Acquiring the additional cash is noteworthy, considering AJ Cassavell of MLB.com pointed out the finalists outside of the Mariners and Angels-the San Diego Padres, Chicago Cubs, Los Angeles Dodgers and San Francisco Giants-can offer Ohtani only $300,000 as a bonus.
Money doesn't seem to be the primary concern for Ohtani, given that the 23-year-old could have stayed in Japan and waited two more years until he was an unrestricted worldwide free agent and made considerably more money.
The teams announced the deals Wednesday night.
Banuelos immediately becomes the top catching prospect in the Twins' system, ahead of 2016 second-rounder Ben Rortvedt and projected 2018 backup Mitch Garver, their minor league player of the year.
Pearson, 19, was selected by the Angels in the third round of the 2017 draft. The Twins had $3.2 million in their worldwide pool, but Ohtani narrowed the list of teams he was considering to seven finalists, and the Twins were not on the list. Seattle, Los Angeles and Texas are among seven teams believed to be in the running for Ohtani. He went on to appear in 40 games of rookie ball with the franchise, batting.226/.302/.284 with 13 RBI and five stolen bases, splitting time between left and center field. His elite throwing arm and excellent blocking skills earned him a spot on the NorthWest League's all-star team and made him one of the Mariners better prospects.
The Twins could still look to re-sign Dominican shortstop Jelfrey Marte, the 16-year-old prospect whose $3 million signing bonus was voided last month due to concerns about his vision. Due to his age, Ohtani can only sign a minor league contract and is subject to the worldwide bonus pool.
With both the Mariners and Angels making these trades, both appear confident they are close enough to landing Ohtani that adding an extra $1 million to his signing bonus might sway his decision.