Carlos Lee

Dodgers pull out of Carlos Lee trade with Astros

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Carlos Lee was picking his ranch over Hollywood.

With Lee expected to use his partial no-trade clause to reject the deal, the Dodgers pulled out of the trade that would have brought Lee from Houston to Los Angeles, CBS Sports’ Jon Heyman reports. The Dodgers were expected to send the Astros right-hander Garrett Gould in return.

Lee is in the final year of a six-year, $100 million contract. Under normal circumstances, he’d have full no-trade protection as a player with 10 years of service time and the last five with the same team. However, he waived those rights under the terms of the deal. As is, there are 14 teams in his no-trade clause, including the Dodgers.

The Dodgers wanted to bring in Lee to play first base over James Loney. Lee, who continued to play while mulling the trade, went 1-for-4 today and is hitting .285/.336/.402 with five homers and 29 RBI in 246 at-bats for the season. Loney is hitting .236/.303/.323 with two homers and 21 RBI in 220 at-bats.

With Carlos Lee off the table, the Dodgers could take another look at free agent Derrek Lee. Twins first baseman Justin Morneau and Padres third baseman Chase Headley could also be possibilities for the club.

Dodgers sign Rich Hill to a three-year, $48 million deal

LOS ANGELES, CA - OCTOBER 18:  Rich Hill #44 of the Los Angeles Dodgers pitches in the first inning against the Chicago Cubs in game three of the National League Championship Series at Dodger Stadium on October 18, 2016 in Los Angeles, California.  (Photo by Harry How/Getty Images)
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The Dodgers have signed lefty Rich Hill to a three-year, $48 million contract.The deal was reported to be imminent over the weekend, but was finalized today following Hill’s physical.

Hill missed a good deal of time in 2016 with blister issues — and he’ll be 37-years-old on Opening Day — but when he was healthy he was fantastic, posting the best season in his 12-year career. He had a a 2.12 ERA and 129 strikeouts in 110.1 innings between the Athletics and Dodgers.

Along with a healthy Clayton Kershaw a maturing Julio Urias and Kenta Maeda, the Dodgers rotation looks to be a strength in 2017.

UPDATE: Giants agree to a deal with Mark Melancon

LOS ANGELES, CA - OCTOBER 10:  Mark Melancon #43 of the Washington Nationals reacts after the final out as the Nationals defeat the Los Angeles Dodgers 8-3 in game three of the National League Division Series at Dodger Stadium on October 10, 2016 in Los Angeles, California.  (Photo by Jeff Gross/Getty Images)
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UPDATE: Buster Olney reports that a deal is in place pending a physical. The financial terms are not yet known. UPDATE: Joel Sherman of the New York Post hears it’s in the four-year, $62 million range. That will make him, temporarily at least, the highest-paid closer in baseball history.

12:15 PMKen Rosenthal reports that the San Francisco Giants are close to a deal with closer Mark Melancon.

Melancon had an outstanding 2016, posting a 1.64 ERA, 2.42 FIP and a 5.42 K/BB rate in 71.1 innings while saving 47 games for the Pirates and Nationals. You may recall that the Giants had a strong interest in Melancon last summer. It was a well-founded interest given the bullpen woes which waylaid San Francisco in the second half of last season and continued on into the playoffs.

The terms of the apparently impeding deal will be known soon enough, but Rosenthal reported yesterday that Melancon was fielding offers in the four-years, $60 million range. That’s a lot for a closer, but it’ll probably look like a bargain compared to the deals signed with the other two top closers on the market, Aroldis Chapman and Kenley Jansen. Some have speculated that Chapman could get a deal closer to $100 million than $50 million, though that seems optimistic.

What the past couple of seasons have shown, however, is that having a top bullpen will get you very, very far in Major League Baseball. Champan may have been gassed at the end of Game 7, but he was essential to the Cubs’ World Series title. Powerful bullpens gave the Royals a title in 2015 and the Indians an AL pennant this past year. A weak one was, obviously, the Giants’ achilles heel.

Their great need at the back end of the pen, according to Rosenthal’s report, is apparently about to be filled.