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Martin Perez

Red Sox To Sign Martín Pérez

By TC Zencka | January 16, 2021 at 10:28pm CDT

The Red Sox and southpaw Martín Pérez have agreed to join forces for a second consecutive season, per the Athletic’s Ken Rosenthal (via Twitter). Chris Cotillo of MassLive.com confirms the deal, pending a physical. Pérez will earn a  $4.5MM salary in 2021 with a $6MM option for 2022 that comes with a $500K buyout (Twitter links). He’ll also earn an extra $100K for every ten innings starting at 130 innings in 2021, with a max of $500K, adds Rosenthal. Pérez is represented by the OL Baseball Group.

Last year’s pact worked out well enough for both sides to essentially roll it back at a slightly lower price point. Boston declined its $6.25MM option this past November, instead paying a $500K buyout. After being guaranteed $6.5MM last year, Pérez signs for a $5MM guarantee this time around with the potential for an additional $6MM if Boston picks up their 2022 option.

Cotillo has said all winter that the Red Sox will need to add at least two arms for their rotation, so an agreement with Pérez doesn’t preclude a later deal for an arm like Garrett Richards, Matt Moore, or Jake Odorizzi. Still, Pérez fills a big hole as a safe bet to eat innings. He ably manned that post in 2020 for the Red Sox, averaging more than five innings per start over 12 starts. He had a 4.50 ERA/4.88 FIP with just a 17.6 percent strikeout rate, 10.7 percent walk rate, and 38.5 percent groundball rate.

While those numbers themselves won’t get the Red Sox back into contention, they represent an important level of consistency. A rebuilding club like Boston relies on rote veteran production at certain places on the roster in order to embolden the coaching staff and front office as they maneuver a grueling 162-game season. For example, they can resist the temptation to rush younger arms while Chris Sale works his way back from injury. In-game, they can be more conservative with Eduardo Rodriguez’s innings knowing that Pérez can help protect the bullpen from overuse.

Boston’s rotation, after all, is riddled with long-term injury concerns. As of right now, Pérez joins Rodriguez, Nathan Eovaldi, Tanner Houck and Nick Pivetta in their starting five, though as we mentioned above, Boston’s working with a dynamic pool of rotation candidates at this time. Rule 5 pick Garrett Whitlock could be a candidate for starts, Sale should return at some point during the season, and they’ll take a look at younger arms like Connor Seabold and Bryan Mata during spring training.

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Quick Hits: Martín Pérez, Coliseum

By TC Zencka | January 16, 2021 at 8:21pm CDT

There was some heavy lifting done in the baseball world yesterday: it was arbitration filing day, as well as the opening of the international signing period. Today is a recovery day. Here’s the latest…

  • Before agreeing to terms with the Red Sox, southpaw Martín Pérez had no shortage of suitors. The Astros, Padres, Royals, White Sox, and Rays all showed interest in Pérez, per Chris Cotillo of MassLive.com (via Twitter). The Padres and White Sox have generally set their sights a touch higher than Pérez, but there’s clearly some trust around the league in Perez’s ability to contribute to a playoff-caliber pitching staff.
  • The Oakland A’s have long faced questions about their ability to stay in Oakland because of stadium concerns. The Coliseum sits on land with split ownership between the A’s and the city of Oakland. The organization continues to look for a site to build a new stadium, but the city of Oakland has also received a number of offers for their portion of the Coliseum land. One of those offers comes from former Oakland pitcher Dave Stewart, per Susan Slusser and Matt Kawahara of the San Francisco Chronicle. Stewart, an Oakland native, submitted a $115MM bid with plans to revitalize the area, whether or not the A’s continue to play there. The city of Oakland is reviewing all offers.
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Padres Still Open To Rotation Additions, Have Looked Into Tanaka, Perez

By Steve Adams | January 13, 2021 at 3:02pm CDT

3:02pm: Lefty Martin Perez is another name on the Padres’ radar, tweets Rosenthal. San Diego general manager A.J. Preller played an integral role in signing and developing Perez during his days with the Rangers.

While connections between GMs and players they’ve drafted/signed/developed with prior organizations don’t always carry tons of weight, Preller has frequently shown an affinity for former Rangers since taking the reins in San Diego. Not only did he acquire Darvish earlier this winter, but he’s also acquired Jurickson Profar, Mitch Moreland and Carl Edwards Jr. in past trades and signed Ian Kinsler on a two-year free-agent deal.

None of that makes Perez any sort of lock to land in San Diego, of course, but his price tag seems more in line with the back-of-the-rotation depth role that appears available in San Diego than does Tanaka’s expected price point.

Perez, who once rated as one of the game’s elite pitching prospects, has yet to justify the considerable prospect fanfare attached to his name as a minor leaguer, but he’s a durable fifth starter who had a decent showing with the Red Sox in 2020 when he posted a 4.50 ERA in 68 innings. Beyond the ERA, there wasn’t much to like about Perez’s season: 5.43 SIERA, 6.9% K-BB%, career-low 38.5 percent grounder rate. Perez, however, has yet to turn 30, and the lone arm injury he’s suffered since 2015 Tommy John surgery came when he sustained an offseason injury in his non-throwing elbow on his ranch in Venezuela.

2:00pm: The Padres have already overhauled their pitching staff since the 2020 trade deadline, adding Mike Clevinger, Yu Darvish and Blake Snell in a trio of trades. (Clevinger, of course, is expected to miss the bulk of 2021 following Tommy John surgery.) Despite those acquisitions, the Padres still at least open to further additions and are doing “background work” on multiple candidates, including righty Masahiro Tanaka, per Ken Rosenthal of The Athletic (subscription required).

It’s been relatively quiet in terms of Tanaka chatter this winter. There’s been plenty of speculation about a possible reunion with the Yankees, given his dependability and success in the Bronx, but the team’s focus has been squarely on DJ LeMahieu to this point. A Tanaka reunion still seems plausible, particularly if LeMahieu ultimately goes elsewhere. As Rosenthal points out, the 32-year-old Tanaka is no stranger to Padres pitching coach Larry Rothschild, who served as the right-hander’s pitching coach with the Yankees from 2014-18. And based on his track record, Tanaka ought to have plenty of other suitors. He’s also left the door open for a possible return to Japan.

Tanaka started 10 games for the Yankees in 2020, pitching to a 3.56 ERA and 4.07 SIERA while striking out 22.3 percent of the hitters he faced against a 4.1 percent walk rate — the latter being the second-best mark of his career. While Tanaka may not be the ace that Yankees fans hoped he could become when he was initially signed to a seven-year contract, he’s become a rock-solid mid-rotation starter who could deepen just about any staff in baseball. Over the past three seasons, Tanaka has pitched to a 4.06 ERA and near-identical 4.03 SIERA with a 16.9 K-BB%.

At the moment, the San Diego rotation figures to be headlined by Darvish, Snell, Dinelson Lamet and Chris Paddack. Young lefty Adrian Morejon could be the early favorite for the fifth spot, and uber-prospect MacKenzie Gore looms on the horizon as an expected addition at some point in 2021. Still, Lamet missed the postseason due to elbow troubles, and signing Tanaka could help the Padres to limit the workloads of not only Lamet but also touted youngsters like Morejon and Gore. It’s expected that clubs will look for ways to prevent major workload spikes from 2020’s 60-game slate to what is currently hoped to be a full 162-game set in 2021; signing Tanaka or another veteran arm would certainly help a win-now Padres club work toward that end.

The larger question for the Padres could be one of spending capacity. The Friars are already in line to open the season north of $160MM both in present-day payroll and luxury tax obligations. Both are franchise records for the San Diego organization at a time when most other clubs throughout the league are looking to offset revenue losses from this past season. Signing Tanaka would quite likely push the Padres beyond $170MM.

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Pitching Notes: Smyly, Giants, C. Anderson, M. Perez

By Connor Byrne | November 16, 2020 at 8:24pm CDT

The latest news and notes from the mound:

  • Left-hander Drew Smyly came off the open market Monday when he and the Braves reached a one-year, $11MM agreement. That represents a nice raise for someone who signed a one-year, $4MM guarantee with San Francisco last winter, but the 31-year-old Smyly had his sights set even higher than the salary he’ll earn with the Braves. Smyly was requesting a contract in the three-year, $30MM neighborhood before inking his Braves pact, Henry Schulman of the San Francisco Chronicle reports. That’s an ambitious asking price for a hurler who has dealt with serious injuries throughout his career, and it’s worth noting Smyly struggled mightily as recently as 2019. To Smyly’s credit, though, he had a big-time bounce-back campaign this past season with a 3.42 ERA/2.01 FIP, 14.35 K/9 against 3.08 BB/9, and a 2.6 mph increase in average fastball velocity over 26 1/3 innings.
  • With Smyly out of the picture for the Giants, Grant Brisbee of The Athletic takes a look at a few low-cost starters they could explore to replace him this winter. In Brisbee’s estimation, Chris Archer, Alex Wood, Matt Shoemaker and Anthony DeSclafani could make for intriguing reclamation projects for the Giants’ rotation. Nobody from that group looks especially exciting right now, but neither did Smyly at this time a year ago, and he proved to be a shrewd pickup for San Francisco.
  • There are “several teams” that have shown interest in free-agent right-hander Chase Anderson, Robert Murray of Fansided writes. While Anderson has typically been a useful mid- to back-end starter since he debuted in 2014, the 32-year-old had a brutal 2020 in his lone season with the Blue Jays. Anderson concluded with 33 2/3 innings of 7.22 ERA/6.16 FIP ball, owing largely to a horrific 28.9 percent home run-to-fly ball ratio, though he did post impressive strikeout and walk numbers (10.16 K/9, 2.67 BB/9). Toronto had a $9.5MM option over Anderson for 2021, but it bought him out for $500K.
  • As is the case with Anderson, there is more than one team interested in free-agent southpaw Martin Perez, according to Murray. Perez spent 2020 with the Red Sox and recorded a 4.50 ERA/4.88 FIP with 6.88 K/9 and 4.06 BB/9 across 62 frames. The Red Sox then bought out the 29-year-old for $500K in lieu of paying him a $6.85MM option for next season.
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Red Sox Decline Option On Martin Perez

By Anthony Franco | November 1, 2020 at 4:06pm CDT

The Red Sox have declined their option on left-hander Martín Pérez, per various reporters (including Alex Speier of the Boston Globe). If exercised, the option would’ve paid Pérez $6.85MM, as Chris Cotillo of MassLive breaks down (via Twitter). Instead, he’ll receive a $500K buyout and hit free agency.

The 29-year-old becomes one of the younger starters on the market. Once viewed as a key long-term rotation piece in the Rangers’ organization, Pérez has seen his stock fall off in recent seasons. He continued to log unexciting production in 2020, pitching to a 4.50 ERA with subpar strikeout (17.6%) and walk (10.7%) rates.

To his credit, Pérez did reliably take the ball for the Sox every fifth day, as he did with the Twins in 2019. The southpaw has never posted great strikeout-to-walk ratios and has seen his ground-ball rate fall off over the years, but he continues to induce soft contact. Pérez’s 86.3 MPH opponents’ average exit velocity this year ranked in the 85th percentile, per Statcast.

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Red Sox Notes: Dalbec, Perez

By TC Zencka | February 29, 2020 at 12:02pm CDT

The identity of the Boston Red Sox is unclear now that Mookie Betts and David Price play for a different organization. The trickle down effect of losing a bat like Betts from a lineup will certainly affect the other Boston position players, but they still have a talented group of players on hand, starting with corner outfielders Andrew Benintendi and Alex Verdugo. If that sweet-swinging pair can take their games to the next level, the Red Sox should once again roster an above-average offense in 2020. Believe it or not, the Red Sox were fourth in the majors in runs scored last season, so even without Betts, they could surprise some people. Let’s check in on some camp battles worth watching in Red Sox territory…

  • Bobby Dalbec won’t be on the opening day roster, per Chris Cotillo of MassLive.com. Dalbec turns 25 this June, so it’s entirely likely he’ll be ready for major league action at some point this season. With Rafael Devers and Michael Chavis already on the roster, Dalbec is blocked at his natural position of third base. He has taken some reps at first base the last couple of seasons, which could pave the way for a 2020 debut. Mitch Moreland has his foot on the bag for now, with Chavis potentially sliding over from second against tough lefties. Even so, with the Red Sox holding a club option for Moreland in 2021 and a long history of just adequate offensive production, Moreland is hardly a monolith at first. With the expectation of making the opening day roster apparently dashed, Dalbec can focus in on the larger task at hand – putting himself in a position to usurp a roster spot at some point during the 2020 season. 
  • Martin Perez was courted this offseason by both the Rays and Red Sox, ultimately signing with the Red Sox on a one-year, $6MM deal just before Christmas. Perez, a client of OL Baseball Group LLC, felt strongly about joining the Red Sox, even going so far as to tell his agent that even if the Rays offered more money, he preferred signing in Boston, per The Athletic’s Chad Jennings. Perez’s most recent body of work hardly suggest he’s worthy of a bidding war – bidding skirmish, say – but Jennings provides an insightful quote from Red Sox Chief Baseball Officer Chaim Bloom, who says of Perez, “Basically, we felt two things. One, the stuff and the underlying way in which he pitched deserved better results than he got. And two, that there were further tweaks we could help him make to his repertoire to make him even more effective.” 
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Alex Verdugo Andrew Benintendi Bobby Dalbec Boston Red Sox Camp Battles Chaim Bloom David Price Martin Perez Michael Chavis Mitch Moreland Mookie Betts Notes Rafael Devers Tampa Bay Rays

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Red Sox Sign Martin Perez

By Connor Byrne | December 19, 2019 at 2:44pm CDT

TODAY: The Red Sox have officially announced the signing.

DEC.12: The Red Sox have reached a one-year, $6MM agreement with free-agent left-hander Martin Perez, Ken Rosenthal of The Athletic reports. The deal includes a $6.25MM club option for 2021. The buyout on that option checks in at $500K, according to Alex Speier of the Boston Globe. Perez is a client of OL Baseball Group LLC.

The agreement with Perez comes at a time when the Red Sox look to be shopping a much more prominent and far more expensive southpaw in David Price. As of now, though, the soon-to-be 29-year-old Perez is slated to join Price, Chris Sale, Eduardo Rodriguez and Nathan Eovaldi in a lefty-heavy Red Sox rotation.

Once a standout prospect with the Rangers, Perez is now amid a second straight offseason in which a team has turned down his club option for the following year. The Rangers cut Perez loose a winter ago on the heels of a horrid season for the hurler, while the Twins – who then inked him to a $3.5MM guarantee – did the same last month. Had the Twins retained Perez, he’d have earned $7.5MM. He’ll take home a bit less as a member of the Red Sox, but this still looks like a respectable payday in light of Perez’s showing in Minnesota.

While Perez did turn in 165 1/3 innings and 32 appearances (29 starts) as a Twin, he wound up with fairly pedestrian numbers. Despite career-high four-seam velocity (94.1 mph), the addition of a cutter to his repertoire and excellent hard-hit and exit velocity marks from Statcast, Perez finished with a 5.12 ERA and just 7.35 K/9 against 3.65 BB/9. ERA estimators such as FIP (4.66), xFIP (4.69) and SIERA (5.01) weren’t enamored of his work, though Perez did begin the year well. He owned a 4.26 ERA/3.71 FIP at the All-Star break, but the wheels came off during the second half of the season, in which Perez more closely resembled the pitcher the Rangers gave up on and notched a 6.27 ERA/5.94 FIP.

For the Chaim Bloom-led Red Sox, the agreement with Perez is the second one-year contract they’ve handed out Thursday. They previously inked infielder Jose Peraza to a $3MM guarantee. Both are modest signings in what most expect to be a low-key offseason for Boston, at least in terms of spending.

Photo courtesy of USA Sports Today Images.

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Twins Rumors: Wheeler, Bumgarner, Catcher, Perez, Odorizzi

By Steve Adams | November 18, 2019 at 11:29am CDT

The Twins met with Zack Wheeler’s representatives at Jet Sports during last week’s GM Meetings, Darren Wolfson of 1500 SKOR North reports in his latest podcast (audio link). Minnesota also has interest in free-agent lefty Madison Bumgarner, much as they did prior to the July 31 trade deadline. The Twins filled one spot in the rotation when Jake Odorizzi accepted the qualifying offer, but they still have virtually no certainty beyond Odorizzi and fellow righty Jose Berrios. Thankfully, Minnesota has a substantial amount of payroll space given their lack of long-term commitments. Adding at least one more — and likely two more — seems like it’ll be a goal for recently extended front office tandem Derek Falvey and Thad Levine.

Some early notes in what should be a busy offseason for the Twins…

  • The Twins made a multi-year offer to Yasmani Grandal last winter but aren’t expected to pursue him again this winter, Dan Hayes of The Athletic reports (subscription link). Mitch Garver’s breakout 2019 season and the continued development of prospect Ryan Jeffers has the Twins bullish on their internal catching options, even if Jeffers isn’t likely to be an option until the 2021 season. More importantly, the aforementioned needs in the rotation will take priority over sorting out who’ll share time with Garver behind the plate. Still, with Jason Castro hitting free agency and Jeffers only briefly reaching Double-A in 2019, adding a second catcher is arguably an understated need. Minnesota does have one of the game’s more unique backup options in the versatile Willians Astudillo, but “La Tortuga” batted just .268/.299/.379 in 204 plate appearances this past season (79 OPS+) and only suited up for 158 innings behind the plate. The 28-year-old Astudillo’s ability to catch and handle multiple infield/outfield positions does make him an intriguing fit as the 26th man on next year’s expanded roster.
  • Also of note, Hayes writes that the Twins have some interest in bringing left-hander Martin Perez back in 2020, although clearly at a lower rate than the $7.5MM club option the team declined earlier this month. Speculatively speaking, it’d be interesting to see what the hard-throwing Perez could do in short relief stints, and the Twins don’t have much on the roster in terms of left-handed relief options beyond closer Taylor Rogers. Perez averaged 94.1 mph on his fastball as a starter in 2019 and would presumably see that velocity trend upward with a move to the bullpen.
  • Odorizzi joined MLB Network’s Hot Stove show this morning to discuss his decision to accept the qualifying offer but also expressed interest in remaining with the Twins on a long-term deal (video link). “I really enjoy Minnesota,” said Odorizzi. “The people up there are fantastic. Obviously the team is really good. Our front office does a great job. Having [manager Rocco Baldelli] there is a great familiarity with me. But that’s kind of out of my control. The door is open from me, and it’s just a matter of if they want me. … I’d like to have a place where my family can settle down with me and call home, but that’s baseball — sometimes you’ve got to play it year to year and figure it out from there.”
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Twins To Decline Option On Martin Perez

By Jeff Todd | November 4, 2019 at 3:04pm CDT

The Twins will decline their option over southpaw Martin Perez, according to Darren Wolfson of 1500 ESPN (via Twitter). He’ll receive a $500K buyout on his way out the door.

Coming into the season, there was some buzz about Perez, who had been showing improved velocity and an intriguing new cutter — both of which contributed to the Twins’ decision to give him a somewhat surprising MLB deal. While those new tweaks served him well in the early stages of the season, it seems the league quickly adjusted to the changes he’d made.

Perez had moments at times in 2019 — he shut the Astros out over eight innings on May 1 and followed that with seven scoreless frames in Toronto — but he was never consistently effective enough to warrant the $7.5MM price tag of the option year. In fact, following that brilliant pair of scoreless outings, Perez’s results mirrored the form that led to him being jettisoned by the Rangers. Over his final 24 starts of the season, he pitched to a sky-high 5.88 ERA with an ugly 96-to-51 K/BB ratio and 21 home runs allowed in 124 innings. He finished the season with a 5.12 ERA and averages of 7.4 K/9 and 3.5 BB/9 through 165 1/3 innings.

Lefties who average 94.1 mph on their heater in a starting role don’t grow on trees, and Perez regularly demonstrates above-average ground-ball tendencies as well. He’s still just 28 years old, too, so teams will continue to be intrigued not just by his raw abilities but by his youth relative to other freely available pitchers. He’ll head into the open market looking for another opportunity elsewhere and quite likely find a number of clubs with interest — though he may have to accept a lesser base or even a minor league contract.

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MRI Negative On Left Wrist Of Nelson Cruz

By Mark Polishuk | May 13, 2019 at 4:47pm CDT

TODAY: The MRI came back negative, Betsy Helfand of the St. Paul Pioneer-Press was among those to report on Twitter. Cruz is hoping to avoid an IL trip altogether.

YESTERDAY: Twins slugger Nelson Cruz left Sunday’s game due to soreness in his left wrist, and he will undergo an MRI on Monday to determine the nature of the problem.  (MLB.com’s Do-Hyoung Park was among those to report the news.)

Cruz’s injury didn’t seem to stem from any specific incident, as the veteran indicated to reporters after the game that he had been dealing with nagging wrist soreness, and the issue became worse after taking a swinging strike.  As Park notes, Cruz’s wrist seemed to be visibly bothering him after swinging at a pitch in the bottom of the fourth inning.  Cruz took one further plate appearance in the game but was removed for a pinch-hitter in the seventh.

Even as he approaches his 39th birthday on July 1, Cruz is still producing at a high level, with a .270/.354/.508 slash line and seven homers over his first 144 plate appearances as a Twin.  Cruz’s still-potent bat has been a big reason behind Minnesota’s surprising surge to the best record in baseball, and obviously any type of IL stint for the veteran designated hitter would be a blow to the Twins’ lineup.

If Cruz’s status wasn’t enough of a concern for the Twins, Martin Perez was also an early scratch from Sunday’s game, as the starter was removed after being hit in the left ankle by a Nicholas Castellanos line drive in the sixth inning.  This injury (diagnosed as a left foot contusion) doesn’t appear to be as serious, however, as Perez told Park and other reporters that he doesn’t think he’ll miss his next start.

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