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: Diamondbacks acquire Steven Souza from Rays in part of three-team deal

Tampa Bay Rays
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Update (6:35 PM ET): This is a three-team deal also involving the Diamondbacks, per Nick Piecoro of the Arizona Republic. The Diamondbacks will receive outfielder Steven Souza from the Rays and second baseman Brandon Drury will head to the Yankees. Lefty reliever Anthony Banda will go to the Rays, Piecoro adds. The Diamondbacks will also receive prospect Taylor Widener from the Yankees, per Joel Sherman of the New York Post. MLB.com’s Steve Gilbert adds that the Rays will get two players to be named later from the D-Backs.

Souza, 28, is earning $3.55 million in his first of three years of arbitration eligibility, so the Rays are presumably saving money in moving him. Last season, Souza hit a productive .239/.351/.459 with 30 home runs, 78 RBI, 78 runs scored, and 16 stolen bases in 617 plate appearances. Souza’s arrival almost certainly pushes Yasmany Tomas out of a starting gig.

Drury, 25, has played a handful of positions in his brief major league career. Last year, he played second base in Arizona, batting .267/.317/.447 with 13 home runs and 63 RBI in 480 PA.

Banda, 24, made his major league debut last season, posting an ugly 5.96 ERA with a 25/10 K/BB ratio in 25 2/3 innings. The peripherals suggest he pitched better than his ERA indicated.

Widener, 23, was selected by the Yankees in the 12th round of the 2016 draft. This past season with High-A Tampa, he pitched 119 1/3 innings and posted a 3.39 ERA with a 129/50 K/BB ratio. MLB Pipeline rated Widener as the 14th-best prospect in the Yankees’ system.

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Robert Murray of FanRag Sports reports that the Rays will acquire second base prospect Nick Solak from the Yankees. The Yankees’ return is presently not known.

Solak, 23, was selected by the Yankees in the second round of the 2016 draft. He spent last season between High-A Tampa and Double-A Trenton, hitting a combined .297/.384/.452 with 12 home runs, 53 RBI, 72 runs scored, and 14 stolen bases.

MLB Pipeline ranked Solak as the eighth-best prospect in the Yankees’ system and the fifth-best second base prospect in baseball, praising him for his ability to hit line drives as well as his speed.