Walt Jocketty

Reds and GM Walt Jocketty agree to three-year extension

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Walt Jocketty declined to talk about his contract status last week, but today the 60-year-old general manager agreed to a three-year extension with the Reds that runs through 2014.

Jocketty originally joined the Reds as a special advisor to then-GM Wayne Krivsky in early 2008 and then took over the GM role when Krivsky was fired a short time later.

Mark Sheldon of MLB.com notes that the Reds are slightly below .500 (319-323) since Jocketty took over, including a disappointing 76-80 mark this year, but Cincinnati made the playoffs last season for the first time since 1995 and Jocketty was named Sporting News executive of the year.

He was previously GM of the Cardinals from 1995-2007, during which time St. Louis made seven trips to the playoffs and had just three losing records.

Jocketty won’t have a ton of payroll room to work with this offseason and signing Brandon Phillips to a long-term deal may prove difficult, but the Reds are certainly well positioned for contention in 2012.

Report: Mark Trumbo signs three-year, $37.5 million contract with Orioles

TORONTO, ON - OCTOBER 04:  Mark Trumbo #45 of the Baltimore Orioles runs the bases after hitting a two-run home run in the fourth inning against the Toronto Blue Jays during the American League Wild Card game at Rogers Centre on October 4, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
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Update #2 (6:21 PM EST): Make that $37.5 million, per Heyman.

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Update (6:02 PM EST): The deal is for “around” $37 million with deferrals that lower the present-day value, per Jeff Passan of Yahoo Sports.

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Jon Heyman of FanRag Sports reports that free agent 1B/OF Mark Trumbo is close to a deal with the Orioles. He first reported that the two sides were back in touch earlier on Thursday afternoon. According to Ken Rosenthal of FOX Sports, the deal is expected to be for three years and under $40 million.

Trumbo’s market hasn’t developed as he expected. The slugger turned down the Orioles’ $17.2 million qualifying offer back in November. Then the Orioles reportedly made a four-year contract offer to him in December but pulled it off the table. Most recently, a report indicated that Trumbo lowered his expectations to a three-year deal in the $40-50 million range.

Trumbo, 31, led the majors with 47 homers for the Orioles this past season. He also hit a solid .256/.316/.433 with 108 RBI in 667 plate appearances. With Trumbo back in the fold and some slight offensive upgrades made, the Orioles figure to have a formidable offense in 2017.

Astros avoid arbitration with Mike Fiers

SEATTLE, WA - SEPTEMBER 17: Starting pitcher Mike Fiers #54 of the Houston Astros walks to the dugout after pitching an inning during a game against the Seattle Mariners at Safeco Field on September 17, 2016 in Seattle, Washington. The Astros won the game 2-1. (Photo by Stephen Brashear/Getty Images)
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The Astros avoided arbitration with pitcher Mike Fiers, agreeing on a $3.45 million salary for the 2017 season, per Jake Kaplan of the Houston Chronicle. The right-hander was in his first of three years of arbitration eligibility.

Fiers, 31, made 30 starts and one relief appearance for the Astros in 2016. He finished the year with a 4.48 ERA and a 134/42 K/BB ratio in 168 2/3 innings.

Fiers had a much better showing in 2015 as well as in limited action in 2014, so the Astros are hoping he rediscovers that effectiveness going forward. He’ll slot into the back of the starting rotation.