Brewers release veteran starter Jeff Suppan

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Demoted to the bullpen in mid-April after back-to-back ugly starts to begin the season, Jeff Suppan posted a 7.48 ERA in 13 appearances as a reliever, allowing 19 runs on 34 hits and nine walks in 21.2 innings, and was released by the Brewers this afternoon.
Milwaukee signed Suppan to a four-year, $42 million contract in December of 2006 despite his being a 32-year-old journeyman with a 4.60 career ERA who’d posted an ERA below 4.00 exactly once.
For that money Suppan ended up going 29-36 with a 5.08 ERA in 577 innings, with his performance declining so much that the Brewers are now eating about $8 million of the $12.5 million he’s making this season. Oh, and the contract also includes a $12.75 million option for 2011 that the Brewers must buy out for $2 million.
The lesson, of course, is that signing mediocre, over-30 players to big long-term contracts usually doesn’t end well. During the offseason Suppan signed with the Brewers there were 10 free agents who got more than his $42 million: Alfonso Soriano, Barry Zito, Carlos Lee, Aramis Ramirez, J.D. Drew, Gil Meche, Daisuke Matsuzaka, Gary Matthews Jr., Jason Schmidt, and Juan Pierre. I’d say there’s a pretty strong chance the teams regret all 10 of those deals (with the possible exception of Drew … maybe).

Rays trade Jake Odorizzi to Twins

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The Rays have traded right-hander Jake Odorizzi to the Twins, per team announcements on Saturday evening. The Twins will receive minor league shortstop Jermaine Palacios in the deal. Despite previous speculation, recently-DFA’d outfielder Corey Dickerson was not included in the trade.

With Odorizzi, the Twins finally have the front-end starter they’ve been seeking all winter. It’s a bargain deal as well, as the 27-year-old righty is under contract through 2019 and didn’t require the club to part with any of their top-shelf prospects in the trade. Odorizzi will be looking to stage a comeback in 2018 after a dismal performance with the Rays last year, during which he eked out a career-worst 4.14 ERA, 3.8 BB/9 and 8.0 SO/9 through 143 1/3 innings.

Palacios, 21, ranked no. 27 in the Twins’ system last season. He split his year between Single-A Cedar Rapids and High-A Fort Myers, raking a combined .296/.333/.454 with 13 home runs and 20 stolen bases in 539 plate appearances. He’s expected to continue developing at shortstop, though he’s also seen limited time at second and third base during his four-year career in the minors.