The Rangers are going to make a five-year offer for Cliff Lee

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George King of the New York Post reports that the Rangers are going to make a five-year offer to Cliff Lee. The Yankees may have already made one, with some putting the dollars at around $23 million a year, so they’ll have to top that. Or at least come close to it if you believe the stuff about relative tax rates and advanced metrics like WAR (Wife Agitation Rate) and APF (Arkansas Proximity Factor).

I don’t have any special insight into the Rangers’ front office on this point, but some people I talk to who say they know a little about them are skeptical that Greenberg and Ryan will lay out that kind of cash.  And given that they’re apparently interested in Zack Greinke and in doing things like moving Neftali Feliz to the rotation, they are certainly prepared to go on without Lee.

But at least now, with a second official bidder, things are about to get interesting.

Report: Pirates sign Felipe Rivero to four-year contract extension

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Ken Rosenthal of The Athletic reports that the Pirates will sign reliever Felipe Rivero to a four-year contract extension that includes two club options. The total value of the deal is believed to be $22 million and each club option is worth $10 million.

Rivero, 26, did not come to an agreement with the Pirates to avoid arbitration in his first year of eligibility ahead of last Friday’s deadline. He requested a $2.9 million salary for the 2018 season while the Pirates countered at $2.4 million. This extension will cover all four years of Rivero’s arbitration eligibility and the two club options can cover his first two years of free agency as well.

Rivero was one of baseball’s best relievers last season, finishing with 21 saves, a 1.67 ERA, and an 88/20 K/BB ratio in 75 1/3 innings. The Pirates acquired him from the Nationals along with minor leaguer Taylor Hearn ahead of the 2016 non-waiver trade deadline in the Mark Melancon deal.

Presumably, Rivero’s extension was in the works before he knew anything about the Andrew McCutchen trade. He made a couple of tweets following this afternoon’s news. In one, he used only the “facepalm” emoji. The other was a .gif of The Office character Jim Halpert yelling, “What is going on?”