Astros Extend Jon Singleton

TUESDAY: Passan has the year-to-year breakdown of Singleton’s contract (Twitter link). He will earn $1.5MM this season and $2MM per year from 2015-18. He notes that each of the second options have a $250K buyout as well.

MONDAY, 6:19pm: Jon Heyman of CBS Sports reports (via Twitter) that Singleton’s options are worth $2.5MM, $5MM and $13MM. Singleton would earn $17MM for his pre-arbitration and arb years, with the $13MM option being for his first year of free agency.

5:30pm: The future of the Houston Astros is getting brighter and brighter, and the latest ray of light will make his Major League debut tomorrow. The Astros announced today that they have not only promoted top prospect Jon Singleton, but also inked him to a historic five-year contract extension with three club options despite the fact that he’s never played a Major League inning. The Sosnick/Cobbe Sports client reportedly receives a $10MM guarantee, and his contract can max out at $35MM if all of the options are exercised and he reaches various performance bonuses.

jon_singletonSingleton will reportedly earn $9.5MM in salary over the five guaranteed years, plus a $500K buyout if the Astros decline their first option.  The total value of all three option years is $20MM, with an extra $5MM available in bonuses and awards.

The extension sets a new precedent for players who don’t have any Major League service time.  Singleton was already under team control through at least the 2020 season, though now the Astros have cost certainty over the slugging first baseman through all of his pre-arbitration and arbitration-eligible seasons, not to mention his first free agent season should Houston use all of its team options.  The 22-year-old Singleton is now locked up through his age-29 season.

The Astros aggressively pursued extensions with several of their young players over the last few months, pursuing deals with George Springer, Robbie Grossman and Matt Dominguez that would’ve covered all most or all of their arb and pre-arb years and given the team more options years, to boot.  Springer’s proposed extension would have also locked him up prior to his ever playing a day in the bigs, the same as Singleton’s contract.

Originally an eighth-round pick of the Phillies in the 2009 draft, Singleton came to the Houston organization as part of the trade package for Hunter Pence in 2011.  The left-handed hitting first baseman has been on a tear at Triple-A Oklahoma City this season (hitting .267/.397/.544 and hitting 14 homers over 239 plate appearances), rebounding from a tough 2013 campaign that saw him struggle at Triple-A and serve a 50-game suspension for marijuana use.

Despite his issues last season, Singleton was still ranked among the game’s top prospects in preseason rankings by MLB.com (42nd overall), ESPN’s Keith Law (78th) and Baseball America (82nd).  The 2014 Baseball America Prospect Handbook ranked Singleton as the seventh-best prospect in Houston’s system and described him as having “middle-of-the-order potential” and “plus raw power,” whle also praising his bat speed and ability to draw walks.  The BA Handbook questioned his consistency against left-handed pitching, though Singleton showed improvement by posting a .919 OPS in 77 PA against southpaws this season at Triple-A.

Yahoo Sports’ Jeff Passan was the first to report the agreement, while ESPN’s Jerry Crasnick reported some of the specific terms (Twitter links).

Photo courtesy of Steve Mitchell/USA Today Sports

Marlins To Sign Kevin Gregg

7:41pm: Gregg will receive a $2.1MM pro-rated salary upon being called up, which means he’ll earn right around the same amount ($1.4MM) that the Marlins will now forego in draft bonus slot money, reports Jon Heyman of CBSSports.com (via Twitter).

5:37pm: MLB.com’s Joe Frisaro reports (via Twitter) that Gregg’s deal is technically a minor league deal. The Marlins won’t have to make a 40-man move immediately, and they won’t have to make a procedural move like placing Gregg on optional waivers before sending him to the minors, as the Red Sox did with Stephen Drew.

3:51pm: The Marlins have agreed to sign right-hander Kevin Gregg, pending a physical, reports Ken Rosenthal of FOX Sports (Twitter link). Gregg will spend eight or nine days getting up to speed in the minors before joining the Major League club.

Kevin Gregg

In a second tweet, Rosenthal adds that part of the reason behind Miami’s decision to trade their No. 39 overall pick to the Pirates in exchange for Bryan Morris was to clear room to sign another reliever (Gregg). The draft slot traded by the Fish was valued at $1.4MM.

The 35-year-old Gregg (he turns 36 later this month) posted a 3.48 ERA with 8.1 K/9, 4.7 BB/9, a 36.6 percent ground-ball rate and 33 saves in 62 innings for the Cubs in 2013. Though that marked the most success that Gregg had enjoyed since a solid 2010 season with the Blue Jays, Gregg didn’t find an offer to his liking this winter. The veteran told reporters in April that he wasn’t sure why he couldn’t secure a guaranteed big league deal this offseason but felt he could still get outs at the Major League level and was waiting for the right offer.

Gregg, a client of the Beverly Hills Sports Council, has had an up-and-down career but owns a 4.07 ERA and 177 saves in 700 2/3 Major League innings. The Marlins are hoping that he can help to bolster a relief corps that has, to this point, produced a 4.04 ERA that ranks 23rd among MLB bullpens. The team’s most recent attempt to revitalize a former Cubs closer didn’t pan out well, as Carlos Marmol pitched to an 8.10 ERA before being released.

This marks Gregg’s second stint with the Marlins, as he served as the team’s closer back in the 2007-08 campaigns, saving 61 games. The team has been a pleasant surprise this season, going 28-28 through its first 56 games, placing them three games back of the Braves in the National League East and one game out of a Wild Card spot.

Photo courtesy of USA Today Sports Images.

Orioles Purchase Johan Santana’s Contract

The Orioles announced that they’ve selected the contract of Johan Santana and placed him on the 15-day disabled list as he continues his recovery from left shoulder surgery. Santana had an opt-out clause in his contract that would’ve allowed him to elect free agency at midnight tonight. Instead, he will be added to the team’s 40-man roster, though not the 25-man roster for the time being. MASNsports.com’s Roch Kubatko tweets that technically, Santana did exercise his opt-out, which is what prompted the team to instead purchase his contract and place him on the Major League disabled list.

Santana’s recovery has progressed nicely, as he’s pitched in extended Spring Training and is said to be eyeing a return to the Majors as early as June 18. The Orioles signed him to a minor league contract this offseason that came with a hefty $3MM base salary plus $5.05MM worth of incentives.

Santana, a two-time American League Cy Young Award winner, can now be sent on a minor league rehab assignment as he continues to build strength in his surgically repaired shoulder. The 35-year-old Legacy Agency client has a career 3.20 ERA with 8.8 K/9 and 2. BB/9 in 2025 2/3 innings for the Twins and Mets. Reports in early May indicated that his velocity had reached 89 mph, meaning he’s not far off from the 2009-10 speed at which he posted a combined 3.05 ERA in 365 2/3 innings.

Draft Prospect Q&A: Nick Gordon

MLBTR is re-launching its Draft Prospect Q&A series this season in order to give our readers a look at some of the top names on the board in this year’s draft. MLBTR will be chatting with some of the draft’s most well-regarded prospects over the next couple of weeks as they prepare for the 2014 draft on June 5-7.

Florida’s Nick Gordon is universally regarded as the best shortstop in the 2014 draft and, according to some, is the best position player prospect in the draft.  With a pedigree like his, it’s no surprise.  Gordon is the son of three-time All-Star right-hander Tom “Flash” Gordon and the younger brother of Dodgers second baseman Dee Gordon.  While his father made his mark in the game and Dee continues to see his star rise, all signs point to Nick making a terrific legacy of his own in the years to come. image-2

At 6’2″, 170, Gordon exhibits tremendous speed both on defense and around the base paths.  Of course, he also boasts a terrific arm for the shortstop position and, in fact, many believe that he could pursue pitching if he wanted to.  At the plate, the Olympia High School star projects to be an above-average hitter, but his intangibles and makeup have scouts drooling just as much as his physical tools.

In 27 games last season, Gordon, reportedly being advised by Beverly Hills Sports Council, which also represented father Tom “Flash” Gordon and represents brother Dee, posted an absurd slash line of .494/.576/.843 in 99 plate appearances and stole 13 bases.  The youngster has had the attention of college scouts and pro scouts alike for years, but his senior season helped to boost his stock even further.

Gordon, ranked as the fourth-best prospect in the draft by ESPN.com’s Keith Law, No. 5 by MLB.com, and No. 7 by Baseball America, spoke with MLBTradeRumors late last week about the draft process, the possibility of going No. 1 overall, and what he’s learned from watching his father and brother:

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Royals Designate Justin Marks For Assignment

The Royals have selected the contract of right-hander Wilking Rodriguez and designated southpaw Justin Marks for assignment in order to clear a spot on the 40-man roster, the team announced via press release.

The 26-year-old Marks made his big league debut with the Royals this season, tossing two innings but allowing three runs on four hits and three walks with two strikeouts. Formerly a third-round pick of the Athletics (2009), Marks was acquired along with right-hander Vin Mazzaro from Oakland in the 2010 trade that sent David DeJesus to the A’s.

Marks was solid in his time at Class-A Advanced and Double-A in the minors, but he’s struggled to a 5.23 ERA in 161 2/3 innings at the Triple-A level. He’s averaged 8.6 strikeouts and 3.7 walks per nine innings in his minor league career and held opposing lefties to a .568 OPS in 2013.

Royals Claim Blake Wood

The Royals have claimed right-hander Blake Wood off waivers from the Indians, USA Today’s Bob Nightengale reports (Twitter link).  Wood was designated for assignment by the Tribe last week.

Wood was originally drafted by Kansas City in the third round of the 2006 draft and he posted a 4.30 ERA and 1.72 K/BB rate in 119 1/3 relief innings with the team in 2010-11.  He missed all of 2012 recovering from Tommy John surgery and was waived by K.C. following the season.  Wood struggled with Cleveland this season, posting a 7.11 ERA and issuing an equal number of walks (seven) as strikeouts over 6 1/3 IP of work.

With Wood claimed, only Jeremy Horst (Phillies), Vin Mazzaro (Pirates) and Wade LeBlanc (Angels) remain in DFA Limbo according to the MLB Trade Rumors DFA Tracker.

Astros To Promote Jon Singleton

The Astros have told slugging first baseman Jon Singleton that he will be promoted to the Major Leagues for tomorrow’s game, Evan Drellich of the Houston Chronicle reports (via Twitter).  MLB Daily Dish’s Chris Cotillo tweeted earlier today that “all indications” were that Singleton would be promoted as early as this week.

Singleton, universally ranked as a Top 100 prospect, has enjoyed a monster season thus far for Triple-A Oklahoma City, hitting .267/.397/.544 with 14 homers through his first 54 games. While service time considerations are often a factor in the timing of promotions — and likely were part of the reason that Singleton remained in Triple-A as long as he did — the Astros won’t be fretting over the amount of team control or the price to retain him through his arbitration years; Houston has reportedly agreed to a five-year, $10MM extension with Singleton that contains three club options, allowing the deal top out at $35MM.

Houston originally acquired Singleton along with Jarred Cosart, Josh Zeid and a player to be named later (Domingo Santana) in exchange for Hunter Pence back in 2011.

Steve Adams contributed to this post.

Draft Prospect Q&A: Nick Burdi

MLBTR is re-launching its Draft Prospect Q&A series this season in order to give our readers a look at some of the top names on the board in this year’s draft. MLBTR will be chatting with some of the draft’s most well-regarded prospects over the next couple of weeks as they prepare for the 2014 draft on June 5-7.

Teams looking to draft a future closer with serious velocity will be taking a long look at Louisville pitcher Nick Burdi.  In fact, with a fastball that hits 96-100 mph on the radar gun, Burdi stands as the hardest thrower in college.  To complement the heat, Burdi also boasts a plus slider that can develop into a premium pitch.

NCAA Baseball: Louisville Regional-Miami vs Louisville

You could say that hard throwing runs in the family.  Burdi’s older brother, Drew, was a quarterback at Western Michigan.  His younger brother, Zack, is a promising pitcher in his own right for the Cardinals.  Burdi has shown that he can hold that velocity over two- and three-inning outings, leading some to believe that he could blossom into a starter.  Baseball America has Burdi pegged as the No. 27 prospect in the draft, MLB.com has him ranked at No. 34, and ESPN.com’s Keith Law has him at No. 52.  Burdi spoke with MLBTradeRumors on Friday about his skill set, whether he’d be interested in starting, and more:

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Marlins Acquire Bryan Morris From Pirates

The Marlins announced that they have acquired right-hander Bryan Morris from the Pirates in exchange for the No. 39 overall pick in the 2014 draft.  The No. 39 pick is Miami’s Competitive Balance Round A selection and is worth roughly $1.58MM.

We feel this trade will have a positive impact on our organization in the short, moderate and long term,” said Bucs GM Neal Huntington in Pittsburgh’s press release. “In the short term, this trade will add a quality prospect to our system that will enhance our ability to make additional prospect for major league player type deals while helping us to better sustain crucial prospect depth. Additionally, we feel we have made this move from a position of strength as we have kept our core bullpen intact. In the moderate and long term, we add an additional first-round talent that we project to play a significant role on future Pirates’ teams.”

Morris, 27, has pitched to a 3.46 ERA with 5.5 K/9 and 4.0 BB/9 over the last three seasons with the Pirates.  In late March, Ken Davidoff of the New York Post reported that the PIrates were open to dealing Morris and Jeanmar Gomez, though they were a little more reluctant to part with the latter since he can also start.  Morris is out of options this year and the Bucs have had a logjam in the bullpen this season.  In short, the Pirates are dealing from a surplus to add a promising talent to their farm system.

Of course, the Marlins still have choice picks at the top of the draft.  They own the No. 2 overall pick, the No. 36 pick in the Competitive Balance Round A portion after they were unable to sign Oregon pitcher Matt Krook last year, and the No. 43 pick, the second pick of the second round.  For the Pirates, the deal gives them a pick to think about in between their No. 24 and No. 64 selections.

Evan Meek Accepts Outright Assignment

SUNDAY, 9:44am: Meek has accepted his outright assignment to Triple-A Norfolk rather than elect free agency, tweets Chris Cotillo of MLBDailyDish.

WEDNESDAY, 3:27pm: The Orioles have outrighted reliever Evan Meek off of the club’s 40-man roster, the team announced. It is not yet clear whether Meek will accept the assignment, which he has the right to decline since he has previously been outrighted.

Meek was previously designated for assignment off the club’s active roster, then optioned to Triple-A once he had cleared optional assignment waivers. By now passing him through outright waivers, Baltimore has cleared a 40-man roster spot.

The 31-year-old has tossed 11 2/3 MLB innings thus far in 2014, surrendering nine earned runs on nine strikeouts and six walks. Meek has scuffled at Triple-A as well, working to a 5.59 ERA in 9 2/3 innings after posting a 4.50 mark in 108 innings in the upper minors last year (including 15 starts). He has thrown 184 1/3 MLB innings of 3.56 ERA ball over his career.

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