From truth and rumors, via the NY post.

In addition to signing 16-year-old Venezuelan catching prospect Jesus Montero, the Yankees are still hopeful they can ink Francisco Pena, a 16-year-old catcher from the Dominican Republic, whose father Tony is the Yankees' first base coach. However, it appears the Nationals, who gave Esmailyn Gonzalez, a 16-year-old Dominican shortstop $1.4 million, will land Pena. -- New York Post