Jon Lester, Mike Adams Join ACES

Red Sox lefty Jon Lester and Rangers reliever Mike Adams have changed agencies, following agent Josh Yates to ACES.  Both pitchers had formerly been represented by SFX Baseball.  SFX negotiated Lester's then-precedent-setting five-year, $30MM deal three years ago.

It's common for players to follow their agents, and Yates is on his third agency, having been let go by CSMG (now known as Octagon) in '07.  An SFX spokesperson said that Yates decided to leave the company and they wish him well.  SFX will still collect the fees on Lester's current contract, which runs through 2014 if a club option is exercised.  Adams has emerged as one of the game's top setup men and is in line for a multiyear free agent deal after the season.

Also, correcting an earlier tweet from me, the Braves' Randall Delgado remains with SFX. 

Angels Emerging As Front-Runner For Oswalt?

8:58pm: "I can't qualify for everything you hear," said GM Jerry Dipoto to MLB.com's Alden Gonzalez while reiterating that he is looking for overall pitching depth. "You never have enough pitching, so it's tough for me to say that there's not a time in this season where our situation may not change, but right now, we're very happy with where our pitching is."

10:25am: The Angels are "suddenly the front-runner" for free agent right-hander Roy Oswalt, reports ESPN's Jim Bowden (on Twitter). The Red Sox remain in the mix, though the Rangers and Cardinals are fading out of the picture despite Chris Carpenter's neck problems.

Oswalt, 34, is reportedly willing to sign anywhere and is eyeing a midseason return. Earlier in the offseason he was said to only be interested in playing for a team close to his Mississippi home. Andy Pettitte's return to the Yankees for a $2.5MM minor league deal may have set the market for free agent pitchers coming back during the season, though Oswalt isn't coming out of retirement like his former Astros rotation-mate.

The Angels have reportedly been seeking pitching depth behind their strong front four of Jered Weaver, Dan Haren, C.J. Wilson, and Ervin Santana, though they are said to be targeting out of options players and non-roster invitees. Oswalt at a salary similar to Pettitte's could be the bargain of the year.

Quick Hits: Phillies, Garcia, Abreu, Beras, Mets

Saturday afternoon linkage..

  • The Phillies appear to be comfortable with beginning the season with Freddy Galvis at second base and are searching for a backup utility infielder via trade rather than a starter, sources tell Danny Knobler of CBSSports.com.
  • Word is that the Yankees offered Freddy Garcia to the Marlins but Miami wasn't interested, tweets Danny Knobler of CBSSports.com.  Garcia, who is a trade candidate following the club's signing of Andy Pettitte, is signed to a one-year deal worth $4MM plus incentives.
  • Angels manager Mike Scioscia and General Manager Jerry Dipoto met with Bobby Abreu following the outfielder's comments to Lider en Deportes.  DiGiovanna writes that the team may have no choice but to release the veteran if he continues to struggle and be a distraction.
  • The case of Jairo Beras and his $4.5MM contract with the Rangers is in the hands of Major League Baseball, but the club is confident that he is 17 years old, writes Jeff Wilson of the Star-Telgram.  Beras' biological father also told the paper that Beras is in fact 17.
  • The Mets are facing a serious numbers crunch on the 40-man roster, writes Adam Rubin of ESPNNewYork.com.

West Links: Dodgers, Kinsler, Athletics, Giants

Three years ago today, the Padres traded Khalil Greene to the Cardinals for Luke Gregerson and Mark Worrell. Greene hit .200/.272/.347 during his one season in St. Louis and has been out of baseball for two years while Gregerson has emerged as one of the game's best setup relievers. Here's the latest from baseball's two West divisions…

  • Bidding for the Dodgers is down to three groups according to Bill Shaikin of The Los Angeles Times (on Twitter): Steven Cohen & Patrick Soon-Shiong, Magic Johnson & Stan Kasten, and Stan Kroenke.
  • The Rangers and agent Jay Franklin met on Friday to discuss a contract extension for Ian Kinsler, writes MLB.com's T.R. Sullivan. Franklin is “not very optimistic” a deal will be reached before the season. Kinsler is under contract for 2012 with a $10MM club option for 2013.
  • Commissioner Bud Selig is "working actively behind the scenes" to find a resolution between the Giants and Athletics regarding Oakland's stadium situation according to Ken Rosenthal of FOX Sports.
  • Pat Burrell has formally agreed to scout for the Giants this season, reports Hank Schulman of The San Francisco Chronicle. The slugger retired this offseason and is currently providing internal evaluations of San Francisco's prospects.
  • Jon Paul Morosi of FOX Sports wrote about the evolution of the DH position, where clubs are using a rotation system similar to the Rangers last season.

Heyman On Lannan, Rangers, Pirates, Padres

Here’s a look at the latest from Jon Heyman of CBSSports.com..

  • The Tigers are still showing interest in Nationals left-hander John Lannan, Heyman writes.  Tigers people believe that they can find a solid fifth starter from the young pitchers that are competing for the spot, but owner Mike Ilitch’s win-now attitude could lead the team to deal for the Nats hurler.  Washington might be less eager to deal Lannan in the wake of Chien-Ming Wang‘s hamstring injury but they could move Lannan and plug Ross Detwiler in the No. 5 slot.
  • The Rangers are in the market for a righty hitting outfielder, Heyman tweets.  Texas has plenty of pitching depth to dangle in front of teams but might prefer to hold on to their surplus.
  • The Pirates would like to shore up their catching situation and also add a lefty reliever to the mix, according to Heyman (via Twitter).  
  • Padres‘ CEO Jeff Moorad stepped down from his role because he realized that he wouldn’t have enough votes to back him, tweets Heyman.  Padres president and COO Tom Garfinkel is now set to assume CEO duties on an interim basis.

Latest On Roy Oswalt

The Cardinals and Rangers — Roy Oswalt’s preferred teams earlier this year — both have questions in their rotations, but it doesn’t sound as though either team is in the mix for the free agent right-hander at this time. The Cardinals aren't sure how much time Chris Carpenter will miss, and Neftali Feliz got his shoulder checked out this week, so both of last year’s World Series contestants may have less pitching than expected. 

Jon Paul Morosi of FOX Sports reports that the Cardinals prefer to rely on internal options and that the Rangers aren’t currently keen on Oswalt (all links go to Twitter). The Cardinals will rely on Lance Lynn, who’s currently being stretched out as a starter. The Rangers can turn to Alexi Ogando or Scott Feldman if Feliz’s injury proves to be more serious than expected. 

As Joel Sherman of the New York Post points out (Twitter links), Andy Pettitte’s $2.5MM salary establishes precedent for Oswalt should he also sign soon. Oswalt prefers the Cardinals, according to Sherman.

Rangers To Extend Derek Holland

8:56pm: The total value of Holland's deal will be $49MM if both option years are exercised according to Jeff Wilson of The Fort Worth Star-Telegram (on Twitter). The contract values each of his free agent years at $10-11MM compared to $11-13MM for Lester, Gallardo, Romero, and Cahill.

8:42am: We can officially pencil Derek Holland into the Rangers' rotation for the foreseeable future. The Rangers agreed to terms with the left-hander on a five-year, $28.5MM contract extension. The deal covers the 2012-16 seasons and includes two club options, as MLBTR's Tim Dierkes first reported. Martini Sports Management represents the 25-year-old Holland.

Derek Holland - Rangers

Yovani Gallardo, Ricky Romero, Jon Lester, Clay Buchholz and Trevor Cahill signed five-year deals in the $30MM range at similar stages in their respective careers and were no doubt points of reference in talks leading up to today's agreement. Holland has more career innings than any of those pitchers did at the time of their extensions, but none of them had a career ERA above 3.94 at the time of their deals, while Holland has a career mark of 4.73. The deals for Cahill and Buchholz include two club options, while the others include just one.

Holland posted a 3.95 ERA with 7.4 K/9, 3.0 BB/9 and a 46.4% ground ball rate in 198 innings this past season. If he can replicate that level of performance, the deal will prove to be a success for the team. Yet Holland obtains financial security by agreeing to terms now instead of going year to year.

The Rangers signed Nelson Cruz and Elvis Andrus to extensions earlier in the offseason. However, the club didn't obtain additional years of control on either of those two deals.

Evan Grant of the Dallas Morning News first reported that the sides were on the verge of an agreement with Jeff Wilson of the Fort Worth Star-Telegram and Jon Heyman of CBSSports.com adding detail. Photo courtesy Icon SMI.

Rangers Close To Extension With Derek Holland

The Rangers are "on the verge" of signing left-hander Derek Holland to a contract extension, reports Evan Grant of the Dallas Morning News.  The deal would be for at least five years (though the 2016 season), overriding Holland's near-league minimum salary for this season and covering his three arbitration years and his first year of free agency. 

We heard in December that the two sides were discussing a five-year extension with an option for a sixth year, though talks were thought to be shelved in January.  MLBTR's Ben Nicholson-Smith considered that extensions given to such pitchers as Jon Lester, Ricky Romero and Yovani Gallardo (five years for around $30MM) were "unavoidable points of reference" for a possible Holland extension.

The Rangers have also signed Nelson Cruz and Elvis Andrus to extensions this offseason, though those contracts were just for two and three years, respectively, and only covered each player's arbitration seasons.  Obviously Texas has more interest in locking Holland up for the longer-term, given that Cruz is 31 and Andrus could be made expendable in a few years by top shortstop prospect Jurickson Profar.

Holland, 25, was a key part of the Texas rotation last season, posting a 3.95 ERA in 32 starts with a 46.4% ground ball rate and a 2.42 K/BB ratio.  He also threw a gem in Game Four of the World Series, shutting out the Cardinals on just two hits over 8 1/3 innings.  Holland is represented by Martini Sports Management.

AL West Notes: Crisp, Martin, Kuo, Luetge

Mike Napoli could bring a bit of added intensity to the plate when he faces C.J. Wilson this season.  Wilson recently posted Napoli's phone number on Twitter, a response to an alleged comment made by Napoli about how he was looking forward to homering off of Wilson this season.  Napoli was not amused by the joke and, though he didn't recall making the initial statement, vowed to indeed try and take Wilson yard.  Eighty years after Babe Ruth hit his famous "called shot" in the World Series, if Napoli does indeed homer off of Wilson this season, can we call it the Prank Called Shot?

Some (more serious) news from around the AL West…

  • Coco Crisp said he wouldn't have re-signed with the Athletics had he known he was going to be moved to left field, reports USA Today's Bob Nightengale.  Yoenis Cespedes will start the year as Oakland's center fielder, and Crisp said the promise of the center field job was one of the reasons he signed with the A's over the Rays, who couldn't promise Crisp regular time in center due to B.J. Upton's presence.  Crisp did say that he was glad to be back with the A's and, in regards to the position switch, says he has to "go out here and just accept it."
  • The Rangers feel Leonys Martin needs more development and are "concerned about [his] lack of instincts," tweets Jim Bowden of MLB Network Radio on SiriusXM, though the club still recognizes his talent.  The Cuban outfielder signed a five-year, $15.5MM deal with Texas last May and hit .295/.362/.421 in 343 minor league PAs, going all the way from rookie ball to an eight-plate appearance cup of coffee with the Rangers in September.
  • Hong-Chih Kuo was released earlier today by the Mariners, though if the southpaw clears waivers, Bob Condotta of the Seattle Times believes the M's could re-sign Kuo to a minor league contract.
  • Also from Condotta, the Mariners are still figuring out what to do with Lucas Luetge, a left-handed reliever taken from the Brewers in last winter's Rule 5 draft.  Kuo's release could help Luetge find a spot in the Mariners' bullpen, though the M's also have Charlie Furbush, Cesar Jimenez and George Sherrill competing for roles as left-handed relief options.
  • For some news about the Angels, check this compilation of Los Angeles Notes from earlier tonight on MLBTR.

Minor Moves: Indians, Rangers

Here's a rundown of some minor transactions from around baseball…

  • The Indians announced the acquisition of infielder Davis Stoneburner from the Rangers.  The move completes the February 21 trade that sent Kelvin De La Cruz to Texas, though De La Cruz was re-acquired by the Tribe earlier this week.  Stoneburner was a ninth-round draft choice for the Rangers in 2007 and he has a .273/.339/.422 slash line in 1849 minor league plate appearances.  He spent last season at Double-A Frisco.
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