Cardinals void Mateo's $3.1 million deal

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Three months after signing the 16-year-old outfielder to a record $3.1 million pact, the Cardinals on Tuesday voided Wagner Mateo’s contract, saying he failed his physical based on “pre-existing injuries and physical defects.”
Mateo’s deal was the second-largest ever given to a Latin American teenager and the largest given to a position player. Dominican right-hander Michel Inoa received $4.25 million from the A’s last year.
It was reported by ESPN last week that Wagner had recently underwent several eye examinations to determine if he had a degenerative condition that could jeopardize his future. The results weren’t released, but the assumption is that the Cardinals tried to negotiate a lower bonus for Mateo, failed and then opted to void the deal.
The move could have quite an effect on the Cardinals’ efforts in Latin America for years to come. The Mateo signing was a huge step for an organization that had been quiet in the Dominican Republic and Venezuela of late. Voiding the deal three months after coming to terms will likely make prospects and, more importantly, their handlers wary in the future.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.