Penny pinching Pirates drop closer Matt Capps

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Pittsburgh has spent months trying to trade closer Matt Capps, but after finding zero takers the Pirates decided to non-tender him rather than go to arbitration. Capps struggled mightily in 2009 and likely would have been awarded a salary in the neighborhood $3 million, but that’s hardly a budget-crippling number even for a small-payroll team and he posted a 3.06 ERA in 217.1 innings from 2005 to 2008.
Capps is unlikely to find another team willing to let him close, but a return to his pre-2009 effectiveness would make him a very solid setup man and given the Pirates’ history with such things they don’t figure to spend the freed up $3 million any better. For now at least Joel Hanrahan is the favorite for saves in Pittsburgh, but he struggled in that role for the Nationals, has a 4.74 career ERA, and is actually older than Capps.

Yankees sign CC Sabathia to one-year, $10 million deal

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Mark Feinsand of MLB.com reports that the Yankees have re-signed left-hander CC Sabathia to a one-year, $10 million contract. The deal does not come with options and is still pending a physical, which is expected to take place later today.

Sabathia, 37, is poised to enter his 18th season in the majors and his 10th in New York. He went 14-5 in 27 starts with the 2017 Yankees, improving on his 2016 totals with a 3.69 ERA, 3.0 BB/9 and 7.3 SO/9 over 148 2/3 innings. He provided a welcome boost in the playoffs, too, keeping the Yankees alive in an ALDS Game 5 clincher and returning in Game 3 of the ALCS with six shutout innings.

The Yankees weren’t Sabathia’s only suitors this winter, which comes as little surprise given the southpaw’s durability and consistency on the mound, to say nothing of the leadership role he’s assumed in the Yankees’ clubhouse. From Sabathia’s agent, Kyle Thousand (via Joel Sherman of the New York Post):

There were very competitive offers out there that really made CC take his time. In the end, he feels there’s unfinished business to attend to. Loves his teammates, clubhouse and the moves the Yankees are making this offseason. [He] wanted to come back for his 10th season with the Yankees.

Chris Cotillo of SB Nation adds that the Yankees had freed up the $10 million for Sabathia’s contract after trading Chase Headley to the Padres last Tuesday. The club is expected to continue pursuing additional pitching depth this offseason, and has been linked to names like Zack Greinke, Chris Archer and Gerrit Cole so far.