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- Tigers To Acquire Joakim Soria
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Joakim Soria Rumors
10:25pm: The Tigers have announced the deal, making it official.
9:23pm: The Tigers have agreed to acquire reliever Joakim Soria from the Rangers in exchange for right-handed pitching prospects Jake Thompson and Corey Knebel, Kyle Bogenschutz of Scout.com was first to report on Twitter. Jon Morosi of FOX Sports confirmed that an agreement is in place (via Twitter).
With the acquisition of Soria, the Tigers now possess both of the Rangers’ most recent closers (having signed Joe Nathan as a free agent over the offseason). It appears that Nathan will retain the closer’s mantle for the time being, but regardless the team will now have an additional premium arm to throw into high-leverage situations. At the moment, the team owns the fifth-worst relief ERA in baseball.
Soria, a 30-year-old righty, owns a 2.70 ERA with a spectacular strikeout to walk ratio of 11.3 K/9 against only 1.1 BB/9. Indeed, his FIP stands at a miserly 1.07, which handily leads all pitchers who have thrown at least 30 innings. Other ERA estimators (2.25 xFIP; 1.84 SIERA) concur in Soria’s excellence to date in 2014.
He is playing out the back end of the two-year, $8MM deal he signed to join the Rangers after Tommy John surgery led to the end of his tenure with the Royals. But Soria also comes with a seemingly reasonable $7MM club option. (That option would increase to $8MM if he finishes 55 games; he is sitting on 32 at present. The contract also includes performance bonuses.)
The return would appear to be substantial. Both Thompson and Knebel rated among Detroit’s ten best prospects coming into the year, per Baseball America, with the former landing at fourth and the latter at sixth on BA’s list. If anything, their stock has risen since that time.
Thompson, a 20-year-old starter, just earned a promotion to Double-A after posting a 3.14 ERA over 83 innings with 8.6 K/9 and 2.7 BB/9 at the High-A level. Baseball America says he has mid-rotation upside. He has a low-to-mid 90s fastball and promising slider, but profiles as a mid-rotation arm if he can develop a consistent third pitch from amongst his other offerings (curve and circle change).
The 22-year-old Knebel, meanwhile, has already made his big league debut after being selected 39th overall in last year’s draft. Though he surrendered six earned runs in 8 2/3 MLB frames, he also notched 11 strikeouts against just three walks and has dominated minor league hitters. He profiles as a potential future closer, says BA, though Detroit had weighed the possibility of trying him as a starter.
With Soria and Huston Street now taken, the relief market now lacks somewhat for obviously available closers. Jonathan Papelbon is surely available, but of course comes with a still-sizable contract. The Padres will presumably listen on Joaquin Benoit, but may want a large return to part with him after dealing Street. And it remains to be seen whether names like Koji Uehara and Steve Cishek could be had.
The Tigers, Pirates and Indians are interested in Padres reliever Joaquin Benoit, CBS Sports’ Jon Heyman reports. The Padres have already shipped out one reliever with closing experience, trading Huston Street to the Angels, but Heyman writes that Benoit will likely fetch a less attractive return, since teams generally view him as a setup man, not a closer.
Heyman notes that the Tigers or Pirates could use Benoit in the eighth inning, allowing Joe Nathan or Mark Melancon, respectively, to continue to close. (Those two teams are also interested in Joakim Soria of the Rangers, Heyman notes.) It isn’t yet clear whether the Indians will be buyers.
Benoit is owed $8MM next year plus $8MM or a $1.5MM buyout in 2016. His 2016 option will vest if he finishes at least 55 games in 2015. Benoit has a 2.04 ERA with 10.4 K/9 and 2.5 BB/9 in 39 2/3 innings with San Diego this year.
11:10am: Morosi’s colleague, Ken Rosenthal, adds that the Tigers are also interested in Joaquin Benoit but are not actively pursuing Huston Street at this time (Twitter links). The Tigers, according to a rival executive with whom Rosenthal spoke, are interested in adding a reliever that doesn’t view himself as a pure closer, suggesting that a new acquisition may not supplant Nathan as the primary ninth-inning option.
The back end of the bullpen was a worry that Detroit GM Dave Dombrowski hoped not to have when he signed Joe Nathan this offseason, but the former Twins/Rangers stopper hasn’t pitched like himself in 2014. Nathan has posted a 5.61 ERA in 33 2/3 innings with the Tigers, and while his strikeout rate remains strong (9.4 K/9), his walks are up and his fastball is averaging a career-worst 91.7 mph. That velocity dip could have something to do with the increase in his home run rate and decrease in swinging-strike rate as well.
Soria, on the other hand, has been excellent in his first full season back from Tommy John surgery. The former Royals closer has turned in the best strikeout and walk rates of his career (11.9 K/9, 1.2 BB/9) en route to a 2.67 ERA and 16 saves in 30 1/3 innings of relief work.
An acquisition of Soria would give the Tigers an improved ninth-inning option not only for 2014 but also 2015, as his contract contains a $7MM club option ($500K buyout). Beyond that, Soria is highly affordable in 2014, as he’s earning just a $5.5MM salary, of which $2.19MM remains.
This would be the second straight season in which the Tigers have acquired bullpen help, should a deal come to fruition. However, the asking price on Soria will undoubtedly be higher than last year’s asking price for Jose Veras. Detroit sent Danry Vasquez and David Paulino to Houston in order to complete that deal.
The Rangers have reportedly been receiving a good deal of interest in their bullpen arms, and they’ve already shown a willingness to move veteran pieces by sending Jason Frasor to the Royals this week.
The Angels and Padres don’t match up on a deal for right-hander Ian Kennedy, sources tell Ken Rosenthal of FOX Sports, but the two sides are still discussing closer Huston Street (Twitter link). Rosenthal notes that the Padres are still listening to offers from other clubs with interest in Kennedy.
The Angels have been connected to Street several times, and the pitcher himself even said he would welcome a trade to the Halos when asked by Bill Shaikin of the L.A. Times. That’s not to say that Street wants to be traded to Anaheim — he’s said multiple times that he loves San Diego — but rather that if he is traded, he’d prefer it to be to a contending team. Street also told Shaikin how exciting the concept of playing alongside names like Mike Trout and Albert Pujols would be, and he offered high praise for manager Mike Scioscia.
According to Shaikin, the Angels prefer Street to Jonathan Papelbon and Joakim Soria. Street, who has pitched to a 1.09 ERA with 9.3 K/9 and 1.9 BB/9 in 33 innings this season, is earning $7MM and has a $7MM club option on his contract for 2015. As such, the price tag on him is likely to be fairly substantial, though not as steep as the presumed price tag on Kennedy.
As far as Kennedy goes, it’s not entirely surprising that the two sides don’t match up. The Angels’ weak farm system has been well documented, and there’s been a great deal of speculation that they could have trouble landing significant upgrades on the trade market. In a second piece, Shaikin spoke with GM Jerry Dipoto, who said that he doesn’t want to deal any pieces from his big league roster in trades.
That, of course, implies that a young player who could be of interest to a rebuilding club, such as slugging first baseman/DH C.J. Cron, isn’t likely to find himself as part of a trade. As Shaikin writes, Dipoto knows that means he doesn’t have the pieces to acquire David Price, but the team is still in active pursuit of pitching upgrades. Based on all of these reports, it seems that Street is the primary target for the time being, though I’d expect the Angels to cast a wide net over the next few weeks.
9:13pm: Texas wants a “substantial package” to move Soria, report T.R. Sullivan and Grace Raynor of MLB.com. The asking price is believed to be two or three prospects.
1:51pm: The Rangers are receiving trade interest in a number of their bullpen arms, according to multiple reports. MLB.com’s T.R. Sullivan reports that the team is listening on right-hander Jason Frasor and lefty Neal Cotts, and both have generated some interest. Meanwhile, Ken Rosenthal and Jon Paul Morosi of FOX Sports report that the Angels, Blue Jays and Tigers have been in contact with the Rangers about closer Joakim Soria (Twitter link).
As Sullivan points out, both Frasor and Cotts are free agents at season’s end. While Frasor has scuffled of late, yielding five runs over his past 3 1/3 innings, he still boasts a solid 3.38 ERA with 9.2 K/9, 4.0 BB/9 and a 47 percent ground-ball rate. The 36-year-old is earning a highly affordable $1.75MM this season, meaning that he’s owed about $765K through season’s end.
Cotts, 34, reemerged in the Majors last season after an absence of four years and put his injury woes behind him with an electric 1.11 ERA in 57 innings for Texas. He’s taken a step back in 2014 but has a solid 3.55 ERA with 45 strikeouts against 15 walks in 38 innings. However, after dominating opposing lefties in 2013, he’s surrendered a .281/.328/.456 batting line against same-handed hitters in 2014. It shouldn’t come as a total shock, as Cotts does have a reverse-platoon split for his career, but certainly not one this pronounced. Cotts is earning $2.2MM this season, meaning he has roughly $962K remaining on his deal.
As for Soria, the Tigers and Angels come as no surprise, as both have dealt with significant bullpen issues in 2014. However, the Blue Jays are a bit of a surprise club to see listed here. In another series of tweets, Rosenthal adds that while the club does like Soria, the team is also toying with the idea of promoting top prospect Aaron Sanchez to work out of the bullpen this season. Fellow top prospect Daniel Norris could even join him eventually, Rosenthal adds, making for a situation that would resemble the dynamic pairing of Trevor Rosenthal and Carlos Martinez with the Cardinals last year.
Soria is in the midst of one of perhaps his finest season. In his second year back from Tommy John, the 30-year-old has a 2.76 ERA with a whopping 12.3 K/9 and a minuscule 1.2 BB/9 in 29 1/3 innings. Sabermetric ERA estimators such as FIP (0.80), xFIP (1.93) and SIERA (1.58) all feel that he’s doing the best work of his career. Though he has a higher salary at $5.5MM, Soria unquestionably will come with the highest asking price in a trade. He has an affordable $7MM club option on his contract for 2015, and the Rangers do have eyes on contending next season, when they hope to have better luck on the injury front.
SUNDAY: ESPN's Buster Olney tweets the Rangers are having more than internal talks and are shopping Nathan for an established hitter. Danny Knobler of CBSSports.com writes Nathan would have great value on the trade market, but most teams that would want him wouldn't be in position to part with the type of hitter the Rangers need.
SATURDAY: The Rangers have had internal conversations about trading closer Joe Nathan, Ken Rosenthal of FOXSports.com reports, citing major league sources who say such a move would be aimed at taking advantage of the Rangers' deep bullpen and this year's thin relief pitching market. Nathan would immediately become the top closer on offer if the Rangers decide to shop him, Rosenthal says, placing him ahead of the Phillies' Jonathan Papelbon, who may not even be traded.
The move would open new trade possibilities for the Rangers, who have been frustrated in their attempts to acquire pieces to bolster their lineup, which ranks ninth in the AL in runs per game. After dropping 11 of their last 14 games, Texas' situation has grown more urgent, Rosenthal observes. He names the Tigers, Red Sox and Dodgers as teams known to be in the market for late-inning bullpen pieces.
Former Royals closer Joakim Soria could step into the same role for Texas, according to Rosenthal's sources, and Texas pitcher Neftali Feliz, a former closer in his own right, is also expected to return from Tommy John surgery in about a month's time. In addition, Alexi Ogando, who's currently in the rotation, could slide into a late-inning role for Texas after starter Matt Harrison returns from the DL, so the back end of the Texas bullpen could remain a strength even if they do decide to trade Nathan.
Nathan, 38, has a sparkling 1.73 ERA this year in 41 2/3 innings, posting a 9.5 K/9 and 2.4 BB/9. His contract has him earning about $2.5MM on the remainder of the season and also includes a $9MM club option for next year, though Nathan can choose to void the option and become a free agent if he finishes 55 games. He has already finished 39 games this year.
Edward Creech contributed to this post.
The latest from around the AL Central…
- Despite the fact that the Twins are looking to give Trevor Plouffe some competition at third base, Ian Stewart isn't a match with the team, according to the Minneapolis Star Tribune's La Velle E. Neal III (on Twitter).
- Ben Revere's name has surfaced as a possible trade candidate, tweets Jon Paul Morosi of FOX Sports. Revere became the Twins' projected center field starter with the trade of Denard Span to the Nationals, so Morosi believes Minnesota might need to get a center field back in order to move Revere.
- The Indians offered four years and $44MM to Shane Victorino, tweets Ken Rosenthal of FOX Sports. Victorino ultimately chose a three-year, $39MM offer from Boston, but it shows that the Indians have some money to spend.
- The Royals' offer was "not even close to what I was looking for," new Rangers setup man Joakim Soria told reporters including MLB.com's Jesse Sanchez on a conference call today. Soria landed a two-year, $8MM deal with the Rangers.
- The White Sox continue to have dialogue with free agent catcher A.J. Pierzynski, writes Dan Hayes of CSNChicago.com.
- We had a few Tigers rumors yesterday also.
Despite ranking as one of the best closers in baseball from 2007-10, Joakim Soria will try his hand at setting up Joe Nathan in 2013. Soria, 28, officially signed a two-year, $8MM deal with the Rangers today. The contract includes a club option for 2015. The longtime Royals closer had Tommy John surgery in April, and the team declined his $8MM club option. Soria is represented by Oscar Suarez.
Soria owns a 2.40 ERA, 9.7 K/9, 2.5 BB/9, 0.68 HR/9, and 160 saves in 315 1/3 career innings. The Royals picked him up in the 2006 Rule 5 draft, and he ranks third among franchise saves leaders. The Rangers had a need for a late-inning addition, having lost Mike Adams and Koji Uehara to free agency and Alexi Ogando to the rotation.
The Angels, Reds, and Red Sox are among the other teams that expressed interest in Soria, who ranked 37th on MLBTR's top 50 free agents list.
Ken Rosenthal of FOX Sports and Jon Heyman of CBS Sports initially broke the story. Photo courtesy of U.S. Presswire.
An ex-Ranger is heading to the AL East, as Mike Napoli and the Red Sox agreed to a three-year contract earlier today. However, there's still plenty of activity going on out west, so let's round up a few items from the AL West….
- The Mariners and Rangers sound like the two biggest suitors besides the Nationals for Adam LaRoche, says Adam Kilgore of the Washington Post (Twitter link).
- As the Angels eye Sean Burnett, they continue to have interest in other relief options, according to MLB.com's Alden Gonzalez (via Twitter). Mike Adams remains a possibility, and the team also checked in on Joakim Soria, though he wants to close.
- The Mariners remain open to signing a defensive catcher, tweets Greg Johns of MLB.com.
- The Mariners had "no idea" that the Red Sox were closing in on an agreement with Napoli, GM Jack Zduriencik tells Rob Bradford of WEEI.com.
The Rangers are close to a two-year deal with reliever Joakim Soria, tweet Ken Rosenthal and Jon Paul Morosi of FOX Sports. The contract is thought to be worth $8-9MM, tweets Danny Knobler of CBS Sports. The longtime Royals closer had Tommy John surgery in April, and the team declined his $8MM club option.
Soria, 28, owns a 2.40 ERA, 9.7 K/9, 2.5 BB/9, 0.68 HR/9, and 160 saves in 315 1/3 career innings. The Royals picked him up in the 2006 Rule 5 draft, and he ranks third among franchise saves leaders.