Hisashi Iwakuma

UPDATE: A’s deal for Hisashi Iwakuma is dead

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UPDATE: It’s over. Mychael Urban of CSN Bay Area and Jane Lee of MLB.com are reporting that the A’s have failed to reach an agreement with Hisashi Iwakuma. The club’s $19.1 million posting fee will be returned.

8:02 PM: The Athletics have until midnight ET to come to an agreement with Japanese right-hander Hisashi Iwakuma, but things don’t look good.

Jane Lee of MLB.com reports that the two sides have yet to talk today, while Athletics general manager Billy Beane said he would “it would be a surprise” if a deal was reached.

The A’s won the exclusive rights to negotiate with Iwakuma last month by submitting a $19.1 million posting fee. Some have suggested that the A’s may have made the bid in order to block the Mariners and/or Rangers, but their subsequent trade of Vin Mazzaro to the Royals is an indication that their interest was genuine. The more likely scenario is that Beane balked at Iwakuma’s asking price of $11-12 million per season. Hard to argue with that one.

While that’s tough news to take for A’s fans, the club is exploring a multi-year contract extension with Trevor Cahill, according to Buster Olney of ESPN.com. Cahill, who turns 23 in March, went 18-8 with a 2.97 ERA this past season. The young right-hander will not even be arbitration-eligible until next offseason, so the team will likely attempt to buy out his arbitration years and perhaps his first year of free agency. The team signed Brett Anderson to a similar deal in April.

Braves ink Blaine Boyer to a minor league deal

DENVER, CO - OCTOBER 2:  Relief pitcher Blaine Boyer #48 of the Milwaukee Brewers delivers to home plate during the seventh inning against the Colorado Rockies at Coors Field on October 2, 2016 in Denver, Colorado. (Photo by Justin Edmonds/Getty Images)
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The Braves have signed reliever Blaine Boyer to a minor league contract with an invitation to spring training, MLB.com’s Mark Bowman reports. Bowman adds that the right-hander has a “good chance” to make the Braves’ bullpen out of spring training.

Boyer, 35, spent the past season with the Brewers, finishing with a 3.95 ERA and a 26/17 K/BB ratio in 66 innings.

Boyer, of course, started his professional baseball career with the Braves as they selected him in the third round of the 2000 draft. Since the Braves traded him in 2009, Boyer has pitched for the Cardinals, Diamondbacks, Mets, Padres, and Twins along with the Brewers.

Report: Rays nearing a deal with Shawn Tolleson

ST. LOUIS, MO - JUNE 18: Reliever Shawn Tolleson #37 of the Texas Rangers pitches against the St. Louis Cardinals in the eighth inning at Busch Stadium on June 18, 2016 in St. Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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Update (6:48 PM EST): Topkin reports the contract will be of the major league variety.

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Marc Topkin of the Tampa Bay Times reports that the Rays and free agent reliever Shawn Tolleson are close to finalizing a contract.

Tolleson, who turns 29 years old on Thursday, had an ugly 2016 season, finishing with a 7.68 ERA and a 29/10 K/BB ratio in 36 1/3 innings. He was one of the Rangers’ best relievers in the two seasons prior to that, however, which included saving 35 games in 2015.