Derek Holland

Rangers sign Derek Holland to five-year, $28 million deal

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Derek Holland and the Rangers have agreed to a five-year, $28 million contract that includes team options for 2017 and 2018, according to Jeff Wilson of the Fort Worth Star Telegram.

Holland wasn’t even arbitration eligible yet and Texas had him under team control through 2015 already, so the five-year contract cancels out his previous minimum-salaried deal for 2012, pre-pays for all three arbitration seasons, and buys out his first season of free agency while giving the Rangers options on his second and third free agent years.

Holland emerged as a top prospect after being a 25th-round pick in 2006 and established himself as one of the league’s best left-handed starters last year at age 24, throwing 198 innings with a 3.95 ERA and 162/67 K/BB ratio while calling an extreme hitters’ ballpark home.

Early last year Trevor Cahill and Clay Buchholz both signed five-year, $30 million contracts while having similar service time to Holland. He has just one full season in the rotation and currently sports a modest 4.73 career ERA thanks to an ugly debut as a 22-year-old in 2009, but if he stays healthy the Rangers will be plenty happy with the investment to control Holland through age 31. And now Holland is set for life, so he can focus solely on pitching and mustache growing.

UPDATE: According to Richard Durrett of ESPN Dallas the option years are worth $11 million in 2017 and $11.5 million in 2018, so the total value of the contract could rise over $50 million for seven seasons.

2016 postseason playoff shares announced

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OXON HILL, Md — There used to be a time when postseason money was bigger than most players’ actual salaries. Winning a pennant in baseball’s Golden Age was great for its own sake, but if you were one of the guys who hung around with, say, the Yankees for a long time like Frank Crosetti, the money was basically life-changing.

That’s not the case any longer, but the money is still pretty good, as evidenced by the postseason shares handed out for this past postseason, which were just announced and are set forth below.

Shares come from the “players’ pool,” which calculated by taking 50 percent of the gate receipts from the Wild Card Games; 60 percent of the gate receipts from the first three games of the Division Series; 60 percent of the gate receipts from the first four games of the League Championship Series; and 60 percent of the gate receipts from the first four games of the World Series.  The players’ pool is divided among the 10 Postseason Clubs. The 2016 players’ pool was a record total of $76,627,827.09. Last year it was $69,882,149.26.

The clubs themselves decide how many shares to allocate, with the players making decisions regarding which part timers, cup-of-coffee callups, staffers, etc. get. They also have the ability to hand out straight cash awards in whatever amount they want as opposed to a percentage cut of the postseason money.

The breakdown:

  • Chicago Cubs (Share of Players’ Pool: $27,586,017.75; value of each of full share: $368,871.59) – The Cubs issued 66 full shares, a total of 8.7 partial shares and four cash awards;
  • Cleveland Indians (Share of Players’ Pool: $18,390,678.50; value of each of full share: $261,804.65) – The Indians issued 60 full shares, a total of 8.75 partial shares and 16 cash awards.
  • Los Angeles Dodgers (Share of Players’ Pool: $9,195,339.25; value of each of full share: $123,741.24) – The Dodgers issued 65 full shares, a total of 8.285 partial shares and 20 cash awards.
  • Toronto Blue Jays (Share of Players’ Pool: $9,195,339.25; value of each of full share: $123,045.09) – The Blue Jays issued 66 full shares, a total of 7.75 partial shares and 15 cash awards.
  • Boston Red Sox (Share of Players’ Pool: $2,490,404.38; value of each of full share: $33,761.22) – The Red Sox issued 61 full shares, a total of 10.686 partial shares and 14 cash awards.
  • San Francisco Giants (Share of Players’ Pool: $2,490,404.38; value of each of full share: $36,443.03) – The Giants issued 57 full shares, a total of 10.5 partial shares and nine cash awards.
  • Texas Rangers (Share of Players’ Pool: $2,490,404.38; value of each of full share: $38,422.69) – The Rangers issued 54 full shares, a total of 10.19 partial shares and seven cash awards.
  • Washington Nationals (Share of Players’ Pool: $2,490,404.38; value of each of full share: $35,442.68) – The Nationals issued 60 full shares, a total of 10.209 partial shares and one cash award.
  • Baltimore Orioles (Share of Players’ Pool: $1,149,417.41; value of each of full share: $18,351.02) – The Orioles issued 52 full shares, a total of 8.36 partial shares and 30 cash awards.
  • New York Mets (Share of Players’ Pool: $1,149,417.41; value of each of full share: $17,951.65) – The Mets issued 51 full shares, a total of 12.75 partial shares and five cash awards.

 

Cubs-Royals reportedly agree to the Wade Davis-Jorge Soler deal

KANSAS CITY, MO - APRIL 3:  Wade Davis #17 of the Kansas City Royals throws against the New York Mets at Kauffman Stadium on April 3, 2016 in Kansas City, Missouri. (Photo by Ed Zurga/Getty Images)
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It was rumored to be close last night but now Bob Nightengale of USA Today is reporting that the Cubs and Royals have agreed to the Wade Davis for Jorge Soler deal. Jeff Passan of Yahoo first reported that the deal was close last night. It’s not a completely done deal as the official announcement is pending physicals, but an announcement could come this morning.

Davis has been one of the most dominant relievers in baseball over the past three seasons, posting a 1.18 ERA with 47 saves and a 234/59 K/BB ratio in 182.2 innings. He did, however, miss a lot of time in 2016 — basically the month of August — due to arm trouble and expecting him to be the circa 2014 Wade Davis is probably unrealistic. He’s owed $10 million for 2017 and can become a free agent after the 2017 season. He’ll fill the void left by the departing Aroldis Chapman as Joe Maddon and the World Series champs’ closer.

Soler, who will be 25 when the 2017 season begins, hit .238/.333/.436 with 12 homers and 36 RBI in 86 games last season. He strikes out a lot but takes walks t00 and has shown some good power in short bursts. He’s the sort of player who one could easilsy see putting things together to become a solid regular, which makes him a decent return for giving up a closer in his walk year.