Red Sox consider increasing offers to Bay, Holliday

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The Boston Red Sox loaded up on pitching and defense this offseason by bringing in John Lackey, Marco Scutaro and Mike Cameron, then said they were pretty much done with Jason Bay. But guess what? Even the great Theo Epstein can change his mind.

According to the Boston Herald (via our sharp-eyed friends at Rotoworld) the Red Sox are looking at their financial picture to see if they can find enough creativity to increase their offers to either Bay or Matt Holliday.

Previous reports had Boston offering Bay a 4-year deal worth $60 million, and Holliday a 5-year deal for $82.5 million, both rejected with hardly a thought.

Increasing their offer to either player would put the Red Sox at risk of crossing the $170-million luxury tax threshold, and it certainly doesn’t help that the team was unable to unload Mike Lowell to the Rangers.

The other issue is finding a place for Bay or Holliday to play, as the team already has J.D. Drew, Jacoby Ellsbury and Mike Cameron under contract for nearly $22 million. Something, it seems, would have to give.

Examining your financial picture is certainly not the same as preparing an offer, so we’ll see if this talk leads to anything at all. The prudent advice might be for the Red Sox to go into the season with what they have, not panic in response to the Yankees’ moves, and look at making mid-season deals if necessary.

Interestingly, Yankees GM Brian Cashman said on Tuesday that he would not be looking to add a big contract to replace a green Brett Gardner in left field. One wonders if the Red Sox jumping into the fray – should they indeed jump — would change philosophies in the Bronx.

Follow me on Twitter at @bharks.

Report: Arquimedes Caminero likely to sign with Yomiuri Giants

SEATTLE, WA - AUGUST 21: Arquimedes Caminero #48 of the Seattle Mariners delivers a pitch during a game against the Milwaukee Brewers at Safeco Field on August 21, 2016 in Seattle, Washington. The Brewers won the game 7-6. (Photo by Stephen Brashear/Getty Images)
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Mariners’ right-hander Arquimedes Caminero is nearing a deal with the Yomiuri Giants of Nippon Professional Baseball, according to Bob Dutton of the Tacoma News Tribune. The club has reportedly agreed to sell the 29-year-old’s contract, Dutton writes, though no official move has been announced by either team yet. Caminero is under club control through 2020 and currently ineligible for arbitration.

The right-hander began the 2016 season with the Pirates but was sent to the Mariners in a trade for Seattle minor leaguers Jake Brentz and Pedro Vasquez in order to clear space in the Bucs’ bullpen. With the Mariners, Caminero produced a 3.66 ERA and 8.2 K/9 through 19 2/3 innings in the second half of the year. Although he boasts an electric fastball, one which consistently averaged 98.7 m.p.h. in 2016, his success rate has been tempered by poor control throughout his major league career. According to Dutton, the Mariners’ willingness to sell Caminero’s contract was a strong indication that they did not see him as a viable contender for their 2017 bullpen or as a potential trade chip further down the line.

Should the deal go through, the right-hander will be the second former Mariner to sign with a Japanese club for the 2017 season. Per Dutton’s report, outfielder Stefen Romero also picked up a contract with the Orix Buffaloes of NPB in late November.

Gerrit Cole set to begin throwing program

PITTSBURGH, PA - AUGUST 24:  Gerrit Cole #45 of the Pittsburgh Pirates sits in the dugout in the second inning during the game against the Houston Astros at PNC Park on August 24, 2016 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)
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During the Pirates’ FanFest on Saturday, right-hander Gerrit Cole announced that he is back up to full health after being shut down with elbow inflammation in September. Per Rob Biertempfel of the Pittsburgh Tribune-Review, Cole said he’ll start a throwing program on Monday as he works on regaining his form for the 2017 season.

The 26-year-old pitched through 116 innings for the Pirates in 2016, delivering a 3.88 ERA and 2.5 WARP before landing on the disabled list in June with a triceps strain and again in August with elbow inflammation. It was a steep drop for the right-hander, who saw a considerable spike in his ERA and BB/9 rate and struggled to strike out batters at the 8.7 mark he managed in 2015.

The upside? Inflammation was the worst of Cole’s issues in 2016, and while the newfound health issues didn’t help his case for an extension, a more serious injury doesn’t appear to be on the horizon.