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Cubs Sign Jason Hammel

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After a brief stop with the A’s, Jason Hammel is headed back to the Cubs on a two-year deal with a club option for a third season, the team announced. Hammel’s contract is reportedly worth $20MM, and the club option is valued at $10MM.

Hammel will earn an even $9MM in each of the guaranteed years, and his option comes with a $2MM buyout. However, the option becomes mutual if Hammel reaches 200 innings in 2016 or if he is traded.

MLB: Chicago Cubs at Pittsburgh Pirates

Hammel signed a one-year deal with the Cubs last February, then enjoyed a strong half-season in Chicago before heading to Oakland in the Jeff Samardzija deal. Now, the Octagon client will return to the place where he re-launched his career.

Hammel significantly improved his strikeout rate (8.1 K/9, to go with a 3.47 ERA and 2.2 BB/9) in 2014 following a down season with the Orioles, and he pitched 176 1/3 innings, his highest total since 2010. The 32-year-old seems therefore likely to land a much more significant deal this time around than the $6MM he got from the Cubs in 2014. In October, MLBTR’s Jeff Todd predicted Hammel would get three years and $30MM. This offseason, Hammel had been connected to the Marlins, Royals and Astros, along with the Cubs and other teams.

This winter’s market for free agent starting pitching had been at a near-standstill (with A.J. Burnett, who was only interested in signing with the Pirates, being the only significant signee so far), and it appeared that many second-tier free agents might wait for a top pitcher like Jon Lester to sign to see how their own markets would develop. It appears, however, that Hammel and his agent Alan Nero might be on the verge of getting a deal they like anyway.

The Cubs were, of course, widely known to be looking for top pitching this offseason. Signing Hammel would help them stabilize the middle of their rotation, but presumably would not preclude them from continuing to pursue an ace like Lester.

The reported terms make for an attractive price for Chicago. MLBTR’s Jeff Todd predicted before the offseason that Hammel would land a deal matching Scott Feldman’s three-year, $30MM guarantee, noting that Hammel had a better case but more difficult market setting than did Feldman last year. The Cubs appear to have taken advantage of that fact to add Hammel without promising a third year.

For the rest of the supply side of the market, this deal sets a fairly low target. But it also removes a competitor from the field and perhaps keeps more overall money in play, and in that respect the contract should only benefit the large group of mid-tier starters who remain available.

Jon Heyman of CBSSports.com first reported that a deal was near on Twitter. Joel Sherman of the New York Post tweeted that the deal was done. Chris Cotillo of SB Nation (via Twitter), Jon Morosi of FOX Sports (links to Twitter), and Heyman (via Twitter) reported the financial terms.

Photo courtesy of USA Today Sports Images.

NL Central Notes: Lester, McCarthy, Cozart, Reds

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The trust that Jon Lester has in Theo Epstein and Jed Hoyer from their days together in Boston is singled out by Yahoo Sports’ Jeff Passan as the key reason why the lefty chose Wrigley Field as his next home.  Here’s some news from around the NL Central…

  • The Pirates were one of the finalists for Brandon McCarthy, MLB.com’s Tom Singer writes.  The Bucs weren’t known to be connected to McCarthy in the offseason rumor mill, though they fit as a logical contender for his services.  Even with Francisco Liriano and A.J. Burnett signed, Singer thinks the Pirates could still look to add starting pitching, such as re-signing Edinson Volquez.
  • Other teams feel that the Reds will look to trade Zack Cozart now that they’ve acquired Eugenio Suarez, ESPN’s Jayson Stark reports (Twitter link).
  • With Mat Latos and Alfredo Simon respectively traded to the Marlins and Tigers, Reds GM Walt Jocketty told reporters (including MLB.com’s Mark Sheldon) that the team can start to explore other upgrades now that they’ve addressed their payroll concerns.  “We’re in a better position to start looking at some other possibilities to improve our club — the hitter we’re looking for and some bullpen depth,” Jocketty said.  “We’re close to where we need to be, [payroll-wise]. Now we can concentrate on filling some of the needs.”
  • In an Insider-only post, ESPN’s Keith Law looks at the Reds’ two pitching trades and feels the team got more from Detroit than they did from Miami.  Law thinks Suarez is an improvement over Cozart and Jonathon Crawford could potentially be the Reds’ closer of the future.
  • Kyle Lohse and Yovani Gallardo are two of several prominent Brewers entering the last year of their contracts, and MLB.com’s Adam McCalvy opines that the Crew could explore trading the two starters if they think Mike Fiers or Jimmy Nelson can be viable rotation options.

Astros Notes: Drew, Boras, Scherzer, Cubs

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Here’s the latest on the Astros from Evan Drellich of the Houston Chronicle…

  • The Astros met with agent Scott Boras to discuss shortstop Stephen Drew and relief pitching, says a source familiar with the conversation.  Boras confirmed the meeting took place without naming any particular names, saying “We’ve had meetings and talked and we have bullpen guys and the infield and outfield guys, so we’ve had some general conversations.  They’re kind of in a fluid state on their position players, but…we have some guys that may be some fits there.”  This is just my speculation, but it’s possible Houston could’ve been looking into Rafael Soriano or Francisco Rodriguez, Boras’ two most high-profile bullpen clients.
  • Boras said that Takashi Toritani is drawing interest from MLB teams mostly as a second baseman rather than his natural shortstop position.  As Drellich notes, this would seem to eliminate the Astros from contention since Jose Altuve is already entrenched at second.
  • Unsurprisingly, Drellich’s source said that the Astros’ chat with Boras didn’t involve Max Scherzer.
  • The Cubs showed some interest in Jason Castro earlier this offseason, prior to Chicago’s acquisition of Miguel Montero from the Diamondbacks.

Minor Moves: Morgan, Snodgress, Cubs

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Here are some minor moves from around baseball…

  • Nyjer Morgan has signed a contract with the Hanwha Eagles of the Korean Baseball Organization, as per a report from Naver Sports (hat tip to Dan Kurtz of MyKBO.net).  Morgan played in Japan in 2013 before signing a minor league deal with the Indians last offseason.  He was only able to play in 15 games for the Tribe due to injury, however, and was released in August.
  • The Angels signed left-hander Scott Snodgress to a minor league deal with an invite to Spring Training, SB Nation’s Chris Cotillo reports.  Snodgress was non-tendered by the White Sox last week.  The 25-year-old lefty made his Major League debut in 2014, pitching 2 1/3 innings over four games for Chicago.
  • On Thursday, the Cubs, Red Sox and Athletics will complete some business left over from two trades from last summer, ESPN Chicago’s Jesse Rogers tweets.  The A’s will send a player to be named later to the Cubs to complete the deal that sent Jeff Samardzija and Jason Hammel to Oakland.  The Cubs will then send another PTBNL to the Sox to complete the two clubs’ deal for Felix Doubront.

Rangers Notes: Shields, Reliever, Wood, Rule 5

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James Shields and his representatives met with the Rangers during the Winter Meetings, SB Nation’s Chris Cotillo reports.  Jon Daniels confirmed the meeting with reporters (including T.R. Sullivan of MLB.com) but said that it was largely a case of due diligence and because Shields lived in San Diego.  “We wanted to be prepared if anything changes drastically. We enjoyed it, we like the guy a lot. In other circumstances we would like to have him. It was a function of him living out here so we took advantage of it,” Daniels said.  “We’re not going to be in the top level of free agents. It would take something substantial to change to get involved with those free agents.”

Here’s some more from the Rangers camp…

  • The Rangers are close to an agreement with a free agent reliever, Daniels told reporters (including Jeff Wilson of the Fort Worth Star-Telegram and Evan Grant of the Dallas Morning News).  The pitcher is a “veteran, right-handed, one-inning reliever” who didn’t pitch for Texas last season, and Daniels hopes to have the signing completed by next week.
  • Starting pitching is still the Rangers’ top priority, Daniels said, and while they likely won’t make a splash for someone like Shields, the club is keeping its payroll options open for future moves.  “One of the reasons we haven’t acted on other stuff is that we want to make sure we have resources to act on pitching.  We’ve elected to not spend dollars elsewhere,” Daniels said.
  • In addition to their previously-reported interest in Wade Miley, Jeff Wilson reports that the Rangers have also considered a trade for Cubs lefty Travis Wood.
  • The Rangers are getting a lot of interest in their No. 3 overall pick in tomorrow’s Rule 5 Draft, Wilson tweets.  If Texas does decide to trade the pick, it will be for a player and not for money, Wilson said.

Free Agent Rumors: Furcal, Grilli, Young, Mets

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Free agent infielder Rafael Furcal could be a fit for the Royals on a minor league deal thanks to his connection with GM Dayton Moore, according to Tim Dierkes of MLBTR (via Twitter).  Here are some of the latest free agency rumors out of San Diego..

  • Jason Grilli has multiple offers from teams in major markets but the Tigers are not one of them, his agent tells Anthony Fenech of the Detroit Free Press (on Twitter).
  • The Rangers have interest in Eric Young Jr., but they may have already been outbid, according to Evan Grant of The Dallas Morning News.
  • Mets GM Sandy Alderson says he is considering bidding in the posting of Jung-ho Kang, but he’s unresolved as to whether he will, tweets Adam Rubin of ESPNNewYork.com.
  • The Orioles could be a landing spot for former Rangers pitcher Alexi Ogando, according to T.R. Sullivan of MLB.com (via Twitter).
  • After signing Jon Lester, the Cubs are now pursuing outfielder Jonny Gomes in an apparent effort to get the band back together, according to Bob Nightengale of USA Today (via Twitter).
  • Catcher David Ross tells Nick Cafardo of the Boston Globe (via Twitter) that he’s not close on a deal with any club even though he has interest from the Red Sox, Cubs, Braves, D’Backs, and Padres.

Outfield Trade Notes: Pads, Cubs, Upton, Gattis, Kemp, Trumbo

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There is a fairly lengthy list of right-handed hitting outfield bats being discussed in trade scenarios. Here’s the latest on some members of that group:

  • The Padres and Cubs are “turning up” their efforts to add a right-handed power bat, tweets David O’Brien of the Atlanta Journal-Constitution, who notes that Upton is one elite option on the market. At this point, the possible involvement of the Cubs on more prominent outfield targets remains largely an undercurrent, and O’Brien himself cautions not to read between the lines too much on that possibility.
  • The Cubs are pursuing a power bat capable of playing in left, tweets Jim Bowden of ESPN.com. Chicago has, of course, been tied to Jonny Gomes, but it is not clear if the club might have its eyes on a larger prize.
  • As noted in a separate post, the Orioles have expressed interest in Yoenis Cespedes, though nothing is imminent.

Earlier Updates

  • The Braves continue to get hits on both Justin Upton and Evan Gattis, Joel Sherman of the New York Post tweets. The Giants, Rangers, Royals, and Padres have interest in both players, while the Mariners are only interested in the former.
  • The Royals are indeed interested in Upton and Gattis but remain disinterested in parting with Danny Duffy or Yordano Ventura, Andy McCullough of the Kansas City Star tweets.
  • While the Dodgers and Padres are continuing to discuss a Matt Kemp deal, the sides do not have a direct match, Ken Rosenthal of FOX Sports tweets. The clubs are attempting to involve a third team to make a deal, says Rosenthal.
  • The Diamondbacks are still fielding calls on Mark Trumbo, ESPN.com’s Jerry Crasnick reports on Twitter. It remains to be seen, of course, just how interested Arizona is in moving the slugger. Rival executives feel they are receiving mixed signals on that point, tweets Nick Piecoro of the Arizona Republic.

Starter Rumors: Red Sox Yet To Engage On Hamels, Giants May Be In

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With Jon Lester off the market, we should start to see some dominoes fall.  Here are the latest pitching rumors from around baseball.

  • Talks between the Tigers and Red Sox have yet to gain any traction, tweets Michael Silverman of the Boston Herald.
  • The Red Sox have yet to engage the Phillies on Hamels, Stark reports (Twitter links). It is early, of course, though perhaps it would have been expected that Boston would immediate move to that option. The team is, however, working on several other deals including a previously-rumored swap involving Yoenis Cespedes and Rick Porcello.

Earlier Updates

  • After missing on Lester, the Giants have interest in dealing for Hamels, sources tell Jayson Stark of ESPN.com (via Twitter). Earlier rumors that San Francisco is casting a wide net appear to have been well-founded, as the team has been reported to have at least some involvement in a wide variety of possible additions.
  • The Twins have interest in Kyle Kendrick and have already had a meeting in San Diego, Darren Wolfson of 1500 ESPN tweets.
  • Dillon Gee is the most likely Mets pitcher to go in trade, followed by Jon Niese and Bartolo Colon, according to Jon Heyman of CBSSports.com (via Twitter).  The Rangers aren’t enamored with the Mets’ pitching but the Royals and Twins have been mentioned as possibilities.
  • The Red Sox aren’t currently close on acquiring Cole Hamels from the Phillies, sources tell Ken Rosenthal of FOX Sports (via Twitter).  They could now turn their attention to Diamondbacks pitcher Wade Miley instead and one of five other pitchers that they have their eyes on.  James Shields could also be a free agent option for Boston.
  • Two unnamed owners traveled to the winter meetings to meet with Max Scherzer’s agent Scott Boras, according to Jon Heyman of CBSSports.com.  Scherzer’s market should develop after Lester signed for $155MM over six years, but he’s aiming much higher this winter.  The losers in the Lester derby – the Giants, Red Sox, and Dodgers – could all be candidates for Scherzer with the Giants being the one team in the group certain to take a serious look.

More Reactions To Jon Lester Signing

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We already took a look at one round of reactions to Jon Lester’s deal with the Cubs, but the big lefty’s much-anticipated decision has drawn plenty of thoughts from around the game. Here are some more:

  • Cubs manager Joe Maddon found it impossible to hide his excitement for the still-unannounced addition of Lester, as ESPN.com’s Jayson Stark writes. The reason is clear, says Stark: the move steps up the organization’s image and its timetable for competing.
  • Don’t expect the Cubs to push for contention next year, cautions Rob Neyer of FOX Sports, who writes that the real target probably still remains 2016 and beyond.
  • With the Lester signing, the Cubs are officially ready to try and go to the playoffs, opines Jeff Sullivan of Fangraphs. Sullivan, who feels that the Cubs are a good fit for Lester, looks at how the rest of the offseason might play out now that the left-hander is off the market.
  • The Red Sox simply “blew it” with regard to Lester, ESPN.com’s Buster Olney opines in an Insider piece.
  • As the Red Sox look to alternatives, Alex Speier of WEEI.com breaks down the top replacement options for Lester.

Reactions To And Fallout From The Jon Lester Deal

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Here’s a roundup of reactions from around the web on the Cubs’ $155MM deal with Jon Lester:

  • Adding Lester is huge for the Cubs, but they’re at least one more good starter away from contention, ESPN’s Keith Law writes (Insider-only). Brandon McCarthy would be a good fit, Law suggests, or they could trade young hitting for another starter. Even if the Cubs’ core of young hitting needs another year to develop before the team can contend, though, Lester figures to age well and should still be pitching at a high level in 2016.
  • The Lester deal gives the Cubs more credibility, new manager Joe Maddon told reporters, including MLB.com’s Carrie Muskat. “It definitely makes it more believable to everybody else in that [clubhouse],” Maddon said. “I’ll stand up and make the same speech regardless, but when you have it backed up by that particular kind of presence, it adds to it. … Having people like that in the room definitely helps other guys believe this is possible.”
  • The deal is an awkward one for the Red Sox, tweets Yahoo! Sports’ Jeff Passan. They could have offered Lester far less last spring than their losing bid this time around, and he would have accepted.
  • The Red Sox still have to upgrade their rotation, and their missing out on Lester by $20MM is a bad sign, ESPN Boston’s Gordon Edes writes. It will be hard, Edes writes, for the Red Sox to have a rotation without Lester as good as the one they could have had if they had signed him.
  • Lester becoming a Cub shifts the balance of power in the NL Central, and the New York Post’s Joel Sherman wonders (via Twitter) if it will be what causes the Reds to begin rebuilding.
  • On a related note, Lester’s contract sets the standard for extension talks between the Reds and Johnny Cueto, who is eligible for free agency after 2015, C. Trent Rosecrans of the Cincinnati Enquirer writes. Rosecrans also notes that, with Lester heading to Chicago, the Red Sox figure to be clearly in the market for starting pitching, and there might be a match between the Red Sox and Reds, who could offer Mat Latos or Mike Leake.
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