WEDNESDAY: Neshek’s two-year, $16.25MM pact is official, Heyman tweets.
MONDAY, 4:40pm: Nightengale has the details on Neshek’s contract (via Twitter): It’s worth $16.25MM and includes a $4MM signing bonus. He’ll make $5.75MM in both 2018 and 2019, and he’ll collect either $7MM or a $700K buyout in 2020.
4:02pm: Ken Rosenthal of The Athletic tweets that the contract is expected to be worth $16.5MM, and he adds that it’ll include a $500K assignment bonus should the Phillies trade Neshek.
3:57pm: It’ll be a two-year, $16.25MM pact with a club option, Jim Salisbury of NBC Sports Philadelphia reports (Twitter link).
3:20pm: Free agent reliever Pat Neshek has two multiyear offers in the $16MM range in hand and should have a deal in place within the next two days, Jon Heyman of FanRag reports (Twitter link). One of those offers seems to be from the Phillies, as Todd Zolecki of MLB.com tweets that they could announce the signing of Neshek this week. Indeed, Jerry Crasnick of ESPN adds (via Twitter) that the Phillies and Neshek are progressing toward an agreement. Neshek is a client of Meister Sports Management.
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The Phillies are a familiar club for Neshek, who spent the first three-plus months of last season in Philadelphia before the team traded him to Colorado in late July. The 37-year-old Neshek excelled with both teams in 2017 and earned the second All-Star nod of his career thanks to his output with the Phillies. In all, the right-hander tossed 62 1/3 innings of 1.59 ERA, with a similarly minuscule FIP (1.86), and struck out 69 batters while issuing just six walks. While Neshek only managed a 36.4 percent groundball rate, he somewhat offset that with an impressive infield fly percentage (15.5).
Last year was the latest in a long line of successful campaigns for the sidearming Neshek, who has typically been terrific since he debuted with the Twins in 2006. Even though he doesn’t throw particularly hard, Neshek has pitched to a 2.75 ERA/3.50 FIP combination across 445 2/3 innings in Minnesota, San Diego, Oakland, St. Louis, Houston and Philly, also posting 9.03 K/9 against 2.54 BB/9 and limiting home runs despite a low grounder rate (33.2 percent).
The grizzled Neshek will once again serve as the elder statesman in what’s currently a fairly young Phillies bullpen in 2018. Thanks largely to his tremendous half-season production in 2017, an otherwise less-than-stellar Phillies relief corps finished with respectable rankings in ERA (14th) and fWAR (13th).
Photo courtesy of USA Today Sports Images.