Royals Decline Option For Joakim Soria

The Royals announced that they've declined their 2013 option for Joakim Soria. The reliever, who missed the entire 2012 season to undergo Tommy John surgery, is now a free agent. He obtains a $750K buyout instead of an $8MM salary.

Soria established himself as an elite reliever in the five seasons preceding 2012. Though he struggled in 2011, his career numbers are excellent — a 3.40 ERA with 9.7 K/9 and 2.5 BB/9 in 298 total appearances. If the Royals had exercised his 2013 option they would have kept the rights to a 2014 option valued at $8.75MM.

Orioles Decline Option For Mark Reynolds

The Orioles have declined their 2013 option for Mark Reynolds, MLB.com's Brittany Ghiroli reports (on Twitter). The infielder obtains a $500K buyout instead of an $11MM salary.

Reynolds remains under team control via the arbitration process. The Orioles have until November 30th to decide whether to tender him a contract for 2013. If the Orioles offer Reynolds arbitration, he'd get approximately $8.9MM in the estimation of MLBTR contributor Matt Swartz.

Reynolds started the 2012 season slowly, but hit 15 home runs after August 1st, finishing with 23 homers and a .221/.335/.429 batting line. The 29-year-old struck out 159 times, but didn't lead the league in strikeouts for the first time since 2007.

The Orioles don't have any option decisions remaining. They exercised Luis Ayala's option earlier this week.

Angels Trying To Move Haren, Santana

The Angels are aggressively trying to trade starters Dan Haren and Ervin Santana, Ken Rosenthal of FOX Sports reports. It’ll be an upset if they don’t complete at least one deal, and one MLB executive expects both right-handers to be moved. The Angels have been weighing possible trades for at least two days now.

The contracts of Haren ($15.5MM option) and Santana ($13MM option) both include options that could appeal to other teams, even though they aren’t particularly appealing to the Angels. The Angels will decline Santana’s option and there’s every indication they’d decline Haren’s, Rosenthal reports. 

Angels GM Jerry Dipoto isn’t the only one discussing possible deals. A number of teams are already engaged in serious trade talks for starting pitchers, according to Rosenthal. Some of the names in play are more appealing than Haren and Santana.

Offseason Outlook: Tampa Bay Rays

The Rays, one of the few teams with pitching to spare, have needs at multiple positions this coming offseason.

Guaranteed Contracts

Arbitration Eligible Players (estimated salaries)

Contract Options

Free Agents

At some point we’ll have to believe Andrew Friedman when he says he doesn’t intend to trade from starting pitching depth. When he said as much a year ago, the rumors continued and the Rays held on to their pitching. Could this offseason be different? James Shields and David Price are becoming more expensive, so this could finally be the year the Rays trade a prominent member of their rotation.

David Price - Rays (PW)

The Rays could address multiple needs by dealing a top-of-the-rotation starter. Their offense ranked 18th in MLB in runs scored, so there’s clearly room for improvement. Still, Friedman has maintained in the past that there’s little use in strengthening one area — such as offense — at the expense of another — in this case pitching.

The Rays were exceptionally good at preventing their opponents from scoring in 2012, allowing the fewest runs in MLB. Their team ERA of 3.19 is even more impressive considering they face designated hitters and play in a division that includes two of the top eight offenses in baseball. The rotation has enough quality arms that Shields or Price could be traded. It'd have to be for the right return though. The Rays haven't always obtained much in trades for starting pitching in the past, once sending Jason Hammel to Colorado for Aneury Rodriguez.

The players themselves are never the only consideration in pro sports, a reality fans of the Rays know better than most. Shields ($10.25MM) and Price (projected arbitration salary of $9.5MM) are making serious money now. Not only could the Rays obtain impact MLB players or prospects for their starters, they could create the payroll flexibility required to address other needs. Any serious offer for Price or Shields will include at least one controllable player with All-Star potential. It could be difficult for the Rays to pass on a trade involving someone like Wil Myers, Jurickson Profar or Mike Olt

Pinning down the Rays’ payroll won’t be easy — it never is. Their expenses have fluctuated considerably in the past five years, all the way up to $72MM and all the way down to $42MM. Assuming the Rays fall somewhere in that range again in 2013, they’ll have one of the lowest payrolls in the game.

This means yet another homegrown player will leave Tampa Bay and sign elsewhere as a free agent this coming offseason. Center fielder B.J. Upton has positioned himself for a multiyear deal worth $10MM-plus per season and priced himself out of Tampa Bay. That much is certain. It’s less clear whether the Rays will make Upton a qualifying offer and set themselves up for draft pick compensation. An offer seems probable, since the Rays could trade Upton in the unlikely event that he accepts.

The Rays didn't get much offense from first base, designated hitter or catcher this past season. Friedman could look to upgrade at any of those positions in the next few months. With Jeff Keppinger and Upton hitting free agency, there are also potential needs at second base and center field. Thanks to the defensive skills of Ben Zobrist, the Rays have exceptional flexibility. They can pursue players at every position but third base. 

Florida native Mike Napoli could be a fit if he's willing to sign a short-term deal. Napoli figures to have multiyear offers, but he might consider a competitive one-year offer to play close to home for a contender. Given the Rays' need for offense at catcher and first base it's worth a shot.

There’s no way the Rays can address each of their needs through free agency, and every other team knows it. They’ll have to consider trades — not just blockbusters but low-profile moves. Could they get an outfielder from the Athletics? An infielder from the Rockies? A catcher from the Blue Jays? A first baseman from the Nationals? The possibilities are just about endless.

The Rays have a medium-sized arbitration class that includes at least three non-tender candidates. Ben Francisco figures to lose his roster spot by the end of November and infielders Sean Rodriguez and Ryan Roberts could also be non-tendered.

Other organizations would view Price as an extension candidate at this stage in his career, but it's extremely hard to envision the Rays paying him market value; it could cost $100MM to sign the left-hander to a six-year deal. It'd be more the Rays' style to pursue extensions for pre-arbitration eligible players such as Desmond Jennings and Jeremy Hellickson. Even if it's uncommon for clients of the Boras Corporation to sign so early in their careers, there's no harm in checking in to see if a long-term deal could work for both sides.

The Tampa Bay front office faces four option decisions, one of which has already been picked up. Shields will be a bargain at $10.25MM. Rodney will be a steal at $2.5MM once the Rays exercise his option. The $1.8MM option for 37-year-old Jose Molina will also be exercisedLuke Scott could return if the Rays believe he's healthy enough to hit for power the way he did in Baltimore. Yet he's 34 years of age and spent considerable time on the disabled list last year, so he doesn't seem like the kind of player the Rays would spend significant money on.

As always, Friedman will have to find relief arms on a budget. The Rays have done impressive work supplementing their ‘pen with low-risk relievers in recent years. Rodney, a revelation in 2012, might be Tampa Bay's most impressive relief acquisition of all. He’ll return along with Jake McGee, Burke Badenhop and Wade Davis. However, Joel Peralta, J.P. Howell and Kyle Farnsworth are hitting free agency. Let the search for affordable relievers begin yet again.

The Rays enter the offseason with more needs than most 90-win teams. Their fantastic pitching staff will require a tune-up. And their below-average offense could use upgrades at a number of positions. It could lead to a lot of turnover, not that that’s anything new for Friedman and the Rays.

Photo courtesy of US Presswire.

Rangers Decline Options For Feldman, Tateyama

5:42pm: Tateyama's 2013 option was worth $1.2MM, according to our own Ben Nicholson-Smith (via Twitter).

4:03pm: The Rangers have declined their 2013 options for Scott Feldman and Yoshinori Tateyama, Jeff Wilson of the Fort Worth Star-Telegram reports. The Rangers reinstated Neftali Feliz from the 60-day disabled list and purchased the contract of Justin Miller in related moves.

Feldman obtains a $600K buyout instead of a $9.25MM salary. The 29-year-old started and relieved for the Rangers this past season, posting a 5.09 ERA with 7.0 K/9 and 2.3 BB/9 in 123 2/3 innings.

The value of Tateyama's option remains unknown, but his 2012 option was valued at $1MM. The 36-year-old allowed 17 earned runs in as many innings this year after a promising debut season. He spent most of the 2012 campaign at Triple-A where he pitched much more effectively.

White Sox Extend Jake Peavy

It didn't take long for Rick Hahn to make his first move as the general manager of the White Sox. Four days after officially introducing Hahn as GM, the team announced a two-year, $29MM contract extension with Jake Peavy. The deal will keep Peavy in Chicago through 2014 and includes an option for 2015.

“Jake Peavy showed again last season why he is capable of being one of the top pitchers in the American League,” Hahn said in a statement released by the team.

Jake Peavy - White Sox (PW)

Peavy gets a $14.5MM salary in 2013 and 2014. The 2015 option becomes a player option if Peavy reaches innings thresholds in 2013 and 2014. Peavy's previous contract included a $22MM club option with a $4MM buyout. Peavy still receives the buyout, according to the team. It will be paid in equal installments from 2016-19.

Peavy, 31, started 32 games this past season — easily his best showing since he pitched for the Padres. In 219 innings Peavy posted a 3.37 ERA with 8.0 K/9 and 2.0 BB/9. He would have been one of the top starters available in free agency if the White Sox had declined his 2013 option without re-signing him.

This marks Rick Hahn's first major deal as Chicago's GM. CAA Sports represents Peavy, who was without representation as recently as a few weeks ago.

Photo courtesy of US Presswire.

Quick Hits: Yankees, Mets, Indians, Ross

With just one day to go before option decisions are due and only a few days remaining before free agents can sign with any team, here are the latest links from around MLB…

Braden, Devine Elect Free Agency

Left-hander Dallas Braden and right-hander Joey Devine elected free agency, the Athletics announced. The pitchers declined outright assignments to Triple-A after being removed from the 40-man roster and clearing outright waivers.

Both Braden and Devine projected as non-tender candidates after missing the 2012 season with injuries. Braden, 29, continued rehabbing from a shoulder operation that took place in May of 2011 before undergoing a second surgery in August to repair his left rotator cuff. He had a projected salary of $3.4MM, but wasn't worth the commitment given rules that prevent teams from cutting the salaries of arbitration eligible players by more than 20%.

Devine missed the entire season to undergo Tommy John surgery, his second such operation. The 29-year-old had a projected salary of $1.1MM.

Heyman On Wright, A’s, Cabrera

The latest from notes and rumors from Jon Heyman of CBSSports.com…

  • The Mets are discussing a long-term deal with David Wright, Heyman reports. They'll exercise the third baseman's $16MM option for 2013 by tomorrow, assuming a larger deal isn't completed by then. The sides appear to have made progress, though some say the negotiations are progressing slowly. It appears the discussions will continue after the option's exercised, Heyman writes.
  • The Athletics are talking to free agent shortstop Stephen Drew about a new contract, Heyman reports. The A's declined their half of Drew's 2013 mutual option yesterday, but assistant general manager David Forst said the team will continue talking to him about a possible deal.
  • Everth Cabrera has hired Scott Boras as his agent, Heyman reports (on Twitter). Cabrera, a former ACES client, will be arbitration eligible for the first time this coming offseason. Be sure to check out MLBTR’s Agency Database for any information about player representatives.
  • The Angels are still talking to teams about possible deals involving Ervin Santana and Dan Haren, Heyman reports. In case you missed it, MLBTR reported today that Santana switched agencies again.

Astros Designate Matt Downs For Assignment

The Astros designated infielder Matt Downs for assignment, Brian McTaggart of MLB.com reports. The Astros originally acquired Downs when they claimed him off of waivers from the Giants in 2010.

Downs played in 91 games for the Astros this past season, appearing at all four infield positions and at both corner outfield positions. He posted a .202/.253/.371 batting line in 191 plate appearances, down from the .276/.347/.518 line he posted in his first full season with the Astros. The 28-year-old bats from the right side and has shown slightly more power against left-handed pitching in his four-year MLB career.