The Reds hold a $12 million option on closer Francisco Cordero. They want him back. He wants to stay. So it makes sense that they’re in talks with him right now over his future with the team. A future that, given that they’re talking and not just exercising the option, probably means a two-year deal at a lower per annum.
Cordero has had a pretty darn good year for the Reds, with a 2.53 ERA and a 0.975 WHIP in 66 appearances. While a $12 million outlay for a closer is a lot, the failure of Aroldis Chapman to build on his 2010 success likely has the Reds mindful of how valuable a sure-thing closer can be. And if they can break that money up over a couple of years it will be much easier to take.
Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.
Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.
Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.
Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.
According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.
Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.