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.

Cardinals activate Adam Wainwright from the disabled list

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The Cardinals announced ahead of Tuesday’s series opener against the Reds that pitcher Adam Wainwright has been activated from the 10-day disabled list.

Wainwright, 36, has been absent since mid-August due to a right elbow impingement. The Cardinals plan to use him out of the bullpen through the end of the season. Prior to the injury, the right-hander posted a disappointing 5.12 ERA with a 96/44 K/BB ratio in 121 1/3 innings.

Wainwright is under contract for one more year at $19.5 million before becoming eligible for free agency.

Yankees decide to keep Luis Severino on regular rest, give Twins potential Wild Card preview

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Yankees starter Luis Severino pitched last Friday, putting him on track to start Wednesday’s series finale against the Twins. The Yankees mulled the possibility of pushing him back to start on Friday against the Blue Jays after an off day on Thursday so that the Twins wouldn’t get an early look at Severino in a potential AL Wild Card matchup.

However, MLB.com’s Bryan Hoch reports that Severino will indeed start on Wednesday against the Twins instead of Masahiro Tanaka. Hoch adds that Severino’s preference is to pitch on regular rest.

Severino, 23, has been the Yankees’ best starter this year and would be the most reliable arm in a must-win game. The right-hander is carrying a 13-6 record with a 2.93 ERA and a 218/49 K/BB ratio in 184 1/3 innings.

Entering Tuesday’s action, the Yankees hold a five-game lead over the Twins for the first Wild Card slot. The Twins hold a 1.5-game lead over the Angels for the second slot. The Yankees are also very much in the AL East race, trailing the Red Sox by only three games with 12 games left in the regular season.