The Brewers are retaining one of their starters, signing Colin Rea to a one-year deal with a club option for 2025. The right-hander is guaranteed $4.5MM — a $3.5MM salary for next season and a $1MM buyout on the option, which is valued at $5.5MM. The deal also contains up to $500K annually in innings-based incentives. Rea is represented by Joe Speed.
Rea, 33, signed a minor league deal with the Brewers coming into 2023 and was added to the roster in mid-April. The club dealt with multiple injuries to its rotation throughout the year, with each of Brandon Woodruff, Eric Lauer and Wade Miley missing significant time. While the starting staff was fronted by Corbin Burnes and Freddy Peralta, Rea was able to step in and support them with some serviceable innings. He made 26 appearances, 22 starts, logging 124 2/3 frames with a 4.55 earned run average. He struck out 21.3% of batters faced while walking 7.4%, and kept the ball on the ground at a 43.8% rate.
Though Rea is shy of the six years of service time required for automatic free agency, it was reported in September that his contract would allow him to return to the open market. That’s a common contractual clause for players who spend time in foreign leagues. Rea pitched in Japan’s Nippon Professional Baseball in 2022, throwing 100 innings for the Fukuoka SoftBank Hawks with a 3.96 ERA. When he signed with the Brewers, he was able to secure himself a return to the open market in the language of his deal. He became a free agent today but the Brewers have quickly locked him up for another season.
Rotation depth could be a question for the club yet again in 2024. Woodruff recently underwent shoulder surgery and is expected to miss most of the upcoming season. He is heading into his final arbitration season and might wind up non-tendered, given that injury uncertainty and a projected $11.6MM salary. Burnes is also headed into his final arb year and has long been a speculative trade candidate due to the club’s low-spending ways and his rising salary, projected for $15.1MM next year.
Even if the club hangs onto Burnes, there are questions behind him and Peralta, with Miley now a free agent again. Adrian Houser will likely be in the mix while Janson Junk is on the 40-man and could earn himself a spot after posting a 4.18 ERA in Triple-A last year. Robert Gasser is the club’s best pitching prospect and should be in line for a promotion in 2024, though he’s yet to make his major league debut.
Perhaps the Brewers find room in there for Rea or he ends up in the bullpen or a swing role. Although it’s possible Burnes and Woodruff stick around for 2024, both are slated to be free agents after that. Rea’s 2025 option gives the Brewers a bit of extra depth for that season as well.
Curt Hogg of the Milwaukee Journal-Sentinel first reported that Rea would make a $3.5MM salary and was guaranteed a $1MM buyout on the $5.5MM option. MLBTR’s Steve Adams reported the incentive value.