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Latest On Stephen Drew

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Here's the latest on free-agent shortstop Stephen Drew, courtesy of CBS Sports' Jon Heyman:

  • The Mets offered Drew a salary in the neighborhood of $9.5MM, the same amount Drew made last year, but Drew rejected it. The Mets remain the team with the most need for Drew's talents.
  • The Red Sox have not made a new offer to Drew since Ryan Dempster decided to take 2014 off and forfeit his $13.25MM salary for the year.
  • The Pirates have "spoken about Drew," but are currently more concerned with finding an upgrade at first base. They currently have youngster Jordy Mercer penciled in at shortstop, and would have to sacrifice the No. 24 overall pick in the draft to sign Drew.
  • The Blue Jays could look to Drew for help at second base.
  • Heyman also notes that the qualifying offer, which has dramatically reduced the market for Drew, Kendrys Morales, Nelson Cruz and other free agents, also has mostly helped big-payroll teams, as the Yankees and Red Sox have extended nearly half of all qualifying offers.

Lucchino On Selig, Ortiz, Lester, Yanks, Free Agents

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Red Sox CEO Larry Lucchino spoke with reporters in Fort Myers, Fla. today and covered a number of topics, one of them being the impending retirement of commissioner Bud Selig. USA Today's Bob Nightengale reports that Lucchino "challenges the premise" that Selig is 100 percent certain to retire following the season. Lucchino says he is one of multiple executives who will pressure Selig to stay in office beyond January 2015. Nightengale quotes Lucchino: "He knows that [the] pressures for him to stay will be so great, that he will have to accede to them." (All Twitter links)

More from the CEO of the reigning World Series champions…

  • Lucchino confirmed that the club has met with David Ortiz's camp since the beginning of Spring Training to discuss a potential extension, writes Tim Britton of the Providence Journal. Lucchino called Ortiz "one of the most important faces in baseball" and said the club was going to give Big Papi's extension "the priority it deserves." He praised Ortiz for his leadership not only among teammates but also in the Boston community.
  • Also from Britton's piece, Lucchino called Jon Lester's comments about taking a discount to stay with the Red Sox "one of the highlights of the offseason" and noted that a Lester extension is something Red Sox brass will address in Spring Training as well.
  • WEEI.com's Alex Speier writes that Lucchino cringes when people lump the Red Sox and Yankees together, calling the two teams "very different animals." Lucchino points out that even though the Red Sox invested heavily in last offseason's free agent market, they only went to three guaranteed years on one deal (Shane Victorino), where the Yankees went to three-plus years four times this offseason alone. "They are still, this year at least, relying heavily on their inimitable old-fashioned Yankees style of high-priced, long-term free agents," he told reporters.
  • Also within Speier's article, Lucchino does give way to the possibility that the Red Sox could make future splashes of that significance in free agency, however it would be more as an exception to the rule than the start of a trend.

AL East Notes: Jimenez, Machado, Ortiz, Sox, Soriano

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Ubaldo Jimenez was introduced today by the Orioles, saying that he is looking forward to putting the "nightmare" of past inconsistency in the rearview mirror. Executive VP Dan Duqutte said that Jimenez was attractive to Baltimore because "he's been a proven, solid, dependable pitcher," and explained that he saw potential for new pitching coach Dave Wallace to help Jimenez maintain his form from the second half of last year. MLB.com's Britt Ghiroli has a full transcript from the presser.

Here's more from the AL East:

  • Orioles young star Manny Machado is scheduled for a key visit with his doctor in the middle of March which could determine when he'll be ready to suit up, reports Bob Nightengale of USA Today (via Twitter). If he is cleared to play at that point, the hope is that Machado would be prepared for game action within the first few weeks of the season.
  • Machado tells ESPN's Jayson Stark that being ready for Opening Day is last on his list of priorities: "That’s at the bottom of my list. It’s not even on my list, to be honest," says Machado. Instead, Machado and the Orioles are focused on making sure he's 100 percent when he takes the field. Says Machado: "When I’m ready, I’m going to be ready. And everybody’s going to know it. And that’s when I’m going to be out there with the team, whether it’s Opening Day or sometime in April."
  • Red Sox DH David Ortiz and agent Fern Cuza met with club oficials today — including representatives from the ownership group — to discuss his contract status, reports WEEI.com's Alex Speier. 
  • Ortiz has not been shy about discussing his contract situation publicly, and the team has likewise consistently indicated a willingness to talk. Speier breaks things down from a baseball perspective, arguing that Ortiz has in fact expressed a willingness to give his team a legitimate discount. The notion of adding another year to his current contract at about the same annual rate ($15MM) is valuable, says Speier, because it keeps him off of an open market that could well pay him more. Though he is aging, Ortiz's bat has shown little sign of slowing, and he would surely draw real interest from a power-sapped free agent market. Even if the slugger takes a step back, says Speier, Boston's payroll situation makes the downside scenario a reasonable risk to bear.
  • As for those payroll considerations, Red Sox principal owner John Henry said yesterday that the luxury tax may not be a firm line for the club going forward, as Tim Britton of the Providence Journal reports. Though the club has "learned from" its experiences with major deals in the past, Henry said that the team is always looking for ways to leverage its "big-revenue" capabilities. Though he was somewhat unclear as to his reasoning, Henry said that "there's some reason to believe that [staying under the luxury threshold] may not be as important as we thought a couple years ago."
  • Yankees outfielder Alfonso Soriano is considering retiring after the season, reports George A. King III of the New York Post. The 38-year-old said it will all come down to whether he feels healthy, but acknowledged the possibility that he could join teammate Derek Jeter in making this his last go-round. Soriano, who produced a .255/.302/.489 line with 34 home runs and 18 stolen bases in 626 plate appearances last year, will be playing out the final year of the eight-year, $136MM deal he signed with the Cubs back in November of 2006.

Steve Adams contributed to this post.

Red Sox Likely To Sign Chris Capuano

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The Red Sox are likely to sign free agent hurler Chris Capuano, with a deal potentially announced later today or tomorrow, tweets Nick Cafardo of the Boston Globe. GM Ben Cherington said today that the team "may be close to bringing another pitcher to camp," Alex Speier of WEEI.com reports on Twitter.

Reports of Boston's interest in the 35-year-old southpaw arose on Tuesday, after it was announced that Ryan Dempster would sit out the season. Capuano struggled with injuries late last year, and ultimately ended up finishing his tenure with the Dodgers spending time throwing from the pen. That probably suits the Sox just fine, however, as the team is said to be interested in adding a swingman who can contribute innings in either capacity.

Capuano has worked from the rotation over much of his career, making 209 starts out of 238 total appearances. Across the last two years with Los Angeles, he logged a cumulative 3.91 ERA in 304 innings, with 7.2 K/9 against 2.3 BB/9.

AL East Links: Markakis, Sternberg, Blue Jays, Ortiz

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For the last year or two, Nick Markakis has been vocal about how important it would be to spend his entire career with one organization, and the outfielder tells Peter Schmuck of the Baltimore Sun how he hopes his contract year will help carry the Orioles to a championship and, potentially, convince the team to keep him in the fold.  "In a perfect world, I'd like to [stay here],'' Markakis said. "A lot of people play this game for the wrong reasons. A lot of people play it where the money is. I get a bigger satisfaction being with the same team your whole career….To be able to do that would be a pretty cool experience. It would be something special to me."  The O's have a $17.5MM option on Markakis for 2015 that seems a bit too expensive to exercise even if Markakis does rebound from his career-low numbers last season, though the two sides could work out another multiyear deal.

Here's more from around the AL East…

  • Rays principal owner Stuart Sternberg told reporters (including Marc Topkin of the Tampa Bay Times) that while he didn't plan on having a payroll in the $80MM range for the coming season, the opportunity was there for the Rays to sign Grant Balfour and re-sign James Loney.
  • Sternberg noted that extending a star like David Price is "more difficult now than it was in the past, given the numbers.  There's been inflation.''  That said, Sternberg also "wouldn't say it's likely" that this is Price's last year in Tampa.  "You just can't make decisions like that this far in advance, and we're trying to give the team as big of a chance as we can this year without sacrificing our future as well," Sternberg said.  "There's the opportuniuty of other players, there's the expense that's involved in it, but we're…a little enamored with the possibilities of what we can do, and what he brings."
  • The Blue Jays haven't made many roster moves this winter but GM Alex Anthopoulos tells ESPN's Jayson Stark that he expects the Jays to improve simply by avoiding some of the injuries and misfortune that plagued the club last season.  “Sometimes you sit there and say, ‘We won 74 games, when everything that could possibly go wrong went wrong,’” Anthopoulos said. “So this year, what happens if we just have a little bit of luck?  I can understand the skepticism about our team, absolutely, coming off the year we’re coming off.  But I just don’t think it’s a stretch to expect improvement out of a lot of these guys this year, simply because the floor was so low.”
  • The Blue Jays' second base options project to generate only 0.4 WAR in 2014, Fangraphs' Mike Petriello notes, and he explores a few trade possibilities that could upgrade Toronto at the keystone position.
  • With the Red Sox enjoying huge revenues and big drops in payroll obligations in 2015 and 2016, ESPN Boston's Gordon Edes argues that the time is right to extend David Ortiz.  The slugger's contract negotiations have generated some bad publicity in recent years, so Edes suggests that Ortiz could receive a club option in perpetuity, a la Tim Wakefield's contract with the Sox.
  • Red Sox limited partner Michael Gordon isn't a well-known figure to most fans, but WEEI.com's Alex Speier profiles the man who has quietly become a more influential voice within the team's ownership group over the last few years.

Red Sox Notes: Ortiz, Drew, Cordero

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The latest on the 2013 World Series champs…

  • David Ortiz told John Tomase of the Boston Herald that he's sick of the negative public response when he discusses his desire for a new contract (though he did so with far more colorful language, as Tomase notes). As far as how long he wants to continue his career, Big Papi offered the following: "When you put up numbers like I’m putting up, who’s thinking about retiring, know what I’m saying? People keep on asking me, how long do you want to play? When are you going to retire? Dude, look at my numbers. I ain’t planning on retiring right now. When I slow down, then I’ll retire."
  • Ortiz told WEEI.com's Alex Speier (Twitter link) that if no deal is done prior to his next venture into free agency following this season: "…then we'll be talking about a real contract."
  • Peter Abraham of the Boston Globe outlines many of the reasons that make it logical for the Red Sox to be interested in re-signing Stephen Drew, and then explains why, in spite of those reasons, they should let him walk. Abraham opines that Xander Bogaerts needs to be given a chance to maximize his value at shortstop, that Will Middlebrooks' 2012 and late 2013 flashes of excellence make him worthy of another chance, and that the value of an additional draft pick when Drew signs elsewhere outweigh the benefit of bringing Drew back to Boston.
  • Francisco Cordero had interest from both the Orioles and Marlins, but he chose the Red Sox after admiring their 2013 World Series run while watching at home in the Dominican Republic, Speier writes. Cordero, who says he dropped 30 pounds this offseason, doesn't have an opt-out clause in his deal, but Speier writes that he and the team have an understanding where Cordero will be allowed out of his contract if he's not going to make Boston's roster and has an opportunity with another team. Cordero said he felt like a kid again when he put on his Red Sox jersey and feels that he didn't join a team, he joined a family.

Mariners, Red Sox In Talks With Chris Capuano

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6:20pm: The Red Sox are also talking with Capuano, tweets Ken Rosenthal of FOX Sports. Boston recently learned that rotation option Ryan Dempster would take the year off, reducing the team's depth but also relieving it of the obligation to pay him.

Of course, the Red Sox are likely not in a position to promise Capuano a regular turn in the rotation. As Rosenthal tweets, the team is interested in a "swing type" pitcher that is capable of throwing both as a starter and in relief.

9:19am: MLB Daily Dish's Chris Cotillo tweets that the Marlins and White Sox have also been in touch with Capuano this winter.

7:40am: The Mariners are showing "decent interest" in southpaw Chris Capuano, and talks between the two sides are ongoing, reports Jon Heyman of CBS Sports. Heyman writes that Capuano has been seeking a two-year deal, though it's not clear if that is still his goal or if his price has come down.

Capuano, 35, battled calf and lat injuries in 2013, and he also was relegated to the bullpen for a portion of the season as a result of the Dodgers' starting pitching depth. The result was a total of just 105 2/3 innings — 92 2/3 fewer than he threw in 2012. In his two years with L.A., Capuano posted a 3.91 ERA with 7.2 K/9 and 2.3 BB/9 in 304 innings of work. His 46.4 percent ground-ball rate in 2013 was his best mark since 2003 when he threw just 33 innings, though it wasn't reflected in his ERA due to struggles in stranding baserunners (68.9 percent) and an abnormally high .334 BABIP.

Heyman writes that the Mariners also had discussions with Ubaldo Jimenez prior to his four-year, $50MM deal with the Orioles, and they've been in talks with Ervin Santana as well. However, signing Capuano to augment their rotation instead of Santana would leave additional funds to add another bat, such as Kendrys Morales or Nelson Cruz.

Four Teams Still In On Stephen Drew

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Four teams remain in on free agent shortstop Stephen Drew, tweets Jim Bowden of ESPN.com. Two of those clubs are the oft-rumored Red Sox and Mets, but the other two remain unknown. 

Though several other organizations have been mentioned in the past as hypothetical landing spots, there has not been much in the way of firm reports connecting Drew with alternative destinations. Though Bowden does not indicate the strenght of interest from the two mystery clubs, it bodes well for Drew that his market extends beyond Boston and New York.

Of course, the issue still facing Drew is that none of his apparent suitors appears to have significant urgency to add him, making it difficult to drive up his price. The Mets, for instance, are not willing to pay Drew in the vicinity of the $14.1MM qualifying offer that he already declined, according to a recent report from Mike Puma of the New York Post (via Twitter).

Red Sox Sign Francisco Cordero

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TUESDAY: There's no opt-out clause in Cordero's minor league deal, tweets Peter Abraham of the Boston Globe.

MONDAY: Jon Heyman of CBS Sports tweets that Cordero's base salary upon making the team would be $1MM.

SUNDAY: The Red Sox have signed Francisco Cordero to a minor league deal, according to John Tomase of the Boston Herald (on Twitter).  The former closer last appeared in the majors in 2012 with the Astros.

Cordero underwent surgery to his non-throwing shoulder early in 2013 and was said to be targeting 2014 for his big league return.  The 38-year-old posted a 7.55 ERA, 7.1 K/9, 4.1 BB/9, 2.06 HR/9, and 39.6% groundball rate in 39 1/3 innings for the Blue Jays and Astros in 2012.  He lost the Jays' closer job in May of that year, was traded to Houston in July, and was released by the Astros in September after hitting the DL with a toe injury.  Cordero owns a 3.38 ERA, 8.7 K/9 and 4.1 BB/9 over the course of 824 2/3 career innings.

Reactions To The Ubaldo Jimenez Agreement

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After a quiet offseason for the Orioles, the team pounced in mid-February, officially announcing a three-year deal for righty Suk-min Yoon yesterday but more significantly (from a financial standpoint, at least) agreeing to a four-year, $50MM contract with Ubaldo Jimenez. Baltimore surrendered the No. 17 pick in this year's draft to issue the largest contract for a pitcher in franchise history. Some early reactions and fallout in the wake of the Jimenez pact…

  • Deep down, the Indians never really wanted Jimenez back in Cleveland, writes Paul Hoynes of the Cleveland Plain Dealer. While the team admired Jimenez's work ethic and felt he was a positive presence in the clubhouse, they didn't feel his wild performance swings were worth the trouble. Hoynes points out that it's a bonus that Baltimore landed Jimenez, because their forfeiture of the No. 17 pick allows Cleveland to move from No. 22 overall to the No. 21 overall pick in the first round.
  • ESPN's Keith Law writes that despite the associated risk, the contract is a win for the Orioles (ESPN Insider required and recommended). He feels the $12.5MM annual value can end up being a bargain for a pitcher that at times shows three pitches which grade as a 60 or better on the 20-80 scale. Additionally, it allows Kevin Gausman to work on the consistency of his slider in the minors, which he will need in order to thrive as a Major League starter.
  • Law's colleague Buster Olney reports that the Orioles upped their offer from three to four years under the belief that the Red Sox and Blue Jays were both aggressively pursuing Jimenez. However, his sources indicate that neither club actually made an offer (Insider required). Olney points out some risks, such as Jimenez's struggles in limiting the running game, and he also opines that the O's should be more willing to lose further draft picks by pursuing Nelson Cruz, Kendrys Morales and perhaps even Stephen Drew.
  • MLB.com's Britt Ghiroli runs down what the Jimenez signing means for other pitchers in the organization. Chris Tillman, Wei-Yin Chen and Miguel Gonzalez are locks (health-permitting), she writes, but Yoon, Bud Norris and out-of-options Zach Britton will battle for the fifth slot. Gausman is almost certainly ticketed for the minors, she writes. Ghiroli also reports that manager Buck Showalter said he prefers an everyday DH and that the best deals often happen in late spring, suggesting that someone such as Morales could be a fit after all.
  • The Jimenez signing should help to discredit the feeling that Orioles owner Peter Angelos is not willing to spend to win, writes the Baltimore Sun's Peter Schmuck.
  • The Sun's Eduardo A. Encina writes that the Orioles' recent international signings made it slightly easier for executive vice president Dan Duquette to surrender the No. 17 pick, as he felt the club added some additional high-upside talent with those moves.
  • Jimenez turned his career around by relying less on his fastball and more on his offspeed stuff — most notably his splitter, writes Eno Sarris of Fangraphs. Jimenez entered the 2013 season having thrown his split just three percent of the time over his career but threw it 14 percent of the time in 2013 with a 17 percent swing-and-miss rate, which helped offset his diminished velocity. If that trend continues, the $12.5MM annual value can be a bargain, Sarris concludes.
  • The Orioles and Jimenez have been working on this deal for a long time, but things came together quickly yesterday when Baltimore conceded and added a fourth year, writes MASNsport.com's Roch Kubatko.
  • Joel Sherman of the New York Post tweets that with Jimenez and Matt Garza each landing four-year, $50MM contracts, Ervin Santana's agents now have a great deal of pressure in trying to match that figure. Sherman also spoke to an executive who called Jimenez the "ultimate crapshoot," noting that Baltimore could be getting a star or a bust. That same exec wondered if Jimenez will struggle facing more patient lineups in the AL East (Twitter links).
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