Yankees Interested In Jeremy Bonderman

The Yankees have been on the lookout for pitching since losing out on Cliff Lee, and that search has led them to Jeremy Bonderman. Jon Paul Morosi of FOX Sports reports that they have interest in the right-hander according to a Major League source.

Bonderman, still just 28, posted a 5.53 ERA with a 5.9 K/9 and 3.2 BB/9 in 171 innings for the Tigers last season. He's battled significant shoulder issues in recent years, derailing a once promising career. The Rockies, Cubs, and Pirates have shown varying levels of interest in Bonderman this offseason. 

MLBTR's Luke Adams identified Bonderman as a pitcher that could benefit from a move to the National League.  He appears in line for a one-year deal.

Reds Notes: Hermida, Nix, Renteria

The Reds officially added Jeremy Hermida today, and now John Fay of The Cincinnati Enquirer brings us some more rumors from the Queen City…

  • The Hermida signing does not mean the team is done looking for a lefty hitting outfielder to platoon with Jonny Gomes. "We’re still looking at other guys," said GM Walt Jocketty. "But we’re going to give him a good opportunity. Hopefully, we can bring in some other guys to compete. Competition is a good thing."
  • "Possibly," replied Jocketty when asked about the possibility of bringing Laynce Nix back. "We haven’t talked about it lately. We've been concentrating on other guys." The Mariners offered Nix a contract last month.
  • Jocketty confirmed that there is nothing new with Edgar Renteria. The club spoke to the shortstop's representatives recently, though he is talking with the Giants again.

Mariners Re-Sign Josh Bard

The Mariners have re-signed catcher Josh Bard, tweets Jon Paul Morosi of FOX Sports. MLB.com's Greg Johns says it's a minor league deal with an invite to Spring Training, and that Bard will compete with Adam Moore for the backup catcher job (Twitter links).

The 32-year-old hit .214/.276/.357 in 126 plate appearances with Seattle in 2010, though he did throw out six of 18 would-be base stealers. He also missed some time with a calf strain. Bard is a .256/.323/.387 career hitter, but the last three years haven't been pretty: .218/.285/.332 in 625 plate appearances split between the M's, Nationals, and Padres. 

Indians Acquire Joe Martinez

The Indians acquired Joe Martinez from the Pirates for a played to be named or cash considerations, the teams announced today. The Pirates acquired Martinez and John Bowker from the Giants for Javier Lopez at last year's trade deadline, and went on to designate Martinez for assignment late last month.

The right-hander posted a 4.12 ERA in 19 2/3 innings for the Giants and Pirates last year, walking as many hitters as he struck out (9). He also spent time at Triple-A as starter and reliever, posting a 3.94 ERA with 6.8 K/9 and 2.7 BB/9 in 109 2/3 minor league innings. Martinez, a 2005 12th round pick by the Giants, turns 28 next month.

Martinez has two options remaining, according to MLB.com's Jordan Bastian (on Twitter). That enables the Indians to demote him to the minors without exposing him to other teams.

Blue Jays Sign Chad Cordero

The Blue Jays have signed Chad Cordero, according to Reynolds Sports, the pitcher's agency, and the team (Twitter links). Cordero is just 28, but he has already experienced his share of highs and lows as a major leaguer.

He made the All-Star team and led the National League with 47 saves in 2005, when he finished fifth in Cy Young balloting and even picked up votes in the MVP race. But Cordero underwent right shoulder surgery in 2008 and has only appeared in nine big league games since.

Cordero posted a 3.03 ERA in 35 2/3 innings for the Mets' and Mariners' Triple-A affiliates last year. His strikeout (9.1 K/9) and walk (2.3 BB/9) numbers were strong in the minor leagues, but they didn't translate in his brief return to the majors.

Cordero will likely compete with pitchers such as Carlos Villanueva, Josh Roenicke, David Purcey, Jesse Carlson and Rommie Lewis for jobs in the Jays' 'pen this spring.

Phillies, Durbin Exchange Offers

The Phillies have made Chad Durbin a formal offer and the pitcher and his representatives at Beverly Hills Sports Council have made a counter-offer, according to Matt Gelb of the Philadelphia Inquirer. The reliever is negotiating with the Phillies and several other interested teams, but Durbin would prefer to return to Philadelphia, according to Gelb.

Durbin, who made $2.125MM in 2010, “is believed to be seeking a raise,” Gelb writes. The 33-year-old right-hander posted a 3.80 ERA with 8.3 K/9 and 3.5 BB/9 in 68 2/3 innings last season, his third in Philadelphia.

Blue Jays Sign Octavio Dotel

The Blue Jays' deal with Octavio Dotel is official, the team announced. The sides agreed on a $3MM contract for 2011 plus a $3.5MM club option for 2012, according to the team. Enrique Rojas of ESPNDeportes.com (Twitter links) first reported the deal. 

Dotel will be the frontrunner for Toronto's closer job this spring, though he'll have to earn it, according to Morosi. 

The Blue Jays lost Scott Downs to the Angels and Kevin Gregg also seems likely to depart via free agency. To a certain extent, Dotel actually resembles Gregg statistically. Both walked about one batter per two innings last year, while Dotel (10.5 K/9) struck out more opponents than Gregg (8.8 K/9). Gregg picked up 37 saves to Dotel's 22 and posted a lower ERA (Gregg: 3.51 ERA, Dotel: 4.08 ERA). Gregg also throws slightly harder, is five years younger and induces more ground balls. The two pitchers are both represented by Beverly Hills Sports Council.

The Blue Jays could have exercised Gregg's $4.5MM option for 2011 after the season, but chose to decline. Assuming Gregg signs a major league deal elsewhere, they'll end up with an extra supplementary first round draft choice and a bullpen that costs $1MM less (the difference between Dotel's guarantee and Gregg's option).

The Pirates – the first of the three teams Dotel played for last year – and the Rays were among Dotel's suitors this offseason. The Rockies – the third of the three teams he played for – will obtain a supplementary first round pick in next year's draft since they offered the Type B reliever arbitraiton.

It's worth noting that Colorado will get a compensation pick for a player who appeared in eight games as a Rockie. Even more remarkably, the Blue Jays gained a supplementary first round pick for losing former Rockie Miguel Olivo, a player who never once suited up for them.

Reds To Sign Jeremy Hermida

The Reds agreed to sign Jeremy Hermida to a minor league deal, according to the team (on Twitter). The move fills out Cincinnati's outfield and lessens the need for Fred Lewis or Scott Podsednik. Career Sports represents Hermida, who turns 27 this month.

Hermida joins Drew Stubbs, Jonny Gomes and Chris Heisey in a primarily right-handed outfield (Jay Bruce is the lone lefty hitter). Hermida bats from the left side and has a career .267/.342/.432 line against righties, so he could provide manager Dusty Baker with an alternative starter most days. The former first rounder hit .216/.268/.351 for the Red Sox and A's last year, playing left and right.

Jon Paul Morosi of FOX Sports first reported the agreement and MLB.com's Mark Sheldon first reported that the sides were close to a deal.

Giants, Renteria Talking Again

The Giants and Edgar Renteria are once again discussing a potential deal, according to Mychael Urban of CSNBayArea.com (on Twitter). However, the team is not optimistic about re-signing the infielder, since Renteria has drawn interest from other clubs. The Giants offered a deal in the $1MM range earlier in the offseason, but Renteria didn't like the proposal and suggested it showed a "lack of respect."

The Reds offered Renteria a deal weeks ago, according to ESPN Deportes. Renteria, 34, says he intends to play for two more seasons. He batted .276/.332/.374 in 267 plate appearances last year, missing time with elbow, groin, hamstring and shoulder injuries before returning to form and winning the World Series MVP. 

Poll: Recent Rockies Extensions

The Rockies have locked up Troy Tulowitzki through 2020 and they've agreed to a deal that should keep Carlos Gonzalez in Denver through 2017. Both are powerful young hitters capable of playing premium defensive positions at a high level, so any team would want them.

Tulowitzki, 26, finished fifth in MVP voting in 2009 and 2010. He plays Gold Glove defense and has an electrifying bat capable of carrying a team (remember those 15 September home runs?). Gonzalez, also a Gold Glove winner, is just 25. He won a batting title last year and hit 34 home runs. Few teams have two elite young players like Tulo and CarGo, so it's not surprising that GM Dan O'Dowd wanted to keep them around.

But the Rockies didn't have to offer Tulowitzki and Gonzalez massive extensions to keep the players in Colorado. They were both under team control through 2014 before they agreed to extensions. You could argue that the Rockies took on unnecessary risk with their recent deals. It begs the question…

Should the Rockies have extended Tulo and CarGo?

  • Yes - championship clubs are built around elite players 74% (7,087)
  • No - the team took on unnecessary risks 26% (2,522)

Total votes: 9,609