Originally posted on Waiting For Next Year  |  Last updated 7/3/12

The Cleveland Indians have reportedly signed Hector Caro, a 16-year-old outfielder from the Dominican Republic, to a $1.1 million deal.

Caro, a right-handed hitter who presently projects to be a 6-foot-2-inch, 185-pound left fielder with raw power, has reportedly shown flashes of potential, but as reported by Baseball America, is allegedly being overvalued by the Indians.

“Cleveland appears to have strayed significantly from the industry consensus in its evaluation of Caro,” wrights BA’s Ben Badler, “a player several teams did not consider to be one of the top prospects in Latin America and was not ranked among the Top 20 international prospects for July 2. While Caro’s bonus is surprising based on his scouting reports from several organizations, sources had told Baseball America before July 2 that the Indians were expected to give him a seven-figure bonus.”

Badler adds that Caro has a swing that “needs improvement” and will be limited to left field due to speed and arm strength. The team has not yet announced this signing.

[Related: Proud Canadian Nick Weglarz Relishes Moment in Spotlight for Akron Aeros]

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