White Sox Eyeing Soriano, Done Spending?

While "there seems to be interest" in bringing Rafael Soriano to Chicago, the White Sox may not have enough cash left to seriously pursue the right-hander, reports SI.com's Jon Heyman (via Twitter).

The White Sox have made well over $100MM in contract commitments so far this offseason, re-signing Paul Konerko and A.J. Pierzynski, as well as bringing in Adam Dunn and Jesse Crain. As a result, they have "little if any" spending money at the moment, according to Heyman.

Soriano appears poised to land a multiyear deal that exceeds, if not Mariano Rivera's $30MM agreement with the Yankees, at least Joaquin Benoit's $16.5MM pact with the Tigers. As Heyman points out (on Twitter), signing Soriano would be a great way for Chicago to replace the non-tendered Bobby Jenks, but the Sox will have to find some money before they can be considered a legit suitor for the market's top closer.

MLBTR's Dan Mennella examined Soriano's market on Thursday, while earlier in December, we asked MLBTR's readers where you thought Soriano would sign. Nearly 13% of over 13,000 respondents picked the White Sox.

The Market For Rafael Soriano

While a handful of arguably inferior free-agent relievers signed surprisingly hefty three-year contracts this offseason, the market for closer Rafael Soriano has been conspicuously quiet.

Joaquin Benoit, Scott Downs and Matt Guerrier inked three-year pacts with the Tigers, Angels and Dodgers, respectively, and it begs the questions of with which team and on what terms Soriano will sign.

Soriano is the second-best remaining free agent on the market, and the Halos, Yankees and Orioles remain potential suitors, per Ben Nicholson-Smith of MLBTR. Soriano is seemingly in line for a big pay day, but the market for free-agent relievers is inflated this offseason, and Soriano's status as a Type A free agent is an additional deterrent for would-be suitors.

The Angels have invested a lot in their bullpen this offseason, having already signed Hisanori Takahashi and Downs. The Halos' first-round draft pick is protected, so they'd only be forfeiting it to the Rays, but they'd be committing a lot of money to their relief corps if they were to sign Soriano. To boot, Angels GM Tony Reagins said that he was done adding to the bullpen upon signing Downs. In a Soriano poll we conducted Dec. 11, 26 percent of voters thought that he'd end up with the Angels.

The Yankees seem like a logical fit for Soriano, but most reports indicate they're not especially interested. Soriano, along with Mariano Rivera and Joba Chamberlain, would give the Yanks a fearsome late-innings trio, or he could free up Chamberlain to rejoin their spotty starting rotation. It'd be a steep price to pay for a set-up man, and Soriano presumably wants to close (that will serve him well in his next contract negotiations), but the Yankees should never be dismissed — especially after they missed out on Cliff Lee earlier this offseason.

The Orioles could use a closer, but are they inclined to invest so heavily in a reliever when they are still probably a year or two away from seriously contending? Unless the market completely drops out on Soriano, this seems unlikely.

Soriano has already declined the Rays' aribtration offer, but he could always re-sign with them. However, Tampa Bay appears interested in Brian Fuentes, who is seeking a multiyear deal at $5MM per year.

Of course, Soriano could always sign a one-year deal and try his hand in free agency again in 2011-12, but that is an especially risky strategy for relievers, given the tendency for their year-to-year performances to fluctuate.

Something has to give here, and as Tim Dierkes speculated (with respect to Fuentes), there appears to be a buyer's market taking shape.

Rosenthal On Fuentes, Soriano, Keppinger

The Red Sox, Rays, Yankees and Twins are among the many teams interested in Brian Fuentes, according to Ken Rosenthal of FOX Sports. There’s some question as to whether Fuentes is truly a closer, but his asking price suggests he views himself as one. Here’s the latest on Fuentes and more notes from around the majors:

  • Fuentes is asking for over $5MM per season on a multiyear deal, according to Rosenthal.
  • The Yankees are not after Rafael Soriano, according to Rosenthal (on Twitter). They have inquired on the Scott Boras client, according to Jon Heyman of SI.com
  • Talks between the Yankees and Jeff Keppinger went nowhere, Rosenthal reports (on Twitter). The Astros have acquired Clint Barmes and Bill Hall this offseason, making Keppinger expendable. The Yankees, however, could rely on Eduardo Nunez instead.

Heyman On Floyd, Gregg, Soriano

The Brewers, Red Sox and Phillies are the three biggest winners of the offseason so far for Jon Heyman of SI.com. Heyman provides some rumors, but not before including the Nationals and Pirates on his list of offseason winners. Here are the details:

Odds & Ends: Webb, Manny, Soriano, CarGo, Prior

Links for Sunday, as we start the countdown to next Christmas…

Yankees Rumors: Soriano, Hall, Garcia, Joba

We found out lots about the Bronx Bombers' search for pitching yesterday: it seems likely that Andy Pettitte will return to the Yankees, they don't like Brandon Webb that much and they're looking at left-handed relievers. We've since learned that they're making progress with Pedro Feliciano and that deals for Carlos Zambrano or Felix Hernandez seem unlikely at best. Here's the latest on their pitching hunt, plus news on a position player:

MLBTR's Mark Polishuk also contributed to this post

Red Sox Notes: Soriano, Crain, Guerrier, Cameron

The AL East is a busy division these days. The Yankees have to finalize their rotation, the Rays have to reconstruct their 'pen and the Orioles are acquiring players in bunches. The Red Sox have added two star players to their lineup, but they're still contemplating more moves. Here's the latest:

Poll: Where Will Rafael Soriano Sign?

The Rays acquired Rafael Soriano from the Braves exactly one year ago today, but right now it’s a little unclear where he’ll be playing in 2011. The Angels were widely considered a natural fit, but GM Tony Reagins told Dan Woike of The Orange County Register (Twitter link) that he’s satisfied with his bullpen following the Scott Downs signing.

While all 30 teams can use a pitcher of Soriano’s caliber, only a few can realistically afford him financially and give him their closer’s job. Remember, saves equal dollars both now and down the road, so Soriano will likely have to be blown away to join a team as a setup man. As if things aren’t complicated enough, a team would need to surrender a high draft pick to land the soon-to-be 31-year-old, which some clubs simply aren’t willing to do. Time to vote…

Which team will sign Rafael Soriano?

  • Angels 26% (3,467)
  • Another team not listed 25% (3,362)
  • White Sox 13% (1,744)
  • Nationals 10% (1,381)
  • Blue Jays 9% (1,233)
  • Orioles 8% (1,041)
  • Rangers 7% (978)

Total votes: 13,206

Crawford Fallout: Lee, Downs, Ordonez, Beltre

While Boston's agreement with Carl Crawford is, of course, a huge move in its own right, the impact it could have on other free agents can't be overlooked. Here are a few players and teams who may be affected by the Crawford signing:

  • Joel Sherman of the New York Post speculates (via Twitter) that the Angels and Rangers, who were in on Crawford, could make a stronger push for Cliff Lee now. Brian Cashman, however, says the move won't affect the Yankees' tactics with Lee (Twitter link). Regardless, Crawford's contract is widely viewed as great news for the southpaw. Newsday's Ken Davidoff writes that "it just gets better and better to be Cliff Lee this winter."
  • As Lou Merloni writes at WEEI.com, the Red Sox could become more interested in Scott Downs now that the Type A free agent wouldn't cost a first round pick. Boston will send its first round pick to Tampa Bay as compensation for Crawford, so they'd only have to surrender a second rounder if they signed Downs.
  • The Red Sox have almost certainly been eliminated as a suitor for Magglio Ordonez now, which is good news for the Tigers. According to Danny Knobler of CBS Sports, Detroit "badly wants to re-sign" Ordonez, and while the veteran has a handful of suitors, it appeared Boston's interest was serious.
  • Having missed out on Crawford, the Angels are expected to turn their "full attention" to Adrian Beltre and perhaps Rafael Soriano, writes Mike DiGiovanna of the Los Angeles Times.

Odds & Ends: Nishioka, Uggla, Soriano, Wigginton

The typical Winter Meetings barrage of links…

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