Royals To Sign Ryan Madson

JAN. 5: Madson will earn $850K if he makes the big league club and has the opportunity to earn up to $150K via incentives, tweets Jon Heyman of CBS Sports.

JAN. 4: The Royals and Ryan Madson have agreed to a minor league deal, a source tells Jerry Crasnick of ESPN.com.  The pact includes an invitation to major league spring training.

Madson, 34, hasn’t pitched in the major leagues since 2011 because of elbow issues.  In that season, Madson established himself as one of the game’s most promising closers, pitching to a 2.37 ERA with 9.2 K/9, 2.4 BB/9 and a 48.8% ground ball rate in 60 2/3 innings for the Phillies.  When a reported four-year, $44MM deal fell through between the two sides, he joined up with the Reds on a much smaller contract, but he never made it to the mound.

Even with his injury woes, teams were still anxious to sign Madson, a reliever boasted a half-decade of strong late inning work.  The Halos gave Madson a deal worth $3.5MM in guaranteed money prior to the 2013 season, but he was only able to make one brief Advanced-A appearance all year long.  After that, the All Bases Covered client sat out 2014.

The right-hander pitched to a 2.89 ERA with 8.6 K/9 and 2.6 BB/9 in 329 2/3 innings from 2007-2011.  In parts of nine seasons with the Phillies from 2003-11, the veteran posted a 3.59 ERA with 7.8 K/9, 2.7 BB/9 and a 47.7% ground ball rate.

Phillies Sign Aaron Harang

The Phillies have added some innings to their rotation, announcing the signing of right-hander Aaron Harang to a one-year, $5MM deal. Harang, a client of ACES, can earn more through performance incentives and awards bonuses, per the team.

Aaron Harang

The 36-year-old Harang enjoyed a very nice rebound campaign with the Braves in 2014, pitching to a 3.57 ERA with 7.1 K/9, 3.1 BB/9 and a 39.4 percent ground-ball rate in 204 1/3 innings. Harang’s 3.57 FIP felt that his ERA was a perfect indicator of his skill set, although other metrics such as xFIP (4.03) and SIERA (4.18) felt that he was the beneficiary of some good fortune. Interest from Philadelphia was first noted last week by CSNPhilly.com’s Jim Salisbury.

For the Phillies, Harang will provide a much-needed stabilizing force in the rotation, and he comes at a price tag that isn’t prohibitive. While the Phillies don’t expect to contend in 2015 — they’ve already traded away Jimmy Rollins, Marlon Byrd and Antonio Bastardo — they still need someone to soak up innings in the rotation. Harang can do just that for manager Ryne Sandberg. He’ll join Cliff Lee and possibly Cole Hamels (depending on whether or not he is traded) in an otherwise thin rotation. Jerome Williams figures to lock down one spot, with David Buchanan the likely occupant of another. Beyond that, the fifth spot figures to be a competition between the likes of reported non-roster invitee Wandy Rodriguez, right-hander Miguel Alfredo Gonzalez and eventually 2014 first-round pick Aaron Nola.

Harang’s peak came in the 2006-07 seasons with the Reds when he hurled a combined 466 innings of 3.75 ERA ball in the very hitter-friendly Great American Ball Park. Harang posted a 124 ERA+ in each of those seasons and even finished fourth in the NL Cy Young voting in 2007. He was off to a solid start in 2008, but many Reds fans will point to a four-inning, 63-pitch relief stint on two days’ rest (in an 18-inning marathon game) on May 25 of that season as the day in which things took a turn for the worse for Harang. Though he fired four scoreless innings that day, Harang wound up on the DL with a forearm strain and posted a 5.88 ERA over the remainder of the year. He never fully regained his form as a Red, although he’s had relatively successful stints with the Padres, Dodgers and Mets (in terms of ERA, anyhow) since leaving Cincinnati.

Harang’s contract is affordable enough that the Phillies should be able to flip him at the trade deadline if he’s pitching well. We at MLBTR agreed that a two-year deal could be possible for Harang based on his strong 2014 (as Zach Links mentioned in his free agent profile), but the market for Harang’s services never gained too much steam. The large number of quality arms on both the free agent and trade markets likely prevented that from happening, but Harang still managed to pull in a guarantee five times larger than the $1MM sum paid to him by the Braves a year ago.

Jon Heyman of CBS Sports first reported that a deal was in place (Twitter link).

Photo courtesy of USA Today Sports Images.

White Sox To Sign Emilio Bonifacio

9:00am: Bruce Levine of 670thescore.com tweets that Bonifacio will earn $3MM in 2015, and the option is valued at $4MM with a $1MM buyout.

8:36am: Bonifacio’s contract also contains a club option for the 2016 season, reports Jon Heyman of CBS Sports (Twitter link).

8:08am: The White Sox and utility man Emilio Bonifacio have agreed to a one-year, $4MM contract, reports Jon Morosi of FOX Sports (on Twitter).

Bonifacio, a client of agent Gene Mato, will give the White Sox another option at second base following the trade of Marcus Semien to Oakland. Currently, Micah Johnson and Carlos Sanchez figure to battle for that spot, though the 29-year-old Bonifacio could conceivably land the gig outright if Chicago would like its pair of prospects to gather additional playing time in the minors before seeing regular big league at-bats.

If Johnson or Sanchez is the preferred choice out of Spring Training, the Sox will have a highly versatile utility player on their hands in Bonifacio at a reasonable price for someone that can handle a wide array of positions. The switch-hitting Bonifacio played second base, third base, shortstop and all three outfield positions between the Cubs and Braves last season, batting .259/.305/.345 with 26 steals in 426 plate appearances along the way.

The addition of Bonifacio continues a busy offseason for White Sox GM Rick Hahn and his staff. The South Siders have already added free agents Melky Cabrera, David Robertson, Adam LaRoche and Zach Duke in addition to swinging a trade for former A’s/Cubs ace Jeff Samardzija. That’s $132MM in free agent spending, and if MLBTR contributor Matt Swartz’s $9.5MM projection for Samardzija holds true, it’ll total out to $141.5MM in total spending — $53MM of which will be on the books for the 2015 season. Beyond that, the ChiSox have added a number of notable names on minor league contracts this season, including veteran righty Brad Penny, outfielder Tony Campana and catcher George Kottaras.

Yakult Swallows Sign Logan Ondrusek

The Tokyo Yakult Swallows of Nippon Professional Baseball have signed right-hander Logan Ondrusek to a one-year contract, the team announced (as reported in The Japan Times).  The deal is worth $1.2MM and the Swallows have a club option on Ondrusek’s services for the 2016 season.  Ondrusek is represented by Rich Thompson.

Ondrusek, 29, was non-tendered by the Reds last month following a season that saw him post a 5.49 ERA, 9.2 K/9 and 2.63 K/BB rate over 41 relief innings.  A .360 BABIP was largely to blame for Ondrusek’s struggles, as ERA indicators such as FIP (3.91), xFIP (3.80), SIERA (3.36) painted a more generous evaluation of his 2014 performance.  Ondrusek was arbitration-eligible for the second time this winter, and was projected by MLBTR’s Matt Swartz to earn a $2.3MM salary in 2015

The 6’8″ righty has spent all five of his Major League seasons with the Reds, posting a career 3.89 ERA, 1.93 K/BB rate and a 7.1 K/9 over 270 2/3 IP, demonstrating roughly equal effectiveness against both right-handed and left-handed batters.  Though he has only two career saves in the majors (not a surprise given Aroldis Chapman‘s presence in Cincinnati), Ondrusek will be in competition to serve as the Swallows’ closer.

Braves, Yankees Trade David Carpenter For Manny Banuelos

The Yankees have acquired right-hander David Carpenter and left-hander Chasen Shreve from the Braves in exchange for southpaw Manny Banuelos, Jack Curry of the YES Network reports (Twitter link).

It was just three years ago that Banuelos was considered to be one of baseball’s top prospects and projected as a future cornerstone of the Yankees rotation.  His progress, however, was halted by injuries — he pitched only 24 innings in 2012 and missed all of 2013 recovering from Tommy John surgery.  Returning to the mound this past season, Banuelos posted a 4.11 ERA, 8.3 K/9 and 2.29 K/BB rate over 76 2/3 minor league innings spread across the high-A, Double-A and Triple-A levels.

Injuries notwithstanding, it’s rather surprising to see New York move on quite so quickly from a pitcher who doesn’t even turn 24 years old until March.  Just a few years ago, Banuelos was almost seen as an untouchable for the team, or at least someone the Yankees wouldn’t deal for anything less than an established star player.

If Banuelos regains his health and past form, the Braves may have gained a steal in a controllable young arm who has yet to even reach the bigs.  It’s yet another interesting move towards youth for the Braves this offseason, as they’ve added the likes of Shelby Miller, Tyrell Jenkins, Max Fried and Jace Peterson while trading Justin Upton and Jason Heyward, yet Atlanta also isn’t totally rebuilding, as evidenced by the signings of veteran free agents Nick Markakis and Jason Grilli.

Carpenter adds some immediate value to the Yankees, as the righty has posted strong numbers (a 2.63 ERA, 3.92 K/BB rate and 141 strikeouts over 126 2/3 IP) with the Braves over the last two seasons.  Brian McCann apparently played a key role in Carpenter’s acquisition, as Joel Sherman of the New York Post reports that McCann gave the Yankees a “strong endorsement” of his former Atlanta teammate.  New York recently traded right-handers Shawn Kelley and David Phelps, so Carpenter and his 95mph-fastball brings some right-handed strength back to the Yankees bullpen.

Carpenter was arbitration-eligible for the first time this winter, and was projected to earn $1.1MM through the arb process by MLBTR’s Matt Swartz.  The righty has been involved in some other notable AL East trades in recent years; Carpenter was part of the 10-player deal between the Astros and Blue Jays that brought J.A. Happ to Toronto in July 2012, and Carpenter was also dealt along with then-Jays manager John Farrell to the Red Sox in November 2012.

Shreve, 24, was picked in the 11th round of the 2010 draft and owns a 3.22 ERA, 8.9 K/9 and 2.64 K/BB rate over 276 2/3 innings (all in relief) in the Braves’ farm system.  He made his Major League debut last season, striking out 15 batters and allowing just one run over 12 1/3 IP.  Shreve should also be in the mix to win a spot in the New York bullpen in Spring Training.

Royals Designate Ryan Jackson For Assignment

The Royals designated infielder Ryan Jackson for assignment earlier this week, the team announced.  The transaction frees up a 40-man roster spot for Edinson Volquez, whose two-year, $20MM contract with Kansas City became official on Monday.

It’s been a busy offseason for Jackson, who has gone from the Padres to the Dodgers to the Royals in less than two months.  He also changed addresses multiple teams last winter, when the Astros selected him off waivers from the Cardinals in November 2013 and then traded him to San Diego a month later.  Jackson, 26, made 25 plate appearances for St. Louis in 2012-13 and he has a .268/.338/.363 career slash line over 2459 minor league PA.

Jackson is one of three players currently in “DFA Limbo” according to the MLB Trade Rumors DFA Tracker, joining Keyvius Sampson (Padres) and Erisbel Arruebarrena (Dodgers).

Minor Moves: Dae-eun Rhee

Here are today’s minor moves from around the league.

  • The Chiba Lotte Marines in Japan have announced that they’ve signed former Cubs prospect Dae-eun Rhee to a one-year deal worth around $450K, according to the Japan Times (via Paul Sullivan of the Chicago Tribune on Twitter). Rhee, 25, posted a 3.42 ERA with 5.7 K/9 and 3.3 BB/9 in a 152 2/3 innings split between Double-A and Triple-A in 2014. The Cubs signed Rhee out of Korea for $525K in 2007.

Reds Acquire Marlon Byrd

The Reds have announced that they’ve acquired Phillies outfielder Marlon Byrd and cash from the Phillies for righty prospect Ben Lively. The Phillies will pay half of Byrd’s $8MM salary in 2015, and nothing on his $8MM club/vesting option for the following year.

USATSI_7979355_154513410_lowresEarlier this week, FOX Sports’ Jon Morosi reported that the Reds and Phillies had discussed a Byrd deal that ultimately didn’t take flight. It appears, however, that they finally found common ground. The Reds have traded Mat Latos and Alfredo Simon this offseason and have added few significant players of their own. An outfielder to add to Jay Bruce and Billy Hamilton was high on their shopping list, though, so it’s no surprise they’ve agreed to a trade for Byrd.

After an excellent 2013 campaign with the Mets and Pirates, Byrd kept hitting in 2014, batting .264/.312/.445 with 25 homers for Philadelphia. He’s average to above average defensively in a corner outfield spot, although he has mostly played right field recently and will be asked to play left in Cincinnati. Byrd had also frequently been connected to the Orioles this offseason.

Lively, 22, was the Reds’ fourth-round pick in 2013 out of the University of Central Florida, and he’s quickly made his way through the minors, spending 2014 with Class A+ Bakersfield and Double-A Pensacola. Overall, he posted a 3.04 ERA with 10.2 K/9 and 3.1 BB/9. MLB.com ranks Lively as the Reds’ eighth-best prospect, noting that his stuff overwhelming but that he does have four good pitches and hides the ball well.

FOX Sports’ Ken Rosenthal, who initially tweeted that the teams agreed to terms, als noted that the amount of money the Reds will receive was significant. CBS Sports’ Jon Heyman tweeted immediately before the deal that the two sides could soon reach an agreement.

Photo courtesy of USA Today Sports Images.

Dodgers Designate Erisbel Arruebarrena

The Dodgers have announced that they’ve designated shortstop Erisbel Arruebarrena for assignment. The move clears space on their 40-man roster for Brett Anderson, whose signing is now official.

The Dodgers only signed Arruebarrena early this year, and he still has four years and $16MM on his contract. Clearly, the Dodgers’ new front office does not think as highly of Arruebarrena as the old one did, although it’s likely he’ll wind up back with the Dodgers organization anyway, as he’s a good bet to clear waivers. A trade is also a possibility. The 24-year-old Cuban defector hit .259/.304/.417 in 272 plate appearances split between four minor-league levels this season, notably playing a key role in an ugly brawl with Triple-A Albuquerque. He also struggled through 45 plate appearances in the big leagues, hitting .195/.244/.220. Arruebarrena does, however, have a strong defensive reputation.

Dodgers Sign Brett Anderson

The Dodgers have announced that they’ve signed lefty Brett Anderson to a one-year deal. Anderson, a client of the Legacy Agency, will make $10MM, plus up to $4MM in incentives for innings pitched. The incentives would kick in beginning at 150 innings, and Anderson would receive the full $4MM for pitching 200 innings.

MLB: Colorado Rockies at Chicago CubsThe signing represents yet another fascinating move out of the new L.A. front office. Anderson is still only 26 years old and has generally been quite effective when healthy. But he has not thrown over 100 innings since 2010, falling prey to a variety of maladies, including a UCL tear (and resulting Tommy John surgery) and a stress fracture in his foot. Last year, Anderson fell victim to a freak finger fracture on a hit-by-pitch and ended the year on the operating table for a bulging disc in his back.

With risk looming large in his profile, the Rockies paid Anderson a $1.5MM buyout rather than picking up his $12MM club option. Anderson was also pursued by the Yankees and Athletics before picking his new home, ESPN’s Buster Olney tweets.

For their money, the Dodgers will be adding a true high-ceiling, high-risk arm for the following season. That is the kind of chance a deep-pocketed club can take, of course, as Los Angeles will have options to fill the void if Anderson fails to stay healthy.

If it all works out, it would not be surprising to find that Anderson becomes the steal of the offseason. He threw to a 2.91 ERA last year in just 43 1/3 frames, posting 6.0 K/9 and 2.7 BB/9 along with a typically outstanding 61% groundball rate.

Over 494 career innings, Anderson’s earned run average stands at 3.73, but his career FIP (3.51), xFIP (3.52), and SIERA (3.55) all paint him in even a better light. If one accepts the premise that Anderson would have posted better numbers had he not been constantly succumbing to and returning from injury, his true talent ceiling is probably quite high.

Anderson and Brandon McCarthy will, when their signings are official, step into a rotation fronted by Clayton Kershaw, Zack Greinke, and Hyun-jin Ryu. If all five of those arms manage to stay on the rubber for the most part, that has the look of quite an imposing group. Behind them are pitchers such as Joe Wieland, Zach Lee, and Mike Bolsinger. It would not be surprising, perhaps, to see the Dodgers pursue a veteran to hold down the swingman role played last year by Paul Maholm.

ESPN’s Buster Olney originally tweeted that the two sides had agreed to a deal, and reported the basic financial outline. Yahoo! Sports’ Jeff Passan and the Los Angeles Times’ Dylan Hernandez reported details relating to the incentives in the deal.

Photo courtesy of USA Today Sports Images.

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