Mariners Notes: Olivo, Kennedy, Bard
Here are the contract details on three of the newest Mariners, courtesy of MLB.com's Greg Johns..
- Catcher Miguel Olivo's two year contract includes a team option for 2013. The veteran will make $2.75 this season, $3.5MM in 2012, and will receive a $750K buyout if his option is not picked up, bringing his guaranteed total to $7MM. If the M's pick up his option in '13, Olivo will earn a base of $3MM that could rise to as much as $3.75MM based on how much he plays in '11 and '12.
- Infielder Adam Kennedy will make $750K if he makes the big league roster. The 35-year-old's contract includes playing-time bonuses that start kicking in at $50K for 350 plate appearances. He could as much as $450K if he reaches 600 plate appearances.
- Catcher Josh Bard will also earn $750K if he makes the major league squad. Bard's bonuses begin at 300 plate appearances and could reach $250K for 500 plate appearances.
- Both Bard and Kennedy can exercise an out clause if they're not on the major league roster by the end of March.
Diamondbacks, Nationals Interested In Heilman
The Diamondbacks and Nationals are among several clubs that have expressed interest in free agent Aaron Heilman this winter, according to Jerry Crasnick of ESPN (via Twitter). After five straight years of 70-plus appearances out of the bullpen, Heilman is looking to become a starter.
Heilman, 32, posted a 4.50 ERA with 6.9 K/9 and 3.3 BB/9 for the D'Backs last season. Since he declined Arizona's arbitration offer, the club will not receive compensation if they lose the Type B free agent. Last month we learned that the Rockies and Pirates were interested in the right-hander as a reliever.
Twins Notes: Pavano, Liriano, Crain, Punto
Let's take a look at some Twins tidbits..
- The Twins and Carl Pavano are still close to a deal but appear to be in a temporary holding pattern, writes Joe Christensen of the Star Tribune. The sides still have some details to work out but they've agreed to put the talks on hold through Tuesday.
- Tabling the talks with Pavano should allow the Twins to focus on their potential arbitration cases. Matt Capps, Francisco Liriano, Kevin Slowey, Glen Perkins, and Delmon Young are all scheduled to swap figures with the Twins on Tuesday. Christensen points out that the Twins settled all eight of their potential arbitration cases at the eleventh hour last year.
- The Twins made some attempts to retain Jesse Crain but ultimately knew that relievers Brian Fuentes, Matt Guerrier, and Jon Rauch would sign elsewhere, according to Christensen.
- Nick Punto is still on the open market but the Twins don't have any plans to bring the infielder back, writes Sid Hartman of the Star Tribune. Punto, 33, has spent the last seven years with the Twins, hitting .248/.323/.324.
Pujols Eyes A-Rod Money; Cards Are Hesitant
It doesn't sound like Albert Pujols’ representatives are going to be shy in their negotiations with the Cardinals. There are early indications that Pujols and agent Dan Lozano have used Alex Rodriguez’s ten-year $275MM contract as the lone point of reference in discussions for a potential extension, according to Jon Heyman of SI.com.
However, the Cardinals “are said to have initially suggested a contract that would guarantee Pujols at least a bit less than $200MM,” Heyman writes. Heyman’s sources believe the Cardinals would prefer not to guarantee Pujols more than seven years. One person said the Cards could offer a seven-year, $196MM deal. Other insiders suggest the team could agree to a $30MM annual salary or a ten-year deal, but not both.
Most people Heyman surveyed suggest Pujols won’t top $250MM if he signs an extension, since he is not negotiating on the open market and since the Yankees and Red Sox have established first basemen.
Click here to vote on Pujols’ future, which will unfold within the next month or so. Lozano set a Spring Training deadline for a possible extension. If the sides don’t reach a deal, the three-time MVP will hit free agency after the coming season. As I explained here, A-Rod money is not an unreasonable target for Pujols.
Teams Continue To Search For Pitching
Teams are still hunting for pitching even as the free agent pool continues to shrink. The Padres, Cardinals, Pirates and Mets are looking for arms, according to Jon Heyman of SI.com (on Twitter). ESPN.com's Jerry Crasnick notes that the Rays and Nationals have not stopped shopping, either (Twitter link).
Two AL East clubs, the Orioles and Yankees have some interest in Freddy Garcia, according to Heyman.
Over in the NL East, the Nationals and Mets have made progress on deals for pitchers today. The Nationals are set to acquire Tom Gorzelanny from the Cubs and the Mets are nearing a deal with Chris Young.
Joey Votto Agrees To Extension With Reds
The Reds have officially agreed to a three-year extension with Joey Votto, reports John Fay of the Cincinnati Enquirer (on Twitter). MLB.com's Mark Sheldon first reported the agreement. The deal, which is a pending a physical scheduled for Monday, will be worth $38MM. Votto is represented by Dan Lozano.
Votto will earn $5.5MM in 2011, $9.5MM in '12m and $17MM mil in '13 along with a $6MM signing bonus, according to Jon Heyman of SI (via Twitter). The first baseman was entering his first season of arbitration eligibility, so the contract will cover the remaining three years of team control. Because the extension only buys out his arbitration seasons, the 27-year-old will still be able to become a free agent after the 2013 season.
Following an MVP campaign in 2010, Votto would have been in line for a massive raise through arbitration. When MLBTR's Ben Nicholson-Smith examined Votto's potential 2011 salary last August, he found that the first baseman's numbers stacked up favorably to other sluggers who received $7MM+ in their first arbitration eligible seasons.
Taking into account Votto's strong finish and MVP award, his 2011 cost likely would have been even higher than $7MM, and would only have increased over the next two years. With this deal, the arbitration process will be avoided, providing both sides with some cost certainty. While $38MM is a significant price to pay for three non-free agent years, it's not unprecedented – Ryan Howard earned $44MM from the Phillies over his first three arbitration seasons.
Votto's deal is the third major extension the Reds have agreed to this winter. In December, Bronson Arroyo signed a three-year, $35MM contract to remain in Cincinnati, and Jay Bruce signed for six years and $51MM.
SI.com's Jon Heyman first reported that Votto and the Reds were "working hard" on a three-year extension.
Blue Jays Sign Jon Rauch
The Blue Jays announced that they signed Jon Rauch to a one-year deal that pays the reliever $3.5MM in 2011 and includes a club option for $3.75MM in 2012. There's a $250K buyout for the 2012 option, so the deal is worth a total of $3.75MM in guaranteed money, according to Jon Heyman of SI.com (on Twitter).
Rauch posted a 3.12 ERA with 7.2 K/9, 2.2 BB/9 and a 37.7% ground ball rate in 57 2/3 innings for the Twins last year. The 32-year-old has always been a fly ball pitcher and the Blue Jays play in homer-friendly Rogers Centre. The combination isn't ideal, but the Blue Jays needed dependable arms after losing Kevin Gregg and Scott Downs to free agency. Rauch has made 50 appearances or more in each of the last five seasons.
The Blue Jays have already added Carlos Villanueva and Octavio Dotel to their bullpen this offseason.
The Twins did not offer the Type B free agent arbitration after the season, so they will not receive a pick for losing the 6'11'' hurler. The Blue Jays do not forfeit a pick for signing Rauch.
Rockies, Lindstrom Agree To Two-Year Deal
The Rockies agreed to a two-year deal with Matt Lindstrom, avoiding arbitration, according to the team (on Twitter). The $6.6MM deal includes a club option for a third year, according to Troy Renck of the Denver Post (Twitter links). Lindstrom will earn $2.8MM in 2011 and $3.6MM in 2012 with a club option for $4MM in 2013, according to Renck.
Lindstrom was arbitration eligible for the second time after earning $1.63MM in 2010. This extension covers his two remaining seasons as an arbitraiton eligible player and the option covers his first season of free agency.
The Rockies acquired the right-hander from the Astros this winter after he posted a 4.39 ERA with 7.3 K/9 and 3.4 BB/9 in 53 1/3 innings. Along with Lindstrom, Matt Belisle (who also avoided arbitration with the Rockies), Huston Street and Rafael Betancourt provide manager Jim Tracy with a number of proven late-inning options.
Ian Stewart, Felipe Paulino and Jason Hammel are the team's remaining unsigned arbitration eligible players, as MLBTR's Arb Tracker shows.
Rockies To Re-Sign Jason Giambi
The Rockies announced that they have agreed to a minor league deal with Jason Giambi (Twitter link). The agreement, which is pending a physical, includes an invitation to big league camp for the WMG client. Giambi will earn $1MM in 2011 if he makes the team, according to Jon Heyman of SI.com (Twitter link).
Giambi hit .244/.378/.398 with six homers and 35 walks in 222 plate appearances for the Rockies last year. The 40-year-old left-handed batter isn't a natural complement to first baseman Todd Helton, or a viable defender at this point in his career. The Rockies have already added infielders Jose Lopez and Ty Wigginton this offseason, but Giambi will provide the team with depth.
AL East Links: Pettitte, Cashman, Chavez, Red Sox
The latest on the AL East, as teams turn their attention to arbitration eligible players and possible bargains on the free agent market…
- A Yankees source told Wallace Matthews of ESPNNewYork.com that the team's optimism about Andy Pettitte's potential return has diminished in the past week. The team has been in touch with Pettitte, but they aren't counting on him to return.
- Despite the suggestion that the Yankees' deal with Rafael Soriano was ownership-driven, the Yankees have "full confidence" in GM Brian Cashman, a senior Yankees executive told Matthews. We heard over the weekend that Cashman has full backing from the Steinbrenner family.
- Blue Jays manager John Farrell confirmed to MLB.com's Gregor Chisholm that the Blue Jays are interested in Eric Chavez. Farrell says he heard good things about the third baseman, who worked out for the Blue Jays recently.
- Peter Abraham of the Boston Globe suggests we'll see a flurry of signings today, since teams would prefer not to exchange figures with their arbitration eligible players. Jonathan Papelbon and Jacoby Ellsbury are Boston's unsigned arbitration eligible players.