Marlins reach three-year, $27M agreement with Heath Bell

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The run on high-priced free agent closers rolls on.

According to Jayson Stark of ESPN.com, the Marlins have reached agreement on a three-year, $27 million contract with veteran righty Heath Bell.

His contract also includes a vesting option for 2015.

Bell has managed a 2.36 ERA and 1.16 WHIP over the past three seasons in San Diego and is likely to do a fine job at the back end of the Miami bullpen over the duration of his new three-year deal, but $9 million annually is a steep price for a team with many other holes that need patching.

Then again, the Marlins probably aren’t done spending.

The deal will be finalized after Bell takes a pre-signing physical Friday in Miami. Juan Carlos Oviedo (er, Leo Nunez) is likely to be non-tendered this winter. He’s still working on re-entering the United States.

UPDATE, 11:59 PM: FOX Sports’ Ken Rosenthal says the vesting option for 2015 is worth $9 million.

Red Sox trade Roenis Elias back to the Mariners

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The Boston Red Sox announced this afternoon that they’ve traded lefty Roenis Elias to the Seattle Mariners for a player to be named later or cash.

Boston had acquired Elias in the same trade that netted them reliever Carson Smith in exchange for Wade Miley and Jonathan Aro back in December of 2015. Since that time Elias has not been a part of the Red Sox’ plans, pitching in just four big league games — eight innings total — in all of 2016 and 2017 and not making an appearance for the big club this season. He was pretty solid for Pawtucket in 2016 but 2017 was largely lost to injuries.

Now he’s headed back to Seattle where, once upon a time, Elias posted a 3.85 ERA in 29 starts as a rookie for the Mariners.