Freddy Garcia Rumors

Yankees Sign Freddy Garcia

The Yankees have signed Freddy Garcia to a one-year deal, the club announced today.  Garcia, a Peter E. Greenberg & Associates client, will obtain a guarantee of $4MM plus incentives.

Garcia, 35, signed a minor league deal in February and delivered a surprisingly strong 3.62 ERA in 146 2/3 innings. The 13-year veteran posted 5.9 K/9, 2.8 BB/9 and a 36.4% ground ball rate for the Yankees, spending part of August on the disabled list with an index finger injury.

Though the Yankees have locked up C.C. Sabathia, their search for starting pitching continues. Sabathia and Garcia will join A.J. BurnettIvan Nova and Phil Hughes in the team's projected 2012 rotation.

David Waldstein of the New York Times tweeted the sides were nearing agreement on November 23. ESPN.com's Buster Olney was the first to report the two sides had agreed to terms on November 24, with Jon Heyman of MLB Network (on Twitter) adding the contract details.


AL East Notes: Orioles, Garcia, Rays, Blue Jays

The Red Sox won’t be hiring their next manager today, but they made progress on the managerial front this week. Here’s the latest on Boston’s search and here are some updates on their division rivals…

  • Matt Klentak left the Orioles to be the Angels’ assistant GM because the chance to build a winner with Jerry Dipoto was too good to pass up, according to Dan Connolly of the Baltimore Sun. “This is a great opportunity,” Klentak said. “It has nothing to do with the team and the change in regime [in Baltimore].” 
  • Jon Heyman of SI.com says Freddy Garcia’s deal with the Yankees guarantees the right-hander $4MM and includes incentives (Twitter link). Garcia pitched for a $1.5MM base salary this past season but earned a raise with 146 2/3 innings of 3.62 ERA ball.
  • ESPN.com’s Buster Olney highlights some offseason needs for ten MLB teams. For example, the Rays will need to obtain a first baseman and/or a DH and the Blue Jays continue searching for a closer.

AL East Notes: Gio, Jones, Buchholz, Garcia

Here's the latest from the AL East…

  • "Gio Gonzalez has been a name widely discussed internally" by the Red Sox, reports Gordon Edes of ESPN Boston.  The Sox are "extremely high" on the Athletics left-hander.  We've also heard the Yankees and Marlins are interested in Gonzalez, though the A's haven't yet begun seriously discussing possible trades.
  • The Orioles don't have to pursue an extension with Adam Jones this winter, opines MLB.com's Brittany Ghiroli.  She believes if Baltimore's young pitchers don't show signs of improvement next season, the O's will have to enter yet another rebuilding process, and only then will the team decide if Jones is a long-term answer.  If the Orioles rebuild, Jones would command a heavy price on the trade market.  MLBTR's Tim Dierkes looked at Jones as an extension candidate in August.
  • We recently heard from FOX Sports' Ken Rosenthal that the Red Sox asked the Blue Jays about Toronto manager (and former Sox pitching coach) John Farrell.  According to David Waldstein of the New York Times (Twitter link), the Jays asked for Clay Buchholz in return.  As Rosenthal wrote, "the Sox never considered it likely that the Jays would engage in serious discussions about Farrell, and the conversations failed to progress," which isn't at all surprising if Buchholz was the asking price.
  • Freddy Garcia could have found a two-year deal elsewhere but wanted to return to the Yankees, tweets Mark Feinsand of the New York Daily News.  The Red Sox were the only other team known to have an interest in Garcia, who agreed to terms today on a one-year, $5MM deal with New York.


American League Free Agent Arbitration Offers

10 American League teams have free agent arbitration offer decisions to make, and we'll update them in this post throughout the day in advance of the 11pm central time deadline.  For a fantastic customizable chart with all 57 Type A/B free agents and their teams' decisions in real-time, click here

Updated team decisions:

Teams with decisions still due:


Yankees, Freddy Garcia Nearing Deal

The Yankees are nearing a one-year deal with Freddy Garcia, according to David Waldstein of the New York Times (on Twitter).The Yankees offered the right-hander arbitration earlier tonight.

Garcia, 35, signed a minor league deal in February and delivered a surprisingly strong 3.62 ERA in 146 2/3 innings. The 13-year veteran posted 5.9 K/9, 2.8 BB/9 and a 36.4% ground ball rate for the Yankees, spending part of August on the disabled list with an index finger injury.

Though the Yankees have locked up C.C. Sabathia, their search for starting pitching continues. Sabathia and Garcia will join A.J. Burnett, Ivan Nova and Phil Hughes in the team's projected 2012 rotation.


Red Sox Rumors: Garcia, Ortiz, Manager, Darvish

Let's check in on the latest from Red Sox and new GM Ben Cherington….

  • Boston has inquired on Freddy Garcia, a source tells Michael Silverman of the Boston Herald.
  • The Red Sox will meet with David Ortiz's agent tonight, tweets Peter Abraham of the Boston Globe. Rob Bradford of WEEI (Twitter link) hears from a source that the Sox have already made Ortiz a contract offer.
  • Ortiz continues to say that he'd like to return to Boston, and will give the Red Sox a chance to match any other offer he's considering, according to the Boston Herald.
  • At least one more managerial candidate, in addition to Dale Sveum, is expected to get a second interview, tweets Silverman. Principal owner John Henry says the team is making sure not to rush the process, writes Scott Lauber of the Herald.
  • In a separate tweet, Silverman says Cherington will travel to the Dominican Republic, at least in part to get a first-hand look at Yoenis Cespedes.
  • Their current investment in other starting pitchers means the Red Sox will have less interest in Yu Darvish than they did in Daisuke Matsuzaka when he was posted, says Abraham (Twitter link).
  • The Red Sox and Cubs touched base again on compensation talks today and will revisit the topic tonight, according to Gordon Edes of ESPNBoston (via Twitter).
  • Josh Reddick will have wrist surgery, but expects to be healthy in time for Spring Training, reports ESPNBoston's Joe McDonald.

AL East Notes: Votto, Price, Garcia, Yankees, Red Sox

Here's a look at some news out of the AL East..

  • The Rays are concentrating on upgrading at first base, DH, and landing two relievers, tweets Joel Sherman of the New York Post.  They want to hang on to their pitching depth, but that would change if Joey Votto of the Reds became available. 
  • More from Sherman (via Twitter) on the Rays as he writes that the club is always open to anything, but have it in their budget to keep David Price at $4-$4.5MM as a Super Two.  Price could earn $7-8MM in 2012 through arbitration according to MLBTR's projections.  Sherman adds that it would take a gigantic return for them to move him.
  • As expected, the Yankees intend to follow up with Freddy Garcia’s agents once more, a person with knowledge of the situation, told Marc Carig of the Newark Star-Ledger.  Yankees GM Brian Cashman has already talked with Garcia’s representatives, even before the right-hander was a free agent.
  • Dale Sveum is interviewing again Wednesday with the Red Sox and GM Ben Cherington is unsure if they will bring back anyone else for an interview, tweets Bob Nightengale of USA Today.
  • Talks between the Red Sox and Cubs over compensation for Theo Epstein will continue this week but Commissioner Bud Selig is likely to settle matter, Scott Lauber of the Boston Herald tweets. Cherington says that Selig hashing things out is probably what's best for both parties.

East Notes: Oswalt, Wilson, Garcia, Madson, Cuddyer

A few items of note from around the Northeast Corridor …

  • The Yankees have contacted the agent for free agent starters Roy Oswalt and C.J. Wilson, according to Marc Carig of the Star-Ledger. Bombers GM Brian Cashman, however, cautioned that he's "in the process of talking to everybody." Oswalt and Wilson are both represented by Bob Garber of Select Sports Group, as our Agency Database shows.
  • As well, Cashman has already communicated with free agent starter Freddy Garcia's representatives, according to Carig, and the parties are mutually interested in seeing the veteran right-hander in the Bronx again in 2012. Cashman also expressed interest in bringing back reserve infield Eric Chavez, backup outfielder Andruw Jones and right-hander Bartolo Colon.
  • The Phillies have had discussions with free agent closer Ryan Madson, Madson's agent Scott Boras tells Jim Salisbury of CSNPhilly.com. Boras termed the talks with the Phillies as "good dialogue" and said Madson is receiving a lot of interest – even from clubs that weren't thought to be in need of a closer.
  • Newest Phillie Jim Thome is good friends with former Twins teammate Michael Cuddyer, whom the Phillies are seriously pursuing, so Thome could help recruit Cuddyer to Philly, according to Todd Zolecki of MLB.com"We've texted a little bit," Thome said. "We've talked." … "I'm sure we will talk going forward."
  • The Mets will refrain from doling out potentially crippling contracts under GM Sandy Alderson, but they shouldn't draw that line in dealing with their homegrown star Jose Reyes, opines Adam Rubin of ESPNNewYork.com. Writes Rubin: "If the ultimate verdict with Reyes is a calculated baseball decision, so be it. But shame on the Mets if he departs and it is primarily payroll-constraint induced."

Yankees Notes: Sabathia, Darvish, Montero, Garcia

It's been a busy day for the Yankees. They've announced their extension with GM Brian Cashman and declined their option on Andrew Brackman, making the right-hander a free agent. Reactions to C.C. Sabathia's extension have continued streaming in and we have some more notes to pass along from Cashman's conversation with reporters. Most of the quotes below come via Marc Carig of the Star-Ledger:

  • By signing Sabathia, the Yankees added "the most important piece" of the offseason, Cashman said.
  • "Offense is not a problem with this club," Cashman said. He's right – the Yankees scored more runs than any MLB team but the Red Sox and their starting lineup returns in 2012, so pursuing Prince Fielder or Albert Pujols doesn't seem likely. 
  • The focus of the winter is "pitching, pitching, pitching," Cashman said.
  • Cashman said the organization is better-positioned to evaluate Japanese players than it was a few years ago. The Yankees could express interest in Yu Darvish, the Japanese right-hander who may be posted this offseason.
  • Jesus Montero's role with the Yankees has yet to be determined: he could DH, catch on a semi-regular basis or be a bat off of the bench. Cashman expects Montero to contribute in the Major Leagues.
  • Cashman said picking up Nick Swisher's $10.25MM option was an easy decision.
  • Agent Peter Greenberg says there’s mutual interest between the Yankees and free agent Freddy Garcia in working out a new deal, according to Mark Hale, George A. King III and Joel Sherman of the New York Post. The Yankees would likely offer the Type B right-hander arbitration.
  • I examined the Yankees' offseason last week.

Heyman On Friedman, Darvish, Yankees

With the general manager carousel moving at full speed and free agency approaching quickly, there are plenty of rumors in Major League Baseball. Jon Heyman weighed in today at SI.com; here are some highlights: 

  • Heyman’s sources doubt the Angels would waste Andrew Friedman’s time if they weren’t prepared to offer him a job. However, someone close to Friedman doubts he would leave the Rays. Friedman tops the Angels’ long list of GM candidates.
  • One general manager expects C.J. Wilson to sign a deal worth $75MM over five years.
  • Yu Darvish is undecided about making the jump to MLB, but he’ll be in line for lots of money if he does make the leap. One general manager suggested Darvish would cost about $100MM between his contract and his posting fee and another GM agrees that he’ll cost “big bucks.”
  • The Yankees and GM Brian Cashman are making progress in their discussions about a new contract.
  • Free agent starter Freddy Garcia is popular with the Yankees’ front office and could return in 2012. The right-hander barely qualifies as a Type B free agent, according to our rankings.