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Rays and Wade Davis agree to long-term contract worth up to $35.1 million

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Wade Davis is entering his second full season in the majors and wouldn’t have been arbitration eligible until 2013, but today the Rays announced that they’ve signed the 25-year-old right-hander to a long-term contract extension worth up to $35.1 million.

According to Marc Topkin of the St. Petersburg Times the contract is worth at least $12.6 million for four seasons, with the Rays holding team options for 2015, 2016, and 2017 that if exercised would be worth an additional $22.5 million.

If all seven years of the contract are exercised the Rays would be buying out Davis’ final two seasons of minimum salaried serfdom, three seasons of arbitration eligibility, and first two seasons of free agency. Getting all that for $35.1 million would end up being a tremendous bargain for Tampa Bay, but that is offset by the risking of handing $12.6 million in guaranteed money to a young pitcher who would have been cheap until 2013 and was already under team control through 2015.

Davis, who was a third-round pick in 2004 and debuted in late-2009, has a 4.02 ERA, .253 opponents’ batting average, and 149/75 K/BB ratio in 204 career innings. He looks like a solid mid-rotation starter right now and may still have the potential to develop into a solid No. 2 guy.

Josh Johnson retires from baseball

PEORIA, AZ - FEBRUARY 21: Josh Johnson #55 of the San Diego Padres poses during Picture Day on February 21, 2014 at the Peoria Sports Complex in Peoria, Arizona. (Photo by Mike McGinnis/Getty Images)
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Oft-injured pitcher Josh Johnson is retiring from baseball, ESPN’s Jerry Crasnick is reporting.

Johnson, 32, hasn’t pitched in the majors since 2013. The right-hander underwent his third Tommy John surgery in September 2015 but wasn’t able to bounce back.

Johnson spent most of his career with the Marlins, but also pitched for the Blue Jays in the big leagues, as well as the Padres in the minors. He retires with a career 3.40 ERA, 915 strikeouts across 998 innings in the majors, and two All-Star nominations. Johnson led the National League with a 2.30 ERA in 2010, finishing fifth in NL Cy Young Award balloting. One wonders what he could have accomplished if he was able to stay healthy.

Report: Angels close to a multi-year deal with Luis Valbuena

HOUSTON, TX - JULY 08:  Luis Valbuena #18 of the Houston Astros hits a three run walkoff home run in the ninth inning to defeat the Oakland Athletics 10-9 at Minute Maid Park on July 8, 2016 in Houston, Texas.  (Photo by Bob Levey/Getty Images)
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The Angels are nearing a multi-year deal with free agent third baseman Luis Valbuena, Jeff Fletcher of the Orange County Register reports. It’s believed to be a two-year contract with a third-year option.

Valbuena, 31, hit .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances in 2016. He missed most of the second half with a hamstring injury, for which he underwent surgery in late August.

Valbuena has played a majority of his career at third base, but also has extensive experience at second base and has racked up innings at first base and shortstop as well. He won’t play every day for the Angels, as Yunel Escobar lays claim to third base and C.J. Cron first base, but he will give them flexibility and a left-handed bat off the bench.