Headlines

Go To Pro Hockey Rumors
Go To Hoops Rumors

Archives for January 2016

Twins Avoid Arbitration With Kevin Jepsen

By | at

We’ll track the day’s smaller arbitration agreements in this post:

  • The Twins have announced a deal with righty Kevin Jepsen. He’ll earn $5,312,500, per the club, which lands nearer to his $5.4MM asking price than the team’s $5.05MM filing. MLBTR had projected him at $6MM, though, so Minnesota will certainly save some cash as against the projection system’s expectations. Jepsen came to the Twins from the Rays on deadline day last summer in exchange for minor league righties Chih-Wei Hu and Alexis Tapia. The 31-year-old finished strong, logging ten saves and dropping his already-solid earned run average to a 2.33 mark on the year. Over his 69 2/3 total innings, Jepsen struck out 7.6 and walked 3.5 batters per nine. While the season was a success on the whole, it wasn’t all roses: Jepsen’s K rate dropped (he had struck out better than a batter per inning in each of the prior two campaigns) and he lost just over one full tick on his average heater. Then again, his swinging strike rate was still in the double-digits, and he still ran up his fastball at a sturdy 94.5 mph average. The 31-year-old figures to play an important role in the Twins’ pen before hitting the open market after the season.

Twins Claim Mike Strong, Designate Logan Darnell

By | at

The Twins have claimed lefty Mike Strong off waivers from the Marlins, the club announced. Minnesota designated fellow left-hander Logan Darnell to create roster space.

Strong had already been claimed once this offseason, moving to Miami from the Brewers. He is already 27 years old, and just made it to Triple-A last year, but it’s obvious that teams are interested in his arm. Strong scuffled in his first go at the highest level of the minors, albeit in only a dozen appearances. But he did put up  49 2/3 innings of 2.54 ERA pitching, with 8.9 K/9 against 3.6 BB/9, at Double-A.

As for Darnell, who is about to turn 27 himself, a brief MLB cameo back in 2014 did not go very well. But he had solid results at Triple-A last year, carrying a 2.78 ERA with 7.6 K/9 vs. 2.9 BB/9 over 77 2/3 innings (including 7 starts).

Mariners, Gaby Sanchez Agree To Minor League Deal

By | at

The Mariners and first baseman Gaby Sanchez are in agreement on a minor league contract, reports ESPN’s Jerry Crasnick (on Twitter). The Beverly Hills Sports Council client will receive an invitation to Major League Spring Training as well, SB Nation’s Chris Cotillo tweets.

Sanchez, 32, spent the 2015 season with the Rakuten Golden Eagles of Japan’s Nippon Professional Baseball, where he batted .226/.328/.392 in 232 plate appearances. The former Marlins/Pirates first baseman last appeared in the Majors in 2014, though he struggled at the plate with Pittsburgh that season. Overall, the right-handed hitting Sanchez is a career .254/.332/.413 hitter in 2271 big league plate appearances. He’ll likely compete for a spot as the right-handed half of a platoon at first base alongside Adam Lind, and his career .291/.382/.481 batting line against left-handed pitching suggests that he’s capable of filling that role if he beats out the competition in Spring Training. Jesus Montero is the favorite to land that spot right now.

Tigers, J.D. Martinez Discussing Extension

By | at

The Tigers and right fielder J.D. Martinez have had discussions about a long-term extension, the outfielder himself told MLive.com’s Chris Iott yesterday. “It’s definitely something we’re still talking about,” Martinez said. “It’s something I think both sides are still interested in. We haven’t come to something where we both feel comfortable yet. I love this team. I want to be part of this team. I would love to be a Tiger for life. We’ve just got to see how it goes.”

General manager Al Avila deflected questions when asked about the status of negotiations, speaking highly of Martinez as a player but neglecting to divulge any sort of details into discussions. The Tigers and Martinez have an unresolved arbitration case at present, with Detroit having filed a $6MM salary figure and Martinez having filed an $8MM figure. MLBTR contributor Matt Swartz projected a $7.8MM salary for Martinez in 2016 and explained in a full breakdown of Martinez’s arbitration case that most players in his service class coming off 30-homer, 100-RBI seasons ultimately sign multi-year deals, leaving few recent comparables as the two sides work to avoid a hearing.

In previewing the Tigers’ offseason, I raised the subject of a possible Martinez extension, estimating that if Martinez’s remaining arbitration years can be valued in the vicinity of $20MM (give or take a million), a six-year deal that paid him $20-22MM per free-agent season would be a reasonable outcome. Given the open-market contracts we’ve seen for Martinez’s new teammate Justin Upton as well as Jason Heyward and the rumored five-year offer to Yoenis Cespedes from the Nationals, perhaps something on the lower end of that range would be appropriate, considering the fact that Martinez is still two full seasons from reaching the free-agent market. However, having already banked $3MM this past season and slated to earn somewhere around $7MM this season, there’s less urgency for Martinez to take a discount, as he’s already secured a good bit of financial security. Two more seasons like his 2014-15 years would put him in line for a mammoth contract entering what would be his age-30 season. Something in the vicinity of $100MM doesn’t seem unreasonable, if the Tigers believe he can sustain this production. Alternatively, the Tigers and Martinez could pursue a two-year pact that would lock in his remaining arbitration years without extending club control. Lorenzo Cain went that route earlier this week, and we’ve previously seen players such as Ian Desmond and Jordan Zimmermann do the same.

A long-term contract for Martinez is an understandable goal for either side, but it’s more complicated for the Tigers when looking at the team’s long-term payroll. Miguel Cabrera’s eight-year extension kicks in this season, and he’s owed $248MM over the life of that contract. Similarly, Justin Verlander is owed $28MM annually through the 2019 season, Zimmermann will receive $110MM over the next five years ($18MM in 2016-17, $24MM in 2018 and $25MM in 2019-20), and Victor Martinez is owed $18MM in each of the next three seasons as well. The Tigers cannot even be certain what their payroll will look like beyond the 2017 campaign, as it’s not known whether Upton will again test the market by virtue of his contract’s opt-out clause or if he’ll opt into the remaining four years and $88.7MM remaining on his deal at that time. If Upton remains on the payroll, that would mean the Tigers already have a staggering total of roughly $122.175MM committed to five players in 2018, $105.175MM committed to four players in 2019 and $78.175MM committed to three players in 2020. Adding a guaranteed salary for Martinez onto those seasons could put the team in a precarious situation years down the line. If Upton does opt out and sign elsewhere, it becomes easier to envision adding a significant annual salary for Martinez.

Martinez wouldn’t comment on how the Upton signing impacted his chances at landing the long-term deal he seeks, only telling Iott how excited he was to add a bat like Upton’s to their already-impressive lineup. He did, however, tell Iott that he doesn’t want to negotiate an extension during the season, which effectively sets an Opening Day deadline for the two sides to hammer out a long-term pact.

Cardinals Sign Carlos Peguero To Minors Deal

By | at

The Cardinals announced on Friday that they have signed outfielder Carlos Peguero to a minor league contract (via MLB.com’s Jenifer Langosch, on Twitter). The Proformance client will receive an invitation to Major League Spring Training.

Peguero, 29 next month, split the 2015 season between the Rangers and Red Sox organizations, seeing action in 30 games with Texas. Peguero batted just .186 in his 84 plate appearances with the Rangers, but he also posted a .310 on-base percentage and slugged .414 thanks to the fact that eight of his 13 hits went for extra bases (four doubles, four homers). Peguero is a legitimate power threat, as evidenced by his career .276/.345/.528 batting line at Triple-A. He belted 30 homers in the minors as recently as 2014 and hit a combined 25 between the Majors and Triple-A last season. Making consistent contact, however, is an issue for Peguero, who has punched out in 39.5 percent of his Major League plate appearances and has a 31.7 percent strikeout rate in parts of five Triple-A seasons.

Duquette: O’s Unlikely To Surrender Draft Pick For Free Agent

By | at

The Orioles have been connected to free-agent right-hander Yovani Gallardo for much of the winter, but general manager Dan Duquette said today in an appearance on MLB Network Radio that the team’s preference is to retain its first-round pick — the No. 14 overall selection (links to Twitter). Asked by Jim Bowden about Gallardo, specifically, Duquette replied, “The question for us is ’Are we willing to give up our first-round pick?’ and so far that answer has been no.” Speaking more generally about free agents tied to draft pick compensation, Duquette said, “I think we’re going to hang onto that pick.”

Plans can, of course, change in the event that the asking price of Gallardo comes down, but Duquette’s comments would be a blow to Gallardo’s market, as the right-hander hasn’t been connected to a large number of teams of late. The Orioles and Astros have been the two most frequently mentioned club’s in connection to Gallardo, although his representatives will reportedly meet with the Rockies soon. The Blue Jays have also at least checked in on Gallardo, although there’s no indication that their interest extends beyond due diligence at this point.

Duquette’s comments would also rule out Dexter Fowler, and while the switch-hitter hasn’t been concretely linked to Baltimore, he did appear to be a speculative fit in the outfield (as Jeff Todd and I discussed on yesterday’s MLBTR Podcast). Ian Desmond and Howie Kendrick are the other two remaining free agents that rejected qualifying offers, although neither has a clear fit on the Baltimore roster anyway, due to the presence of J.J. Hardy and Jonathan Schoop.

Furthermore, Bowden adds (links to Twitter) that Duquette confirmed some interest in Doug Fister but said the Orioles are not in the mix for free-agent lefty Cliff Lee. “Fister is interesting, bounceback candidate,” said Duquette. “I can’t say we’ve made an offer, but we’ve been monitoring his market.” Fister is said to be eyeing a two-year deal worth a total of $22MM, but the Orioles are said to be uninterested at that price. As for Lee, he’s looking for a one-year deal this season if he pitches at all; his agent recently told MLB Network Radio that Lee would need a “perfect fit” in order to make a comeback attempt, though it’s not clear exactly what would constitute that fit.

Mets, Cespedes Discussing Three-Year Deal With Opt-Out Clause

By | at

While the Nationals are said to have made a five-year contract offer to Yoenis Cespedes, ESPN’s Buster Olney reports that the Mets are now discussing a three-year contract which would include an opt-out provision after the first year of the deal (Twitter link). Olney also tweets that the expectation among some involved in the discussions is that Cespedes will make a decision within 24 to 48 hours.

A three-year deal with an opt-out next winter would represent somewhat of a compromise between the two sides, as the Mets have long been said to have interest in Cespedes, but only on a short-term deal. FOX’s Ken Rosenthal wrote last night that Cespedes prefers to return to New York, although the team’s previously reported maximum contract length of three years was well shy of the division-rival Nationals’ reported five-year pact. Adding an opt-out provision to the three-year scenario for the Mets, however, would allow Cespedes the opportunity to test the open market again next winter while giving him some financial security should things head south in 2016 (either due to injury or poor performance). A three-year deal with an opt-out after 2016 would, in some ways, be a modernized form of the traditional one-year “pillow contract” — a concept I explored two weeks ago in the MLBTR Newsletter and discussed at length on last week’s MLBTR Podcast with Jeff Todd.

Specific parameters on the three-year/opt-out scenario being discussed have yet to be reported (perhaps because they’re not yet set in stone), but rejecting a five-year offer worth around $100MM (and possibly a bit more) would certainly be a risky play for Cespedes, who is already coming off a career year in which he batted .291/.328/.542 with 35 home runs. Next winter, he’d be entering his age-31 season, which could potentially limit a team’s willingness to commit to him on a long-term deal, as they’d be receiving less of his prime than they would by signing him this offseason. Cespedes and his representatives have to assume that he would be subject to a qualifying offer next offseason as well — another potentially detrimental component with which he did not have to contend this offseason. Then again, next winter’s free-agent class is considerably worse than the crop of free agents we saw in 2015-16, and if Cespedes approaches his 2015 numbers, he’d be one of the top two or three free agents available.

Suffice it to say, Cespedes and his agents have a number of factors to consider when determining which scenario is in his best interest. It also remains possible, albeit perhaps unlikely, that a dark-horse team will emerge and give Cespedes a stronger offer than the one he’s currently received from the Nationals. The Orioles were previously said to have interest in Cespedes on a five-year deal, although that was prior to the team’s signing of Chris Davis. The White Sox and Braves have both been connected to Cespedes as well, albeit on shorter-term deals (which, presumably, did not include opt-out clauses such as the one the Mets are now said to be considering).

Wilin Rosario Signs With KBO’s Hanwha Eagles

By | at

Free-agent catcher/first baseman Wilin Rosario has signed with the Hanwha Eagles of the Korea Baseball Organization, tweets Jee-ho Yoo of Korea’s Yonhap News Agency. The Team One Management client will earn $1.3MM with the Eagles, per Yoo, who notes in a full column that the Eagles have announced the signing. Rosario’s winter league team had previously tweeted that he was expected to sign with a Korean team, though no details as to which team were included at the time.

Rosario, who will turn 27 late next month, saw a significantly reduced role with Colorado in his final year with the team. After belting 49 home runs across his first two full seasons in the league, questions about his glove seemingly cut his role with the Rockies. Rosario batted .277/.311/.484 from 2012-14, but he saw just 242 plate appearances in Colorado last season, nearly all of which came at first base. Rosario caught only two games last year due to perceived defensive deficiencies. While Rosario has thrown out a solid 28 percent of attempted base-stealers against him in his Major League career, he caught just 16 percent in 2014 and rated near the bottom of the league in terms of pitch-framing metrics in 2013 and 2014.

Defensive question marks notwithstanding, it’s still somewhat surprising to see Rosario’s bat land overseas. As a hitter with plenty of pop in his bat and in the midst of his prime-aged years, however, it’s easy enough to envision Rosario thriving in the hitter-friendly KBO. He’ll join former Rockies teammate and fellow Dominican Republic native Esmil Rogers on the Eagles’ roster in Korea.

Free Agent Notes: Gallardo, Indians, Nationals, Webb, Fister, Bell

By and | at

As the Rockies search for upgrades to their rotation and bullpen, the team is now considering a run at right-hander Yovani Gallardo, tweets Jon Heyman. SB Nation’s Chris Cotillo tweets that the two sides haven’t had any extensive discussions yet but are expected to meet in the near future. Asked about the reports linking his team to Gallardo, Rockies GM Jeff Bridich downplayed the interest on MLB Network Radio (Twitter link), saying: “I’m not sure where that came from. It’s no different than checking in on just about everybody.” Many expect the Rockies to address their rotation, although the common belief is that they’ll do so by trading from their outfield surplus. There’s enough uncertainty in the current rotation that Colorado could do both, though, and it’s worth noting that the team’s first-round pick is protected by virtue of its finish in the 2016 standings. Then again, convincing any free-agent pitcher to spend a considerable amount of time calling Coors Field his home park is a difficult task.

A few more odds and ends pertaining to the remaining free agent market…

  • The Indians are still open to adding a free agent at the right price, tweets Ken Rosenthal of FOX Sports. Both Juan Uribe and David Freese are potential fits, but there’s no momentum toward a deal at this time. Cleveland could certainly use a bat at either third base or in the outfield though, as Jeff Todd and I discussed on today’s MLBTR Podcast. (Specifically, Austin Jackson strikes me as a nice speculative fit for Cleveland.)
  • Regardless of what happens with Yoenis Cespedes, the Nationals do not appear to be done trying for improvements, as Heyman tweets that the club is still looking to add to the bullpen. Moving Drew Storen for Ben Revere obviously lessened the team’s relief depth, and it’s not hard to see the rationale for continuing to stockpile (if not also to add another late-inning arm).
  • The Rays are among the teams with interest in righty Ryan Webb, according to Marc Topkin of the Tampa Bay Times (via Twitter). Webb, who’ll soon turn 30, had an odd transactional year as the Orioles and Dodgers used his contract to facilitate other moves. But he ended up putting up 50 2/3 solid frames for the Indians, working to a 3.20 ERA with 5.5 K/9 and 2.1 BB/9 to go with an excellent 59.2% groundball rate, and he’s generally been quite a solid reliever over his seven-year career.
  • While there’s some merit to the idea of Doug Fister as a Yankees target, the club does not appear inclined to go past one year on a deal, Jack Curry of the YES Network tweets. Notably, too, owner Hal Steinbrenner told Jon Heyman yesterday (Twitter link) that he doesn’t see much room to add even this year: “I’m not comfortable with the payroll being too much higher than it is now.”
  • Cuban outfielder Alexei Bell has established residency in Mexico and is applying tomorrow for free agency, MLB.com’s Jesse Sanchez reports on Twitter. It’s not yet clear what kind of market the veteran will find for his services, but he is obviously leaving his home island in hopes of making an impact at the major league level.

Nationals Make Five-Year Offer To Yoenis Cespedes; Mets Won’t Go Beyond Three

By and | at

10:23pm: Rosenthal says that Cespedes prefers to stay with the Mets, who are scheduled to speak with his representatives tomorrow, but is wrestling with the fact that the team is refusing even to begin negotiating dollars until Cespedes agrees to their three-year concept. It’s also still possible that other teams are participating in talks on Cespedes, says Rosenthal, though certainly all the recent public reporting has painted the picture of a two-horse race.

Given that New York is set to meet again with Cespedes’s agents, it certainly seems that the organization still has a chance to bring back their three-month star.

4:08pm: The Nationals are indeed offering five years, Ken Rosenthal of FOX Sports notes (Twitter links). Meanwhile, the Mets are standing at three years. It remains unclear to what extent any other clubs are still involved in the bidding, Rosenthal adds.

The Mets have no interest in moving past three years, say Newsday’s Marc Carig and David Lennon, and the team has not actually even reached the point of making a formal offer.

1:25pm: The Nationals are “pressing” to complete a deal with outfielder Yoenis Cespedes, reports Jon Heyman (links to Twitter). The Nats are believed to be willing to offer about $100MM over a five-year term (“maybe a bit more,” Heyman adds) with some deferrals — a tactic they used in structuring Max Scherzer’s seven-year deal last winter. Heyman characterizes the talks between the two sides as serious.

Cespedes is an imperfect fit for the Nationals, who already have a crowded outfield scene (as Jeff Todd and I discussed at greater length on today’s MLBTR Podcast). Washington currently has Jayson Werth in left field, NL MVP Bryce Harper in right field and Ben Revere and Michael A. Taylor as options in center field. However, the Nationals have shown in the past that they’re willing to add talent even without a clear fit, as was evidenced by last year’s signing of Scherzer despite an already excellent rotation. Even this offseason, the Nats have pursued Jason Heyward and Justin Upton, and they signed both Daniel Murphy and Stephen Drew even though one could argue that the team already had sufficient middle infield depth.

Ultimately, Cespedes is the type of player that would serve as an upgrade to any roster in the Majors, and Washington may feel that his current market is at a point where they can’t pass on adding a player of this caliber to its roster. Ken Rosenthal of FOX Sports first reported that the Nats had made an offer to Cespedes last night, though he noted at the time that the offer was short of the contract that Upton landed with the Tigers.

MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

hide arrows scroll to top