Francisco Rodriguez

Francisco Rodriguez takes $3.5 million pay cut to avoid arbitration with Brewers

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Francisco Rodriguez was paid $11.5 million last season and when the Brewers tendered him a contract for 2012 they were risking his possibly being awarded a similar figure in arbitration, but the two sides have avoided a hearing with a one-year, $8 million deal.

That’s still probably more than Milwaukee wanted to pay for a setup man, but Rodriguez was excellent last season with a 2.64 ERA and 79/26 K/BB ratio in 72 innings for the Mets and Brewers.

Had the two sides gone to a hearing Rodriguez likely would have been awarded more than $8 million based on his 2011 salary and track record, but because it would have been a non-guaranteed contract the Brewers also could have cut him in spring training while being on the hook for just a fraction of that money.

At that point the market for closers and veteran setup man would be even more buyer-friendly than it is now, so Rodriguez might have struggled to find another gig for $8 million on short notice. Or at least that’s the only way his accepting $8 million makes sense to me.

Report: Brewers to sign Joba Chamberlain

BOSTON, MA - MAY 21:  Joba Chamberlain #62 of the Cleveland Indians reacts after giving up a grand slam to Mookie Betts #50 of the Boston Red Sox in the seventh inning during the game at Fenway Park on May 21, 2016 in Boston, Massachusetts.  (Photo by Adam Glanzman/Getty Images)
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According to FanRag Sports’ Jon Heyman, free agent reliever Joba Chamberlain has a deal with the Brewers. No confirmation or terms of the contract have been confirmed by the team yet.

Chamberlain, 31, had a promising resurgence in the Indians’ bullpen during 2016. He shaved his ERA down to a modest 2.25 mark over 20 innings with Cleveland, paired with an 8.1 SO/9 and less-than-stellar 5.0 BB/9 rate. Over a decade in the major leagues, the right-hander holds a career 3.81 ERA, 8.8 SO/9 and 3.7 BB/9 rate.

The veteran righty was released by the Indians in July after refusing re-assignment. He’s expected to compete for a major league role this spring.

Athletics sign Santiago Casilla to two-year, $11 million deal

MIAMI, FL - AUGUST 10: Santiago Casilla #46 of the San Francisco Giants throws a pitch during the 9th inning against the Miami Marlins at Marlins Park on August 10, 2016 in Miami, Florida. (Photo by Eric Espada/Getty Images)
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After letting rumors of the deal percolate for the last week, the Athletics officially announced their two-year, $11 million contract with right-hander Santiago Casilla on Friday (and threw a little bit of shade at the Giants, too). As previously reported, the contract includes an extra $3 million in performance bonuses.

Casilla, 36, got his major league start with Oakland back in 2004, racking up a 5.11 ERA and four saves over six seasons in the A’s bullpen. After picking up a minor league deal with the Giants in 2010, the righty flitted in and out of the closing role with varying degrees of success. Notwithstanding a slight downturn in his production rate during the 2016 season, he earned 123 saves and a 2.42 ERA during the past seven years in San Francisco. Securing another closing role might be a little tougher across the Bay, however, with a bullpen that includes fellow closers Ryan Madson, Ryan Dull and Sean Doolittle.