As expected, the Diamondbacks announced today that they have exercised the $6.5 million club option on J.J. Putz’s contract for next season.
This was a pretty easy call for the Diamondbacks, as Putz has proved to be an excellent bargain for the club so far. Putz, who turns 36 in February, has earned $8.5 million over the past two seasons while posting a 2.48 ERA and 126/23 K/BB ratio over 112 1/3 innings. He is 77-for-86 in save opportunities during that timespan.
Putz’s career was at a crossroads after an elbow injury limited him to 29 appearances with the Mets in 2009, but he has made 57 or more appearances in each of the last three seasons.
While Putz will be in the fold for 2013, Diamondbacks general manager Kevin Towers is open to the idea of keeping him long-term. According to Jack Magruder of FOX Sports Arizona, Towers said today that he hopes to talk to Putz soon about a possible contract extension which would allow him to finish his career with Arizona.
The Reds have signed free agent reliever Oliver Perez to a minor-league contract, the team announced Saturday. The deal comes with a major-league invite and could be worth $1.25 million if Perez secures a roster spot this spring, with an additional $500,000 in potential performance bonuses.
Perez, 36, is coming off of a two-year run with the Nationals. He produced a 4.64 ERA, 3.3 BB/9 an d10.6 SO/9 through 50 relief appearances and 33 innings with the club in 2017. The veteran lefty hasn’t kept an ERA under 4.00 in at least four seasons, but he continues to be undeniably solid against left-handed batters, holding them to a .227/.301/.364 batting line over 18 1/3 innings last year.
While returning southpaw Wandy Peralta appears to have locked down a bullpen spot already, Perez will still compete for another role against fellow left-handers Cody Reed and Amir Garrett, both of whom also have experience in the rotation. If Perez doesn’t break camp with the team, MLB.com’s Mark Sheldon notes, he’ll be permitted to opt out of his contract. The Reds are currently looking to bounce back from a dismal performance in 2017, one in which their bullpen ranked 28th among major league teams with a collective 5.63 ERA and -1.2 fWAR.