Rockies sign Michael Cuddyer to three-year, $31.5 million deal

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Minnesota made a $25 million offer to Michael Cuddyer at least 10 days ago and signed Josh Willingham to replace him yesterday, and now Jon Heyman of CBSSports.com reports that Cuddyer “is in agreement” with Colorado on a three-year, $31.5 million deal.

By avoiding any comments to the media and not giving the Twins a decision for more than a week Cuddyer made it pretty clear that he preferred not to return to Minnesota. It seems unlikely that Colorado was his first choice when the offseason began, but few teams appeared willing to give the 33-year-old right fielder a three-year commitment and obviously calling Coors Field home is a nice bonus for any hitter.

And of course $31.5 million is pretty good money, too. Cuddyer, who was the Twins’ first-round pick out of high school in 1997 and played his entire career in Minnesota, hit .284 with 20 homers and an .805 OPS in 139 games this year and has a lifetime .794 mark.

In addition to saving $10 million in the Cuddyer-for-Willingham swap the Twins also receive a pair of compensatory draft picks, although neither will be in the first round thanks to the Rockies going 73-89 in 2011.

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.