Red Sox sign Nick Punto for two years and $3.5 million

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This morning the Red Sox traded infielder Jed Lowrie to the Astros in a deal for reliever Mark Melancon and it didn’t take them long to replace him, with Jon Heyman of CBSSports.com reporting that Boston has signed Nick Punto to a two-year, $3.5 million contract.

Punto was paid just $750,000 by the Cardinals and making a two-year commitment to a 34-year-old utility man with a .652 career OPS seems excessive, but he hit well in 63 games for St. Louis this season and is a standout defender at second base, third base, and shortstop.

For years Punto was overmatched as a regular in Minnesota, but as a utility man he’s an excellent fit even if the Red Sox paid a premium for a role player. Hopefully the Fenway Park crowd likes head-first slides.

Report: Brewers sign Yovani Gallardo to a major league deal

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Free agent right-hander Yovani Gallardo is headed back to the Brewers on a major league deal, The Athletic’s Ken Rosenthal reports. No other terms have been reported yet, as the agreement is still pending a physical.

Gallardo, 31, completed a one-year run with the Mariners before getting his $13 million option declined by the team last month. He provided little value during his time in Seattle, pitching to a 5-10 record in 22 starts and putting up a 5.72 ERA, 4.1 BB/9 and 6.5 SO/9 in 130 2/3 innings as both a starter and reliever.

Still, assuming the veteran righty is on the cusp of a comeback, he may as well try for it with his original club. Gallardo last appeared for the Brewers from 2007 to 2014, racking up a cumulative 20.8 fWAR and peaking during the 2010 season, when he earned his first All-Star nomination and Silver Slugger award. This will be his ninth career season with the club.

Even with Gallardo aboard, the Brewers are expected to continue deepening their pitching stores for 2018. With team ace Jimmy Nelson still recovering from shoulder surgery, the club will enter the season with a projected rotation of Gallardo, Zach Davies, Chase Anderson and Junior Guerra, the latter of whom pitched just 70 1/3 innings in 2017 following a right calf strain and shin contusion. Another big name pitcher could help cement Milwaukee’s rotation and keep them competitive for another year, though they don’t appear to have made any concrete moves in that direction so far.