Twins and Francisco Liriano avoid arbitration with one-year deal

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The Twins and Francisco Liriano have avoided arbitration by agreeing to a one-year, $4.3 million contract, according to the team’s Twitter feed.

Liriano requested $5 million and was offered $3.6 million from the Twins when arbitration figures were submitted last month, so the two sides ultimately settled at the exact midpoint.

The 27-year-old left-hander went 14-10 with a 3.62 ERA over 31 starts last season, setting career-highs with 201 strikeouts over 191 2/3 innings. It has taken Liriano a while to find his footing after Tommy John surgery, but thanks to a sharp uptick in velocity last season, he began to resemble the emerging ace we saw back in 2006.

Liriano remains under team control though 2012, so the Twins still have some time to talk about a long-term contract extension.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.