Wakefield to keep knuckling along in Boston

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Torn up Monday was baseball’s one truly unique contract.
And, arguably, one of the most foolish.
In April 2005, a then 38-year-old Tim Wakefield made a deal with the Red Sox that gave the team a one-year, $4 million extension for 2006 and $4 million in perpetuity after that. The Red Sox had exercised those options religiously through 2009 and only hesitated on pulling the trigger for 2010 based on Wakefield’s recent back surgery.
So, the Red Sox and Wakefield got together for another incredibly amiable round of negotiations and came to a new agreement that gave the knuckleballer a multiyear deal for the first time since he wrapped up a three-year pact in 2005. Wakefield is guaranteed $3.5 million in 2010 and $1.5 million in 2011. He will earn $5.5 million next year if he makes 30 starts and $3.5 million in 2011 if he pitches 160 innings. So, if he stays healthy, he could beat the $8 million he would have earned had the Red Sox simply kept exercising their options.
Amazingly, the $5.5 million figure would be a career high salary if Wakefield could reach it. His previous high salary was $4.67 million, from the final year of that three-year deal that ended in 2005.
Wakefield has won 16 games four times in his career. He has 11 seasons in double figures in wins. He’s seventh among active pitchers with 189 wins and eighth with 1,979 strikeouts. Through all of that, he’s earned a mere $50.495 million, according to Baseball Reference data.
Now, sure, that should be enough to pay for a nice house and at least a year and a half at a decent university. But it’s less than the Red Sox paid the Seibu Lions for the rights to Daisuke Matsuzaka ($51.111 million). It’s less than Darren Dreifort received in his five-year, $55 million deal with the Dodgers signed after 2000. He was 39-45 at that point and 9-15 from then on. It’s a small fraction of the $124 million that Mike Hampton has received while racking up 148 career wins.
The Red Sox have been accused of paying too much attention to the bottom line during Theo Epstein’s regime, but in this case, they appear to be rewarding a player whose loyalty has left him with a smaller wallet than he would have had otherwise. No, Wakefield was never a candidate for a $50 million deal — there’s just too much suspicion about that knuckler — but he should have been making at least $7 million-$8 million per year in his upper-30s. To give him some added security now was a nice gesture.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.

Orioles acquire Alec Asher from the Phillies

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The Phillies announced on Tuesday that the club traded pitcher Alec Asher to the Orioles for a player to be named later.

Asher, 25, was the victim of a roster crunch. He was not going to make the 25-man roster and the starting rotation at Triple-A Lehigh Valley was already full. The Phillies acquired him from the Rangers in the July 2015 Cole Hamels trade.

Asher had good results in 27 2/3 innings in the big leagues last year, posting a 2.28 ERA with a 13/4 K/BB ratio. While it didn’t show in those stats, the right-hander sometimes struggles with command and he doesn’t miss bats often enough to make up for it. The Orioles, however, are happy to add some pitching depth.