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White Sox Sign Liam Hendriks

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TODAY: Hendriks’ contract is broken down by MLB Network’s Jon Heyman (via Twitter).  The closer will receive a $1MM signing bonus, $11MM in 2021, $13MM in 2022, $14MM in 2023, and then the $15MM option/buyout for 2024.  The option will automatically vest if Hendriks is traded.

Jan. 15: The White Sox have formally announced the signing of Hendriks to a four-year, $54MM contract. Chris Hatfield of SoxProspects.com and Joel Sherman of the New York Post point out an interesting wrinkle in the unique structure of Hendriks’ contract (Twitter link): for luxury-tax purposes, the fourth year comes with a zero-dollar hit. Because Hendriks is guaranteed the full $54MM even over a three-year term, the first three years will come with an $18MM hit (dipped slightly because of the 10-year deferrals if the option is bought out).

The White Sox have never flirted with the luxury barrier, but it’s notable in the event that they increase their spending in future years or in the event that another club wants to borrow the concept for future dealings. Of course, with the collective bargaining agreement set to expire next December, it could be rendered a moot point; it’s possible that new luxury limits and/or new means of determining luxury penalization will be bargained.

Jan. 12: If the White Sox don’t pick up Hendriks’ $15MM option for the 2024 season, they’ll pay him a buyout of that same value but defer it over a 10-year period, tweets USA Today’s Bob Nightengale. That’s an unprecedented structure for a club option that affords the ChiSox the opportunity for substantial up-front cost savings while still guaranteeing Hendriks the full freight of the $54MM — even if the actual present-day value of the contract is weighed down by the potential deferrals.

Jan. 11: The White Sox have reached an agreement with free-agent reliever Liam Hendriks, pending a physical, Tim Brown of Yahoo Sports reports. It’s a three-year, $54MM guarantee with a club option for a fourth season, per Mark Feinsand of MLB.com. Both the option and buyout are worth $15MM, according to ESPN’s Jeff Passan, so the right-handed Hendriks will earn that money regardless of how long he’s part of the team. Passan adds that the White Sox would be able to pay the buyout over multiple years. Hendriks is a client of ALIGND Sports Agency.

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So far, this is the largest guarantee given to any free agent during what has been a slow-moving offseason. It comes as a surprise when considering how the winter opened for relievers, as Cleveland waived star closer Brad Hand in lieu of paying him a $10MM option for 2021 and no other team claimed him. After that, it would have been easy expect relievers to continue faring somewhat poorly this offseason, but Hendriks will be paid handsomely. In fact, his deal blows past the three-year, $30MM prediction MLBTR made for him before the offseason.

Just a couple of years ago, it would have been almost impossible to imagine Hendriks at this point. The Athletics outrighted him in July 2018, but he came back with a vengeance as a member of the team that September and carried it over into the 2019 and ’20 campaigns. Hendriks was the majors’ most effective late-game arm during that span, as he pitched to a 1.66 ERA with a similarly astounding 33.1 percent strikeout-walk percentage, piled up 39 saves out of 47 chances, and won American League Reliever of the Year honors  in 2020.

Based on what he has done in recent seasons, the 31-year-old Hendriks looks like an enormous loss for the A’s – who didn’t give the hurler a qualifying offer after they knocked off the White Sox in the first round of last fall’s playoffs – and a massive pickup for Chicago. The White Sox earned their first trip to the postseason since 2008 last season, and they’re one of the few teams in baseball that have been active since then. Assuming the Hendriks deal goes through, he’ll be their third noteworthy pickup of the offseason, joining starter Lance Lynn and outfielder Adam Eaton.

Also a former Twin, Royal and Blue Jay, Hendriks should be in line to take over for free agent Alex Colome as Chicago’s closer. The Australia native will be the highest-profile member of a White Sox relief corps that finished seventh in the majors in ERA (3.76) last year, when holdovers Evan Marshall, Aaron Bummer, Matt Foster and Codi Heuer turned in terrific results. With Hendriks coming in, Chicago’s bullpen could be even better in 2021.

Photo courtesy of USA Today Sports Images.

Diamondbacks Sign Ryan Buchter To Minors Contract

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The Diamondbacks have agreed to a minor league deal with left-hander Ryan Buchter, USA Today’s Bob Nightengale reports (via Twitter).  Buchter will receive $925K if he makes Arizona’s Major League roster.

After signing a minors deal with the Angels last winter, Buchter posted a 4.50 ERA over six relief innings in 2020 before opting for free agency again in September rather than accept an outright assignment off the Angels’ 40-man roster.  Buchter caught on with the Yankees on another minor league deal but didn’t see any action with the team, hitting the open market again after the season.

Counting the D’Backs, Buchter has now been a member of 10 different organizations since being drafted in the 33rd round by the Nationals in 2005, and he has put together a solid MLB track record despite this journeyman resume.  Buchter has a 2.90 ERA over 220 career innings with the Braves, Padres, Royals, Athletics, and Angels, though his advanced metrics (26.8K%, 15.5K-BB%, 4.06 SIERA) aren’t as impressive.

Buchter has pretty even career splits against both left-handed (.620 OPS) and right-handed (.695 OPS) batters, and he’ll now have an opportunity to win a job in an Arizona bullpen that is short on southpaws.  Alex Young might end up being used in the starting rotation or potentially as a swingman, leaving Travis Bergen and Taylor Guilbeau as the only other lefty relief options on the 40-man roster.

Padres Acquire Joe Musgrove In 3-Team Trade

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TODAY: The trade is official.  The Padres get Musgrove, the Mets get Lucchesi, and the Pirates receive the five prospects (Rodriguez, Head, Cruz, Fellows, and Bednar).

JANUARY 18, 5:47pm: This is a three-team trade, according to FanSided’s Robert Murray, who reports that the Mets will acquire Lucchesi. The Pirates will get catcher/outfielder Endy Rodriguez, per Jonathan Mayo of MLB.com.

5:40pm: Pittsburgh will get five players in return, Jon Heyman of MLB Network reports. Head and lefty Omar Cruz are among those going to the Pirates, per Dennis Lin of The Athletic. Southpaw Joey Lucchesi is also part of the trade, Kevin Acee of the San Diego Union-Tribune reports, as are righties David Bednar and and Drake Fellows, Lin relays.

5:18pm: The Padres have agreed to acquire right-hander Joe Musgrove from the Pirates, Jeff Passan of ESPN tweets. The Pirates will receive “a large package of prospects,” potentially including outfielder Hudson Head, according to Passan.

This is the fourth significant trade for a starter in recent months for the Padres, who first acquired righty Mike Clevinger from Cleveland before last August’s deadline. Clevinger was quite effective for the Padres after the trade, but elbow issues limited him to one inning during the team’s NLDS loss to the division-rival Dodgers in October, and he won’t pitch at all in 2021 after undergoing Tommy John surgery in November.

After losing Clevinger for the upcoming season, the Padres swung trades with the Cubs for Yu Darvish, a National League Cy Young contender in 2020, as well as with the Rays for former AL Cy Young winner Blake Snell. They’ll presumably have Darvish, Snell, Musgrove, Dinelson Lamet (if he’s healthy after dealing with bicep troubles last year) and Chris Paddack in their season-opening rotation, though prospects MacKenzie Gore, Ryan Weathers and Adrian Morejon could be among younger Pads pushing for starts in 2021.

In Musgrove, San Diego is getting a California native who owns a 4.33 ERA in 496 2/3 innings between the Astros and Pirates, but he entered the offseason as one of the majors’ most intriguing trade chips after a career-best campaign. The 28-year-old threw 39 2/3 innings and recorded a 3.86 ERA/3.50 SIERA, all while registering a personal-high 14.4 percent swinging-strike rate and placing 10th in the majors in strikeout percentage (33.1 percent). That production would have made it more difficult for the low-payroll Pirates to extend Musgrove, who’s due $4.45MM in 2021 and has one more year of arbitration control left after that.

Lucchesi could have been part of the Padres’ rotation next season, but he’ll instead go to New York and compete for the No. 5 spot in its starting group. The Mets’ staff looked terrific before this deal with Jacob deGrom, Carlos Carrasco, Marcus Stroman and David Peterson comprising their top four, but Steven Matz had been the front-runner for the fifth position after a dismal 2020. He’ll now have to go against Lucchesi, who recorded ERAs in the 4.00s in 2018 and ’19 before tossing just 5 2/3 innings in the bigs last year. Lucchesi’s not eligible to become a free agent until after 2024.

With no chance to contend in the near future, it made sense for the Pirates to move on from Musgrove in favor of a package of younger players.  For Musgrove, they’re receiving at least four well-regarded prospects in Head, Cruz, Bednar and Rodriguez, whom MLB.com ranked among the top 20 farmhands in their teams’ farm systems.

Head (No. 7) went in the third round of the 2019 draft and then signed a record bonus for $3MM. The 19-year-old possesses an “extremely high” ceiling, according to MLB.com. Cruz (17) and Bednar (20) were also solid Padres prospects, with MLB.com calling Cruz a possible back-end starter and Bednar a hard thrower with promise. Fellows did not rank among the Padres’ top 30 prospects at MLB.com, and Baseball America wrote before the club drafted him that his 93 to 94 mph fastball is “often hittable because he struggles to hit his spots.” However, BA added that Fellows’ slider could at least help make him a legitimate major league reliever.

Rodriguez, 20, was the Mets’ 14th-ranked prospect at MLB.com before the trade. MLB.com writes that Rodriguez has “an advanced approach and natural bat-to-ball skills” that will be all the more valuable if he sticks at catcher, though a future in the outfield does seem like a possibility.

The main takeaway here is that the Padres remain serious about vying for a World Series – something they have never won – in the near future. Even if it doesn’t happen in the short term, though, the Padres appear to be set up to succeed for the long haul. Their MLB roster is one of the game’s best, and as BA notes on Twitter, the Padres still lead the league with seven top 100 prospects.

Tigers Sign Erasmo Ramirez To Minor League Contract

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The Tigers announced Tuesday that they’ve signed free-agent righty Erasmo Ramirez to a minor league contract and invited him to Major League Spring Training.

A veteran of nine MLB seasons, Ramirez returns to the American League after a one-year sojourn in the NL with the Mets.  Ramirez signed a minors deal with New York last year and ended up appearing in six games for the club, posting an 0.63 ERA over 14 1/3 innings but with only a 17K% and 9.4K-BB%.

Ramirez has worked as a swingman for much of his career and was a full-time starter as recently as 2018 when pitching for the Mariners, though he did struggle over those 10 starts.  The 30-year-old could be used as a potential depth option in Detroit’s rotation, adding to the experienced starters (Matt Boyd, Michael Fulmer, and the recently acquired Jose Urena) the Tigers already have on hand.  Given how several of Detroit’s top pitching prospects could be worked into the mix at some point in 2021, there will be quite a juggle for innings in managing these younger arms and in stretching everyone back out for a fuller season after the abbreviated 2020 campaign.

Red Sox Trade C.J. Chatham To Phillies

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The Phillies have acquired minor league infielder C.J. Chatham from the Red Sox in exchange for a player to be named later, per announcements from both teams. Right-hander Victor Arano has been designated for assignment in order to clear a roster spot, the Phillies added. MLB.com’s Jonathan Mayo reported (via Twitter) that Chatham was likely headed to Philadelphia just prior to the announcement.

Chatham, 26, was the Red Sox’ second-round pick back in 2016, during Dave Dombrowski’s time as the team’s president of baseball operations. It seems as though Dombrowski, now heading up the Phillies’ baseball ops department, is still a firm believer in Chatham’s skill set. Chatham has yet to make his big league debut but spent the 2020 season at Boston’s alternate training site, where he continued to build on a solid 2019 showing in the upper minors. In 467 plate appearances between Double-A and Triple-A that year, Chatham hit .298/.333/.408 while logging time at both middle infield positions.

Both Baseball America and MLB.com ranked Chatham 14th among Boston farmhands this past summer. BA tabs him as at least a bench piece in the Majors and perhaps even a passable regular option at second base. Chatham has fanned in just 18.2 percent of his minor league plate appearances and has an all-fields, contact-oriented approach at the plate due to a lack of power, per those scouting reports. He’s a versatile defender who could handle any infield spot, and Chatham still has a pair of minor league options remaining, which gives the Phils some flexible depth for the next couple of seasons.

From Boston’s vantage point, a roster spot was needed to make Martin Perez’s new one-year deal with the team official. The Sox have yet to announce the Perez signing, but that’ll happen once he passes a physical.

As for the 25-year-old Arano (26 next month), he spent the 2020 season in the Phillies’ 60-man player pool but didn’t make it to the Majors. Arano was limited to just three appearances in 2019 due to elbow surgery, and he missed a chunk of the 2018 campaign due to shoulder issues — rotator cuff inflammation, more specifically. He made his big league debut back in 2017 but has still managed to tally just 74 1/3 frames, in large part because of injury.

Of course, Arano has also been impressive when he’s been healthy enough to take the hill. In those 74 2/3 innings, he boasts a 2.65 ERA and 3.38 SIERA. He’s also punched out 26.3 percent of the hitters he’s faced and walked a very manageable 7.6 percent of opponents. Arano is a fly-ball pitcher with average fastball velocity (93.6 mph) who leans heavily on his slider that has helped him to post an impressive 16.6 percent swinging-strike rate in his young career. The Phils have a week to trade Arano, release him or place him on outright waivers.

Phillies Designate Kyle Garlick For Assignment

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The Phillies announced Monday morning that they’ve designated outfielder Kyle Garlick for assignment. His spot on the 40-man roster will go to right-hander Archie Bradley, whose previously reported signing to a one-year deal has now been confirmed by the club.

Garlick, 29 next week, was acquired from the Dodgers last February in exchange for minor league left-hander Tyler Gilbert (whom the Dodgers lost to the D-backs in the minor league phase of this year’s Rule 5 Draft). Garlick spent most of the 2020 season at the Phillies’ alternate site in Lehigh Valley, though he did appear in a dozen games. He went just 3-for-22 with a double and seven strikeouts in that time, however.

Garlick showed a bit of promise with the Dodgers in 2019 when he made his big league debut and hit .250/.321/.521 with three long balls and four doubles in a small sample of 53 plate appearances. He’s a career .281/.332/.568 hitter in 645 Triple-A plate appearances and does have a minor league option remaining, so it’s not out of the question that a team that is particularly thin on upper-level outfield depth could place a claim on the right-handed hitter.

Phillies Sign Archie Bradley

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Jan. 18: Bradley has passed his physical, and the contract has been formally announced by the Phillies.

Jan. 14: The Phillies are signing free-agent reliever Archie Bradley, Ben Nicholson-Smith of Sportsnet tweets. It’s a one-year, $6MM pact for the right-hander, according to Mark Feinsand of MLB.com. Alden Gonzalez and Jeff Passan of ESPN.com were first to report that Bradley was nearing a deal with a team. Bradley is a client of BBI Sports Group.

Archie Bradley |Mark J. Rebilas-USA TODAY Sports

Bradley has been on the open market since the Reds non-tendered him Dec. 2 in lieu of paying him a projected $4.3MM to $5.7MM in arbitration. The move was particularly surprising when combining Bradley’s solid track record with the fact that the Reds acquired him from the Diamondbacks for two players – utilityman Josh VanMeter and young outfielder Stuart Fairchild – at last August’s trade deadline.

The Bradley trade did pay off initially for Cincinnati, as he gave the playoff-bound club 7 2/3 innings of one-earned run ball with six strikeouts, no walks and four hits allowed during the regular season. Bradley didn’t fare as well in his lone playoff appearance, though, surrendering the only run in a 13-inning defeat to the Braves in Game 1 of a wild-card round that Cincy went on to lose.

The seventh overall pick of the Diamondbacks in 2011, Bradley was regarded as a premium prospect over the ensuing few years, But he couldn’t put it together as a big league starter in Arizona from 2015-16. The proverbial light bulb went on the next season when the Diamondbacks shifted Bradley to their bullpen. Bradley enjoyed a serious increase in velocity that year (from 92 mph-plus to upward of 96) and pitched to a 1.73 ERA across 73 innings. Although Bradley’s results weren’t as dominant from 2018-19, he continued to keep runs off the board at a good clip while eating innings (over 70 in both seasons) and throwing better than 95.

Bradley’s average fastball velo dipped to around 94 last year, but it was still one of his most effective seasons yet. The 28-year-old notched a 2.95 ERA/3.44 SIERA and recorded a 24.7 percent strikeout rate with a personal-best 4.1 percent walk rate in 18 1/3 innings. Bradley’s 9.4 percent swinging-strike rate was a bit above his career average of 8.7, while the .274 weighted on-base average he allowed wasn’t too far from his .297 expected wOBA.

Now with the Phillies, his third organization, Bradley should provide some much-needed help to a bullpen that helped cost the team a playoff berth in 2020. The Phillies’ relief corps finished last in the majors in ERA (7.06), and the tandem of new president of baseball operations Dave Dombrowski and general manager Sam Fuld have tried to improve the group with the acquisitions of Bradley, Jose Alvarado, Sam Coonrod and Ian Hamilton this winter.

Photo courtesy of USA Today Sports Images.

Cubs To Sign Shelby Miller

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The Cubs have agreed to a deal with right-hander Shelby Miller, MLB.com’s Mark Feinsand reports (via Twitter).  The non-guaranteed contract will pay Miller $875K if he makes Chicago’s big league roster, with another $600K available in bonus money.  The signing will be official when Miller passes a physical.

Miller signed a minor league deal with the Brewers last winter but didn’t see any action, as he opted out of the 2020 season in August.  Since the start of the 2017 season, Miller has tossed only 82 big league innings, thanks in large part to a Tommy John procedure that sidelined him for much of 2017 and 2018.

Still only 30 years old, Miller will be joining his sixth different organization in a pro career that has seen major highs and lows.  Drafted 19th overall by the Cardinals in 2009, Miller posted very strong numbers over his first three MLB seasons — with St. Louis in 2013-14 and with Atlanta in 2015, after Miller was swapped to the Braves as part of a noteworthy trade that saw Jason Heyward go to the Cards.  Unfortunately for Miller, he was part of another blockbuster trade a year later, going to the Diamondbacks and then never again regaining his early-career form.

There isn’t much risk for the Cubs in adding Miller as a reclamation project, as Miller could be one of a few veterans brought into camp on low-cost or non-guaranteed contracts as Chicago looks for veteran rotation depth.  Beyond Kyle Hendricks and Zach Davies, the Cubs’ other rotation candidates don’t have much experience — projected third and fourth starters Adbert Alzolay and Alec Mills, and then a plethora of young arms competing for a look as the fifth starter.

Red Sox To Sign Martín Pérez

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The Red Sox and southpaw Martín Pérez have agreed to join forces for a second consecutive season, per the Athletic’s Ken Rosenthal (via Twitter). Chris Cotillo of MassLive.com confirms the deal, pending a physical. Pérez will earn a  $4.5MM salary in 2021 with a $6MM option for 2022 that comes with a $500K buyout (Twitter links). He’ll also earn an extra $100K for every ten innings starting at 130 innings in 2021, with a max of $500K, adds Rosenthal. Pérez is represented by the OL Baseball Group.

Last year’s pact worked out well enough for both sides to essentially roll it back at a slightly lower price point. Boston declined its $6.25MM option this past November, instead paying a $500K buyout. After being guaranteed $6.5MM last year, Pérez signs for a $5MM guarantee this time around with the potential for an additional $6MM if Boston picks up their 2022 option.

Cotillo has said all winter that the Red Sox will need to add at least two arms for their rotation, so an agreement with Pérez doesn’t preclude a later deal for an arm like Garrett Richards, Matt Moore, or Jake Odorizzi. Still, Pérez fills a big hole as a safe bet to eat innings. He ably manned that post in 2020 for the Red Sox, averaging more than five innings per start over 12 starts. He had a 4.50 ERA/4.88 FIP with just a 17.6 percent strikeout rate, 10.7 percent walk rate, and 38.5 percent groundball rate.

While those numbers themselves won’t get the Red Sox back into contention, they represent an important level of consistency. A rebuilding club like Boston relies on rote veteran production at certain places on the roster in order to embolden the coaching staff and front office as they maneuver a grueling 162-game season. For example, they can resist the temptation to rush younger arms while Chris Sale works his way back from injury. In-game, they can be more conservative with Eduardo Rodriguez’s innings knowing that Pérez can help protect the bullpen from overuse.

Boston’s rotation, after all, is riddled with long-term injury concerns. As of right now, Pérez joins Rodriguez, Nathan Eovaldi, Tanner Houck and Nick Pivetta in their starting five, though as we mentioned above, Boston’s working with a dynamic pool of rotation candidates at this time. Rule 5 pick Garrett Whitlock could be a candidate for starts, Sale should return at some point during the season, and they’ll take a look at younger arms like Connor Seabold and Bryan Mata during spring training.

Minor MLB Transactions: 1/16/21

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The latest minor moves from around the sport…

  • The Tigers announced that left-hander Robbie Ross, right-hander Andrew Moore, first baseman Aderlin Rodriguez and infielder Yariel Gonzalez have all been signed to minor league deals.  Ross is the most familiar name of the group, posting a 3.83 ERA over 321 2/3 innings as a workhorse member of the Rangers and Red Sox bullpens from 2012-16 (also starting 12 games with Texas in 2014).  After an injury-riddled 2017, however, Ross hasn’t returned to the majors, pitching in the White Sox farm system and then independent ball.  Moore is the only other member of the quartet with MLB experience, as he tossed 63 2/3 innings for the Mariners (posting a 5.51 ERA) over parts of the 2017 and 2019 seasons.
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