Blue Jays claim Cory Wade off waivers from Yankees

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When the Yankees designated reliever Cory Wade for assignment last week I wrote that he could help quite a few teams as a bullpen option for 2013 and it turns out one of the other AL East teams agreed.

Toronto claimed Wade off waivers, presumably to give the 31-year-old right-hander a shot at winning a middle relief gig during spring training.

Wade had an ugly 6.46 ERA in 39 appearances for the Yankees this season, but posted a strong 38/8 K/BB ratio in 39 innings and was very good last year with a 2.04 ERA and 30/8 K/BB ratio in 40 frames.

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.