Ryan Madson

A look at the closer market minus Jonathan Papelbon


The Phillies just went and bought themselves the best closer available this winter. Now we’ll see who else is ready to ante up.

Here’s how I ranked the available closers in the top 111 free agents:

6. Papelbon
12. Heath Bell
14. Ryan Madson
16. Francisco Rodriguez
24. Francisco Cordero
40. Joe Nathan
45. Jonathan Broxton
47. Matt Capps
53. Frank Francisco

Those first five guys were always pretty much guaranteed to open next season as closers, and Nathan is certain to have a job in that role if he wants one. The remaining three are possibilities as cheap closers but could also sign as setup men.

And the teams looking for closers now that the Phillies are out of the hunt:

San Diego
L.A. Dodgers
N.Y. Mets

Other possibilities: Washington, Texas, Chicago White Sox, L.A. Angels, St. Louis

I’m ordering those teams in presumed willingness to spend. I think it’s pretty much a given that Boston, Cincinnati and Toronto will sign new closers, probably from among the “big four” remaining closers. San Diego is a wild card; the Padres would spend a substantial amount to re-sign Bell, but they’ll probably go cheap if they can’t land him.

It seems to me that it’s much more of a buyers market now with the Phillies and Papelbon out of the mix. I think the Red Sox would love Madson, but not at the four years and $44 million he was rumored to be getting from Philadelphia. Now, however, he might come off the board substantially cheaper than that. The Blue Jays want a big-time closer, but it’s hard to see them going past $10 million per year. I expect Cincinnati will simply re-sign Cordero. Teams like the Orioles and Mets could gamble on Broxton or Brad Lidge.

One way it could potentially shake out:

Boston: Madson – four years, $36 million
Toronto: K-Rod – two years, $18 million
Cincinnati: Cordero – two years, $16 million
San Diego: Bell – accepts arbitration
Minnesota: Nathan – two years, $12 million

Now, on the other hand, there’s still the possibility those contracts could go substantially higher. The Marlins could decide to throw big money at a closer if they get spurned by Albert Pujols and Jose Reyes. The Rangers could decide to shift Neftali Feliz to the rotation and then bid for Madson. The Nationals could trade Drew Storen and make a run at Madson. The Cards would have money to spend on the bullpen if Pujols decides to head elsewhere.

As is, though, I think the teams that are patient will be rewarded and that the Phillies’ decision to give $50 million to Papelbon will look like a big overpay at the conclusion of the winter. But only time will tell.

Orioles have reached out to Yovani Gallardo

Yovani Gallardo
AP Photo/Tony Gutierrez

From Jon Heyman of CBS Sports comes word that the Orioles “like” free agent starter Yovani Gallardo and “have reached out to him” to gauge his interest in coming to Baltimore and what that might cost.

Gallardo rejected a one-year, $15.8 million qualifying offer from the Rangers earlier this month and so his free agency is tied to draft pick compensation, but that shouldn’t hurt his bottom line all that much.

The 29-year-old right-hander posted a solid 3.42 ERA in 184 1/3 innings (33 starts) this past season for Texas and he pitched well in his one ALDS start.

Heyman reported a few weeks ago that the Diamondbacks are interested, and the Cubs, Blue Jays, and Dodgers were tied to him just ahead of the July 31 trade deadline.

Cubs, Cardinals, Giants, Dodgers, and Red Sox all showing serious interest in David Price

AP Photo/Tim Donnelly

David Price has expressed a desire to return to Toronto, where he finished out the 2015 season, but FOX Sports’ Ken Rosenthal writes Wednesday that the Blue Jays “are not expected to be a major factor in his free agency.”

The teams that should be considered serious suitors, per Rosenthal, are the Cubs, Cardinals, Giants, Dodgers, and Red Sox — all deep-pocketed teams looking to contend in 2016. Money is apparently the issue for the Blue Jays, who are currently owned by Rogers Communications.

Price registered an outstanding 2.45 ERA, 1.076 WHIP, and 225/47 K/BB ratio in 220 1/3 innings (32 starts) this past season between the Tigers and Jays, finishing second in the American League Cy Young Award race behind Dallas Keuchel of the Astros.

The 30-year-old left-hander is probably looking for a six- or seven-year contract worth more than $25 million per season. He is represented by agent Bo McKinnis.

Marlins have begun extension talks with Dee Gordon

Dee Gordon
AP Photo/Alex Brandon

Barry Jackson of the Miami Herald wrote three weeks ago that the Marlins were probably going to explore an extension this winter with second baseman Dee Gordon. And it sounds like those talks are underway.

Via beat writer Joe Frisaro of MLB.com:

As a guest on MLB Network’s “Hot Stove” show Wednesday morning, Gordon confirmed his camp has been in talks with the Marlins regarding a multiyear deal. A source told MLB.com that the discussions are preliminary and have just recently started.

“My agent is doing the talking,” Gordon said on the show. “They’re just keeping me in the loop. I think it’s going pretty well right now. We’ll see how that goes. I’m just playing the waiting game. We’re going to do the right thing.”

The 27-year-old carries three more seasons of salary arbitration, so there’s no real rush to get something done before next spring. Gordon carries quite a bit of leverage after posting a career-best .333/.359/.418 slash line in 145 games this past season for the Fish. He led all major leaguers in hits (205) and stolen bases (58).

Braves sign Bud Norris to one-year contract

Bud Norris

Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of CBSSports.com says it’s worth $2.5 million, which is a huge cut from his $8.8 million salary this year.

Norris had established himself as a solid mid-rotation starter from 2009-2014, but had a brutal 2015 season split between the Orioles and Padres with a 6.72 ERA in 83 innings and a late-season move to the bullpen.

In announcing the signing the Braves referred to Norris as a starting pitcher, so joining the rotation for a rebuilding team gives him a chance to get his career back on track with an eye on hitting the open market as a free agent again next offseason. And if he fares well, the Braves could use him to add a prospect or two at the trade deadline.