11:52am: Ben Badler of Baseball America reports that Soler's agent, Bart Hernandez of the Praver Shapiro Sports Management group, still must produce a) an unblocking license from the Office of Foreign Asset Control, or b) two permanent residency documents from a new country before any contract can be finalized.

10:39am: Jorge Soler has been declared a free agent and is now eligible to sign with any team, reports Ken Rosenthal of FOX Sports (on Twitter). The 20-year-old Cuban outfielder will be subject to the spending restrictions imposed by the new collective bargaining agreement as of July 2nd, but he can sign for any amount prior to then.

The Indians, Red Sox, Phillies, Yankees, Marlins, Blue Jays, and Astros are said to have interest in Soler, and I'm sure many other clubs will get involved as well. Back in March we heard bogus reports that the Cubs had agreed to a contract with the outfielder. Two GMs speculated that the bidding would exceed five years and $15-20MM back in February.