FORT MYERS, Fla. — The Boston Red Sox are all in on Cuba, with their pursuit of acclaimed prospect Yoan Moncada the latest example.

Moncada’s representative, David Hastings, said Tuesday he is hopeful the contract with a $31.5 million signing bonus will be finalized by the end of the week. The cost for the Red Sox will double because of the tax for exceeding the international signing bonus pool, a provision in baseball’s collective bargaining agreement.

That means $63 million for a 19-year-old.

Moncada is a switch-hitting, multi-skilled middle infielder who was heavily courted by multiple teams.