The policy is officially up and running: Cuban legend Frederich Cepeda just signed with the Yomiuri Giants for $1.5 million without defecting. Ironically enough, one of his new teammates will be Leslie Anderson, a Cuban who did defect a few years ago. Cepeda's 34 now but was he once considered the best player on the island (in the 2006 WBC, where he faced the DR, Puerto Rico, Venezuela, and Japan, he hit .385/.500/.731 with 2 homeruns and 3 doubles in 8 games). It'll be real interesting to see not just how he performs on the field but how he adjusts to the big time pro experience while still keeping one foot in Cuba.
It'll also be interesting to see if this policy does anything to slow the flood of defectors to MLB that we've seen in recent years. On one hand, the temptation to defect to MLB will still be there, as they can make a lot more money here than in Japan or Korea, and both NPB and the Korean league have restrictions on the number of foreign players each team can sign. On the other hand, a contract for just $100,000 would still be more money then they've ever made in their lives (Cepeda made $1000 a year), and it would probably be great to make that money without having to abandon your family. If I'm the GM of an NPB team, I'm sending a whole team of scouts to Cuba ASAP.