Masahiro Tanaka Rumors: Thursday

We'll keep track of the day's updates on Masahiro Tanaka right here:

  • ESPN's Jayson Stark tweets that it was amazing how many owners at the quarterly owners meetings in Arizona were convinced that the Cubs were preparing to blow away the rest of the field with their offer to sign Tanaka.

Earlier Updates

  • The Angels are telling other clubs that they are "not seriously involved" in Tanaka negotiations, tweets ESPN.com's Buster Olney.
  • The Cubs are "pushing hard" for Tanaka, reports FOX Sports' Ken Rosenthal on Twitter. The Angels "remain involved" on the 25-year-old righty, says Rosenthal, along with other teams that have been prominently linked to the Japanese ace (such as the Yankees and Dodgers).
  • We have heard previously that the Cubs were prepared to make a major offer to Tanaka. Indeed, as club president Theo Epstein has said previously, he "wish[es] there was a free agent market for young players." Tanaka is about as close as things get to such a market.
  • The involvement of the two Chicago organizations in the Tanaka sweepstakes is an indication of his broad market appeal. (The White Sox are one of a few teams confirmed to have met with Tanaka, though some cold water has since been thrown on their interest.) Both clubs have substantial resources, but neither has qualified for the postseason since 2008 and neither looks primed to break up that trend in 2014. Nevertheless, both teams have made substantial free agent commitments over the last two years to relatively youthful players (Edwin Jackson for the Cubs and Jose Dariel Abreu for the White Sox).

Cubs Sign Chris Coghlan

The Cubs have signed Chris Coghlan to a minor league deal with an invitation to Spring Training, according to Joel Sherman of the New York Post (on Twitter). Coghlan, a Scott Boras client, will earn $800K if he makes the Major League roster and has another $250K of incentives built into his contract, Sherman reports. Coghlan can also opt out of his deal on June 15 if he is not in the Major Leagues at that time.

Coghlan, 28, was the National League Rookie of the Year with the Marlins back in 2009 when he batted .321/.390/.460 with nine homers and eight stolen bases in 565 plate appearances. The outfielder has struggled to replicate that success, however, as he's slumped to a .242/.307/.352 line in the four seasons that have followed. He was slightly better than that in 2013, batting .256/.318/.354 in 214 PAs. Though he has 809 innings in center field in his career, defensive metrics aren't kind to Coghlan at any outfield position.

Coghlan will join an outfield mix in Chicago that currently includes Nate Schierholtz, Justin Ruggiano, Junior Lake, Ryan Sweeney and Brett Jackson, with top prospects such as Jorge Soler, Albert Almora and potentially Kris Bryant (if he is unable to stick at third base) looming on the horizon.

Cubs Notes: Samardzija, Tanaka, Santana, Jimenez

Here's the latest on the Cubs from CSN Chicago's Patrick Mooney

  • Jeff Samardzija and the Cubs are still far apart on a contract extension, "though there’s mutual respect on both sides and hope they can eventually find common ground."  Samardzija's name has surfaced in several trade rumors this offseason but Mooney reports that the Cubs now plan to keep the righty until closer to the July 31 trade deadline.  This would theoretically improve the quality of trade offers, such as how the Cubs scored a nice package of prospects from the Rangers last summer in exchange for Matt Garza.
  • The Cubs are prepared to give Masahiro Tanaka a nine-figure contract, a source tells Mooney.  The Cubs have long been considered a major suitor for the Japanese right-hander, with one MLB source telling Mooney's CSN colleague David Kaplan last month that the Cubs wouldn't be outbid for Tanaka's services.  That said, Mooney hears from several baseball officials that the bidding will get "silly" and another team will offer Tanaka a longer-term and more expensive deal.
  • If they can't sign Tanaka, the Cubs aren't interested in pursuing Ervin Santana, Ubaldo Jimenez or Garza.  The Cubs would have to surrender their second-round draft pick and corresponding draft pool money as compensation for signing either Santana or Jimenez. 
  • Santana "is the kind of buy-high pitcher the Cubs are trying to avoid now," Mooney writes.  The Cubs did explore trading for Santana last winter when the righty was coming off a tough season with the Angels, and Santana ended up reviving his career with a good 2013 campaign with the Royals.

Masahiro Tanaka Rumors: Thursday

With the courting of Japanese starter Masahiro Tanaka now firmly underway, here is the latest on the top remaining free agent (in the estimation of MLBTR's Tim Dierkes):

  • Tanaka is in Los Angeles not only to meet with clubs, but to undergo a physical, reports Steve Dilbeck of the Los Angeles Times. Tanaka will have his physical on Thursday and release the results to interested clubs. With a sizeable workload already under Tanaka's belt at age 25, says Dilbeck, agent Casey Close may be looking to get out in front of any health concerns.
  • After Dodgers GM Ned Colletti said yesterday that discussions were in the "feeling-out" stage, president Stan Kasten further discussed the team's interest in Tanaka today in an interview with Mark Willard and Ben Lyons of ESPNLA 710, writes Mark Saxon of ESPNLosAngeles.com"You can be assured we'll investigate everything and, if there's a way that it made sense, I'm sure we would consider it," said Kasten. "But I wouldn't predict it, I wouldn't hang our hat on it, because I think the team we have right now in place is ready to go to spring training, ready to start the season and ready to compete and win."
  • Diamondbacks GM Kevin Towers also discussed Tanaka from his club's perspective, indicating to Nick Piecoro of the Arizona Republic that he anticipates a chance to meet with Tanaka and his camp. "They've been good through the process," Towers said in reference to Tanaka and Close. "I'm sure they've dealt with us the same way they've dealt with other clubs." Towers also addressed the issue of whether Arizona could compete with other teams that may have greater financial flexibility. "We don't know if it's about dollars or location or the chance to be competitive," said Towers. "Nobody has really met with him so I don't think any of us have any idea. … If they come out and say it's going to be the club that spends the most money on him, then we're probably not the front-runner. But everything right now is pure speculation by the media." The D-Backs' top baseball man declined to disclose his sales pitch, but did say that his organization has "spent a great deal of time putting together what our plan of attack is and what our selling points are."
  • The White Sox have issued a statement confirming that club representatives met with Tanaka and his camp today, Scott Merkin of MLB.com was among those to report (through a series of Twitter links). GM Rick Hahn was joined by executive VP Ken Williams and manager Robin Ventura for a meeting that was, in Hahn's words, "exploratory in nature."
  • Meanwhile, the Red Sox have been in touch with Close, GM Ben Cherington told WEEI.com in a radio interview today. As WEEI.com's Alex Speier tweets, Cherington said that "we'll see how it plays out" as to whether the club ultimately meets with Tanaka and company.
  • The details of the negotation process could have a major role in where Tanaka ultimately ends up, Ken Rosenthal of FOX Sports explores in a series of tweets. For instance, the Diamondbacks have a scout who played with Tanaka in Japan, while Angels executive Hal Morris played ball with Close in college. While such advantages may be minor, Rosenthal says that clubs are looking for any edge.
  • The precise structure of the deal could also be highly variable, says Rosenthal, and may well include creative contract terms. Rosenthal cites Close's utilization of an opt-out clause in the Zack Greinke deal, and proposal to include a similar clause in a Clayton Kershaw extension. An opt-out clause or even a massive AAV over a shorter term would not be surprising, according to Rosenthal.

Earlier Updates

  • Tanaka arrived in the United States to begin meeting with Major League clubs, tweets David Waldstein of the New York Times. Tanaka was originally planning on flying into Chicago, but an NL official tells Waldstein that weather caused him to fly into Los Angeles instead.
  • Jon Heyman of CBS Sports reports that Tanaka's camp could meet with as many as a dozen by Friday. According to Heyman, the Dodgers, Cubs, and Yankees (in addition to the above-noted Angels, White Sox, and Diamondbacks) all have meetings set. The Blue Jays have also had multiple conversations with Tanaka's camp already, he adds, but it's unclear if they have a face-to-face meeting set in Los Angeles. Heyman reports that Tanaka began meetings yesterday and could meet with five to six teams per day.
  • We also learned additional details on the payment schedule for the posting fee that will be owed by whatever team ultimately lands Tanaka.

Jeff Todd contributed to this post.

 

Latest On Masahiro Tanaka

Free agent starters have largely been held up by Masahiro Tanaka, but Ubaldo Jimenez hasn't let them hurt his asking price.  Want to sign the right-hander?  It'll still cost you $14MM annually.  While we wait to see how that plays out, here's the latest on the Japanese sensation..

  • Braves president John Schuerholz says that he's not in on Tanaka but that his club did their "due diligence" on him, tweets Jim Bowden of SiriusXM.
  • The Angels may be a long shot to land Tanaka, but history shows us that they shouldn't be counted out, writes Alden Gonzalez of MLB.com.  Some would argue that it doesn't make sense for the Halos to spend big.  On the other hand, Gonzalez writes that this is as good a time as any to splurge, because Tanaka is a free agent at a relatively young age, has more upside than any other available pitcher, won't cost a Draft pick, and the Angels badly need high-upside starting pitching.
  • Tanaka will meet with the Cubs and White Sox this week, likely in Chicago, tweets Luke Stuckmeyer of CSNChicago.com.

NL Central Notes: Pirates, Samardzija, Morgan, Cards

The Pirates have earned the No. 1 spot atop the organization talent rankings in the 2014 edition of the Baseball America Prospect Handbook (Baseball America's J.J. Cooper has the details).  The Bucs' strong 2013 draft and their multitude of quality prospects throughout the farm system contributed to the ranking, BA editor John Manuel explained to Travis Sawchik of the Pittsburgh Tribune-Review.  “They have several players we felt would contend to be No. 1 in a lot of different organizations,” Manuel said. “They have several players who fit the profile to be starters on championship-caliber teams. They have more of those than other teams.”

Here's some more from around the NL Central…

  • Jeff Samardzija believes he'd be unlikely to sign an extension with a new team following a trade from the Cubs, the right-hander tells CSN Chicago's Patrick Mooney.  “The odds are very slim that I would," Samardzija said.  "For any professional player two years out of free agency, the odds they sign a deal are pretty slim (in that situation)."  Samardzija said his feelings could change if he's actually in that situation, but he tells Mooney that his preference would be to stay with the Cubs.  Click here for an earlier portion of Mooney's pre-Christmas interview with Samardzija.
  • The Reds aren't one of the six-to-eight teams who have shown interest in Nyjer Morgan, MLB.com's Mark Sheldon reports.  Morgan enjoyed a big 2013 season with the Yokohama Bay Stars and is weighing offers from both MLB and Japanese clubs.
  • The Cardinals seemingly have pitching to spare, but Bernie Miklasz of the St. Louis Post-Dispatch points out that the club's arms have thrown a lot of extra high-pressure innings over the last few seasons due to the Cardinals' deep playoff runs.  "This is why I have no problem with GM John Mozeliak's obvious desire to hoard pitching. You just never know when you're going to need arms to come to the rescue," Miklasz writes.
  • The Cardinals plan to expand their scouting and development operations within Japan and Cuba over the next year, Mozeliak tells Derrick Goold of the St. Louis Post-Dispatch.
  • In other NL Central news from earlier today, the Pirates signed Chris Dickerson to a minor league deal, the Cardinals claimed Rafael Ortega off waivers from the Rangers, Brewers GM Doug Melvin commented on his team's lack of free agent moves, Reds GM Walt Jocketty discussed the difficulties of signing Homer Bailey to an extension.

Rosenthal on Angels, Qualifying Offers, Drew, Jays, Putz

The Angels are likely to eclipse the $189MM luxury-tax threshold eventually, despite their efforts to avoid doing so this offseason, Fox Sports' Ken Rosenthal writes. Sources tell the columnist that the Angels have between $13MM and $15MM of space left beneath the cap, figures that are much lower than what will be required to sign Masahiro Tanaka. However, extending Mike Trout at, say, $300MM over 10 years would make it difficult to avoid surpassing the threshold anyway, so the Angels may as well do so now, Rosenthal surmises. Here's more from his new column:

  • This offseason's big contracts for less-than-durable stars like Jacoby EllsburyCurtis Granderson and Brian McCann show that position players can earn more as free agents than they would with club-friendly, long-term deals. Meanwhile, clubs appear increasingly willing to move players who resist extensions. For example, sources tell Rosenthal that rival teams have asked about Astros catcher Jason Castro, who could be moved if Houston is unable to ink him long-term.
  • Qualifying offers appear to have suppressed the market for players such as Nelson Cruz and Kendrys Morales, frustrating player representatives. Potential fixes to the system include guaranteeing that free agents receive a qualifying offer only once, or ensuring that teams signing free agents who received qualifying offers lose only draft picks and not their associated bonus-pool amounts. The current system will remain in place for another two offseasons, Rosenthal notes.
  • Stephen Drew appears to be a fit for the Mets, rival executives say, despite the club's insistence that it will consider Ruben Tejada for its starting shortstop job.
  • The Blue Jays remain among the favorites to sign either Ervin Santana or Ubaldo Jimenez, despite their quiet offseason thus far. The Jays could acquire as many as two starters before the offseason is over, Rosenthal reports. In addition to upgrading through free agency, the club has also discussed trades for the Cubs' Jeff Samardzija and other starters.
  • The Diamondbacks could trade J.J. Putz after acquiring Addison Reed from the White Sox. Swapping the righty for Yankees outfielder Ichiro Suzuki is one potential deal, or Putz could be packaged with other players in a deal for a starter such as Yovani Gallardo of the Brewers.

NL West Notes: D’Backs, Tanaka, Hanley, Giants

The Diamondbacks consider Masahiro Tanaka to be their "No. 1 target" and are serious suitors for the Japanese ace, FOX Sports' Ken Rosenthal reports.  Had Arizona not acquired Mark Trumbo, the Snakes were open to spending the $140MM that agent Scott Boras said it would've taken to sign Shin-Soo Choo, and Rosenthal notes that D'Backs management could instead invest that money (the $20MM posting fee and a $120MM contract) towards landing Tanaka.  The D'Backs could have an extra source for information on Tanaka in the form of scout Rick Short, who played with Tanaka from 2007-09 on the Rakuten Golden Eagles.

You can click here for some Tanaka news from earlier today, and here are some more items from around the NL West…

  • Also from Rosenthal's piece, Arizona could be more motivated to sign an ace like Tanaka in free agency since they found the Cubs' and Rays' respective asking prices for Jeff Samardzija and David Price to be too high, Rosenthal notes, not to mention the fact that Price will become more expensive in his final two arbitration-eligible seasons.  The D'Backs rate Tanaka higher than other free agent arms like Matt Garza, Ubaldo Jimenez or Ervin Santana.
  • Hanley Ramirez and the Dodgers have reportedly been discussing an extension this offseason and ESPN Los Angeles' Mark Saxon looks at some of the factors involved in giving Ramirez a major new deal.
  • In a Giants-related mailbag, MLB.com's Chris Haft argues that the Giants should've given Brett Pill more time to prove himself rather than give those at-bats to Jeff Francoeur last summer.  Pill's rights were recently sold to the KIA Tigers of the Korean Baseball Organization and his deal with the club was just finalized today.  As Haft writes, "the sense here is that the Giants jettisoned Pill without fully discovering what they had in him."
  • Buster Posey is just one season into his multiyear extension with the Giants and he's still owed $157MM over the next eight seasons.  While it's far too early to place a verdict on this contract, Grant Brisbee of the McCovey Chronicles argues that the Giants may have saved money by locking Posey up last March as opposed to this offseason, as San Francisco might've had to offer their star catcher a nine- or even a ten-year deal in the $200MM threshold.

Cafardo On Tanaka, Jimenez, Cruz, Lackey, Ichiro

In this week's column, Nick Cafardo of the Boston Globe writes that the Orioles owe it to their fans to take a shot at a championship by bolstering the roster.  The O's moved Jim Johnson to save on his expected $10MM salary for 2014 but the nixing of Grant Balfour's deal leaves them without a proven closer.  The Orioles, with a few fixes, could be exciting and fun to watch, but they need more if they want to win it all.  More from this week's column..

  • Cafardo cautions not to sleep on the Red Sox in the Masahiro Tanaka hunt and one AL scout says it’s the perfect time for the Red Sox to strike. “They have veteran pitchers in the final year or two years remaining on their deals,” he said. “They’ll be clearing out a lot of payroll soon. I know they feel they have good young pitching on the horizon, but Tanaka should be a very good No. 2 or No. 3 starter on any staff. I would think with their emphasis on pitching, they would get into it.” The Yankees, Cubs, Rangers, and Dodgers figure to be the most aggressive and the Angels, Phillies, Royals, and Blue Jays are expected to get into it.
  • Will the Red Sox's experience with Daisuke Matsuzaka scare them off of Tanaka?  “I don’t think that can enter their thinking. I’m sure they would have gone after Yu Darvish in retrospect,” said one National League GM.
  • Cafardo recently spoke with a few GMs who feel the Yankees may wind up with Ubaldo Jimenez, even if they land Tanaka.  “He had an excellent second half, has great stuff, and he has the type of personality that would fit New York,” one GM said. “He doesn’t let things get to him. He’s good at shrugging off things and turning the page.”  If the Yankees ink both pitchers, it's pretty difficult to see them staying under the $189MM mark.
  • Nelson Cruz is the best available free agent among position players, but his demand of four years at $75MM has turned off teams.  While other PED guys such as Jhonny Peralta have cashed in, teams are worried that Cruz, who more relies on his power is of greater concern for teams who worry that being off the stuff could hurt his power numbers.
  • John Lackey’s name has come up consistently this winter, but the Red Sox aren’t motivated to deal him.  That could change, but the club is enthused about his $500K option for 2015.
  • It'll be interesting to see if the Yankees can move Ichiro Suzuki given their crowded outfield.  The Giants remain a possibility, Cafardo writes.
  • The Dodgers could still trade from their outfield surplus.  When it comes to Matt Kemp, of course, teams want to see how he rebounds from shoulder and ankle surgeries.
  • With Brian McCann aboard and Francisco Cervelli as backup, Yankees catcher Austin Romine is very much available.  
  • Johan Santana is getting closer to making a decision on a minor league deal with a team. There’s been some speculation about the Twins since Santana still resides in Fort Myers, Fla., where the Twins have spring training.  A small-market team such as the Astros could also have some interest.

Cubs Sign Jose Veras

The Cubs caught lightning in a bottle with a revitalized Kevin Gregg for much of the 2013 season, but they'll have a more consistent option in place next season in the form of Jose Veras. Chicago officially announced the signing of Veras to a one-year deal with a club option for the 2015 season today. The Praver/Shapiro client will reportedly earn $3.85MM and has a $150K buyout on a $5.5MM option, making a total guarantee of $4MM. Veras, who will serve as Chicago's closer, can also earn $750K worth of incentives based on games finished.

Veras

The 33-year-old posted a 3.02 ERA with 8.6 K/9 and 3.2 BB/9 with a 41.8 percent ground-ball rate in 62 2/3 innings between the Astros and Tigers, collecting a career-high 21 saves along the way.  The right-hander drew interest from multiple clubs this offseason including the Rockies and Astros.

Veras spent the first four months of the season as Houston's closer before being shipped to the Tigers in July for outfield prospect Danry Vasquez and a player to be named later who turned out to be right-hander David Paulino.  Detroit turned down a $4MM option on the veteran, but he would up getting the same guaranteed money out of the Cubs, plus a $150K buyout from Detroit, $750K of incentives from Chicago and a chance at a healthy raise in 2015.

Though Gregg served as Chicago's closer for much of the season, the team relied on a number of late-inning options that did not fare well. Carlos Marmol struggled once again, Shawn Camp was unable to replicate his 2012 magic and found himself released and Japanese acquisition Kyuji Fujikawa wound up requiring Tommy John surgery after just 12 innings with the Cubs. Veras will join Pedro Strop, James Russell, Blake Parker, Wesley Wright and presumably Carlos Villanueva in the Cubs' bullpen. Other internal options include Arodys VizcainoHector Rondon, Brooks Raley and Justin Grimm. Fujikawa should return at some point this season as well.

The Astros were said to be pushing hard to get Veras back in the organization and the fondness seemed mutual.  "It feels like family there," Veras said of Houston.  "It’s a young team and they’re hungry to win. I feel part of the team. I doesn’t mater to me if we won or lose. When you play as a team and everybody cares, that’s the best part for me."  Alas, Veras will be moving on to a new club, his eighth team in the past six seasons.

Enrique Rojas of ESPNDeportes.com first reported the $4MM guarantee and the $5.5MM club option (via Twitter). Jon Heyman of CBSSports.com reported Veras' exact 2014 salary, the additional incentives and his 2015 buyout. Heyman also reported that Veras will serve as Chicago's closer (All Twitter links).

Steve Adams contributed to this post. Photo courtesy of USA Today Sports Images.

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