Melky Cabrera must not think he’s a .340 hitter

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Melky Cabrera signed a two-year, $16 million contract with the Blue Jays, which seems pretty good given that he hasn’t played since getting slapped with a 50-game PED suspension and then got kicked to the curb by the Giants when he was eligible to return in the postseason.

Still, it’s a two-year deal at a fraction of what he figured to get previously. Even if he slumped some during the final month and a half and into the postseason, he was likely looking at something in the neighborhood of $50 million for four years as a free agent this winter. A strong finish could have netted him $70 million for five years.

So why lock into that extra year? Cabrera was no second-year guy needing financial security in the form of a long-term deal; he’s already earned about $11 million in his career. He could afford to gamble if he were confident in his ability to bounce back and put together a strong 2013 season. We may never know whether the Jays would have signed him to a one-year, $8 million deal if that’s what he preferred — they may have wanted that extra upside the second year provides — but it’s hard to imagine they or someone else wouldn’t have given him at least $6 million for 2013 alone.

It suggests to me that Cabrera doesn’t see himself coming back and having another season like his 2012. Because if he did, he would have taken the one-year deal and then chased the big payday.

Maybe I’m wrong. And I don’t want this to read as a condemnation of Cabrera. But it’s intriguing to me. I think of most athletes as supremely confident in their abilities on the field (or the court, track, rink, etc.). And while Melky took his game to a whole new level in 2012, he was also something much more than an $8 million player with the Royals in 2011. If he isn’t confident he can get back to that — if he doesn’t think of himself as being worth $15 million per year or what have you — then I’m not all that sure I’d want to sign him at any price.

Report: Brewers sign Yovani Gallardo to a major league deal

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Free agent right-hander Yovani Gallardo is headed back to the Brewers on a major league deal, The Athletic’s Ken Rosenthal reports. No other terms have been reported yet, as the agreement is still pending a physical.

Gallardo, 31, completed a one-year run with the Mariners before getting his $13 million option declined by the team last month. He provided little value during his time in Seattle, pitching to a 5-10 record in 22 starts and putting up a 5.72 ERA, 4.1 BB/9 and 6.5 SO/9 in 130 2/3 innings as both a starter and reliever.

Still, assuming the veteran righty is on the cusp of a comeback, he may as well try for it with his original club. Gallardo last appeared for the Brewers from 2007 to 2014, racking up a cumulative 20.8 fWAR and peaking during the 2010 season, when he earned his first All-Star nomination and Silver Slugger award. This will be his ninth career season with the club.

Even with Gallardo aboard, the Brewers are expected to continue deepening their pitching stores for 2018. With team ace Jimmy Nelson still recovering from shoulder surgery, the club will enter the season with a projected rotation of Gallardo, Zach Davies, Chase Anderson and Junior Guerra, the latter of whom pitched just 70 1/3 innings in 2017 following a right calf strain and shin contusion. Another big name pitcher could help cement Milwaukee’s rotation and keep them competitive for another year, though they don’t appear to have made any concrete moves in that direction so far.