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Archives for January 2012

Astros Sign Chris Snyder

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TUESDAY, 7:10pm: Snyder will earn $750K in 2012 with $350K of it being guaranteed, reports ESPN's Jerry Crasnick (all Twitter links). He can earn an additional $1.75MM in bonuses, and the mutual option for 2013 is worth $4MM with a $500K buyout.

FRIDAY, 11:13am: The Astros announced that they signed catcher Chris Snyder to a one-year deal that includes a mutual option for 2013. LSW Baseball represents the eight-year veteran.

Snyder spent much of the 2011 season on the 60-day disabled list with lower back tightness. The 30-year-old posted a .271/.376/.396 line in 119 plate appearances when healthy, but the Pirates declined their option on him after the season. Snyder, who joins Jason Castro and Humberto Quintero on Houston's roster, owns a .231/.333/.394 career line.

Yankees Avoid Arbitration With Russell Martin

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6:37pm: David Waldstein of The New York Times reports (on Twitter) that Martin received $7.5MM with $100K in performance bonuses. In terms of guaranteed money, he settled just below the midpoint of the filing figures.

5:04pm: The Yankees and Russell Martin have avoided arbitration by agreeing to a one-year contract, the team announced. The Matt Colleran client filed for $8.2MM while the team countered with $7MM, as our Arbitration Tracker shows.

Martin, 28, signed a one-year deal worth $4MM with the Yankees last offseason after being non-tendered by the Dodgers. He hit .237/.324/.408 with 18 homers and eight steals during his first year in pinstripes, and remained under the team's control are an arbitration-eligible player. This is his fourth time up for arbitration as a Super Two, and he's eligible for free agency next winter.

Boone Logan is the Yankees' only remaining unsigned arbitration-eligible player.

Cespedes Gains Residency In Dominican Republic

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Yoenis Cespedes has gained residency in the Dominican Republic according to agent Edgar Mercedes, reports MLB.com's Jesse Sanchez. The outfielder is now waiting to be declared a free agent by MLB.

The 26-year-old Cespedes went 5-for-35 with no walks and ten strikeouts in winter ball this month, and won't play again according to Baseball America's Ben Badler (on Twitter). Yesterday we heard that the Cubs, Marlins, and Tigers are the teams most actively targeting him, though the Prince Fielder signing presumably takes Detroit out of the running.

Diamondbacks, Brad Ziegler Avoid Arbitration

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The Diamondbacks have agreed to a one-year deal with Brad Ziegler, avoiding arbitration, MLBTR has learned. The right-handed reliever will earn $1.795MM in 2012.

Ziegler posted a 2.16 ERA with 6.8 K/9 and 2.9 BB/9 in 58 1/3 innings for the Athletics and Diamondbacks in 2011. He was arbitration eligible for the second time this offseason after earning $1.25MM last year. As MLBTR's Arbitration Tracker shows, the ICON Sports Managment client filed for $1.945MM while the Diamondbacks countered with a $1.46MM offer. Craig Breslow, Miguel Montero and Ryan Roberts are the Diamondbacks' remaining arbitration eligible players.

Rays Designate Justin Ruggiano For Assignment

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The Rays designated outfielder Justin Ruggiano for assignment to create roster space for Carlos Pena, the Tampa Tribune tweets. The team's 40-man roster remains full.

Ruggiano appeared in 46 games for the Rays last year, playing all three outfield positions. The 29-year-old posted a .248/.273/.400 line in 111 plate appearances. Ruggiano, who also played for the Rays in 2007-08, is not yet arbitration eligible.

Rays, Keppinger Closing In On Deal

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The Rays are closing in on a Major League deal with infielder Jeff Keppinger, Marc Topkin of the Tampa Bay Times tweets. The team will likely finalize an agreement with the CSE client by the end of the week.

Keppinger posted a .277/.300/.377 line in 399 plate appearances for the Astros and Giants in 2011. The 31-year-old only played second base last year, but he has started 80-plus games at shortstop and third base in his seven-year career. Keppinger earned $2.3MM last year and would have obtained a raise through arbitration, so the Giants non-tendered him in December, holding onto Mike Fontenot instead.

Blue Jays To Sign Francisco Cordero

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The Blue Jays agreed to sign right-handed reliever Francisco Cordero to a one-year, $4.5MM contract, Ken Rosenthal of FOX Sports tweets. The Proformance client will set up for closer Sergio Santos, Rosenthal writes.

Cordero, 36, posted a 2.45 ERA with 5.4 K/9, 2.8 BB/9 and a 50% ground ball rate in 69 2/3 innings for Cincinnati this past season. Cordero reached the 30-save plateau for the fifth consecutive season, saving 37 games. His average fastball velocity checked in at 93 mph, but peripheral stats such as xFIP (4.14) and SIERA (3.91) suggest his 2.45 ERA may be artificially low. The Angels, Phillies, Orioles and Rangers all showed interest in Cordero leading up to today's agreement, MLBTR has learned.

The Blue Jays' bullpen will look considerably different in 2012, with newcomers Cordero, Jason Frasor, Sergio Santos and Darren Oliver joining holdovers Carlos Villanueva, Luis Perez, Jesse Litsch and Casey Janssen. Toronto's relievers placed 24th in MLB with 7.5 K/9 and 21st in MLB with a 3.88 ERA in 2011. The bullpen appears considerably stronger heading into the 2012 season, but the Blue Jays' rotation doesn't boast the same depth as other American League clubs such as the Yankees, Tigers, Rays, Angels and Rangers.

Though the Blue Jays won't have to surrender a draft pick to sign Cordero, the Reds will obtain a supplementary first round pick because of the modified procedure for Type A free agents under baseball's new collective bargaining agreement.

It's been a busy week for the Blue Jays, who signed Omar Vizquel last night and extended Brandon Morrow this morning. The Cordero agreement seems to remove them from the Koji Uehara trade talk.

Rays Sign Carlos Pena

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The Rays have signed Carlos Pena to a one-year deal that will bring the powerful first baseman back to Tampa Bay, the team announced. The Scott Boras client will earn $7.25MM in 2012.

“Carlos is one of the most accomplished players in team history and he is a great fit for our club in 2012 both on and off the field,” Rays executive VP of baseball operations Andrew Friedman said. “He adds to our offense with his power while maintaining the high defensive standard we seek.”

Carlos Pena - Rays

Pena, 33, posted a .225/.357/.462 line with 28 home runs in 606 plate appearances for the Cubs in 2011. He earned $10MM last, when the Rays spent $42MM on their entire Major League payroll. Pena averaged 36 home runs and a .238/.368/.516 line in his four seasons in Tampa Bay from 2007-10. Just 9.36% of 15,700 people who participated in MLBTR's December poll expected Pena to return to Tampa Bay. 

The Rays have added substantial power to the lineup in Pena and Luke Scott. Casey Kotchman, who played first base for the Rays in 2011, will presumably sign elsewhere — possibly in Cleveland — now that the Rays no longer have an opening at first base. Potential suitors for Pena such as the Yankees, Tigers and Indians will have to turn elsewhere for power bats.

The Cubs offered Pena arbitration after the season, so they'll earn a compensatory draft pick for losing the Type B free agent. However, the Rays don't have to surrender a pick to add Pena. Pena ranked 16th on MLBTR's list of top free agents entering the offseason.

Jon Heyman of CBS Sports first reported the agreement, after Yahoo's Tim Brown reported that the Rays were "in pretty deep" with Pena. Photo courtesy Icon SMI.

Athletics Agree To Sign Bartolo Colon

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The Athletics and Bartolo Colon have agreed to a one-year contract, the team announced. MLB.com's Joey Nowak reports that the deal is worth nearly $2MM and could include a signing bonus. The Diamondbacks had shown interest in Colon recently, and the Yankees indicated a willingness to re-sign him earlier this winter.

A client of Adam Katz at Wasserman Media Group, Bartolo resurrected his career with New York in 2011, pitching to a 4.00 ERA with 7.4 K/9 and 2.2 BB/9 in 164 1/3 innings after signing a minor league contract. The 38-year-old Colon did not pitch in MLB in 2010, and has been treated with stem cells from his bone marrow and fat to repair tears in his elbow and rotator cuff. He was regularly hitting 94-96 with his fastball last year before fading down the stretch.

Having traded both Gio Gonzalez and Trevor Cahill this offseason, the Athletics are looking at Colon as a stopgap for a rotation that will also include Brandon McCarthy, and possibly a healthy Dallas Braden. Brett Anderson will be out until midseason due to Tommy John surgery, though the recently acquired Jarrod Parker, Tom Milone, and Brad Peacock will all make their case for a starting spot in Spring Training.

USA Today's Bob Nightengale first reported that Colon had agreed to a deal with an unknown team, then later added details along with CBSSports.com's Jon Heyman (all Twitter links). ESPN's Jayson Stark first reported the Athletics' involvement.

Astros Designate Angel Sanchez For Assignment

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The Astros designated infielder Angel Sanchez for assignment, the team announced. The move creates roster space for catcher Chris Snyder.

Sanchez, 28, appeared in 110 games for the Astros in 2011, playing shortstop, second and third. He posted a .240/.305/.285 line in 328 plate appearances. He barely missed the super two cutoff and will be arbitration eligible for the first time next offseason if he spends enough time on an MLB roster in 2012.

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