Blue Jays lock up Ricky Romero through at least 2015

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UPDATE: According to Jon Paul Morosi of FOXSports.com, the contract includes a club option for 2016.

3:08 PM: Ken Rosenthal of FOXSports.com reports that the Blue Jays have signed Ricky Romero to a five-year, $30.1 million extension.

According to Rosenthal, it is the largest guarantee for any pitcher with less than two years of service time. The contract will cover the 2011-2015 seasons and if my calculations are correct, this would buy out his first year of free agency. It equals the deal given to Yovani Gallardo this April.

Romero, 25, is 22-16 over his first 52 major league starts, including a 3.53 ERA through 23 starts this season. 

An interesting contrast is Brett Anderson’s recent extension with the Athletics. He was signed to a four-year, $12.5 million contract with an $8 million club option for 2014 and a $12 million club option for 2015 (his first year of free agency). If he plays out the entire length of the contract, Anderson would have the chance to make $31 million, nearly equaling the Romero deal.

Not saying that the Romero deal is bad, necessarily, but Anderson’s deal comes with considerably less risk.

Report: Brewers have made formal contract offer to Yu Darvish

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Yahoo Japan reported on Sunday (Monday there) that the Brewers have made a formal contract offer to free agent pitcher Yu Darvish. Ken Rosenthal of The Athletic has confirmed Yahoo Japan’s report. The length of the offered contract and the value are not known at the moment.

Darvish recently said on his personal Twitter account that the Rangers, Yankees, Cubs, Astros, Twins, and “one more team” have been in the running for his services. The unnamed team was believed to be the Dodgers, but it may well be the Brewers.

The Brewers could certainly use Darvish’s arm. Chase Anderson and Zach Davies currently lead the starting rotation and the club added Jhoulys Chacin and Yovani Gallardo this offseason.

Darvish, 31, posted a 3.86 ERA with a 209/58 K/BB ratio in 186 2/3 innings between the Rangers and Dodgers in the regular season last year. He faltered in the playoffs, specifically in the World Series, where he gave up nine runs in 3 1/3 innings across two starts. Darvish was apparently tipping his pitches, however, which is a correctable issue.