Astros Sign Jake Odorizzi
The Astros have added the top player remaining in free agency, announcing an agreement with righty Jake Odorizzi. The deal is a two-year pact with a player option for the 2023 season. Odorizzi is represented by Excel Sports Management.
Odorizzi is guaranteed $23.5MM. That takes the form of a $6MM signing bonus, a $6MM salary in 2021, a $5MM salary in 2022, and a $6.5MM player option for 2023. The option comes with a $3.25MM buyout. Performance escalators can max the option out at $12.5MM while also bringing the potential buyout figure up to $6.25MM. Combining to make 30 appearances from 2021-22 will bring Odorizzi to just shy of $24MM over those two seasons in salary, while incentives could push the deal up to $30MM.
On top of the $5MM base salary for the 2022 season, Odorizzi would make $500K for reaching 100 innings pitched, $1MM apiece for throwing 110, 120, 130, 140, and 150 innings, with another $1.25MM if he reaches the 160 inning mark. The deal also contains some deferred money.
The addition of the player option is an obvious method of spreading out the contract’s luxury tax hit, similar to the Yankees’ recent agreements with Brett Gardner and Darren O’Day. With just a $3.25MM difference between the value of the option and the buyout, it’s highly unlikely Odorizzi exercises it two years from now. However, the player option pushes the contract’s guaranteed money out to three years, while still giving Odorizzi the chance to re-test free agency after 2022. That lowers the deal’s average annual value (which determines the luxury tax calculation) to a modest $7.83MM. Altogether, that brings the Astros’ CBT ledger for 2021 to around $203.6MM, per Cot’s Contracts. That keeps them barely below the $210MM tax threshold, albeit without leaving much room to make in-season additions without cutting payroll elsewhere on the roster if they’re adamant about not going over.
Moreso than paying additional dollars, the Astros’ bigger concern about the luxury tax may be more related to the draft-pick compensation penalties attached to teams that go over the CBT, as the Athletic’s Ken Rosenthal recently noted. With McCullers, Carlos Correa, and possibly Justin Verlander all in line to receive qualifying offers next winter, the Astros may be planning to reload their farm system with extra compensatory picks should these players all reject a QO and sign elsewhere. Houston would also have to surrender a higher amount of draft and international signing bonus capital for signing a free agent who rejected a QO from another club.
Reports surfaced last week about Houston’s interest in Odorizzi, which seemed natural considering that Framber Valdez is in danger of missing the entire 2021 season after suffering a fractured ring finger on his throwing hand. While nothing has been decided about Valdez’s status just yet, Odorizzi’s addition will help reinforce an Astros rotation that also includes Zack Greinke, Jose Urquidy, Lance McCullers Jr., and Cristian Javier. More inexperienced options like Luis Garcia and Brandon Bielak will now project as Triple-A depth rather than be called upon to immediately contribute at the big league level.
Odorizzi doesn’t quite fit the Astros’ usual model of pitching acquisition, as he lacks the big spin rates that Houston has often favored in recent years. It could be that the need to replace Valdez put Odorizzi on the team’s radar, and Astros GM James Click is quite familiar with Odorizzi from their time together in the Rays organization. Houston will be gaining a veteran arm who has a track record of eating innings, though Odorizzi did pitch only 13 2/3 frames with the Twins in 2020 due to a series of minor injuries.
Blister problems, a ribcage strain, and being struck in the chest by a line drive resulted in three separate injured list stints for Odorizzi, bringing a sour end to what had been a pretty successful tenure in Minnesota. Odorizzi posted a 4.01 ERA and an above-average 24.83K% over 323 1/3 innings in 2018-19, and chose to return to the Twin Cities in 2020 after accepting the team’s $17.8MM qualifying offer.
This decision to bet on himself didn’t entirely work out, as a more typical Odorizzi season in 2020 would have likely resulted in a longer and more lucrative free agent deal for the hurler (who turns 31 later this month). With Odorizzi having control over his fate for the 2023 season, he ended up technically receiving the three-year contract he hoped to receive for much of the winter, though it took him almost a week into March to finally land the contract.
MLBTR ranked Odorizzi 11th on our list of the offseason’s top 50 free agents, projecting him for a three-year, $39MM deal. The Twins, Giants, Angels, Red Sox, Cardinals, Mets, Phillies, and Blue Jays were among the many teams who had some level of interest in Odorizzi over the course of the offseason, with clubs joining and departing the hunt depending on other transactions.
ESPN’s Jeff Passan initially reported the sides had an agreement on a two-year contract with a 2023 player option. Mark Feinsand of MLB.com was first with the contract structure. Odorizzi’s former teammate, Trevor Plouffe, provided a breakdown of the incentive structure for the 2022 season. Jon Heyman of MLB Network was first to note the deferrals.
Photo courtesy of USA Today Sports Images
COVID Notes: 3/8/21
The latest on COVID-19 and Major League Baseball:
- The Astros have placed Pedro Báez on the injured list, per a team announcement. The move clears space on the 40-man roster for Jake Odorizzi, whose signing has been made official. While the club didn’t give a reason for Báez’s IL placement, it’s almost certainly related to COVID-19. The veteran reliever was one of eight Houston pitchers to leave the team last weekend as part of the league’s health and safety protocols. It isn’t clear if Báez was one of the players to have tested positive for the coronavirus; players can also be placed on the COVID IL for exhibiting symptoms or for exposure.
Brewers Sign Jackie Bradley Jr.
TODAY: The Brewers officially announced Bradley’s deal. To create roster space, utilityman Tim Lopes (oblique) has been moved to the 60-day injured list.
MARCH 4, 1:05pm: Bradley’s 2021 salary is $13MM, tweets Ken Rosenthal of The Athletic. He’ll earn $11MM in 2022 if he declines to opt out.
10:45am: Some of Bradley’s salary is deferred, tweets Joel Sherman of the New York Post.
As to the defensive alignment with Bradley in the fold, Brewers manager Craig Counsell spoke to reporters today and firmly indicated that Cain is the team’s center fielder (Twitter links via Tom Haudricourt of the Milwaukee Journal-Sentinel). Counsell wouldn’t mention Bradley directly, as his deal has yet to be formally announced, but he said his club doesn’t “…have any fourth outfielders. We have a lot of starting outfielders and we have to figure out how that works. But there’s playing time, absolutely.”
7:08am: The Brewers and center fielder Jackie Bradley Jr. are in agreement on a two-year, $24MM contract, reports Julian McWilliams of the Boston Globe. The second year on that deal is a player option, so Bradley will have the opportunity to return to the open market next winter if he performs well during his first season in Milwaukee. Bradley is represented by the Boras Corporation.
It’s the second major free-agent signing for the Brewers this winter and the second that provides the team with a huge defensive upgrade. Milwaukee also inked former division rival Kolten Wong, arguably the game’s premier defender at second base, on a two-year deal that guarantees him $18MM.
Bradley, 31 in April, figures to slide into the outfield alongside Lorenzo Cain and Christian Yelich. His acquisition could push Avisail Garcia, who struggled in 2020 during the first season of a two-year contract of his own, into a lesser role. It appears quite unlikely that there’ll be a universal designated hitter in 2021 at this point, but Garcia could still work as a DH during interleague games at American League parks. He could also slot into the mix against tough lefties and spell any of the other three on a given day.
Cain, meanwhile, carries a sterling defensive reputation much like Bradley, but he’ll turn 35 the same week Bradley turns 31. The Brewers could turn center field over to the younger of the two and slide Cain, who opted out of the 2020 season after just five games last year, into a less demanding corner outfield spot.
Prior to their deal with Bradley, the Brewers didn’t have much in the way of proven outfield depth in the event that a starting outfielder went down with an injury. The only other outfielders on the 40-man roster were Tyrone Taylor, Corey Ray and a trio of offseason DFA pickups: Billy McKinney, Derek Fisher and Tim Lopes. Bringing Bradley into the mix now gives them cover for a potential injury and allows them to rest Cain (returning at 35 after opting out of 2020) and Yelich (major knee injury at the end of 2019) with more regularity. More broadly speaking, the signing also simply improves both the defense and the lineup.
Detractors may brush aside the notion that Bradley can help to improve Milwaukee’s offense, but over the past six seasons he’s batted .247/.331/.438 — good for a slightly above-average 102 wRC+ and 101 OPS+. That line includes a .283/.364/.450 showing through 217 plate appearances last year. Bradley struggled in 2019 as his strikeout rate spiked to an unpalatable 27.3 percent, but he cut that mark by more than five percent last season in a rebound effort during the shortened campaign.
Bradley shouldn’t be problematic from a payroll standpoint, as the Brewers had been set for a decrease from their 2019-20 spending levels prior to the deal. The new agreement will take them to $105MM if the contract is evenly distributed and a bit more if the deal is front-loaded (which, speculatively speaking, seems likely). Either way, they’ll still be well shy of 2019’s franchise-record $122.5MM Opening Day mark.
The Bradley deal, in many regards, is reminiscent of Milwaukee’s surprise agreement with catcher Yasmani Grandal in the 2018-19 offseason. Grandal, like Bradley, was an elite defender at a premium position who didn’t find long-term offers to his liking and instead bet on himself by signing a one-year deal at a higher annual rate with the Brewers. Bradley’s deal doesn’t match Grandal’s $18.25MM guarantee (although it could afford him more than $12MM depending on the structure), but it gives him a nice safety net with the player option in the event that he struggles in 2021 or deals with a notable injury.
Aside from the Cardinals’ blockbuster acquisition of Nolan Arenado, it’s been a rather quiet offseason in the NL Central. The Cubs have made a handful of small-scale, one-year additions — but only after trading away Yu Darvish — while the Reds and Pirates have been mostly idle. Late agreements with Bradley, Wong and lefty Brett Anderson don’t make the Brewers a clear favorite even in a potentially lackluster division, but they certainly improve what looks to be a competitive club. And given the current payroll level and this front office regime’s penchant for late-offseason value plays, it’d be unwise to completely rule out any further additions.
Nationals Release Jeremy Jeffress
The Nationals have released right-hander Jeremy Jeffress, Jesse Dougherty of the Washington Post reports. The move was made due to “personnel reasons,” GM Mike Rizzo said in a statement.
Jeffress only signed his minor league contract with the Nats back on February 22, and would have earned at least $1.25MM in guaranteed salary had he made Washington’s MLB roster. While the timing of the release is somewhat unusual, it could be that the Nationals made a quick decision on Jeffress and simply chose to cut him now rather than prolonging his stay in camp. Jeffress may also now get something of an early jump on catching on with another team, though several other veteran relief pitchers are still available.
Looking to pitch in his 12th Major League season, Jeffress posted a 1.54 ERA over 23 1/3 innings with the Cubs last season, though numerous advanced metrics (ranging from a 4.96 SIERA to a .161 BABIP) indicated that a lot of good fortune went into Jeffress’ sterling ERA. It was something of a reversal of his 2019 season, as the secondary statistics indicated that Jeffress pitched better than his 5.02 ERA over 52 innings with the Brewers.
Jeffress has a career 3.08 ERA and 56.6% grounder rate over 424 1/3 career frames with five different clubs, with the majority (304 2/3 IP) of that work over parts of seven seasons with Milwaukee. Reports back in January indicated that multiple clubs were considering Jeffress, so one of those teams could again come calling with a minor league deal now that the 33-year-old is back on the market.
Pirates Acquire Duane Underwood, Designate Carson Fulmer
The Pirates announced the acquisition of reliever Duane Underwood Jr. from the Cubs. First base prospect Shendrik Apostel will go to Chicago in return. To create 40-man roster space, Pittsburgh designated right-hander Carson Fulmer for assignment.
Underwood, 26, has thrown 36.1 innings out of the Chicago bullpen over the past three seasons. His 5.20 ERA isn’t particularly impressive, but Underwood has shown some promising peripherals. The right-hander has struck out an impressive 27.7% of hitters at the MLB level against a solid 7.7% walk rate. He was at his best last season, racking up strikeouts at a 30.7% clip while walking only 6.8% of batters. The right-hander averages just under 95 MPH on his fastball and also features a curveball and changeup, the latter of which has gotten plenty of whiffs in limited major league action.
Nevertheless, the Cubs designated Underwood for assignment earlier in the week. He never managed to stake a claim to a permanent spot in the Chicago bullpen, thanks largely to persistent trouble keeping the ball in the yard. Underwood is also out of options, meaning he can’t be sent to the minor leagues without being exposed to other teams. That’s less a concern for the rebuilding Pirates than it was for the playoff-hopeful Cubs.
Acquiring Underwood bumps Fulmer from the Pittsburgh roster for the second time in six months. The former eighth overall pick has been claimed off waivers by the Tigers, Pirates (twice) and Orioles going back to last July but hasn’t found a permanent home. Teams clearly remain intrigued by his promise, though. Fulmer has just a 6.34 ERA with poor strikeout (18.9%) and walk (13.9%) numbers over 105 MLB innings. Like Underwood, he is out of options. Any acquiring team must therefore keep him on the active roster or else again offer him to other clubs.
In exchange for Underwood, the Cubs pick up Apostel, a 20-year-old first baseman who signed with the Pirates out of Curacao. He had a .252/.381/.463 line in the Dominican Summer League between 2018-19. His older brother Sherten Apostel also originally signed with the Pirates and made his MLB debut last season with the Rangers.
COVID Notes: 3/7/21
The latest on coronavirus-related situations around baseball…
Latest Updates
- Right-hander Pedro Strop is being held out of the Cubs‘ training camp due to COVID protocol violations, MLB.com’s Jordan Bastian reports (Twitter link). In regards to the earlier item about Franmil Reyes, Gordon Wittenmyer of NBC Sports Chicago reports that a now-deleted social media post revealed that Strop and Reyes were out together. A fixture in the Cubs’ bullpen from 2013-19, Strop rejoined the team on a minor league deal last month after pitching for the Reds in 2020.
Earlier Today
- Jose Ramirez and Franmil Reyes are both being held out of Indians training camp for breaking health and safety protocols, manager Terry Francona told reporters (including MLB.com’s Mandy Bell and the Akron Beacon Journal’s Ryan Lewis). The players self-reported their violations, which included dining together at a restaurant and a haircut for Reyes on Friday. Ramirez and Reyes will have to test negative for COVID-19 before returning to camp, with Francona saying that he hopes to know more specifics later today about possible return dates.
- The Red Sox officially removed catcher Kevin Plawecki from the COVID-19 injured list and returned Plawecki to the 40-man roster. A roster spot was created yesterday when the Blue Jays plucked reliever Joel Payamps away from the Sox on a waiver claim. Plawecki already cleared health protocols and returned to training with the team over a week ago.
Padres Claim Jordan Humphreys From Giants
The Padres claimed Jordan Humphreys off waivers from the Giants and will add him to the 40-man roster, per the team. To make room on the 40-man, Jose Castillo was placed on the 60-day injured list. Castillo will soon undergo Tommy John surgery.
Humphreys was an 18th round draft choice of the Mets in the 2015 June draft. He missed all of the 2018 season after undergoing Tommy John surgery, returning to make just a handful of appearances in the minors for the Mets in 2019. The Mets traded the right-hander to the Giants in August for Billy Hamilton. That would turn out to be Humphreys’ initiation into baseball’s nomad class. There are always a couple of players who get caught in the waiver wire carousel each winter, and Humphreys is one of this year’s contestants.
He was designated for assignment in November, at which point the Indians claimed him. When the Indians claimed Harold Ramirez, Humphreys was DFA’ed again. The Giants brought him back, claiming the 24-year-old from Cleveland. Presumably to make room for the José Álvarez signing, the Giants waived Humphreys again. Humphreys has now twice been a member of the Giants’ organization without ever suiting up for San Francisco in a game. Given the depth in San Diego, it will be a little surprising if Humphreys finds his ultimate home in San Diego, but at least for now, he will become the 40th man on the Padres’ 40-man roster.
Giants Sign Jose Alvarez
MARCH 6: The Giants announced the signing of Álvarez to a one-year, $1.15MM contract with a $1.5MM club option for 2022, per MLB.com’s Maria I. Guardado (via Twitter). The option comes with a $100K buyout, adds John Shea of the San Francisco Chronicle (via Twitter). That bonus will count towards the luxury tax, though the option year will not. Therefore, Álvarez’s deal should count $1.16MM against the luxury tax payroll this season.
MARCH 2: Free-agent reliever Jose Alvarez is nearing a deal with the Giants, Jon Heyman of MLB Network tweets. It’s unclear whether it will be a major league contract.
The left-handed Alvarez, who will turn 32 in May, debuted with the Tigers in 2013 and has since pitched for the Angels and Phillies. Alvarez struggled to keep runs off the board as a Tiger, but he did well in Anaheim and Philadelphia. Overall, despite a subpar strikeout percentage (20.8), Alvarez has logged a respectable 3.59 ERA/3.85 SIERA in 340 2/3 major league innings. He has thrown 50-plus innings in a season on four occasions, though he only tossed 6 1/3 frames last year as a result of a groin injury.
If his agreement with San Francisco does go through, Alvarez could be part of a bullpen that has no shortage of southpaws. Jake McGee has been their relief corps’ biggest free-agent acquisition, but Jarlin Garcia, Sam Selman, Wandy Peralta and Caleb Baragar are also on the Giants’ 40-man roster.
Nationals Sign Justin Miller To Minors Deal
The Nationals recently signed right-handed reliever Justin Miller to a minor league contract, as originally reported by the Talk Nats blog (Twitter link). As per Jesse Dougherty of the Washington Post, Miller’s deal does not include an invitation to Washington’s big league spring camp.
There’s familiarity between Washington and Miller, who pitched for the team from 2018-19. He fared quite well in the first of those seasons, in which he gave the Nationals 52 1/3 innings of 3.61 ERA/3.34 SIERA ball with quality strikeout and walk rates of 27.9 percent and 7.9 percent, respectively. Miller was unable to replicate that performance during the Nationals’ World Series-winning 2019 campaign, though, owing in part to shoulder troubles. He totaled 15 2/3 frames, recorded a 4.02 ERA/5.46 SIERA and experienced a severe drop in strikeout percentage (16.9) before his season ended in mid-May.
The 33-year-old Miller, also a former Tiger and Rockie, spent time with the Blue Jays and Reds organizations last season. He didn’t appear in the majors with either team.
Giants Sign Justin Bour
7:35pm: Bour will not be in MLB camp, Alex Pavlovic of NBC Sports Bay Area tweets. He’ll report to minor league camp April 1.
5:03pm: The Giants have agreed to a contract with Justin Bour, the first baseman himself posted in his Instagram profile. It’s a minor-league contract, reports Andrew Baggarly of the Athletic (Twitter link).
Bour is probably best known for a solid four-year run with the Marlins. He peaked in 2017, when he hit a robust .289/.366/.536 with 25 home runs in just 429 plate appearances. Bour’s offensive production tailed off in 2018, though, particularly after an August trade to the Phillies. He couldn’t right the ship in 2019, where he slumped to a .172/.259/.364 mark after signing with the Angels.
After being outrighted off Los Angeles’ 40-man roster, Bour signed a one-year contract with the Hanshin Tigers of Japan’s Nippon Professional Baseball. While there had been some hope he’d rediscover his power stroke in NPB, Bour slashed an unspectacular .243/.338/.422 with 17 homers across 379 plate appearances.
It has now been three years since we’ve seen Bour at peak form, but there’s no risk for San Francisco in bringing him in as depth. First base is sure to belong to Brandon Belt when he’s healthy, but the longtime Giant underwent heel surgery last October and might not be ready for Opening Day. Each of Wilmer Flores, Darin Ruf and Jason Vosler is on the 40-man roster as a potential replacement if Belt can’t go at the start of the season. Among them, only Vosler (who has yet to make his MLB debut at age 27) hits left-handed, so Bour’s lefty bat helps balance the group.