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Newsstand

White Sox Acquire Todd Frazier In Three-Team Deal With Dodgers, Reds

By Steve Adams | December 16, 2015 at 11:47am CDT

The first domino has fallen in the Reds’ offseason rebuild, as Cincinnati has announced the trade of All-Star third baseman Todd Frazier to the White Sox in a three-team deal that also includes the Dodgers. Cincinnati will receive three prospects — infielders Jose Peraza and Brandon Dixon and outfielder Scott Schebler — from the Dodgers, who, in turn, will receive prospects Frankie Montas, Micah Johnson and Trayce Thompson from the White Sox.

The acquisition of Frazier will give the White Sox a drastically altered infield composition, as he’ll now take over at third base with fellow trade acquisition Brett Lawrie moving over to second base. Frazier, who turns 30 in February, adds a power bat to the middle of Chicago’s lineup to complement fellow right-handed slugger Jose Abreu and also gives Chicago a well above-average defender at the hot corner. The reigning Home Run Derby champion, Frazier has batted a combined .264/.322/.479 with 64 home runs over the past two seasons with the Reds. He’s set to earn $7.5MM in 2016 and can be controlled via the arbitration process for the 2017 season, after which he will be eligible for free agency.

Frazier’s trade value probably would have been higher were it not for a dismal second half. Some will speculate that his Home Run Derby success altered his swing following the All-Star Game, but whatever the reason, Frazier’s .220/.274/.390 second half paled in comparison to his monstrous .278/.333/.550 first half.

With Frazier on board, the Sox can shift their focus to shortstop, unless the plan is to enter the season with the largely untested Tyler Saladino in that role. Assuming an outside addition at the shortstop position, Saladino could slide into a utility role and back up at three different positions around the revamped infield.

For the Reds, the centerpiece of the deal is Peraza — a fleet-footed, Major League ready infielder whom they can control for the next six seasons. Peraza has long rated as one of the Braves’ better prospects but was flipped to the Dodgers in the 13-player summer blockbuster that also included the Marlins. Peraza’s stay with the Dodgers will be brief, but he should be in line for fairly regular at-bats immediately in Cincinnati — especially if the Reds ultimately trade Brandon Phillips as well.

Jose Peraza

Peraza, 22 in April, made his big league debut in 2015, collecting four hits in 22 September at-bats for Los Angeles. He batted a combined .293/.316/.378 with 33 steals between his two Triple-A affiliates last season and has a pair of 60-steal seasons under his belt in the minor leagues. His youth is one of the keys to the deal, as Peraza reached the Majors at the same age we see many top prospects selected out of college in the draft. He’s three years younger than Johnson or Thompson, and the Reds are clearly banking on continued development and improved production as he catches up to his competition in terms of physical maturity. Peraza entered the 2015 campaign universally ranked as a Top 100 prospect — MLB.com had him 38th overall — and he figures to do so again in 2016, as Baseball America’s Ben Badler tweets.

BA recently ranked Peraza as the Dodgers’ No. 4 prospect, trailing only Corey Seager, Julio Urias and Jose De Leon. In Badler’s scouting report, he praised Peraza’s bat-to-ball skills and speed, noting that he could hit for average and swipe 30-plus bases in a regular role. BA’s camp is split on Peraza, it would seem, as John Manuel tweets that Peraza needs to play shortstop to have value as a regular, while J.J. Cooper opines that Peraza should be a solid regular, albeit not a star. Peraza ranks fourth on MLB.com’s list of Dodgers prospects as well and, in fact, ranks 24th on their current Top 100 list. He’s seen time at shortstop, second base and in center field in his career thus far, and second base would seem the most obvious path to at-bats for him in the event of a Phillips swap. He’ll give Cincinnati another versatile piece that can conceivably handle multiple positions, joining Eugenio Suarez in that capacity.

Like Peraza, Schebler can conceivably step right onto the Reds’ roster. He, too, made his big league debut in 2015, albeit receiving just 40 plate appearances. Schebler unquestionably struggled at the Triple-A level, as his .241/.322/.410 batting line (in the hitter-friendly Pacific Coast League, no less) was a marked departure from the .280/.365/.556 line he posted as a 23-year-old in Double-A. However, he’ll play all of next season at 25 years of age and has a history of hitting for power in the minors, as evidenced by the combined 55 homers he launched from 2013-14.

Schebler ranked 13th on MLB.com’s Dodgers Top 30 and 14th on the same list from BA. MLB.com notes that he’s best-suited for corner outfield work — an area of need in Cincinnati — and is a solid baserunner but not a big base-stealer. Some scouts, they add, are hesitant with Schebler because he relies more on raw strength than bat speed to produce his power. BA has previously pegged him as a possible regular in left field, and former Fangraphs scribe Kiley McDaniel noted heading into the 2015 season that Schebler “fits the bill as an under-the-radar performer who could surprise.” However, I’d imagine that his 2015 struggles have clouded that likelihood to some extent.

The 23-year-old Dixon didn’t rank among Los Angeles’ Top 30 prospects in the estimation of BA or MLB.com. He was selected in the third round of the 2015 draft and raked in 45 games at Class-A Advanced this past season before struggling after a promotion to Double-A. He’s played second base, third base and the outfield in his young career and posted a cumulative batting line of .263/.303/.443 with 19 homers this past season between his two levels. Dixon also turned in a nice showing in the Arizona Fall League, batting .295/.318/.508 with three homers in 16 games, and he performed well last winter while playing in the Australian Baseball League.

The Dodgers, meanwhile, pick up a number of prospects with plus tools but uncertain overall packages. Montas, 23 in March, can reach 100 mph with his fastball and has been developed as a starting pitcher, but many scouts still see him as a reliever due to a lack of control. MLB.com currently ranks him as the game’s No. 54 prospect, noting that if everything clicks he’s a potential No. 2 starter, but he could end up as a high-leverage reliever instead due to the aforementioned control issues. BA recently ranked him as the No. 17 prospect in the Double-A Southern League, with Matt Eddy writing that despite holding his velocity deep into starts, troubles with repeating his delivery and lack of strong secondary offerings could lead to relief work.

Thompson, 25 next March, ranked 14th on MLB.com’s list of top White Sox prospects. Known for his excellent athleticism — he’s the brother of NBA superstar Klay Thompson and the son of former NBA player Mychal Thompson — Trayce debuted in 2015 and batted .295/.363/.533 with five homers in 44 games. He hasn’t shown that type of power in the minor leagues, but some have questioned how much he’ll hit in the Majors and projected that he could become a fourth outfielder. Even if that’s the ultimate case, he fits much better on the Dodgers’ current roster than Schebler due to his ability to handle all three outfield positions. The presence of Yasiel Puig, Carl Crawford, Andre Ethier, Joc Pederson, Scott Van Slyke and Enrique Hernandez in L.A. seems to point to Thompson opening next season in the minor leagues, even though he’s more or less ready for big league action. (Further trades could clear a path for him in the Majors.)

Johnson, who turns 25 on Friday, has long been considered the potential second baseman of the future in Chicago, but he’ll now hope to land that role in Los Angeles. His first taste of Major League action in 2015 didn’t go too well, as he batted just .230/.306/.270 in 114 plate appearances. However, Johnson is lauded for his elite speed — he swiped 84 bases in 131 games in 2013 — and delivered a quality .316/.376/.466 batting line in 2015. MLB.com places a 75-grade on his speed (on the 20-80 scale). Johnson, though, has little in the way of power (24 homers in 1761 minor league PAs) and is said to be a shaky defender at second base. He made three errors in 32 starts at second base last season, and in just 280 innings drew ratings of -7 and -3 from Defensive Runs Saved and Ultimate Zone Rating, respectively. He could also be ticketed for Triple-A to begin the 2016 season, with veteran Chase Utley on board to hold down the fort at second base while Johnson develops.

Overall, it’s fair to question the return that Cincinnati received in the deal. The trade very clearly hinges on the development of Peraza, whom the Reds reportedly “love” and were on the verge of acquiring in the failed Aroldis Chapman trade, according to Jon Heyman of CBS Sports (Twitter link). The Reds do indeed acquire a pair of players in Peraza and Schebler that are near MLB-ready or presently MLB-ready, but neither seems to possess star-caliber upside. A pair of solid regulars — or even one solid regular, for that matter — will make this a palatable return in the long run, but most seemed to be expecting more impactful prospects in return for a player of Frazier’s caliber, especially when considering his reasonable price tag. Perhaps his poor second half tanked some of his trade value, but given the bulk of clubs that were tied to Frazier the general consensus will be that Cincinnati might have been — or at least should have been — able to acquire more in a trade of this magnitude.

Yahoo’s Jeff Passan first reported that Montas was going to the Dodgers in a trade. C. Trent Rosecrans of the Cincinnati Enquirer broke the news of a three-team deal including Frazier (on Twitter). Jon Heyman of CBS Sports reported the other prospects in the trade (links to Twitter).

Photos courtesy of USA Today Sports Images.

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Chicago White Sox Cincinnati Reds Los Angeles Dodgers Newsstand Transactions Brandon Dixon Frankie Montas Jose Peraza Micah Johnson Scott Schebler Todd Frazier Trayce Thompson

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Rangers Sign Tony Barnette

By Steve Adams | December 15, 2015 at 11:15pm CDT

DEC. 15: Barnette’s contract guarantees him $3.5MM over the next two years, reports Wilson (links to Twitter). Barnette will earn $1.5MM in 2016 and $1.75MM in 2017. His club option is valued at $4MM and comes with a $250K buyout, but the option’s value could escalate based on games finished, per Wilson. The Rangers also formally announced the signing today.

DEC. 10, 10:30am: Barnette’s deal also contains a club option for 2018, tweets Jeff Wilson of the Fort Worth Star-Telegram.

9:17am: The Rangers and right-handed reliever Tony Barnette are in agreement on a two-year contract, reports Evan Grant of the Dallas Morning News. Barnette, 32, is a former D-backs farmhand that never broke into the Majors before heading over to Japan and establishing himself as a dominant closer. He is represented by the Wasserman Media Group.

The Rangers will owe a $500K posting fee to Nippon Professional Baseball’s Yakult Swallows as compensation for losing Barnette, which will be in addition to the value of the contract actually issued by Texas. Barnette has a career 3.58 ERA with the Swallows in Japan but is coming off a season in which he posted a pristine 1.29 ERA with 8.0 K/9 against 2.7 BB/9 in 62 2/3 innings of work.

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Newsstand Texas Rangers Transactions Tony Barnette

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Nationals, Reds Discussing Brandon Phillips Trade

By Steve Adams | December 15, 2015 at 7:46pm CDT

The Nationals are known to be eyeing second base upgrades, and Ken Rosenthal of FOX Sports hears that they’re currently discussing a potential Brandon Phillips trade with the Reds. As a player with 10+ years of Major League service time and five straight with his most recent club, Phillips has the ability to veto any trade, so he would need to approve of the deal. Cincinnati would receive prospects in the deal that is currently being discussed, sources tell Rosenthal.

Phillips, 34, had a strong season with the Reds in 2015, hitting .294/.328/.395 with a dozen homers and 23 stolen bases. The 23 steals were his highest single-season total since 2009, and Phillips’ 10.9 percent strikeout rate was easily the lowest of his career. Additionally, he continued to post strong defensive marks (+2.0 UZR, +5 DRS) in spite of his relatively advanced age.

Of course, the Nationals already have a quality defensive option at second base: Danny Espinosa. The Nats, though, reportedly would like to add a left-handed bat to complement the switch-hitting Espinosa at second base, given his history of troubles against right-handed pitching. Phillips, obviously, doesn’t meet that criteria, but he could provide an everyday option instead, freeing up Espinosa for a utility role and allowing him to start the season at shortstop while prospect Trea Turner gets some additional development time at the Triple-A level.

Phillips has a reasonable $27MM owed to him in total over the next two seasons ($13MM in 2016 and $14MM in 2017), so the Nats certainly have the financial means to add him to the fold, assuming he signs off on a potential trade. There are certainly reasons to believe that Phillips would be open to the idea; the Nationals are assuredly a better bet to contend in 2016 than the rebuilding Reds, and a trade would reunite Phillips with recently hired manager Dusty Baker — his skipper with the Reds from 2008-13.

From the Reds’ point of view, the trade would clear playing time for promising young infielder Eugenio Suarez, who impressed while filling in for the injured Zack Cozart over the final few months of the season. Cozart, though, will be healthy in 2016, leaving Suarez without a regular playing spot as things currently stand in Cincinnati.

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Cincinnati Reds Newsstand Washington Nationals Brandon Phillips

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Cubs Sign Jason Heyward

By Steve Adams | December 15, 2015 at 3:43pm CDT

3:43pm: Heyward receives full no-trade protection from 2016-18 and limited no-trade protection in 2019-20, tweets Jon Heyman of CBS Sports. (Heyward will have 10-and-5 rights after that point, assuming he remains with the Cubs.) Heyman also reports that Heyward receives a $20MM signing bonus that is fully deferred, adding that the he’ll earn $15MM in 2016, $21.5MM in 2017-18, $20MM in 2019, $21MM in 2020-21 and $22MM in 2022-23 (links to Twitter).

Heyward can opt out after the 2018 season, and, if he chooses not to do so, will trigger a second opt-out clause following the 2019 season by reaching 550 plate appearances in 2019, Heyman adds.

DECEMBER 15, 2:34pm: The Cubs have announced the signing and are introducing Heyward today.

DECEMBER 11, 2:29pm: FOX’s Ken Rosenthal tweets that Heyward can opt out after the third year or fourth year if he meets certain plate appearance thresholds.

1:47pm: Heyward’s contract does indeed contain the option to opt out early, reports MLB Network’s Peter Gammons (Twitter link). However, he can opt out not only once, but twice, per Gammons. ESPN Chicago’s Jesse Rogers reports (also on Twitter) that the first opt-out clause comes three years into the contract, meaning Heyward can hit the open market entering his age-29 season if he chooses.

1:35pm: Bob Nightengale of USA Today hears it’s an eight-year, $184MM deal for Heyward (Twitter link) — an annual value of $23MM.

1:04pm: Heyward’s contract guarantees him less than $185MM and is believed to be for eight years, reports Wittenmyer (Twitter link).

12:12pm: Jason Heyward has chosen to sign with the Cubs, multiple sources tell Gordon Wittenmyer of the Chicago Sun-Times (Twitter link). Exact financial terms aren’t known, but Jon Heyman of CBS Sports tweets that the Cubs landed Heyward for less than $200MM despite the fact that the Nationals are said to have offered around, or exactly $200MM. An opt-out clause in the contract would certainly make some sense, though reports haven’t indicated that to be the case just yet. Still, Heyward’s agent, Casey Close of Excel Sports Management, has previously negotiated such clauses for clients Clayton Kershaw, Zack Greinke and Masahiro Tanaka.

Jason Heyward

Heyward, 26, adds to an exciting class of free-agent additions for the Cubs this offseason (really, in the past week or so), as the team has already agreed to a four-year, $56MM pact with Ben Zobrist and a two-year, $32MM contract with John Lackey (to say nothing of a one-year deal to bring back Trevor Cahill, who had a relatively quiet resurgence in the Chicago bullpen).

Like Lackey, Heyward rejected a qualifying offer at the beginning of the offseason, meaning he’ll cost Chicago a draft pick. The Cubs, then, will be forfeiting the No. 28 pick in the draft as well as their second-round pick, which would’ve fallen in the early 70s when factoring in the first Competitive Balance Round and compensation picks for teams losing free agents that rejected the qualifying offer.

The question following this addition, of course, will be how Heyward slots into the outfield. The three-time Gold Glove winner is known as one of the game’s premier defensive players but has been almost exclusively a right fielder. Consensus seems to be that he can handle center field if need be, but with a pair of highly controllable assets flanking him in the form of Kyle Schwarber and Jorge Soler, it’s conceivable that the team will make a move to flip a young outfielder (Soler has been mentioned in rumors far more than his young counterpart, Schwarber) in order to further strengthen the rotation. Of course, that would again leave the Cubs with a hole in center field that needs to be addressed.

Defensive metrics are, of course, imperfect, but it’s still notable that since debuting in 2010, Heyward leads all Major Leaguers, at any position, with 119 Defensive Runs Saved. He’s also the runaway leader in cumulative Ultimate Zone Rating in that time (+94.4), and his prorated UZR/150 of +18.4 trails only Juan Lagares and Andrelton Simmons among qualified fielders. Those rankings hold weight even when shortening the sample size to the past three years, as each metric agrees that Heyward is the best defensive player in the game aside from his former Atlanta teammate, Simmons.

Wherever he fits onto the diamond or into the lineup, Heyward will strengthen the Cubs not only defensively but on offense as well. Though many point to his lack of home run power in recent years — he’s averaged 13 per season since 2013 — Heyward has continually whittled away at his strikeout rate and posted consistently strong on-base percentage marks (especially relative to the declining league average in that regard). In his lone season with the division-rival Cardinals, Heyward batted .293/.359/.439 with 13 homers and 23 steals (in 26 attempts). His offensive output was 16 percent better than that of a league-average hitter when adjusting for park, by measure of OPS+, while a similar metric, wRC+, rated his park-adjusted offense to be 21 percent better than the league average.

That the Cubs will effectively be signing Heyward away from the Cardinals only sweetens the deal for the club. Much in the way that the D-backs felt extra value by keeping Zack Greinke away from the Dodgers and Giants in signing him, Heyward will not only strengthen the Cubs — his departure will weaken one of their two biggest rivals. The same can be said of Lackey, who will also jump from St. Louis to the other side of the storied rivalry between the two franchises.

The Heyward market was quiet for a good portion of the offseason, but in recent days, the finalists were said to be the Cubs, Cardinals, Nationals and possibly the Angels, while the Giants also reportedly had interest but didn’t progress to the point of making an offer.

Photo courtesy of USA Today Sports Images.

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Chicago Cubs Newsstand Transactions Jason Heyward

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2016 MLB Arbitration Tracker Now Available

By Tim Dierkes | December 15, 2015 at 3:06pm CDT

20 of the 183 arbitration eligible MLB players have agreed upon contracts for 2016, so there’s plenty of work left to be done.  Star players such as Josh Donaldson, Jake Arrieta, Nolan Arenado, Dallas Keuchel, Manny Machado, Matt Harvey, and A.J. Pollock are among those eligible for the arbitration process for 2016.  Keep track of all arbitration eligible players with MLBTR’s Arbitration Tracker!  The tracker allows you to filter by signing status, team, and service time, and also contains information on Super Two players, filing numbers, and hearings.  Bookmark the 2016 Arbitration Tracker today!  You can also find the link under the Tools menu up top and under MLBTR Features on the sidebar.

Players will file for salary arbitration on January 12th, figures will be exchanged on January 15th, and hearings will take place during the first three weeks of February.  MLBTR’s world-famous arbitration salary projections can be found here.

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Mets Re-Sign Jerry Blevins

By Jeff Todd | December 15, 2015 at 2:24pm CDT

The Mets have reached agreement with free agent lefty Jerry Blevins on a deal that will bring him back to New York, MLB Network’s Matt Yallof reports on Twitter and Blevins himself confirms in a tweet. Per Yallof, the veteran southpaw will earn $4MM and can tack on another $1MM through incentives.

Blevins, 32, came to New York from the Nationals last winter via trade and posted five hitless frames to open the year. But successive arm fractures ended his season at that early juncture, breaking up a three-year run in which he averaged 61 frames annually.

The Nats shipped Blevins to their division rivals after he put up an ugly 4.87  ERA in 2014. But by some measures, that was actually the most productive season of his career. He put up career bests that year in strikeouts (10.4 K/9), FIP (2.77), xFIP (3.25), and SIERA (2.93).

Obviously, the Mets like the outlook for Blevins, both in terms of his ability and his health. He certainly has put up strong run prevention numbers in the past — including a 2.80 ERA over 125 1/3 innings from 2013-14 — and has dominated left-handed hitters to the tune of a career .206/.257/.322 slash.

While the arm troubles are concerning, it isn’t as if they were the typical elbow/shoulder problems that could prove persistent. Blevins was simply unlucky, first taking a line drive to the forearm and then re-fracturing it in an ill-timed fall.

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New York Mets Newsstand Transactions Jerry Blevins

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Latest On Hyun-Soo Kim

By Jeff Todd | December 15, 2015 at 7:28am CDT

TODAY: Kim has strong offers in his native Korea and appears likely to remain there, a source tells Rich Dubroff of CSNmidatlantic.com (via Twitter).

But there are other MLB clubs in pursuit also, tweets Connolly. He says that the Padres may also have made an offer.

YESTERDAY: The Orioles appear to have serious interest in Korean outfielder Hyun-Soo Kim, according to report from Dan Connolly of the Baltimore Sun (Twitter links). Baltimore has already extended Kim a two-year offer that would likely guarantee him $3MM to $4MM per season and is continuing to negotiate with his representatives.

Kim, who’ll soon turn 28, just reached free agent eligibility after nine seasons with the KBO’s Doosan Bears. He has reportedly received offers from multiple MLB clubs, though it appears that Baltimore is the first club to be publicly tied to an actual offer.

The Orioles have long been said to be looking for one or more outfielders, and a commitment of that magnitude would suggest that Kim would slot into at least a semi-regular role. Baltimore utilized a variety of platoon options in the corner last year, but Kim would “likely” feature in left if signed, Connolly adds via Twitter.

Kim has put up a big .318/.406/.488 slash in the offensively robust KBO, and last year had his best-ever showing. Not only did he slash .326/.438/.541, but Kim also banged a career-best 28 home runs. But Kim’s real calling card is in the on-base arena. Unlike some other KBO players who have moved over to MLB (or have shown interest in doing so), Kim is a master of plate discipline. Last year, he struck out only 63 times while drawing 101 free passes.

While the money that the O’s have reportedly put on the table certainly represents a significant figure, it’s not the kind of cash that teams generally must part with to add regular or semi-regular players. Jeff Passan of Yahoo Sports had suggested at one point that Kim might slot in “toward the top of the next tier of corner outfielders” behind the four major free agents, but that does not appear to be the case — unless Baltimore’s offer is wholly non-competitive.

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Baltimore Orioles Newsstand San Diego Padres Hyun-soo Kim

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Orioles Sign Darren O’Day

By charliewilmoth | December 14, 2015 at 7:12pm CDT

DECEMBER 14: The team has announced the signing.

DECEMBER 10, 10:37pm: Dan Connolly of the Baltimore Sun (Twitter links) has more details. O’Day will earn $5MM in 2016, $6MM in 2017, and $8MM apiece in 2018 and 2019. He’ll then take home $1MM annually for each of the next four years (though obviously won’t be obligated to play for the team in that stretch).

The no-trade clause allows him to designate seven clubs per season, though Connolly notes that he stands to reach ten-and-five rights during 2018.

8:35pm: The deal is “official,” Jon Heyman of CBSSports.com tweets, though it has yet to be announced by the club. $1MM of O’Day’s salary each year will be deferred, per the report.

DECEMBER 7: A deal is in place between the O’s and O’Day, pending only a physical, per Connolly (via Twitter). It is indeed for four years and $31MM, he adds.

O’Day will pick up some limited no-trade protection, Connolly adds on Twitter.

DECEMBER 6, 7:30pm: The matters being worked out involve “language/stipulations,” ESPN.com’s Buster Olney tweets. From the report, it certainly does not sound as if the sides expect any serious difficulty in finalizing the arrangement.

6:29pm: O’s executive VP Dan Duquette said today that there’s more work to be done to complete any deal with O’Day, as Rich Dubroff of CSNmidatlantic.com tweets.

12:16pm: O’Day himself tweets that the deal is not yet complete. “Contrary to the news, I have not reached an agreement with the O’s yet,” he says. “I am flattered by all the attention, but reports are premature.” Heyman clarifies (Twitter links) that one explanation might be that O’Day hasn’t yet taken a physical, and physicals given by the Orioles have sometimes not turned out as the players taking them have imagined. (For example, Grant Balfour and the O’s had a disagreement with the Orioles over a physical two years ago.) O’Day and the Orioles do have a deal in place, Heyman writes.

11:21am: Details of the deal have yet to be finalized, Connolly tweets. Also, obviously, O’Day will still have to take a physical for the deal to be complete. MASNsports.com’s Roch Kubatko tweets that the deal might not officially be done until the end of the week, since team doctors are attending the Winter Meetings.

8:48am: Righty reliever Darren O’Day has agreed to terms on a four-year deal with the Orioles, FOX Sports’ Ken Rosenthal tweets. Jon Heyman of CBS Sports (who originally tweeted that a return to the Orioles was likely) says O’Day will receive $31MM. O’Day is a client of the Ballengee Group.

USATSI_8807374_154513410_lowresO’Day had reportedly been deciding between the Orioles and Nationals. He had also been connected to the Braves and Dodgers, but O’Day’s wife is a reporter based in Washington DC, and it had been thought that influenced his preference to stay in the DC area. Dan Connolly of the Baltimore Sun tweets that O’Day came close to agreeing to terms with the Nationals on Friday, but that the Orioles made a last-second bid of four years, sealing O’Day’s decision to return to Baltimore.

O’Day has been a major part of Baltimore’s bullpen in the past four seasons, never more so than in 2015, when he pitched 65 1/3 innings with a 1.52 ERA and a terrific 11.3 K/9 and 1.9 BB/9. He’s effective against both righties and lefties, making him far more than a situational pitcher, despite his funky delivery and modest velocity. He will likely return to an eighth-inning role with the Orioles.

O’Day was the top reliever on Tim Dierkes’ list of the top 50 free agents, so retaining him looks like a coup for Baltimore, at least in the near term. The $7.75MM average annual value of his new contract is reasonable, although its four-year length is interesting, given O’Day age (33) and the fact that he isn’t a closer (although perhaps it isn’t that surprising — last week, ESPN’s Jerry Crasnick noted that the expectation within the industry was that O’Day would get a four-year deal in the $32MM-$34MM range). Last offseason, only two relievers, Andrew Miller and David Robertson, received four-year deals, and both of them were considerably younger than O’Day is now. And as Eduardo A. Encina of the Sun tweets, the Orioles don’t often give pitchers four-years — the only free-agent pitcher who’s ever received a four-year deal from them is Ubaldo Jimenez. That they’re giving a four-year deal to a 33-year-old setup man suggests they think O’Day can continue to be a crucial part of their bullpen.

Photo courtesy of USA Today Sports Images.

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Baltimore Orioles Newsstand Transactions Washington Nationals Darren O'Day

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Mariners Sign Steve Cishek

By | December 14, 2015 at 12:28pm CDT

The Mariners’ bullpen overhaul continued on Monday, as the team announced, via press release, that it has signed free-agent reliever Steve Cishek to a two-year deal. Cishek, who will serve as the club’s closer, is reportedly guaranteed $10MM over the two years — $4MM in 2016 and $6MM in 2017. He can also earn up to $3.5MM in each season for games finished.

Steve Cishek

Cishek, a client of Jet Sports Management, will reportedly earn $250K for 25 and 30 games finished, and he’ll take home $500K for reaching 35, 40, 45, 50, 55, and 60 games finished in each year of the deal. Typically, only about five relievers per season finish 60 games, so it will be a stretch for Cishek to earn the full $7MM incentive over two years. Cishek finished 62 games in 2013 and 55 games in 2014.

GM Jerry Dipoto teased the addition on 710 ESPN Seattle a night before the agreement was reported, saying he expected to make a bullpen addition before the end of the weekend. In today’s press release, Dipoto spoke highly of his new right-hander: “Steve gives us a proven bullpen presence with significant experience closing games. He’s a character guy who adds a new angle and fresh look to our pen.”

Cishek, 29, was non-tendered by the Cardinals earlier in the offseason. MLBTR projected a $7.1MM salary via the arbitration process. Of note, Cishek was arbitration eligible for two more seasons. The two-year contract will guarantee those seasons while granting the Mariners some protection if he doesn’t stick in the ninth inning.

Over parts of six seasons, the former Marlins closer has a 2.82 ERA, 9.55 K/9, 3.42 BB/9 and 95 saves in 313 innings. He experienced a shaky 2015 split between Miami and St. Louis. While with the Marlins, he lost his ninth inning duties early in the year to A.J. Ramos. In 32 innings, Cishek struggled with a 4.50 ERA, 7.88 K/9, 3.94 BB/9, and an uncharacteristically high .350 BABIP. He also posted a career low 90.6 mph fastball.

The Cardinals acquired Cishek in late July for right-handed pitcher Kyle Barraclough. While his 2.31 ERA through 23 innings was encouraging, he lost control of the strike zone (5.01 BB/9). ERA estimators like SIERA (4.43) and xFIP (4.55) suggest he experienced some good fortune in St. Louis.

With the signing, Seattle is betting that Cishek can recover the form that made him one of the best closers in the league from 2013 through 2014. Over those two seasons, Cishek was among the 10 best relievers in baseball with 3.5 WAR and a 2.35 FIP.

Dipoto has been busy this offseason. As ESPN’s Jerry Crasnick notes (tweet), Dipoto has now completed nine trades, eight signings, and five waiver claims. The bullpen in particular has undergone a dramatic restructuring. Former temporary closers Tom Wilhelmsen, Carson Smith, and Danny Farquhar were all sent packing. To replace them, Dipoto acquired Cishek, Joaquin Benoit, Evan Scribner, and Justin De Fratus.

ESPN’s Jerry Crasnick first reported the agreement. Yahoo’s Jeff Passan (Twitter link) and FOX Sports’ Ken Rosenthal reported the financial terms (via Twitter). Jon Heyman of CBS Sports reported the incentives structure (Twitter link).

Photo courtesy of USA Today Sports Images.

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Newsstand Seattle Mariners Transactions Steve Cishek

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Astros To Acquire Ken Giles

By Steve Adams and Brad Johnson | December 12, 2015 at 12:11pm CDT

SATURDAY 12:06pm: The Phillies have announced the trade. However, several components have changed. The Phillies will receive Velasquez, Oberholtzer, Eshelman, Mark Appel, and Harold Arauz. Derek Fisher, who was originally rumored to be headed to Philadelphia, is not part of the trade. The Astros will also receive infielder Jonathan Arauz from the Phillies. Although both are Panamanian prospects, the Arauz’s are not related.

Appel, the number one pick in the 2013 draft, has experienced mixed success in the minors. The 24-year-old reached Triple-A and posted a 4.48 ERA with 8.03 K/9 and 3.69 BB/9. MLB.com ranked Appel as the Astro’s second best prospect between 2015 draft picks Alex Bregman and Daz Cameron. He’s also ranked 43rd overall. His fastball velocity has been inconsistent in the minors, ranging from the low-90s to 98 mph. He also throws a slider and a changeup.

Harold Arauz, 20, pitched in Low-A last season with a 5.75 ERA, 9.06 K/9, and 3.14 BB/9 in 51 innings. Per Baseball America’s Ben Badler, Arauz leans heavily on a low-90s cutter. Badler also commented on Jonathan Arauz. The newly acquired Astro was ranked the 20th best prospect in the Gulf Coast League. The 17-year-old middle infielder was also considered the best Panamanian prospect in the 2014 international market.

In a related move, the Phillies have designated reliever Dan Otero to make room for Velasquez and Oberholtzer on the 40-man roster, tweets Todd Zolecki of MLB.com.

THURSDAY 12:13am: The final player in the deal will be righty Thomas Eshelman, who will head from the Astros to the Phillies, the Houston Chronicle’s Evan Drellich tweets. The 21-year-old Eshelman, a second-round pick this past June out of Cal State Fullerton, pitched just 10 1/3 innings in the Astros organization. Before the draft, MLB.com characterized him as a polished pitcher who could move through the minors quickly but might end up as a back-of-the-rotation type of starter. At the time of the trade, he ranked as the Astros’ 13th-best prospect.

WEDNESDAY 7:52pm: MLB.com’s Todd Zolecki tweets that a fourth player is headed to the Phillies in the deal as well.

7:38pm: The Astros and Phillies are in agreement on a trade that will send right-hander Vincent Velasquez, lefty Brett Oberholtzer and another prospect to Philadelphia in exchange for young closer Ken Giles, reports Mark Berman of FOX 26 Houston (Twitter link). Outfielder Derek Fisher will also head to Philadelphia in the deal, Berman clarifies (on Twitter). The trade is pending medical reviews. CSNPhilly.com’s Jim Salisbury first broke news that the two sides were nearing an agreement, and he added details along with ESPN’s Jayson Stark as they emerged.

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Giles, who turned 25 in late September, took over as closer in Philadelphia following the trade of Jonathan Papelbon and continued to display the dominance he’s exhibited since breaking into the Majors upon being moved to a more prominent role. In 115 2/3 career innings, the former seventh-round pick has a masterful 1.56 ERA with 11.8 K/9, 2.8 BB/9 and a 44.6 percent ground-ball rate. Giles’ fastball has averaged just a shade under 97 mph in the Majors (96.8), so he’ll satisfy Houston GM Jeff Luhnow’s previously stated interest in adding a hard-throwing arm that the back end of the Astros’ bullpen had been missing.

By adding Giles, the Astros will deepen their bullpen considerably. Luke Gregerson, who performed well as the club’s primary closer in 2015, will return to the setup capacity in which he thrived for much of his career. He’ll be joined there by side-arming Pat Neshek, the quietly excellent Will Harris and Josh Fields in 2016. Houston will still need to address its dearth of left-handed relief options, however, as its two primary southpaws — Tony Sipp and Oliver Perez — both departed as free agents. Perez has since signed with the Nationals, though a reunion with Sipp remains a possibility, as he’s still a free agent and there has reportedly been mutual interest between the parties.

Houston will control Giles through at least the 2020 season if all goes well. With one year, 113 days of Major League service time, Giles will fall shy of Super Two designation and thus will not be arbitration eligible until the 2017-18 offseason. He’ll earn scarcely more than the league minimum in each of the next two seasons (barring an extension), providing Houston with financial flexibility to address needs elsewhere on the roster.

The centerpiece of the deal for the Astros is Velasquez — a 23-year-old righty who entered the 2015 season as a consensus Top 100 prospect and made his big league debut after performing exceptionally well at the Double-A level. Velasquez logged a 1.91 with a 45-to-13 K/BB ratio in 33 innings at Double-A in addition to posting a 4.37 ERA in 55 2/3 innings at the Major League level where he struck out 58 and walked 21. He’ll immediately be in the mix for a rotation spot with the Phillies, though it’s possible that Philadelphia may want to get Velasquez some time at Triple-A, where he has yet to throw so much as a single inning.

While Velasquez may need some additional development before slotting into the Phillies’ rotation on a full-time basis, Oberholtzer should be able to step into the starting five from day one. The 26-year-old has been up and down with the Astros over the past three seasons but has totaled 45 appearances (42 starts) and recorded a solid, if unspectacular 3.94 ERA with 5.9 K/9, 2.1 BB/9 and a 38.5 percent ground-ball rate. That ground-ball rate, though, isn’t fully representative of Oberholtzer’s new skill set, as he began using a cutter in 2015 that upped his rate to 48.8 percent in his sample of 34 2/3 big league innings. He’ll give the Phillies an option at the back of their rotation that can be controlled for up to five years — the same as Giles — if he’s able to consistently perform in the Majors.

Fisher, meanwhile, was the 37th overall pick in the 2014 Draft and rated as the No. 8 prospect in a deep Houston farm system, per MLB.com. The Virginia product, whom Baseball America ranked 13th among Houston farmhands entering the season, is said in their scouting report to be a toolsy outfielder with plus-plus raw power that has yet to fully manifest. He draws praise for his bat speed and above-average running, though BA noted that he has a below-average arm and has questionable route-running, so left field is probably his ultimate home.

Still just 21 years old, Fisher split the season between Class-A and Class-A Advanced, hitting .275/.364/.483 with 22 homers and 31 stolen bases before going on to bat .254/.397/.424 in 17 games in the Arizona Fall League. He’s at least a full season away from the Majors and possibly two, but Fisher gives the Phillies a potential everyday outfielder down the line if he can keep hitting the way he did in 2015. MLB.com calls him a potential “impact hitter,” even if he isn’t believed to have a future as a strong defender.

Photo courtesy of USA Today Sports Images.

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Houston Astros Newsstand Philadelphia Phillies Transactions Brett Oberholtzer Ken Giles Mark Appel Vincent Velasquez

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