CSNChicago.com’s Patrick Mooney reports that the Cubs have signed Cuban left-hander Gerardo Concepcion to a five-year, $6 million contract.
Jorge Ebro of El Nuevo Herald reported in early February that the deal was done, but it apparently took a little while to make everything final.
Concepcion, 20, was named Rookie of the Year in Cuba’s Serie Nacional last season after posting a 3.36 ERA in 101 2/3 innings. He defected from Cuba to Mexico in June and became a major league free agent in mid-January. The Cubs will probably get him started this year at a lower rung of Single-A.
UPDATE, 3:18 PM: According to beat writer Carrie Muskat of MLB.com, the deal comes with a $3 million signing bonus and the other $3 million is spread across the five-year deal.
The Orioles singlehandedly kept the rumor mill churning this weekend. MLB Network’s Jon Morosi reports that the club is interested in making a play for free agent right-hander Lance Lynn, adding him to a list of potential candidates that also includes free agent righty Alex Cobb. The two are expected to command similar contracts in free agency, but Morosi notes that the Orioles may prefer Cobb based on his familiarity with the AL East.
Lynn, 30, is two years removed from Tommy John surgery on his right elbow. Despite missing the 2016 season, he bounced back with a respectable 11-8 record in 33 starts and complemented his efforts with a 3.43 ERA, 3.8 BB/9 and 7.4 SO/9 over 186 1/3 innings for the 2017 Cardinals. He lost several days with a blister on his pitching hand in early September, but managed to avoid any major injuries and can reasonably be expected to shoulder another heavy workload in 2018.
Lynn may not be the Orioles’ first choice to beef up their starting rotation, but there’s no doubt that he’ll be in high demand as one of very few viable starters on the market this winter. The veteran righty rejected his one-year, $17.4 million qualifying offer from the Cardinals on Thursday and will likely be seeking a multi-year contract, one that Derrick Goold of the St. Louis Post-Dispatch estimates around five years and $100+ million. If the Orioles are willing to bite that bullet, they’ll still need to compensate the Cardinals with their third pick in next year’s draft.