stack of money

What does Werth’s $126 million do to the market?

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The Hot Stove is roaring after the Nationals shattered expectations by giving Jayson Werth a seven-year, $126 million deal that matches Vernon Wells’ Blue Jays pact for the third biggest ever given to an outfielder. Only Manny Ramirez, guaranteed $160 million by the Red Sox, and Alfonso Soriano, $136 million from the Cubs, ever received more.

According to ESPN’s Buster Olney, Werth’s deal has “stunned people in the game” and “execs are going nuts about the terms.”

He adds that the last contract to generate the same kind of furor was Kevin Brown’s seven-year, $105 million deal with the Dodgers signed way back in 1998.

We’re guessing that’s hyperbole, but this is the kind of thing that can happens when a down-and-out team needs to make a splash. It brings to mind the Tigers spending $40 million on Ivan Rodriguez in 2004 and $75 million on Magglio Ordonez the following winter.

But Werth is hardly the first player to exceed expectations this winter. John Buck, who received a $2 million deal last winter, got three years and $18 million from the Marlins. Setup man Joaquin Benoit received a three-year, $16.5 million contract from the Tigers. Juan Uribe, who certainly wasn’t offered any multiyear contracts as a free agent both of the previous two wints, received $21 million over three years from the Dodgers.

So, Carl Crawford and Cliff Lee have to be licking their lips. The Angels and Red Sox can claim all they want that the Nationals overpaid for Werth because of their situation, but Crawford is the better bet of the two going forward and he has a great argument for an eight-year deal now. Lee would certainly seem to be worth $23 million per year in this climate.

It may not happen this week, but odds are that Werth’s megadeal is going to be topped at least twice in the near future and probably again in the spring in a Red Sox extension with Adrian Gonzalez.

Angels ink Javy Guerra to minor league deal

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Mike DiGiovanna of the Los Angeles Times reports that the Angels have agreed to terms on a minor league contract with right-handed reliever Javy Guerra. The deal includes an invitation to major league spring training.

Guerra was suspended 50 games by Major League Baseball last July after testing positive for a drug of abuse. That suspension is now over, though Guerra is probably ticketed for the Angels’ Triple-A affiliate to begin the 2016 season.

The 30-year-old made just three major league appearances in 2015 for the White Sox before getting outrighted off Chicago’s 40-man roster. He does own a 2.87 ERA in 150 1/3 career innings, but it has come with bouts of inconsistency and unreliability.

Maybe he can get everything going in the right direction with Anaheim.

Braves sign reliever Carlos Torres

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As first reported by Bill Shanks of Fox Sports 1670, the Braves have signed right-handed reliever Carlos Torres to a minor league contract with an invitation to spring training.

Torres was waived by the Mets in January, somewhat surprisingly, and elected to become a free agent. The 33-year-old ultimately chose Atlanta, where he should have a good shot at an Opening Day roster out of spring training with the rapidly-rebuilding Braves.

Torres posted an ugly 4.68 ERA in 57 2/3 innings last season for the Mets, but he registered a gorgeous 3.06 ERA and 96 strikeouts across 97 innings in 2014.

If he gets off to a good start in 2016, he could become valuable trade bait.

Blue Jays will have a closer competition this spring

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Roberto Osuna became the youngest pitcher to ever play for the Blue Jays last season at age 20 and he rose to the challenge with a 2.58 ERA, 0.92 WHIP, and 75/16 K/BB ratio in 69 2/3 frames. Osuna eventually took over as Toronto’s closer, earning 20 regular-season saves and one in the American League Division Series — a five-out effort in Game 5 to close out the visiting Rangers.

But the Jays upgraded the back end of their bullpen this winter, acquiring Drew Storen from the Nationals in early January for speedy outfielder Ben Revere. Jesse Chavez was also brought to Toronto in a trade with the A’s.

Storen has more experience at closer than Osuna, and Storen struggled when the Nationals tried to put him in a setup role. Storen, in his final year of salary arbitration, also gets paid much more. He’s probably going to enter spring training as the favorite for the Jays’ ninth-inning gig, but there will be a competition …

Blue Jays general manager Ross Atkins told Ben Nicholson-Smith of Sportsnet.ca on Wednesday that he doesn’t expect the team to choose between Osuna or Storen until midway through spring training, if not later.

There’s been talk of making Osuna a starter, so add that wrinkle.

Storen, 28, boasts 95 career major league saves.

Orioles plotting late-offseason push? Gallardo, Fowler, Alvarez, Bruce in consideration

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Baltimore’s front office appears to be lining up a run of potential roster additions leading into the beginning of spring training.

We’ve already passed along the reports suggesting they are close to a three-year deal with free agent starter Yovani Gallardo, but now FOX Sports’ Ken Rosenthal adds that free agent outfielder Dexter Fowler could be next on the Orioles’ target list. It they get those two deals done, the O’s could then chase free agent slugger Pedro Alvarez.

Rosenthal says the Orioles are even eyeing Jay Bruce of the Reds, though the FOX reporter hears the O’s might not have the prospects to pull off that kind of trade.

The focus for the Orioles out of the gate this winter was re-signing Matt Wieters and Chris Davis. Wieters accepted his one-year, $15.8 million qualifying offer in November and Davis was locked up to a seven-year, $161 million contract in mid-January.

Now the O’s are spending a little leftover cash on late-offseason additions to improve their position in what should be a tight 2016 American League East race.