10:01PM: The Wiz have announced the deal, with Cuevas’ 2021 salary breaking down as $750K in guaranteed money and $250K in incentives. The 2022 option is also a mutual/vesting option.
5:35PM: Right-hander William Cuevas is re-signing with the KT Wiz of the Korea Baseball Organization, reports Enrique Rojas of ESPN (Twitter link). His 2021 base salary will check in at $1MM, with additional money available via incentives. The pact also contains a 2022 player option worth $1.7MM, Rojas adds.
Cuevas has spent the past two seasons as an innings eater for the Wiz. He’s tossed 342 frames of 3.84 ERA ball over 57 starts. Along the way, the 30-year-old has amassed 6.45 K/9 against 2.87 BB/9. Cuevas’ run prevention numbers were better in 2019 than they were in 2020, although his strikeout and walk rates were fairly consistent year over year.
Prior to going to South Korea, Cuevas pitched in parts of three MLB seasons with the Red Sox and Tigers. He only managed an 8.06 ERA/5.71 FIP across 22 1/3 innings in that time. He was generally a reliable depth option in the high minors, though, posting Triple-A numbers similar to his KBO performance.