It was pretty clever of Jeff Luhnow to turn Brett Myers into a closer this year, so as to up his trade value at the deadline (everyone wants bullpen help). But to do that, he had to rework Myers’ vesting option language in his contract from one appropriate for a starter to one appropriate for a reliever.
Ken Rosenthal reports that the new vesting option makes it almost certain that Myers is going to go someplace at the deadline, and possibly more cheaply than anticipated:
The Astros reworked Myers’ vesting option when they converted him from a starter to closer in spring training. Under his initial deal, he needed to make only 25 starts and not be on the DL at the end of the season to guarantee his $10 million option for 2013.
The exact number of games that Myers needs to finish for his option to vest under the reworked terms is not known, but the degree of difficulty is comparable to what it was for him as a starter, according to a major-league source. The best estimate, then, is that the number is between 40 and 50.
And as Rosenthal notes, Myers is on pace to finish 57 games. This means that, like K-Rod last year, Myers likely has setup man duties in his future on a contender so no one will have to pay that unit* to him in 2013.
*I like to use the term “unit” to refer to $10 million. I was told by a former client that this is what the newly rich — particularly Texas oilmen of the 1970s — called $10 million anyway. As in “I got my first unit in 1977, right after we struck on that land east of Fort Stockton …” and so forth. I want to believe this is true, though I sometimes suspect I was being put on.
Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.
The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.
Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.
Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.
Update (6:20 PM EST): Former Braves president and Royals GM John Schuerholz was also inducted to the Hall of Fame along with Selig, David O’Brien of the Atlanta Journal-Constitution reports.
Tom Haudricourt of the Milwaukee Journal-Sentinel reports that former commissioner Bud Selig has been elected to the Hall of Fame. Haudicourt adds that Selig was nervous about the vote and didn’t want to talk about it in fear of jinxing it.
Selig’s induction will be controversial, for reasons Craig laid out in his preview on Friday. His induction was also not surprising in the least because he’s on the Hall of Fame board. A commissioner being inducted is standard fare, or as Craig put it, “a gold watch.”
Other inductees joining Selig should be announced shortly.
How about putting Marvin Miller in the Hall of Fame?