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Cubs Sign Drew Smyly

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8:46pm: The contract breaks down as a $3MM salary for Smyly in 2018, then $7MM in 2019, according to Mark Gonzales of the Chicago Tribune (via Twitter).  The latter season contains $6MM in incentives based on Smyly being a starter, with the other bonuses coming if he works as a reliever.

8:01pm: The Cubs have signed left-hander Drew Smyly to a two-year deal, the team announced.  Financial terms weren’t released, though The Athletic’s Ken Rosenthal reports that Smyly will earn $10MM in guaranteed money, with more than $7MM also available in incentives.  Smyly is represented by Frontline.

Smyly underwent Tommy John surgery last June, and is probably unlikely to pitch in 2018 given the procedure’s usual 12-15 month recovery timeframe.  This led the Mariners to non-tender Smyly rather than pay the southpaw a projected $6.85MM arbitration salary in 2018.  Smyly was entering his final year of arb-eligibility, so this deal with the Cubs will also cover his first free agent season.

The two-year commitment represents a lottery ticket for Chicago, who have the resources to take a flier on a still-promising 28-year-old in the hopes that Smyly can be healthy and ready to contribute in 2019.  Cubs manager Joe Maddon and pitching coach Jim Hickey are familiar faces for Smyly from his time with the Rays from 2014-16.

Smyly has a 3.74 ERA, 8.7 K/9 and 3.43 K/BB rate over 570 1/3 career innings with the Tigers and Rays.  He came to Tampa as part of the blockbuster deal that sent David Price to Detroit at the 2014 trade deadline, and Smyly was also involved in a notable trade last January, going to Seattle for a three-player package that included Mallex Smith.  Unfortunately for the M’s, Smyly ended up never throwing a pitch in their uniform, as he battled elbow problems all season long before finally succumbing to the TJ surgery.

Cubs Sign Brandon Morrow

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TODAY: The Cubs have officially announced the signing.

SUNDAY: The Cubs have reportedly agreed to a contract with free agent reliever Brandon Morrow, pending physical. Morrow, a Wasserman client, will be guaranteed two years and $21MM if the contract is finalized. He’ll earn $9MM apiece in each season along with a $3MM buyout or a $12MM vesting option for the 2020 season.

Chicago had a clear need in the late-inning mix, as the team has cut ties with Hector Rondon and has not (at least to this point) re-signed any of Wade Davis, Brian Duensing or Koji Uehara. Those four were among the relievers Chicago relied on the most last season, leaving the club in clear need of bullpen help to complement top holdovers Carl Edwards Jr., Pedro Strop, Mike Montgomery and Justin Wilson. Consequently, in addition to Morrow, the Cubs are likely to acquire one other late-inning reliever, per Ken Rosenthal of The Athletic (Twitter link).

Brandon Morrow [RELATED: Updated Cubs Depth Chart]

The 33-year-old Morrow will provide a significant boost to the Cubs’ relief corps if last season is any indication. In his first full campaign as a reliever, the former Mariners, Blue Jays and Padres starter put past shoulder issues behind him to toss 43 2/3 innings with the National League-winning Dodgers and pitch to a 2.06 ERA, also notching 10.31 K/9 against 1.85 BB/9 and a 45 percent groundball rate. Moreover, the right-hander finished third among relievers with 40-plus innings in infield fly rate (20.6 percent) and 18th in swinging-strike percentage (16.0).

Statistically, the hard-throwing Morrow wasn’t quite as successful during the Dodgers’ run to the World Series as he was in the regular season, yielding six earned runs in 13 2/3 innings, but four of those came in one disastrous appearance in Game 5 of the Fall Classic. He was highly effective otherwise – including when he held the Cubs scoreless over 4 2/3, one-hit, seven-strikeout innings in the National League Championship Series – and became the second hurler in major league history to pitch all seven games of the World Series.

Morrow’s workload in last season’s playoffs, in which the Dodgers deployed him in an eye-popping 14 of 15 games, and injury history stand out as obvious concerns, but his 2017 dominance nonetheless has him in position to secure a lucrative contract. That’s quite a change from a year ago when Morrow had to settle for a minor league pact in late January.

Bruce Levine of 670thescore.com first reported the sides were headed toward agreement (Twitter link). Jeff Passan of Yahoo Sports tweeted details on the deal structure, with Jon Heyman of Fan Rag tweeting financial parameters. Ken Rosenthal of The Athletic reported the full deal structure.

Photo courtesy of USA Today Sports Images.

Cubs Notes: Machado, Pitching, Chatwood

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Some items from Wrigleyville…

  • The Cubs aren’t one of the teams that have shown early interest in trading for Manny Machado, ESPN.com’s Jerry Crasnick reports (via Twitter).  Kris Bryant is obviously locked in at third base, though with Machado reportedly looking to return to shortstop, there’s at least some room to imagine Machado playing at the Friendly Confines if the Cubs were willing to move Addison Russell.  Trading significant assets for just one year of Machado (who is a free agent after 2018) doesn’t seem to fit the Cubs’ long-term plans, however, especially since the team has already moved several other young prospects in other trades over the last two years.
  • Cubs GM Jed Hoyer believes his team will add at least one more pitcher before the Winter Meetings are over, ESPN.com’s Jesse Rogers reports.  Chicago has been linked to a wide array of starters and relievers this offseason, with Tyler Chatwood and Brandon Morrow already joining the roster.
  • Speaking of Chatwood, the Baseball Writers Association Of America is considering making him ineligible for NL Cy Young Award voting due to a clause in his contract, Gordon Wittenmyer of the Chicago Sun-Times reports.  If Chatwood receive even one vote for the Cy Young Award in either 2018 or 2019, his 2020 salary will rise from $13MM to $15MM; a single Cy Young vote in both seasons will boost Chatwood’s 2020 figure to $17MM.  This creates a conflict of interest for writers covering Chatwood, and the BBWAA, the league and the players’ union had an unspoken agreement that such clauses would no longer be used in player contracts.  The last such contract to include such a clause was Curt Schilling’s deal with the Red Sox in 2007, which was overseen by then-Red Sox GM and now Cubs president of baseball ops Theo Epstein.

Position Player Rumblings: Padres, Moose, Walker, Napoli, Cards, D-Backs

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The Padres could play a major role in the market over the next few days, Jeff Passan of Yahoo Sports writes on Twitter. Indeed, the organization has already made one interesting move today. San Diego is looking around for a controllable shortstop and could conceivably match up with the Cubs, Passan suggests. (From an outside perspective, it seems ace reliever Brad Hand would be the most likely Padres piece to pique Chicago’s interest, but that’s just speculation.) Also, the team’s interest in free agent first baseman Eric Hosmer is seemingly increasingly serious. Jon Heyman of Fan Rag tweets that the Friars are “strongly in [the] mix” for Hosmer, while Passan says the sides have gained “traction” in discussions.

Here’s more from the position-player side of the market:

  • At this point, at least, the Braves are not engaged on the market for third baseman Mike Moustakas, according to Jim Bowden of MLB Network Radio (via Twitter). Atlanta does have interest in improving at the hot corner, but it seems that new GM Alex Anthopoulos is not all that intrigued by the powerful but OBP-challenged Moustakas. Of course, there’s still time for the market to develop.
  • Free agent second baseman Neil Walker is still looking for a four-year deal, according to Heyman (via Twitter). That seems like a lofty ask, though, for a 32-year-old player on a market full of possibilities at second. Walker has been a steady producer, to be sure, and finished with a strong .267/.409/.433 run with the Brewers, but with so many other options out there it seems more likely he’ll end up settling for a two or three-year guarantee.
  • The Mets have some interest in free agent Mike Napoli, per the New York Post’s Joel Sherman. Indeed, the club’s new skipper, Mickey Callaway, has reached out to Napoli to discuss the possibility. (The two share a connection from the Indians.) Presumably, Napoli would share time with Dominic Smith at first base, with the organization arranging a natural platoon pairing and then allowing things to play out based upon performance.
  • As the Cardinals continue to seek ways to upgrade after missing on Giancarlo Stanton, they have been scanning the market for alternatives. The team’s preference, Derrick Goold of the St. Louis Post-Dispatch writes, is to “turn two of their excess outfielders into one newcomer.” That would seemingly represent a fairly clean way to improve the roster, though of course it will likely also require a rather particular trade partner. It is not difficult to imagine such a team also wishing to receive a sweetener in exchange for giving up a premium asset for volume. There are plenty more details and quotes from the Cards front office in the post.
  • The Diamondbacks have been contacted by other organizations about the availability of their middle infielders, per Ken Rosenthal of The Athletic (via Twitter). Arizona certainly has quite some volume of MLB-level options up the middle, though it’s also not entirely clear at this point just which players (if any) have firmly secured places in the club’s long-term plans. It’s possible that market demand could help dictate the decisonmaking process, too, as the organization seeks ways to navigate a tricky payroll situation. Though none of the team’s top middle infielders are very costly, that very feature might allow the D-Backs to bring back equally affordable pieces that meet needs or perhaps structure a package deal to shed other salary. Chris Owings ($3.8MM arb projection) has only two years of control left, while Nick Ahmed ($1.1MM) has three and Daniel Descalso will hit the open market after earning $2MM in 2018. Ketel Marte and Brandon Drury are still shy of arbitration.

Pitching Market Rumblings: Brewers, Rays, Duffy, Nicasio, Arrieta

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Starting pitching is in the news this morning, with several notable names being discussed. But there are a whole lot of other moving pieces out there. Let’s run down the latest chatter on the pitching market:

  • The Brewers have chatted with the Rays about their potential rotation trade pieces, according to Tom Haudricourt of the Milwaukee Journal-Sentinel (via Twitter), who cautions that there’s no indication to this point that “any traction was made.” It’s not immediately clear which Tampa Bay hurlers have piqued the interest of the Milwaukee front office, though surely they’d have the trade pieces necessary to swing a deal for just about anyone. Chris Archer remains the big name to watch, though we don’t yet know whether he’s truly available. The Brewers could conceivably have interest in other pitchers, too, including veteran Jake Odorizzi, but it’s all speculation at this stage.
  • Meanwhile, the Brewers are said to have interest in righty Jesse Chavez, Haudricourt also tweets. We heard yesterday the veteran swingman was likely to find a new home this week.
  • Veteran closer Fernando Rodney has met with the Rangers and Twins, per MLB.com’s TR Sullivan (via Twitter) and Mike Berardino of the St. Paul Pioneer-Press (via Twitter). It’s not clear at this point how serious the interest is, though Rodney might conceivably be an option for either club, both of which have largely unsettled ninth-inning plans.
  • Another interesting possibility on the rotation market is Royals lefty Danny Duffy. He has drawn interest from the Cubs, per Robert Murray of Fan Rag. Indeed, K.C. has been contacted by rivals on Duffy and a few other notably interesting assets, MLB.com’s Jeffrey Flanagan tweets. It’s entirely unclear at this point what kinds of scenarios might be pondered on Duffy, but the Royals will surely want a significant return for a player they only recently extended. His contract runs through 2021 and promises him $60MM. While a DUI arrest and elbow surgery introduce some uncertainty into the situation, from a pure on-field perspective Duffy remains a valuable asset as he nears his 29th birthday.
  • The Mets are among the organizations with interest in free agent righty Juan Nicasio, according to Tyler Kepner of the New York Times (via Twitter). The 31-year-old pitched quite well throughout 2017, both before and after an odd series of August transactions. He ended the year with a 2.61 ERA over 72 1/3 innings, with 9.0 K/9 and 2.5 BB/9.
  • We’ve heard some possibility that the Nationals could have interest in free agent righty Jake Arrieta, and ESPN.com’s Jerry Crasnick tweets that agent Scott Boras is working to sell that potential fit to the team’s ownership. Then again, Chelsea Janes of the Washington Post characterizes the Nationals’ interest as “tepid” in a tweet. The division-rival Phillies are reportedly also a possibility, along with several other teams, as we covered this morning. Given that the Nats have an opening in their rotation, it isn’t at all surprising to hear that Boras is pushing for it to be filled by Arrieta; after all, his connection to the organization’s ownership is quite well-established by this point. Of course, adding yet another high-priced starter would carry some pretty notable risk for the organization, so it stands to reason that the club will explore other possibilities before deciding whether to join the pursuit of the 31-year-old Arrieta. Crasnick also takes a broader look at Arrieta’s still-developing market, including an extensive examination of Boras’s marketing strategy.
  • While there is action at the top of the pitching market, the Blue Jays seem to be taking a patient approach, as Ben Nicholson-Smith of Sportsnet.ca writes. While GM Ross Atkins says there’s a lack of depth in the rotation market, he also has indicated no interest in pushing hard to strike a deal. It seems the organization’s inclination remains to seek value in bolstering the rotation depth.
  • For the Diamondbacks, meanwhile, the team may at least be preparing to consider deals involving some fairly surprising players. Nick Piecoro of the Arizona Republic runs down the team’s options for trade candidates who might free up some payroll space and enable the team to achieve future value. At the top of the list are center fielder A.J. Pollock and lefty Patrick Corbin. Meanwhile, the D-Backs are certainly still looking to field a competitor in the near term as well. They are one team with some level of interest in reliever Seung-Hwan Oh, according to Murray. Oh was not able to match his compelling MLB debut season in 2017, but still posted 8.2 K/9 against 2.0 BB/9 while carrying a 4.10 ERA over 59 1/3 innings.

Cubs Notes: Epstein, Davis, Bullpen, Schwarber, Arrieta, Ohtani, Stanton

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Cubs president of baseball operations Theo Epstein met with reporters (including The Athletic’s Sahadev Sharma) on Monday to discuss a number of hot stove-related subjects.  The highlights…

  • Epstein alluded to the team’s agreement with Brandon Morrow without officially making a confirmation, saying the Cubs were “pretty close” to the signing.  The pitcher in question was described as someone the Cubs would be “comfortable” using as a closer, though “he’s the type of team player that would be willing to take any role depending on what the rest of the team looks like.”
  • In that vein, the Cubs could acquire a more established closer, and a reunion with Wade Davis is still a possibility.  Epstein said he planned to meet with Davis’ agent either during the Winter Meetings or just after.  Gordon Wittenmyer of the Chicago Sun-Times tweeted earlier today that the Cubs were open to bringing Davis back if an “affordable” deal could be worked out.  MLBTR predicted Davis for a four-year, $60MM free agent contract this winter, which might fall outside of the Cubs’ comfort zone if they can land a less-pricey arm to further reinforce their bullpen.
  • Sharma reports that free agents Bryan Shaw, Anthony Swarzak, and Jake McGee are also on the Cubs’ radar as they continue their wide-ranging search for bullpen help.
  • Epstein downplayed any Kyle Schwarber trade rumors, saying that “he’s always been someone that teams have had an interest in, I guess.  But we have probably the most interest.”  Reports from earlier this week identified the Red Sox as a team interested in the young slugger.
  • The Cubs will stay in touch with Scott Boras about Jake Arrieta in case there’s any path to the free agent righty returning to Wrigley Field.  It has been widely assumed that Arrieta would be signing elsewhere this winter, as the Cubs have already signed Tyler Chatwood to join Kyle Hendricks, Jon Lester, and Jose Quintana in the rotation, and have been heavily linked to Alex Cobb.  Still, given the number of other teams pursuing Cobb, it makes sense that Chicago would remain open to Arrieta, even if his price tag would be significantly higher.
  • Of course, the Cubs almost made another big rotation splash as they were one of the seven finalists for Shohei Ohtani’s services.  Epstein was proud of his team’s presentation to Ohtani and came away impressed by how the Japanese star handled himself in meetings with Cubs officials.  Even getting into the final seven was an accomplishment in Epstein’s eyes, as the Cubs were neither a West Coast team or an AL team that could offer Ohtani DH at-bats.
  • Chicago was also one of the four teams Giancarlo Stanton would’ve waived his no-trade clause to join, though it doesn’t seem talks got very far between the Cubs and Marlins before Stanton was dealt to the Yankees.  “There wasn’t much interaction given the makeup of our roster, our future payroll commitments and some plans that we have,” Epstein said.  “Great player and great opportunity, but not necessarily the right one for us at the time.”

Cubs Made Offer To Luke Gregerson

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Before agreeing to a deal with the Cardinals, Luke Gregerson also received an offer from the Cubs, Derrick Goold of the St. Louis Post-Dispatch reports.  Chicago has already landed Brandon Morrow and has been aggressively looking at several other relief options this winter, so it isn’t surprising that Gregerson was yet another name on their list of targets.  The Cardinals are also continuing to scour the reliever market, though Goold reports that they didn’t have interest in veteran Pat Neshek, who has agreed to a new deal with the Phillies.

Chris Archer Drawing Plenty Of Interest

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Rays right-hander Chris Archer is drawing widespread interest early in the Winter Meetings, Marc Topkin of the Tampa Bay Times reports. The Braves, Brewers, Twins, Cardinals and Cubs are some of the teams eyeing Archer, according to Topkin.

Given that Archer’s one of the most valuable trade chips in the game, his popularity around the majors isn’t a surprise. He’d surely bring back a significant haul in a deal, thereby helping the Rays improve an already strong farm system, but it’s unclear whether he’ll be among the veterans the payroll-cutting club parts with this offseason. If the long-struggling Rays opt for a rebuild, which they may have to strongly consider in the wake of the division-rival Yankees’ acquisition of Giancarlo Stanton, it could indeed bring about the end of the 29-year-old Archer’s tenure in Tampa Bay.

Archer has been with the Rays since they acquired him from the Cubs – who, as mentioned, seem to want him back – in a 2011 trade centering on righty Matt Garza. He turned into a front-line starter in 2013, his first full major league season, and has pitched to a 3.63 ERA/3.46 FIP combination with 9.72 K/9 against 2.94 BB/9 in 967 career innings. Archer’s a workhorse, too, having made no fewer than 32 starts four years in a row.

Archer’s now fresh off his third straight 200-inning season, in which he racked up 201 frames with an ERA (4.07) that doesn’t do justice to his performance. After all, the flamethrowing Archer finished behind only Chris Sale, Robbie Ray and the reigning Cy Young winners – Max Scherzer and Corey Kluber – in K/9 (11.15). He also walked a respectable 2.69 batters per nine and placed seventh among starters in swinging-strike rate (13.4 percent).

Archer’s track record on the mound is clearly enticing, and the fact that his contract is among the league’s most team-friendly pacts significantly adds to his value. He’s controllable for the next four years for $34MM, including club options for 2020 and ’21. If the Rays do make an earnest bid to move him, then, it’s likely to spark a bidding war.

Cardinals, Rockies “Aggressively Pursuing” Alex Colome; Mets Also Have Interest

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9:49am: The Mets and possibly also the Cubs are engaged on Colome, Marc Topkin of the Tampa Bay Times reports on Twitter. Unsurprisingly, it seems most teams with clear late-inning needs appear to have shown at least some level of interest in the youthful, controllable hurler.

6:56am: The Cardinals and Rockies have their sights firmly set on Alex Colome. Bob Nightengale of USA Today Sports reports that both teams are “aggressively pursuing” the Rays closer.

Though the Cardinals signed Luke Gregerson to a one-year pact only yesterday, it seems they’re not done adding to a bullpen that saw former closer Trevor Rosenthal tear the UCL in his throwing elbow this past season and then watched Zach Duke, Juan Nicasio and Seung-Hwan Oh depart in free agency. Earlier this offseason, Jeff Todd mentioned Alex Colome as a potential trade target when he examined the Cardinals’ search for a closer. Notably, the Rays have room for improvement in left field, whereas the Cardinals have an abundance of young outfield talent.

The Rockies have plenty of young players to offer as well, though their strength comes mostly in the form of starters. They are, of course, looking to replace closer Greg Holland. Holland signed a one-year pact with Colorado last offseason and had a strong bounce back season, saving 41 games for the Rockies. Ultimately, he rejected both his player option and a qualifying offer, leaving Colorado with a hole to fill in the back end of their bullpen.

Colome will enter the 2018 season at the age of 29. He’s spent his entire career with the Rays, and though he came up as a starter, he transitioned to a relief role during the 2015 season. Early in the 2016 season, Colome took over as Tampa Bay’s closer and has been solid for them ever since. The right-hander led all of baseball with 47 saves last season, and sports a 2.64 ERA to go with a 48.4% ground ball rate and 9.43 K/9 since taking over the closer role. Colome projects to earn $5.5MM in arbitration this year, and comes with two more years of team control beyond that.

Cubs Among Teams Pursuing Alex Cobb

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SUNDAY: Along with the Cubs, count the Rangers, Yankees, Blue Jays and Orioles among teams interested in Cobb, according to FanRag’s Jon Heyman (Twitter link).

SATURDAY: The Cubs added right-hander Tyler Chatwood on a three-year, $38MM guarantee this week, but another sizable investment for their rotation could be on the way. With the Winter Meetings nearing, they’re making a “strong push” to sign free agent righty Alex Cobb, Bruce Levine of CBS Chicago reports. Their hope is to reach a deal with Cobb prior to Monday, which would enable them to turn their focus elsewhere during the meetings and prevent other suitors from aggressively pursuing the 30-year-old.

Cobb going to the North Side of Chicago has frequently come up as a possibility since last season ended, in part because of his connection to multiple members of the Cubs’ coaching staff. He played under manager Joe Maddon in Tampa Bay from 2011-14 and was under the tutelage of pitching coach Jim Hickey with the Rays through last season. Hickey, whom the Cubs hired in October, has been Cobb’s sole pitching coach since he debuted in 2011. Cobb spoke glowingly of those two last month and said he’d be “very honored” to sign with the Cubs.

While Cobb would be a risky signing, having undergone two serious procedures (thoracic outlet syndrome surgery in 2011 and Tommy John surgery in 2015) during his career, he’s still poised to land one of the richest contracts on the open market this winter. Across 700 major league innings, including a career-high 179 1/3 last season, Cobb has pitched to a 3.50 ERA with 7.33 K/9, 2.62 BB/9 and a 54 percent groundball rate. Some of his numbers took a dip in 2017 (6.42 K/9, 47.8 percent grounder rate) – his first full year back from Tommy John surgery – though his velocity looked normal and he managed a quality 3.66 ERA/4.16 FIP, also recording a career-best walk rate (2.21 per nine).

Along with guaranteeing a notable sum to Cobb, who rejected the Rays’ $17.4MM qualifying offer, the Cubs would have to surrender their second-highest draft pick in 2018 (No. 63 overall) and $500K in international bonus pool space to sign him. But that prospect clearly isn’t scaring off the Cubs, who will collect compensation if their own qualified free agents (starter Jake Arrieta and closer Wade Davis) depart. The Cubs are still interested in retaining those two, per Levine, but picking up Cobb would give them five capable starters (Kyle Hendricks, Jon Lester, Jose Quintana and Chatwood are the others) and seemingly lessen the chances for an Arrieta re-up.

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