Blue Jays release Mark Teahen, eat $5.5 million salary

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UPDATE: As expected, Teahen and his $5.5 million contract passed through waivers unclaimed and today the Blue Jays released him. They’re on the hook for his entire salary.

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Toronto needed to clear a spot on the 40-man roster for newly signed reliever Darren Oliver and did so by designating Mark Teahen for assignment.

Teahen went from the White Sox to the Blue Jays in the eight-player swap built around Colby Rasmus and Edwin Jackson in July, with Toronto agreeing to assume the $7 million or so left on his contract as part of the value received by Chicago.

He’s still owed $5.5 million this season and Teahen is coming off a career-worst year in which he hit .200 with a .573 OPS in 78 games, so it’s pretty safe to assume his contract will clear waivers.

Cubs sign Drew Smyly to a two-year, $10 million contract

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The Cubs announced on Tuesday evening that the club signed pitcher Drew Smyly to a two-year contract. Ken Rosenthal of The Athletic reports the contract is for $10 million total and allows Smyly to earn another $7 million with performance bonuses. Smyly was non-tendered by the Mariners at the beginning of the month and became a free agent.

Smyly, 28, underwent season-ending Tommy John surgery in late June. He’s expected to miss, at minimum, the first half of the 2018 season. The Cubs are hoping he can contribute to a playoff push in the latter half of the season as well as in 2019.

Smyly didn’t pitch at all in 2017. When he was healthy the season prior, he made 30 starts for the Rays and put up a 4.88 ERA and a 167/49 K/BB ratio in 175 1/3 innings.