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Glen Perkins

Injury Notes: Dodgers, Joseph, Romo, Perkins, Minor

By Steve Adams | May 31, 2016 at 7:49pm CDT

The Dodgers will place left-hander Alex Wood on the 15-day disabled list with soreness in his left elbow and will recall fellow lefty Julio Urias from Triple-A just a few days after optioning him back to the minors, reports Andy McCullough of the Los Angeles Times (via Twitter). McCullough tweets that Wood’s injury is not structural, though he informed the team earlier in the day that he’s has some lingering soreness in his triceps. It’s not entirely certain that Urias will step into the rotation for Wood, McCullough notes. That decision will be impacted by righty Kenta Maeda, who has some swelling in his right hand after being hit by a comeback line drive over the weekend.

A few more notes on some injury situations from around the league…

  • The Orioles have placed backup catcher Caleb Joseph on the 15-day disabled list after he underwent surgery for a testicular injury sustained over the weekend when he took an unfortunately placed foul ball, tweets Eduardo A. Encina of the Baltimore Sun. Encina wrote earlier in the day that the injury was sustained on a foul tip in the eighth inning of yesterday’s contest. As MASNsports.com’s Roch Kubatko writes, the O’s have recalled Francisco Pena from Triple-A, and he’ll receive an equal workload to the one that had been shouldered by Joseph. In other words, Matt Wieters’ workload will not increase in light of Joseph’s absence. “We’re not going to start pushing up his load and jeopardize something down the road,” said manager Buck Showalter of Wieters. “He may feel differently, but we’ll take it day to day. Shouldn’t change anything about that, but we’ll see.”
  • Giants right-hander Sergio Romo has had a setback in his rehab from a flexor strain in his right elbow, manager Bruce Bochy told reporters (Twitter links via Henry Schulman of the San Francisco Chronicle). Romo has been experiencing tenderness in his right elbow, which prompted the Giants to order an MRI on their longtime late-inning reliever. On the positive side, Schulman notes that the MRI didn’t reveal any structural damage. However, he’ll still be backed off for four to five days, making it unlikely that he’ll be back with the team anytime soon.
  • Twins closer Glen Perkins suffered a setback in his return from a shoulder injury earlier this month, but assistant GM Rob Antony told reporters, including Phil Miller of the Minneapolis Star Tribune (Twitter link), that Perkins’ throwing program since that time has been going well. The Minnesota native and career-long Twin will throw his first mound session since hitting the DL back on April 13 this coming Saturday. He’s pitched in just two games this season — a significant factor the Twins’ season-long bullpen woes.
  • Rustin Dodd of the Kansas City Star writes that Royals left-hander Mike Minor returned to Kansas City today to have his surgically repaired left shoulder checked out by the Major League training staff. Minor, who signed a two-year deal this winter on the heels of the aforementioned surgery, has been dealing with some fatigue in that shoulder. Manager Ned Yost said the team doesn’t consider the injury to be serious at this time and isn’t calling the fatigue a setback, though as Dodd notes, he’s just over a week away from the end of his 30-day rehab window, which comes to a close on June 9.
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Baltimore Orioles Kansas City Royals Los Angeles Dodgers Minnesota Twins San Francisco Giants Alex Wood Caleb Joseph Francisco Pena Glen Perkins Julio Urias Mike Minor Sergio Romo

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Twins Notes: Polanco, Perkins, Murphy

By Steve Adams and Jeff Todd | April 18, 2016 at 7:51pm CDT

The Twins are set to promote top infield prospect Jorge Polanco to the Majors, a source tells Darren Wolfson of 1500 ESPN (Twitter link). It appears that third baseman Trevor Plouffe, who left yesterday’s game with an intercostal strain, is likely heading to the disabled list, thus necessitating the move. Polanco is one of the more highly regarded infield prospects in baseball, ranking 66th on Keith Law’s preseason Top 100 list at ESPN, 95th on MLB.com’s Top 100 and 99th on Baseball America’s Top 100. Polanco has played shortstop in the minors but is said to be best suited for second or third base. The switch-hitting Polanco draws praise for above-average speed, very good contact skills and modest pop, with Law writing that he could hit 12-15 homers and be a defensive asset at second or third. The promotion is likely to be temporary, as Plouffe, Eduardo Escobar and Brian Dozier line up at third base, shortstop and second base respectively. The Twins have Eduardo Nunez and Danny Santana (who is currently on the DL himself and, notably, is out of minor league options) as utility options.

A few more notes on the Twins…

  • Injured closer Glen Perkins tells 1500 ESPN’s Phil Mackey that a second opinion confirmed that he won’t require surgery to repair his ailing shoulder,  but he’s still “at least” a few weeks away from pitching (Twitter link). Considering the fact that Perkins would need a rehab assignment after a lengthy layoff, that would seem to suggest that he could be out until early May at the earliest, and a lengthier absence sounds possible based on that timeline as well. Right-hander Kevin Jepsen is filling in for Perkins in the ninth inning, as I mentioned earlier today when looking at some bullpen shakeups that could have an impact on some players’ salaries in arbitration and free agency.
  • Outfielder David Murphy can opt out of his contract with the Twins on May 1st, Mike Berardino of the St. Paul Pioneer-Press reports on Twitter. The veteran came to the organization on a minor league deal with hopes of a quick call-up, and it seems that the contract’s out clause was designed to give him some leverage in that regard. Murphy has said he has little interest in a lengthy minor league stint, and he could seek another opportunity elsewhere if he’s not on the MLB roster in two weeks’ time.
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AL Notes: Betances, Gattis, Rangers, Perkins, Pablo

By Jeff Todd | April 15, 2016 at 12:10am CDT

Yankees righty Dellin Betances was one of several players who couldn’t agree to terms with his team on a pre-arbitration salary over the offseason, and George A. King III of the New York Post reports that the relief ace ended up being renewed at the league minimum of $507.5K. New York had offered Betances $540K, but dropped it down when he declined (on the advice of his agent) to agree to that amount. To be clear, he’s not complaining; the small protest was, of course, his only recourse. Betances, 28, will be in much better standing next winter, when he’ll reach arbitration for the first time. Though he doesn’t have a big history of saves to bring to the arb table, he has racked up quite a few innings for a reliever and has all the other numbers (including holds) needed to run up a significant tab.

Here’s more from the American League:

  • The Astros are readying Evan Gattis for duties behind the plate in the near future, as MLB.com’s Brian McTaggart reports. Gattis broke in as a backstop, of course, but the 29-year-old didn’t see any time there last year, as Houston utilized him almost exclusively as a DH (with 11 outfield stings also mixed in). Houston has relied on a combination of Jason Castro and Erik Kratz at the catching position to open the year, having acquired the latter after presumed reserve Max Stassi was lost to injury. He’s expected back before long, but the opportunity to plug Gattis in at times could open some interesting roster possibilities for the Astros.
  • While the Rangers already utilized some significant prospect capital to add Cole Hamels last year, the organization could be in a position to do the same for another quality starter at this year’s trade deadline, Ken Rosenthal of FOX Sports reports.  The club’s blue chip youngsters surely won’t be parted with lightly, but Rosenthal says that they could be pried loose if a top-quality, controllable rotation piece can be had over the summer.
  • The Twins may be looking at a reasonably protracted absence from closer Glen Perkins, as LaVelle E. Neal III of the Minneapolis Star-Tribune reports. According to Perkins, his shoulder troubles arose only recently, but he doesn’t expect to be ready after his 15-day minimum DL stint has passed.
  • Red Sox third baseman Pablo Sandoval has undergone an MRI on his ailing left shoulder, with results expected tomorrow, team president of baseball operations Dave Dombrowski told reporters. He’s already been placed on the disabled list, of course. One major factor seemingly underlying Sandoval’s on-field struggles, of course, is his ongoing battle with weight, and Evan Drellich of the Boston Herald provides interesting insight from Sandoval’s former trainer, Ethan Banning. According to Banning, who worked with Sandoval in the winters before the 2011 and 2012 seasons, the former Giants star had to participate in concerted training efforts to cut back the pounds he had added over both of those offseasons. Per Banning, Sandoval’s struggle relates not to exercise but eating habits. He expressed confidence that the 29-year-old can overcome the issue, but suggested that he’ll need concerted oversight to make it happen.
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Twins Place Glen Perkins On DL With Shoulder Strain

By charliewilmoth | April 13, 2016 at 10:31am CDT

The Twins have announced that they’ve placed closer Glen Perkins on the disabled list with a left shoulder strain, and promoted lefty Taylor Rogers to take his place on the active roster. MLB.com’s Rhett Bollinger was first to tweet the news.

It’s unclear how serious Perkins’ injury is at this time. He last pitched on Sunday in a game in which he allowed two runs and blew a save against the Royals. His velocity has been significantly down so far this season, from an average fastball velocity of 93.7 MPH in 2015 to 91.3 MPH this year, via FanGraphs. It might be too early in the season to assess the significance of those numbers, however.

Perkins has spent the last three and a half seasons as the Twins’ closer, and has pitched to a 2.98 ERA, 9.9 K/9 and 1.9 BB/9 with 118 saves in 253 1/3 innings since the start of 2012. He has made the All-Star team in each of the last three seasons. However, he’s also missed time due to neck and back injuries in each of the past two seasons. Last year in Perkins’ absence, July acquisition Kevin Jepsen stepped into Minnesota’s ninth-inning role, making him a likely candidate to step up now with Perkins on the shelf. Hard-throwing Trevor May represents another option for second-year manager Paul Molitor.

Rogers, who turned 25 in December, rates as Minnesota’ No. 13 prospect per MLB.com and No. 14 per Baseball America. Both scouting reports note that Rogers has the durability to pitch at the back of a big league rotation (he threw a combined 199 innings between the minors and the Arizona Fall League last year), though he’ll presumably be used in a relief role in his first taste of big league action. Rogers is particularly tough on left-handed hitters, who batted a paltry .177/.209/.193 against him last season at Triple-A.

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AL Central Notes: Perkins, Ramirez, Almonte, Indians

By Steve Adams | September 3, 2015 at 1:57pm CDT

Twins closer Glen Perkins told reporters today that he can “barely walk” due to back spasms, per La Velle E. Neal III of the Minneapolis Star Tribune (Twitter links). Perkins will not accompany the team to Houston for its weekend series and will instead remain in Minneapolis for treatment. Per the Pioneer Press’ Jace Frederick and MLB.com’s Rhett Bollinger (Twitter links), Perkins says he is “baffled” by the recurrence of back pain, as he felt fine after recording a save on Tuesday and believed himself to be 90 to 95 percent healed. Instead, he awoke Wednesday to the realization that he could barely get out of bed. It’s not known how long Perkins will be sidelined, but the injury makes the Twins’ acquisitions of Kevin Jepsen and Neal Cotts look that much more important. That duo, along with Trevor May, who has temporarily converted to a reliever (with strong results), will figure to play a key role as the Twins hope to remain in Wild Card contention.

Here’s more from their division…

  • Alexei Ramirez hopes to return to the White Sox in 2016, he tells Colleen Kane of the Chicago Tribune. “This was the team that gave me the opportunity to play in the big leagues and I want to spend the rest of my career here,” said Ramirez via interpreter. Chicago holds a $10MM option with a $1MM buyout on the 33-year-old Ramirez, essentially making it a $9MM decision for the Sox. Ramirez’s .243/.273/.345 batting line would make that seem like an easy call, Ramirez has made things tougher on GM Rick Hahn and his staff by hitting .285/.324/.435 with six homers and seven steals in 53 games dating back to July 1.
  • Zack Meisel of Cleveland.com chronicles Abraham Almonte’s long journey to the Indians, including his battle with alcohol abuse along the way. Almonte admits that a shoulder injury suffered in 2010 as a minor leaguer with the Yankees led him to drinking nearly every day and candidly recounts the story of how he overcame his problems. Now with the Indians after being traded three times in three seasons, Almonte says he’s having the most fun of his career, and he’s drawing praise from teammates and coaches alike. Almonte, still just 26 years old, is hitting .274/.326/.536 with three homers and three steals in 92 plate appearances as Cleveland’s primary center fielder. His defense, characteristically, has been outstanding according to metrics such as Ultimate Zone Rating and Defensive Runs Saved.
  • The Indians will likely promote left-hander Giovanni Soto and infielder Michael Martinez tomorrow, tweets MLB.com’s Jordan Bastian. However, neither is on the team’s 40-man roster, meaning they’ll have to make a pair of 40-man moves in order to accommodate the duo. This is my speculation, but moving T.J. House to the 60-day disabled list would clear one spot, but there’s no injury-related move that could free up a second spot (unless the team decides Carlos Carrasco is done for the year), making a DFA seem probable.
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Injury Notes: Pressly, Perkins, Pence, Phelps, Greene, Hultzen

By Steve Adams | August 18, 2015 at 10:52pm CDT

There’s been quite a bit of news on the injury front today, with Maikel Franco landing on the disabled list due to a fractured left wrist, and Michael Saunders being shut down for the season by the Blue Jays. That’s only the tip of the iceberg today, though, as a number of players have either been shut down or are heading for MRIs today. Here’s a look around the league…

  • Twins right-hander Ryan Pressly has been shut down for the season after suffering a setback in his recovery from a lat strain, GM Terry Ryan told reporters, including MLB.com’s Rhett Bollinger (Twitter link). The 26-year-old Pressly, a former Rule 5 pick by the Twins, was a bright spot in the ’pen for Minnesota this season when healthy. In 27 2/3 innings, he notched a 2.93 ERA with 7.2 K/9, 3.9 BB/9 and a 47 percent ground-ball rate to go along with a career-best 94.2 mph average fastball. He’ll accrue enough service time to clear two years of service but will fall shy of Super Two status.
  • That’s not the only potential blow facing the Twins’ bullpen, as the team announced after tonight’s loss that Glen Perkins will return to the Twin Cities to undergo an MRI on his ailing neck. As Mike Berardino of the St. Paul Pioneer Press writes, Perkins’ symptoms are similar to the ones he experienced late in 2014 when a nerve injury ended his season prematurely. La Velle E. Neal III of the Minneapolis Star Tribune tweets that Perkins will receive a cortisone shot as well. The Twins, who have one of the worst bullpens in all of baseball, can scarcely afford to lose their best reliever for an extended period of time. Perkins has followed up a 1.21 first-half ERA with an 8.10 mark since the All-Star break.
  • Hunter Pence underwent an MRI on his left oblique, per Alex Pavlovic of CSN Bay Area (all Twitter links). Pence will miss a least a few games, and the Giants hope to have his results in the near future. As Pavlovic points out, Pence appeared to suffer an injury in his final swing of last night’s game, as he clutched his side following the plate appearance.
  • The Marlins announced that right-hander David Phelps is out for the season with a stress fracture in the radius of his right forearm. Injuries have caused the Fish to lean on Phelps perhaps more than they’d expected, but in 23 appearances (19 starts) he’s posted a 4.50 ERA with 6.2 K/9 and 2.7 BB/9 across 112 innings — just one shy of his career-high.
  • Shane Greene has hit the minor league disabled list with the Tigers, per John Wagner of the Toledo Blade (Twitter link). Greene is getting checked out by team doctors after reportedly experiencing numbness in his fingers — a potential indicator of nerve damage, among other injuries.
  • There’s continued bad news on the injury front for former Mariners top prospect Danny Hultzen, who will be shut down until Spring Training, tweets Ryan Divish of the Seattle Times. As Bob Dutton of the Tacoma News Tribune points out (via Twitter), Hultzen will be out of minor league options next season, meaning the former No. 2 overall pick will need to either make the club or be exposed to waivers. Injuries have completely derailed Hultzen’s career thus far, as the Virginia product has thrown just 43 2/3 innings over the past three seasons combined.
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AL Notes: Hughes, Tomas, Lewis, Perkins, Leyva

By Jeff Todd | September 19, 2014 at 9:27pm CDT

Phil Hughes of the Twins has capped off one of the game’s best turnarounds by topping 200 innings on the year after today’s outing. As Mike Berardino of the St. Paul Pioneer Press notes on Twitter, Hughes picked up a $250K bonus after passing the 195 IP threshold. Needless to say, Minnesota is thrilled that it not only landed Hughes, who just turned 28, but that it did so on a three-year deal that promises him just $24MM in total. As Pedro Moura of the Orange County Register observes (Twitter link), Hughes has struck out 181 batters while issuing a mere 16 walks this year, meaning that he owns an absurd 11.3 K/BB ratio. That is a historically significant mark, and one that would surely have made the righty one of the offseason’s most interesting free agents had he elected to take a one-year pillow contract last year.

  • You can count the Yankees among the teams taking a hard look at Yasmani Tomas, reports George A. King III of the New York Post. Of course, they will be far from the only team doing so. MLB.com’s Jesse Sanchez provides an interesting look at the much-hyped young slugger, who is preparing for an important showcase on Sunday. “It was really difficult to leave Cuba,” said Tomas (translation from Spanish via Sanchez). “It is for all of us who do it. But it’s difficult there with the way the security is and how they control the players. I made an important decision to fulfill my dream and see if I was at the level of major league players. Here I am, and now I go forward.”
  • Rangers hurler Colby Lewis says that he was told “maybe” when he asked club GM Jon Daniels about the possibility of a return next year, Jeff Wilson of the Fort Worth Star -Telegram reports on Twitter. The 35-year-old righty has only a 5.12 ERA over 158 1/3 innings this year, but then again he had been out since July of 2012 with various injury issues. Lewis owns a 4.33 FIP and has notched 7.0 K/9 against 2.4 BB/9 on the season, making him a potentially appealing option for teams looking for a solid innings-eater.
  • Twins closer Glen Perkins will be shut down for the rest of the year but ultimately received good news on his left arm, GM Terry Ryan told reporters including Phil Miller of the Star Tribune (Twitter link). Perkins will use a strength and conditioning program to deal with a forearm strain and nerve irritation, and is expected to be at full strength for the spring.
  • The Orioles are nearing finalization of a deal with Cuban hurler Lazaro Leyva, reports Eduardo Encina of the Baltimore Sun (via Twitter). Leyva has reportedly agreed to terms on a $725K deal to join the Baltimore organization.
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Baltimore Orioles Minnesota Twins New York Yankees Texas Rangers Colby Lewis Glen Perkins Phil Hughes Yasmany Tomas

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Central Notes: Aramis, Indians, Perkins

By Jeff Todd | September 17, 2014 at 11:05pm CDT

Here’s the latest out of the game’s central divisions:

  • Brewers GM Doug Melvin denied a report from Jon Heyman of CBSSports.com that the team had decided to exercise its end of a $14MM mutual option over third baseman Aramis Ramirez for next season. The option, which comes with a $4MM buyout, has yet to be decided on according to Melvin. As MLB.com’s Adam McCalvy reports, Melvin expressed surprise at hearing the report and indicated that he had not discussed the option with either team owner Mark Attanasio or Ramirez’s agent, Paul Kinzer. Ramirez, 36, has had a solid overall campaign and remains an above-average option at the hot corner. Needless to say, Milwaukee’s decision on his option will have important ramifications for the third base market.
  • Though the Indians boast an intriguing group of young starters, GM Chris Antonetti said that the team will look to add more arms in the offseason, as Paul Hoynes of the Cleveland Plain Dealer reports. “We’ve seen it first-hand this year,” Antonetti explained. “The five who started the season for us aren’t the same five who are pitching for us right now.” Also on the docket for the fall is an effort to improve the team’s infield defense, said Antonetti. According to Fangraphs’ measurement of defensive value, Cleveland ranks second to last in all of baseball. (Of course, one potentially positive sign is that newly installed shortstop Jose Ramirez has received stellar marks from advanced metrics, quite the opposite of Asdrubal Cabrera, who he replaced after the trade deadline.)
  • Twins closer Glen Perkins is set to undergo a “complete look” at his throwing arm, reports Mike Berardino of the St. Paul Pioneer Press. Fresh off of signing a four-year, extension with just over $14MM in new guarantees before the season, Perkins was strong for much of the year. But things have turned south in the last month, and he has now allowed seven earned runs in his last four outings. Perkins missed time due to neck and shoulder discomfort, and since returning has seen the issue extend to the rest of his arm. “We’re going to give him a test on the left arm, see what’s going on there,” said GM Terry Ryan. “He’s got a little soreness, so we’ll get it looked at. His neck is fine.” Ryan said that the team would wait for an assessment before determining a course of action for the rest of the year, though obviously the future is of greater concern: “[Doctors] are going to give him a complete look, whatever that means. I don’t want to be premature here. If it’s severe, we’ve got issues. If it’s not, then we’ll move forward.”
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Olney On Mazzaro, Drew, Morales, Huntington, Perkins

By Jeff Todd | April 9, 2014 at 2:46pm CDT

ESPN.com's Buster Olney touched on a number of interesting topics today in his Insider blog and podcast. Among them:

  • One reason that Pirates reliever Vin Mazzaro may have cleared waivers is simply that he stood to be paid nearly twice the league minimum salary. "Once you go to spring training, you’ve spent almost all the money you’re going to spend," a general manager told Olney. "There aren’t many teams with a lot of extra money lying around." 
  • That same fact has a bearing on the situations of compensation free agents Stephen Drew and Kendrys Morales. Olney polled executives around the league, finding that none were willing to pay either player at the qualifying offer rate of $14.1MM. The highest figure he heard was $10MM to $12MM AAV for Drew and a $8MM to $10MM rate for Morales on a multi-year deal, with most respondents landing well shy of those amounts. There were many other concerns raised as well, ranging from those players' injury histories to questions about their commitment to a new team (e.g., would they play through a late-season injury?) and worry about "the layoff and need for a modified spring training."
  • Turning to the podcast, Olney spoke with Pirates GM Neal Huntington, who said that the team left its playoff run determined to return with focus. Instead, Huntington said that his concern entering the spring was how to keep positive energy flowing after the front office was criticized for its quiet offseason. Huntington said that the team wanted to do more, but that there "wasn't the right move out there" and he felt the organization needed to continue to "stretch when it's appropriate, stay disciplined when it's appropriate." Looking ahead, the GM said that, "if need be we can go outside because of the depth of our player development system."
  • Huntington also discussed his team's well-publicized use of defensive shifts, saying that it is all about "maximizing our chances to put balls in play and turn them into outs" and indicating that much of the work is in shading out of the standard alignment. The approach for each situation is developed through what he calls a "multi-tiered process" within the organization. 
  • Olney also chatted with newly extended Twins closer Glen Perkins, who is under team control through 2018. Perkins said that he made clear to his agent as far back as his first extension that he was happy to take a deal and stay in town rather than "pric[ing] myself out" of the organization. The lefty says that maximizing money is not the most important thing, and saw value in the possibility of a World Series run with his hometown club while providing for his family's future when he had the chance. He kicked things off by suggesting a new deal to his agent, with a deal coming together quickly thereafter. 
  • Asked for his opinion on the idea of players accepting so-called team-friendly deals, Perkins said that the chances of upside are met (and often exceeded) by the possibility of "blowing your arm out." It becomes somewhat easier to take on risk as a player's earnings rise throughout their career, Perkins noted, but looking for "a little more" is tough when "you're always one pitch away." His ultimate advice to players is hard to disagree with: "get yours while you can."
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Twins Extend Glen Perkins

By Steve Adams | March 14, 2014 at 2:33pm CDT

The Twins announced that they have signed All-Star closer Glen Perkins to a new, four-year contract extension that runs through the 2017 season. Minnesota has now promised Perkins $22.175MM in total, including $14.1375MM in new money.

Perkins will earn $4.025MM in 2014, $4.65MM in 2015, $6.3MM in 2016 and $6.5MM in 2017. The contract contains a club option for the 2018 campaign that is also worth $6.5MM and comes with a $700K buyout. If Perkins is dealt, the 2018 term becomes a player option. He also receives a three-team no-trade clause. 

Perkins-Glen

By restructuring and extending Perkins' contract, the Twins have added an additional two years of team control. Perkins' extension overwrites his previous deal — a three-year, $10.3MM extension signed prior to the 2012 campaign that included a $4.5MM option for 2016. Under his old contract, the Minnesota native and Relativity Baseball client was set to earn $3.9875MM this coming season (after the original base salary was bumped up by performance escalators). The escalator and performance incentive provisions of the old contract are not a part of the new deal.

Perkins, 31, had previously been guaranteed $7.8MM over the next two seasons, and that figure now jumps to $8.675MM. Essentially, he receives a raise of $875K over his remaining guaranteed seasons, and the Twins pick up extra two guaranteed years at $13.5MM total, including the buyout on the 2018 option.

Over the past three seasons, the former first-round pick and Minnesota Golden Gopher has pitched to a sterling 2.45 ERA with 10.2 K/9, 2.4 BB/9 and a 43 percent ground-ball rate. He made his first All-Star team last season and has saved 52 games for the Twins since taking over as the team's full-time closer midway through the 2012 season. ERA estimators FIP (2.71), xFIP (2.90) and SIERA (2.51) all agree that his skill-set over the past three years has been that of a sub-3.00 ERA pitcher.

From his standpoint, it's not hard to see why Perkins would be interested in guaranteeing himself financial stability through at least the 2017 season; relievers are rarely extended in the first place — particularly when they're at least two years away from free agency. Indeed, Darren Wolfson of 1500 ESPN reports (via Twitter) that Perkins approached the Twins about working out a new deal.

On the other hand, the Twins effectively secure a pitcher who has emerged as one of the game's best late-inning relievers for a price that likely would have been inflated on the open market. This winter, situational left-handers such as Boone Logan and Javier Lopez signed contracts that guarantee them $16.5MM and $13MM, respectively, over three seasons. Were he to have hit free agency with the capability to neutralize both right- and left-handed batters and also with a good deal of closing experience, Perkins' open-market value would likely have exceeded those deals.

However, with two guaranteed years and an option remaining, there was quite a bit that could have gone wrong in the meantime, and Perkins clearly prioritized financial security and the allure of pitching in his home state. This could be a win-win extension, should Perkins continue on his current trajectory, as he would receive an abnormal amount of security for a reliever at a rate that he potentially could have topped on the open market.

MLB.com's Rhett Bollinger tweeted the annual breakdown and added that the 2018 club option will become a player option if Perkins is traded. Phil Miller of the Minneapolis Star Tribune tweeted the value of the option year buyout. Mike Berardino of the St. Paul Pioneer Press tweeted the details of the no-trade clause, added that the new contract did not contain incentives or escalators, and broke down the new money added through the deal.

Photo courtesy of USA Today Sports Images.

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Minnesota Twins Transactions Glen Perkins

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