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Rockies Sign Wade Davis

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The Rockies have officially agreed to a contract with free-agent closer Wade Davis, as Jeff Passan of Yahoo Sports first reprted. Davis, a client of Jet Sports Management, receives a three-year, $52MM contract that includes a vesting player option for a fourth season which could take the deal’s value to $66MM over four years. That contract’s $17.33MM annual value is a record among relievers, Passan notes.

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The fourth-year option, worth $15MM, will vest as a player option for the 2021 season if Davis finishes 30 games in 2020. If it does not vest, it’ll instead be a mutual option with a $1MM buyout, per Passan. Joel Sherman of the New York Post reports (via Twitter) that Davis will earn $16MM in 2018, $18MM in 2019 and $17MM in 2020. FanRag’s Jon Heyman tweets that Davis’s deal includes a $1MM assignment bonus if he is traded, adding that he’ll also pick up full no-trade rights after being traded once.

The addition of Davis seems likely to end the Rockies’ pursuit of a reunion with 2017 closer Greg Holland, who declined a $15MM player option and rejected a $17.4MM qualifying offer following the season. Davis, too, rejected a qualifying offer, meaning he’ll cost the Rockies a pick in the 2018 draft.

As a team that benefited from revenue sharing and did not exceed the luxury tax in 2017, the Rockies will forfeit their third-highest selection in next year’s draft. For the Rockies, who have a selection in Competitive Balance Round A, their third-highest pick will be their second-round selection in 2018. The Cubs, meanwhile, will secure a compensatory pick after Competitive Balance Round B. (While Davis’ contract is north of $50MM, the Cubs are a revenue sharing payor, thus disqualifying them for compensation after the first round of the draft.)

[Related: Updated Colorado Rockies depth chart and Rockies payroll outlook]

Colorado has clearly identified the bullpen as an area of focus this offseason, as they’ve now dished out more than $100MM worth of guarantees in the form of Davis’ $52MM and the respective three-year, $27MM deals given to lefty Jake McGee and right-hander Bryan Shaw. That continues the aggressive bullpen spending the team began last winter when signing Mike Dunn and Holland in free agency.

Davis, of course, will capably step into the void left by Holland’s departure and could very well serve as an upgrade. In 58 2/3 innings with the Cubs last year, Davis pitched to a 2.30 ERA with 12.1 K/9, 4.3 BB/9 and a 40.5 percent ground-ball rate while collecting 32 saves. Those excellent run-prevention numbers continued an impressive run of dominance for Davis, who owns a 1.45 ERA in 241 1/3 innings since converting to a reliever on a full-time basis in 2014.

The 2017 season wasn’t without red flags, though. Davis’ 40.5 percent grounder rate marked a significant drop-off from the 48.5 percent clip he posted in 2016, and his 94.3 mph average fastball velocity was his lowest since moving to the bullpen. That velocity drop is all the more troubling when juxtaposed with a 2016 season in which Davis landed on the disabled list with a forearm strain.

There’s risk in any long-term deal for a reliever, though, and the Rockies’ aggressive spending in this market has demonstrated less aversion to those perils than most clubs throughout the league. For a Colorado team that features a very young and largely inexperienced rotation, the stockpiling of quality relief arms will help manager Bud Black to lessen the workload of his young arms by leaning more heavily on a group of experienced late-inning options.

Of course, it’s worth bearing in mind that the three additions won’t necessarily enhance the Rockies’ 2018 unit beyond the one it possessed in the season prior. By the end of the season, the relief corps included Holland, McGee, and midseason trade acquisition Pat Neshek. At a minimum, though, the organization can likely now anticipate that it’ll enter the coming season with a relief group that’s as good or better than its productive ’17 outfit.

Photo courtesy of USA Today Sports Images.

NL West Notes: Hirano, Mitchell, Rockies

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New Diamondbacks reliever Yoshihisa Hirano, who has spent his entire pro career to date with the Orix Buffaloes in Nippon Professional Baseball, addressed the Japanese media following his completion of the contract and spoke about his jump from NPB to MLB (English link via the Kyodo News). Hirano said that the comfort he found using a Major League ball (rather than the slightly different NPB ball) during this year’s World Baseball Classic gave him confidence that he’d be able to pitch in MLB. As he became increasingly aware of MLB scouts attending his outings in Japan, he thought more and more about making the move. “Truthfully, if I hadn’t heard that I might not have been thinking of going,” said Hirano. The 33-year-old righty would relish the opportunity to square off against new Angels star Shohei Ohtani in the batter’s box, and the D-backs and Halos do have four interleague games. The Kyodo report notes that Hirano has faced Ohtani 15 times in Japan, allowing only an infield single.

A few more notes out of the West…

  • Padres GM A.J. Preller tells Jeff Sanders of the San Diego Union-Tribune and Baseball America that he’d had his eye on right-hander Bryan Mitchell for quite some time before finally acquiring him from the Yankees earlier this month. “He’s a guy who our scouting group had talked about a lot the last three years,” says Preller. “He has big fastball velocity, and he’s got a really good breaking pitch in there, too.” Preller goes on to state that the upside with Mitchell was more intriguing to the Friars than most of the free-agent market. Manager Andy Green, meanwhile, notes that the Padres feel they’ll be able to give him a more consistent role (presumably in the rotation), which could help the 26-year-old tap into his potential.
  • MLB.com’s Thomas Harding answers several offseason-focused questions in his latest Rockies Inbox column. In Harding’s estimation, Greg Holland “remains the favorite” to return as the Rockies’ closer in 2018, though he notes there are other options if the Rockies are ultimately outbid. A low-cost look at Adrian Gonzalez doesn’t seem likely with Ryan McMahon on the horizon, per Harding, who also notes that the Rockies remain in contact with Mark Reynolds about a potential reunion, which could further crowd the team’s list of first base options. Harding also opines that a trade of Trevor Story is unlikely, even with Brendan Rodgers looming in the minors, and he looks at the team’s pitching staff for the ’18 season as well.

NL West Notes: A-Gon, Giants, Hamilton, Tomas

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Some notes from around the NL West…

  • The Rockies haven’t been in touch with Adrian Gonzalez, GM Jeff Bridich tells MLB.com’s Thomas Harding.  The just-released veteran could be signed for just a league-minimum salary, as the Braves are on the hook for the remainder of the $21.5MM Gonzalez is owed for the 2018 season.  Gonzalez was still an above-average hitter as recently as 2016, though it remains to be seen how productive or healthy he can be next year after a serious back injury severely limited him last season.  Colorado has been linked to some first basemen this winter, though they also have internal options like rookie Ryan McMahon, who Harding profiles in the piece.
  • The Giants are still in the market for an outfielder and bullpen help, and some in the organization think both needs could be met in one trade, NBC Sports Bay Area’s Alex Pavlovic writes.  The reliever trade market in particular is more appealing to some in the office than signing a bullpen arm.  On the outfield front, the Giants are still talking with the Reds about Billy Hamilton, though Cincinnati is still making “high demands” for the speedy center fielder.  As Pavlovic notes, the Giants could be even less likely to move young talent after swapping Christian Arroyo and two young pitching prospects to the Rays as part of the Evan Longoria trade.
  • The Giants are also on the lookout for a veteran starter on a minor league deal, Pavlovic adds.  Chris Stratton, Ty Blach, Tyler Beede, and Andrew Suarez are the in-house contenders for the two open spots in San Francisco’s rotation, and the team wants a more experienced arm in the mix to compete with all the youngsters.
  • Yasmany Tomas recently underwent a surgical procedure on his core area, this one to clean out scar tissue, the Arizona Republic’s Nick Piecoro reports.  This seems like a less-serious procedure than the core surgery that ended Tomas’ season back in August, as the Diamondbacks say the Cuban outfielder is expected to be ready by the beginning of Spring Training.  Tomas was bothered by the injury for much of last season, which contributed to his sub-par .241/.294/.464 slash line over just 180 PA.  He and the D’Backs are still hoping for a proper breakout campaign in his fourth MLB season, as Tomas is still owed $42.5MM through the 2020 season.

Minor MLB Transactions: 12/23/17

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We’ll use this post to keep track of teams’ minor moves throughout the day…

  • Infielder Matt Dominguez has agreed to a one-year deal with the Chiba Lotte Marines of Nippon Professional Baseball, Steve Adams of MLBTR reports (on Twitter). Once a highly regarded prospect, the 28-year-old Dominguez hasn’t panned out in the bigs since debuting with the Marlins in 2011. He spent all of last year with Boston’s Triple-A affiliate and hit .264/.295/.425 with 16 home runs in 451 plate appearances.

Earlier updates

  • The Rockies have agreed to terms on a minor-league pact with Dante Bichette Jr., whose father was a four-time Rockies All-Star. News of the pact was originally reported by Matt Kardos at Pinstripe Prospects, and later confirmed by the elder Dante Bichette (via Thomas Harding of MLB.com). Bichette Jr. began his career in promising fashion after the Yankees made him a supplemental first round pick in the 2011 draft; the third baseman hit .342/.446/.505 with the Yankees’ Rookie league affiliate. However, he’s never quite managed to replicate that success at any other level of the minors. As such, Bichette Jr. has yet to reach Triple-A. Most recently, he hit .262/.352/.352 with the Trenton Thunder (Double-A affiliate of the Yankees) in 2017.

Rockies Reportedly Talking With Addison Reed

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The Rockies have already re-signed Jake McGee and landed Bryan Shaw (both on three-year deals), and they’re now talking with free-agent righty Addison Reed, per Jon Heyman of FanRag Sports (on Twitter). They’re also still “in touch” with Greg Holland and former Cubs closer Wade Davis, per Heyman.

Suffice it to say, the bullpen is a clear point of focus for a Rockies front office that watched Holland, McGee and Pat Neshek all hit the open market as free agents this offseason. At one point, the Rox were reportedly in advanced talks about a deal to bring Holland back to Denver (even after agreeing to sign both Shaw and McGee), but there’s been very little information on that front in the past week. As of last Wednesday, the Rox had reportedly made what they felt to be a “strong” offer to Holland (per Patrick Saunders of the Denver Post), but to date it doesn’t seem to have been enough to sway Holland and agent Scott Boras.

Pivoting to Reed could give the Rox a potentially more affordable late-inning option that is actually coming off a superior year to the one Holland just completed. In 76 innings split between the Mets and Red Sox, Reed worked to a 2.84 ERA with 9.0 K/9, 1.8 BB/9, 1.3 HR/9 and a 40.8 percent ground-ball rate. The spike in home runs allowed was something of an anomaly for Reed, who entered the 2017 campaign with just 0.9 HR/9 in his career.

Reed won’t turn 29 until next week, making him one of the youngest available free agents on the market — certainly the most youthful among established relievers. He’s worked as both a closer and a setup man throughout his big league tenure with the White Sox, D-backs, Mets and Red Sox, compiling an overall 3.40 ERA with 9.5 K/9, 2.3 BB/9 and a 36.3 percent ground-ball rate in the Majors. MLBTR ranked him third among relievers (in terms of earning power) and 16th overall, ultimately predicting that he could secure a four-year deal on the open market.

Minor MLB Transactions: 12/16/17

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The latest minor moves from around baseball:

  • The Rockies have signed utilityman Shawn O’Malley to a minor league contract with an invitation to big league camp, Bob Dutton of Baseball America reports on Twitter. The switch-hitting, 29-year-old O’Malley has collected 305 major league plate appearances since debuting in 2014, batting a combined .231/.315/.317 with the Angels and Mariners and playing all over the diamond (every outfield spot, second base, shortstop and third). An appendectomy and arthroscopic shoulder surgery helped keep O’Malley out of the majors last year and limit him to 120 PAs between Seattle’s Double-A and Triple-A affiliates.
  • Utilityman Ronny Rodriguez announced on Instagram that he’s joining the Tigers on a minor league deal (h/t: Evan Woodbery of MLive.com). Rodriguez had spent his entire pro career with the division-rival Indians since signing out of the Dominican Republic in 2010. He never cracked the majors with the Tribe, though, instead topping out at Triple-A. The 25-year-old played at the minors’ highest level from 2016-17 and hit a respectable .274/.308/.427 in 971 PAs. Rodriguez has seen action at every position but pitcher, catcher and left field during his minor league career, as Woodbery notes.
  • The Brewers announced the re-signing of 24-year-old right-hander Angel Ventura to a minors pact. Ventura, whom the Brewers signed out of the Dominican in 2011, owns a 3.96 ERA with 8.1 K/9 and 3.5 BB/9 across 534 minor league innings with the organization (130 appearances, 67 starts)

Rockies Sign Bryan Shaw

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Dec. 16: Jon Heyman of FanRag Sports breaks down Shaw’s contract in a tweet, noting that the right-hander will earn $7.5MM in 2018, $8.5MM in 2019, and $9MM in 2020. The contract comes with a $9MM vesting option for 2021, which will vest if Shaw either makes 60 appearances or finishes 40 games in 2020. Alternatively, the option vests if he makes 110 appearances combined from 2019-2020. If Shaw doesn’t hit those marks, however, the option has a $2MM buyout. The deal also offers the righty $4MM in incentives.

Dec. 15: The Rockies have formally announced the signing of Shaw to a three-year deal.

Dec. 13: Shaw is expected to command a $27MM guarantee over three years, Heyman tweets.

Dec. 12: The Rockies have agreed to a deal with free agent righty Bryan Shaw, Jon Heyman of FanRag Sports reports (Twitter link).  Joel Sherman of the New York Post reported earlier tonight (Twitter links) that talks between the two sides are “advanced” and “nearly done.”  The deal is a three-year contract that will pay Shaw in the area of $9MM per season, according to ESPN.com’s Buster Olney, who also tweeted earlier today that teams believed Shaw and fellow right-hander Tommy Hunter already had agreements in place.  Shaw is a client of Rowley Sports Management.

Bryan Shaw

Shaw has posted strong numbers during his seven seasons with the D’Backs and Indians, with a career 3.13 ERA, 2.64 K/BB rate and 8.0 K/9 over 446 1/3 relief innings.  The durable righty has never spent any time on the disabled list and leads all pitchers with 442 appearances between 2013-17.  He owns a 50.6% career ground ball rate, which will serve him well at Coors Field, though Shaw has also been known to have been hurt by the home run ball.  His 0.6 HR/9 in 2017 was his lowest such number in the last four seasons, however.

Shaw has 11 saves in his career but has never really worked as a closer, rather primarily serving as Cody Allen’s setup man in Cleveland.  It would seem as if the Rockies may also intend to use Shaw in a setup role, as the team has been connected to such established closers as Wade Davis and former Rockie Greg Holland on the rumor mill.  Bullpen reinforcement was a stated goal for Colorado this winter, with Holland, Pat Neshek (who has signed with the Phillies), and Jake McGee all hitting the free agent market.

Several teams had interest in Shaw this winter, and he was weighing multiple three-year offers, including one from the Mets.  Newsday’s Marc Carig recently speculated that Shaw could have waiting to see if he landed a deal from a team (like the Rockies) that holds its Spring Training in Arizona, where Shaw and his family have a home.

MLB Trade Rumors ranked Shaw 25th on our list of the winter’s Top 50 Free Agents, predicting him for a three-year deal worth $21MM.  Landing a deal with a rough average annual value of $9MM is a nice get for Shaw’s representatives, and another sign of how heavily teams are valuing relief pitching this winter.  Neshek’s two-year deal with the Phillies guarantees him $16.25MM, while Brandon Morrow found two years and $21MM from the Cubs and Luke Gregerson two years and $11MM from the Cardinals.

Photo courtesy of USA Today Sports Images.

Rockies Re-Sign Jake McGee

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The Rockies have officially agreed to bring back free agent lefty Jake McGee with a three-year deal that guarantees $27MM. McGee is represented by Wasserman.

McGee’s guarantee comes in the form of consecutive salaries of $7MM, $8.5MM, and $9.5MM. He’s then promised a $2MM buyout on a 2021 vesting/club option that’s priced at $9MM. The extra year vests if McGee appears in sixty games in 2020, finishes forty games in that year, or makes 110 total appearances over the 2019-20 campaigns. There’s also a health requirement for the option to vest, though details remain unclear. It seems the contract also contemplates incentives of up to $4MM annually; while the milestones aren’t known, that leaves some earning upside in McGee’s pocket.

Jake McGee | Isaiah J. Downing-USA TODAY Sports

It’s not surprising to see a multi-year deal with a strong guarantee based both on McGee’s quality efforts in 2017 and an aggressive market for relievers thus far. McGee will become the latest in a line of high-quality relievers to come off the board and joins right-hander Bryan Shaw at the back of the Colorado bullpen nw that their deals are finalized.

The 31-year-old McGee struggled in his initial season with the Rockies (2016) after coming over from the Rays in the Corey Dickerson swap, but he largely righted the ship with a solid 2017 season. In 57 1/3 innings, the hard-throwing McGee posted a respectable 3.61 ERA with 9.1 K/9 against 2.5 BB/9 and a 40.5 percent ground-ball rate.

McGee’s 37 percent hard-contact rate is certainly higher than one would like to see, though it’s worth pointing out that much of that hard contact came on grounders; Statcast indicates that McGee’s average exit velocity on balls in the air was among the lowest in baseball (as is borne out in his 0.63 HR/9 rate), but he ranked considerably higher in terms of exit velocity on grounders.

It’s been an up-and-down ride for McGee both in terms of health and bottom-line results since he established himself as a big league regular back in 2012. But the overall body of work is impressive, as he’s logged a combined 3.06 ERA with 10.4 K/9 against 2.4 BB/9 in 329 2/3 innings over that six-year span.

At present, it’s not clear how the Rockies view the back of their bullpen taking shape. McGee has served as a closer in the past and could be asked to take the ball in the ninth inning most often for the Rox in 2018 and beyond. Shaw, who also has agreed to a three-year deal, is no stranger to high-leverage innings himself, having served as an eighth-inning setup man in Cleveland for several years.

Colorado GM Jeff Bridich and his staff may not yet be done adding to the bullpen, either. The Rockies have been linked to Zach Britton, Wade Davis and Greg Holland over the past few weeks, and while they’ve certainly spent aggressively to bring McGee and Shaw into the fold, they’re still somewhere in the vicinity of the payroll mark at which they opened the 2017 campaign. If ownership is willing to spend a bit more with a playoff berth in the rear-view mirror, the Rox could yet make further additions to the ’pen or elsewhere on the roster.

Joel Sherman of the New York Post reported the signing (via Twitter). Ken Rosenthal of The Athletic had tweeted that rivals anticipated the move. SB Nation’s Chris Cotillo (Twitter links) and Jon Heyman of Fan Rag (links to Twitter) had contract details.

Photo courtesy of USA Today Sports Images.

Pitching Notes: Greinke, Makita, Holland, Kintzler

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The latest rumblings on the starting and relief pitching fronts…

  • Talks between the Rangers and Diamondbacks regarding Zack Greinke are “mostly dead,” according to Jon Heyman of FanRag Sports (via Twitter).  Three other teams, however, have some interest.  The Phillies and Yankees have both reportedly checked in on Greinke, though it isn’t clear if either is one of the three teams Heyman references.  The D’Backs are willing to cover at least some of Greinke’s huge contract to facilitate a deal.
  • The Rangers have interest in Japanese right-hander Kazuhisa Makita, Evan Grant of the Dallas Morning News reports.  The 33-year-old submariner will be posted by the Seibu Lions before December 31, though there hasn’t been much word on what other MLB clubs may be exploring Makita’s services.  Adding Makita would be part of GM Jon Daniels’ overall bullpen strategy of adding lower-cost relief options rather than commit a lot of payroll space in an increasingly-expensive market for free agent relievers.
  • The Rockies haven’t yet received a response to the “nice” offer they made free agent righty Greg Holland, Jon Heyman of Fan Rag tweets.  Colorado is hoping to quickly polish off a deal with the closer, who obviously impressed the club in the 2017 campaign.
  • The Twins had interest in a reunion with former closer Brandon Kintzler, though Mike Berardino of the St. Paul Pioneer Press reports (via Twitter) that the team never made a formal offer to Kintzler before he signed with the Nationals.

Latest On Rockies, Greg Holland

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12:33pm: Patrick Saunders of the Denver Post tweets that the Rockies have put a “strong offer on the table,” with Heyman tweeting there’s “strong optimism” a deal will be finalized.

11:48am: The sides are “just talking” and are not nearing agreement, a source tells MLB.com’s Mark Feinsand (via Twitter).

11:27am: The Rockies are “closing in” on a pact to re-sign closer Greg Holland, according to Jon Heyman of Fan Rag (via Twitter). If completed, the deal would leave Colorado with a stunning three-part free agent relief haul from these Winter Meetings.

Within the last twenty hours or so, the Rox have reportedly lined up pacts with righty Bryan Shaw (link) and lefty Jake McGee (link). If all of these deals are finalized, those two hurlers would represent high-quality setup options, with Holland slated to lock up victories for the team.

Clearly, the Rockies’ brief taste of the posteason in 2017 has left the club hungry for more. With a host of young starters and a lot of talent on the position-player side, Colorado turned to the pen as a priority — especially after spending relatively little to add Chris Iannetta behind the dish, rather than committing to a bigger outlay to bring back Jonathan Lucroy.

Creating this would-be late-inning triumvirate won’t come cheap. Details on a possible Holland deal aren’t known, but he’s expected to out-earn the other two handily. And Shaw and McGee appear each to have commanded three-year commitments of about $27MM apiece. Needless to say, the Rockies figure to have quite a pricey relief corps.

While the organization is still in need of bolstering the first-base mix and could tinker in a few other areas, it’s possible it’ll depart the Winter Meetings with most of the boxes checked — and without having parted with any young talent. The Rockies may also reasonably anticipate finding solid value at first, since Coors Field ought to be quite a draw for the many sluggers still floating around the open market.

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