Red Sox Sign Rich Hill
The Red Sox announced Wednesday that they’ve signed veteran starter Rich Hill to a one-year contract. It’s reportedly a $5MM guarantee that contains up to $3MM more in incentives based on innings pitched. Hill is a client of ACES.
This is remarkably the seventh different contract Hill has signed with the Red Sox. Between various stints, he’s suited up for the Sox in parts of four seasons. After pitching for Boston from 2010-12, Hill returned for a late-season cameo in 2015. That four-start stretch kicked off the remarkable late-career renaissance he has put together over the past six years.
Hill’s showing with the Red Sox earned him a rotation job in Oakland the following season. After continuing to thrive with the A’s, he landed with the Dodgers at the 2016 trade deadline. Hill re-signed with L.A. that winter, ultimately spending the next three seasons in Dodger blue. He has bounced between the Twins, Rays and Mets over the past two years.
Things will come full circle as Hill returns to Boston for his age-42 campaign. It’ll be his 18th year logging at least some major league action, a testament to his incredible longevity and persistence. Of course, that he keeps landing big league opportunities is just as much a reflection of his continued productivity.
Hill hasn’t posted an ERA above 4.00 since his 2016 breakout. This past season’s 3.86 mark was his highest in that time, but Hill also shouldered his heaviest workload in fourteen years. Between Tampa Bay and New York, the southpaw tallied 158 2/3 frames over 32 appearances (31 starts), a top 50 total league-wide. He did so with roughly average strikeout and walk numbers (22.7% and 8.3%, respectively).
Boston has now added three potential rotation arms on one-year guarantees this winter. The Sox signed Michael Wacha for $7MM and are reportedly in agreement with James Paxton on a $10MM guarantee that contains a 2023-24 club option. They join an incumbent group led by Chris Sale, Nathan Eovaldi and Nick Pivetta. Tanner Houck and Garrett Whitlock could be options for either the rotation or the bullpen as well, giving the front office and manager Alex Cora plenty of moving pieces with which to construct a staff.
Alex Speier of the Boston Globe first reported the Red Sox and Hill were in agreement on a one-year deal. Ken Rosenthal of the Athletic reported the $5MM guarantee and possible incentives.
Dodgers Designate Sheldon Neuse For Assignment
The Dodgers are designating infielder Sheldon Neuse for assignment, tweets Fabian Ardaya of the Athletic. The move clears 40-man roster space for Chris Taylor, whose previously-reported four-year deal has been made official.
The 26-year-old Neuse came over to the Dodgers via trade in February from the Athletics. While Neuse continued to post strong numbers in Triple-A, he struggled to find his footing at the plate while operating as a bench piece for the Dodgers. In 33 games, but just 66 plate appearances, Neuse hit .169/.182/.323 with an alarming 26 strikeouts.
The former second round draft pick will likely draw interest from other teams owing to his history of success in the upper minors, to say nothing of his versatility. Since being drafted in 2016 Neuse has played every position on the field except for catcher, center field, and pitcher. It’s not impossible Neuse returns to the Dodgers, of course, but if this is the end of his tenure in Dodger blue his LA supporters may take solace knowing the Oakland end of the trade has yet to bear much fruit either.
Phillies Sign Johan Camargo
The Phillies are signing infielder Johan Camargo, reports MLBTR’s Tim Dierkes (Twitter link). It’s a $1.4MM guarantee. Camargo was recently non-tendered by the Braves. The Phils have since announced the move, with right-hander Adonis Medina designated for assignment to clear 40-man roster space.
Camargo’s swift signing was no doubt fueled by Major League Baseball’s decision to institute a lockout, though there are pure player merits to consider here as well. While Camargo has yet to replicate his early career success with Atlanta, he remains a viable bench option capable of covering several positions. His dominant .326/.401/.557 output in 104 Triple-A games this year likely gave the Phillies front office hope as well.
The 24-year-old Medina draws the short end of the transaction stick after a cup of coffee in the Majors and a rough showing at Triple-A. In 67 innings at the minor’s highest level, the right-hander pitched to a 5.05 ERA, continuing the trend of a rising ERA with each promotion. Medina regularly posts above average groundball rates however, and is likely to pique the interest of a front office who values that skillset, assuming he doesn’t end up remaining with the only organization he’s known.
Twins Sign Danny Coulombe, Jake Faria
The Twins have signed a pair of pitchers to minor league contracts, tweets Do-Hyoung Park of MLB.com. Left-hander Danny Coulombe and right-hander Jake Faria will join the Twins organization with invitations to Spring Training.
Coulombe should be the more familiar name among Minnesota fans, as the 32-year-old pitched for the team in both 2020 and 2021. The reunion comes on the heels of the lefty being non-tendered yesterday, but serves as a reminder that a non-tender hardly spells the end of a player’s time with an organization. Across 34 innings last season the veteran pitched to a 3.67 ERA, with the strongest command of his career (5% walk rate) and a host of roughly league average peripherals.
The 28-year-old Faria, meanwhile, contributed to a rocky Diamondbacks bullpen last season before being cut loose in late September. Through 32 innings Faria pitched to a 5.51 ERA, with the chief endorsement of his season being that his walk rate dipped to a personal-best 8.4%. For the Twins, signing Faria serves as a no-risk gamble on a player who regularly served as a starter in the minors and has some track of record of success during his time with the Rays.
Dodgers Re-Sign Chris Taylor
The Dodgers are retaining at least one of their top free agents, announcing agreement on a four-year contract with Chris Taylor. It’s reportedly a $60MM guarantee for the Meister Sports Management client that also contains a 2026 club option which could bring the value of the deal as high as $73MM.
According to reports, Taylor will be paid $15MM salaries in each of the next two seasons, followed by successive $13MM guarantees in 2024-25. He’s also guaranteed at least a $4MM buyout on the 2026 option, which is valued at $12MM. He’d receive a $2MM assignment bonus for every time he’s traded over the course of the deal. Additionally, the value of Taylor’s option season would increase by $3MM if he’s traded within the next two seasons, by $2MM if he’s traded between the end of the 2023 and the end of the 2024 campaigns, or by $1MM if he’s traded between the end of 2024 and the beginning of 2026. The option price would also escalate by $1MM if he tallies 525 plate appearances, earns an All-Star nomination or wins a Silver Slugger Award during the 2025 campaign.
Taylor’s guarantee falls a bit shy of MLBTR’s four-year, $64MM projection entering the offseason. He had hit the market as a fairly atypical free agent, having never settled into one spot on a star-studded Dodgers roster while bouncing around the diamond in a utility capacity. Despite his lack of a settled role, Taylor has gotten into the lineup on a near everyday basis, earning the organization’s trust with rare offensive punch for a utilityman.
The Dodgers acquired Taylor from the Mariners in a seemingly minor 2016 deal. That proved to be one of the more shrewd pick-ups of president of baseball operations Andrew Friedman’s tenure in L.A., though, as Taylor has been a highly productive player essentially from that moment on. The right-handed hitter has posted above-average offensive numbers (by measure of wRC+) in each of the past five seasons.
Taylor gets to that production with a strong blend of plate discipline and power. He rarely chases pitches outside the strike zone, and he’s become especially adept at drawing walks over the past few seasons. He also brings 15-20 home run power to the table despite playing in a pitcher-friendly environment in L.A. That’s helped Taylor offset higher than average strikeout rates to remain a quality offensive player.
Going back to his 2017 breakout, the Virginia native owns a .265/.343/.461 cumulative line. That’s 16 percentage points above the league average output, not far off his numbers in his platform campaign. Taylor hit .254/.344/.438 with 20 homers in 582 plate appearances in 2021, translating to a 113 wRC+ (13 points above average). He started especially hot, posting a .277/.382/.452 mark through the season’s first half en route to his first career All-Star selection.
While Taylor’s multi-year track record always looked likely to pay him handsomely this offseason, he did seem at one point as though he’d hit the market on a down note. The 31-year-old slumped to a .223/.290/.419 line over the regular season’s second half, seeing his strikeout rate spike to 33.1% in the process. But Taylor put any questions about his tough finish to rest with a monster postseason, popping four homers in 43 playoff plate appearances (including a walk-off shot in the National League Wild Card game) to help the Dodgers to the NL Championship Series.
Valuable as Taylor is offensively, he’s perhaps more well-known for his defense. Taylor has functioned as a true utility player over the years, starting games at every position other than first base and catcher. He spends the bulk of his time at the higher-value positions up the middle of the diamond, particularly at second base and in center field.
His return will give skipper Dave Roberts plenty of flexibility, and it’s likely Taylor will continue to assume that rover role now that he’s back in Dodger blue. Looking at the 2022 roster, it seems the bulk of that time could come at second base.
Taylor played very little at the keystone down the stretch after L.A. acquired Trea Turner from the Nationals at the trade deadline. With Corey Seager now in Texas, Turner looks likely to slide back to his typical shortstop position. That’d leave Taylor and Gavin Lux as the favorites for playing time at second, with either player also capable of spelling the presumptive starting outfield of AJ Pollock, Cody Bellinger and Mookie Betts.
The specific breakdown of Taylor’s deal has yet to be reported, but the $15MM average annual value is the meaningful figure from a competitive balance tax perspective. Luxury tax calculations are based on deals’ AAV’s as opposed to actual payouts structures. After accounting for the Taylor deal, the Dodgers’ 2022 CBT number sits around $231MM, in the estimation of Jason Martinez of Roster Resource. That’d have handily exceeded the $210MM first threshold in 2021, although it’s impossible to know precisely where the CBT markers will land in the next collective bargaining agreement.
The Taylor signing also has an indirect effect on the Dodgers’ 2022 draft. He’d received and rejected an $18.4MM qualifying offer at the outset of the offseason. The Dodgers won’t directly forfeit a pick for re-signing their own free agent, but they are bypassing the pick they’d have received had they allowed Taylor to sign elsewhere. That’s a small price to pay for a player of Taylor’s caliber, though, particularly for the Dodgers. Because they exceeded the CBT threshold in 2021, they’d have only stood to recoup a pick after the fourth round had they allowed Taylor to walk.
Jeff Passan of ESPN first reported the Dodgers and Taylor were making progress on an agreement. Ken Rosenthal of the Athletic first reported the sides had reached an agreement, as well as first with the contract terms. The Associated Press reported the specific breakdown of terms.
Image courtesy of USA Today Sports.
Guardians Sign Enyel De Los Santos
The Cleveland Guardians announced that they’ve signed free agent pitcher Enyel De Los Santos to a minor league contract with an invitation to Spring Training. The right-hander appeared in 33 games last season, splitting time with both Pennsylvania teams after Pittsburgh claimed him off waivers from the Phillies. He was subsequently outrighted off the Pirates’ roster in November and elected free agency shortly thereafter.
The 25-year-old pitched to a 6.37 ERA in 2021, demonstrating shaky control and a propensity to give up the long ball. These numbers align with his previous Major League performance, as De Los Santos was rocked in limited action with the Phils in both 2018 and 2019.
While Guardians fans may roll their eyes at this relatively modest signing, it’s not hard to see why a team would take a shot at harnessing the former Phillie’s stuff. The right-hander was a minor leaguer of some note not too long ago, participating in the 2018 Futures game and generally excelling as a starter through the Triple-A level. While his big league work out of the bullpen has left something to be desired, De Los Santos was able to post a gaudy 30.7% strikeout rate last season with Philadelphia. The newfound strikeout ability tailed off after the trade, but a second half fade was common for many pitchers after a bizarre 2020 season.
Angels Designate Sam Selman For Assignment
The Angels have designated reliever Sam Selman for assignment, tweets Jeff Fletcher of the Orange County Register. The move clears space on the 40-man roster for Raisel Iglesias, whose four-year agreement has been made official.
Selman came over from the Giants at this past summer’s trade deadline, part of a three-player package for Tony Watson. The southpaw worked 17 innings of 6.35 ERA ball down the stretch. His 14.3% strikeout percentage and 8.5% swinging strike rate in that time were both far worse than average.
Over parts of three seasons, the 31-year-old has tallied 54 2/3 frames across 59 outings. He owns a 4.77 ERA with slightly worse than average strikeout and walk rates (22% and 11.4%, respectively). Selman, who owns a much better 3.23 ERA over parts of five Triple-A seasons, has one minor league option year remaining.
Angels Sign Raisel Iglesias To Four-Year Deal
The Angels are keeping their closer in the fold, announcing the re-signing of Raisel Iglesias on a four-year, $58MM deal. The Magnus Sports client will make $10MM in 2022, followed by successive $16MM salaries from 2023-25.
Iglesias is the top free agent reliever on this winter’s market, a fact reflected in the reported four-year guarantee. Only one reliever (Liam Hendriks and Drew Pomeranz, respectively) has landed a four-year pact in each of the past two offseasons.
Iglesias earns his place among that group after posting one of the stronger seasons by any late-game option around the league. The Angels acquired the right-hander from the Reds last offseason in a move that required little more than assuming his $9.125MM salary for 2021. That proved to be an absolute bargain, as Iglesias acclimated well to his new home in Orange County. Assigned the Angels’ ninth-inning role, he tossed 70 innings of 2.57 ERA ball, successfully locking down 34 of 39 save attempts.
That marked Iglesias’ fifth season (out of six since he transitioned to the bullpen in 2016) of sub-3.00 ERA work. The Cuba native has rather quietly been one of the sport’s most consistent, reliable relief arms. That’s in spite of the fact that Iglesias has spent the majority of his career in Cincinnati, which sports one of the game’s most hitter-friendly ballparks.
Impressive as Iglesias’ run prevention numbers are, his underlying metrics may be even better. The right-hander has punched out a strong 29.7% of batters faced over the course of his career, and he’s coming off a personal-best 37.7% strikeout rate. That’s the eighth-highest mark of the 138 relievers with 50+ innings pitched, while his massive 20.6% swinging strike rate trailed only Josh Hader among that same group.
While many relievers can struggle to harness high-octane stuff, Iglesias has had no such problems. His walk rates in each of the past three seasons have been far lower than average, and this past season’s 4.4% figure was among the ten lowest among relievers. Iglesias’ 33.3 percentage point gap between his strikeout and walk rates ranked third, as did his 2.06 SIERA.
The only real drawback in Iglesias’ game has been the longball. He’s generally a fly-ball pitcher, and that’s led to some issues keeping the ball in the yard. Iglesias has allowed homers at a higher than average clip in three of the past four years, including a 1.41 HR/9 mark in 2021. That’s a small red flag, but Iglesias is so effective at preventing baserunners that he often mitigates the damage done via the home run. Opponents reached base at just a .243 clip in 2021.
Iglesias’ reported contract terms land right in line with expectations. Entering the offseason, MLBTR forecasted a four-year, $56MM guarantee that Iglesias moderately tops. That came after he rejected Los Angeles’ $18.4MM qualifying offer, a decision that proved wise given the solid multi-year contract he managed. The Angels won’t directly forfeit a draft choice for re-signing their own free agent, although they are passing on the right to collect the compensation pick they’d have received had Iglesias signed elsewhere.
That’s a worthwhile trade-off for the win-now Angels, who’ll hope for continued excellence from Iglesias at the back end of the bullpen. He becomes the second and more expensive multi-year relief investment of the offseason for Los Angeles, who also signed southpaw Aaron Loup to a two-year deal. They’ll try to anchor a bullpen that was below-average in 2021, even including Iglesias’ stellar numbers.
The deal’s financial breakdown has yet to be reported, but it becomes another significant deal on the Angels’ books. Iglesias’ $10MM salary brings the club’s estimated 2022 commitments around $172MM, per Jason Martinez of Roster Resource. The deal’s $14.5MM luxury tax hit (which is based on average annual value as opposed to actual payment schedule) puts the Angels’ projected CBT number above $185MM.
The luxury tax thresholds in the next collective bargaining agreement have yet to be determined, but the Angels haven’t exceeded the threshold in more than a decade. They’ve never opened a season with a player payroll higher than last year’s $181MM mark, per Cot’s Baseball Contracts. Whether owner Arte Moreno is willing to push beyond that in 2022 remains to be seen, but there figures to be plenty of urgency to put a strong supporting cast around the Angels’ star core. Los Angeles could also have to deal with a tougher division than they have in years past, as the Rangers and Mariners have been among the most active teams this offseason.
Ken Rosenthal of the Athletic was first to report the Angels were nearing agreement with Iglesias on a four-year deal. Jeff Passan of ESPN was first to report the deal had been agreed upon. Jon Morosi of MLB.com reported the $58MM guarantee. Jeff Fletcher of the Orange County Register was first with the financial breakdown.
Image courtesy of USA Today Sports.
Kris Bryant Drawing Widespread Interest
With just a few hours to go in advance of tonight’s expected CBA expiration, MLB Network’s Jon Heyman tweets that numerous teams are showing interest in free agent Kris Bryant. Heyman lists a whole host of teams who have checked in with Bryant’s camp recently, including the Mets, Angels, and Padres. These teams add to the growing list of previously reported teams like the Rockies, Mariners, Phillies, and Astros to express interest in the longtime Cub.
It’s no surprise that Bryant continues to draw such wide interest. Between his ability to play multiple positions and status as one of the best free agents left on the market, several teams likely view Bryant as the best solution to a roster problem that money can buy. Still, despite being of the perspective that the “Bryant market is really starting to move”, Heyman notes that a deal is unlikely to come together tonight. Even if Bryant is content to wait through the work stoppage like Heyman asserts, it’s nonetheless notable to hear new teams kicking the tires on such a high impact player.
In the wake of their recent spending bonanza it would be unwise to count out the Mets on any free agent pursuit, even if every additional dollar spent under Steven Cohen’s watch represents a new franchise high. Bryant may seem like a curious fit for a team that has no shortage of corner options, but it’s worth remembering that several of those options contributed to a team that finished 27th in runs scored last season. Accordingly, it’s possible some players could cede playing time to (or be traded to accommodate) a steady producer like Bryant.
The Angels and Padres represent somewhat imperfect fits on the surface as well, as both have high profile third basemen already in the form of Manny Machado and Anthony Rendon. One could further argue that both teams have a greater need in the rotation than in their lineups. That said, LA and San Diego field two playoff-hopeful teams who finished 17th and 14th respectively in runs scored last season. Signing Bryant would take resources away from pitching investments for either franchise, but would represent more of a sure thing than relying on Jurickson Profar in left field or either Brandon Marsh or Jo Adell in right.
Padres Sign Robert Suarez
The Padres announced they’ve signed reliever Robert Suárez to a one-year, major league contract. The deal also contains a player option for the 2023 campaign.
Suárez has never appeared in the big leagues. The Venezuela native has spent the past five seasons pitching in Japan’s Nippon Professional Baseball, emerging as a shutdown closer the last two years. Between 2020-21, the right-hander saved 67 games for the Hanshin Tigers. He reportedly attracted some big league interest last offseason on the heels of a 2.24 ERA in 2020, but Suárez elected to return to the Nishinomiya-based club for a second season.
The 30-year-old (31 in March) backed up his prior success with another great showing this year. Suárez dominated to the tune of a 1.16 ERA across 62 1/3 frames. His peripherals were equally impressive, as the righty struck out 25.3% of opposing hitters against a minuscule 3.5% walk percentage.
The Padres have made two bullpen pick-ups this afternoon. Suárez’s deal comes just hours after the team finalized a two-year contract with former Cardinals reliever Luis Garcia.