Royals re-sign Jeremy Guthrie to three-year, $25 million deal

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After some talk recently that free agent Jeremy Guthrie had priced himself out of the Royals’ range the two sides have agreed to a three year deal worth $25 million, according to Bob Dutton of the Kansas City Star.

Guthrie was a solid innings-eater for the Orioles, but things went horribly for him following a trade to the Rockies last offseason. He threw 91 innings for Colorado with a 6.35 ERA and .324 opponents’ batting average, at which point the Rockies dumped him on the Royals in exchange for Jonathan Sanchez.

And then Guthrie turned things around in Kansas City, starting 12 games with a 3.16 ERA to convince the Royals he was worth making a three-year commitment to at age 34. He’ll get $5 million in 2013, $11 million in 2014, and $9 million in 2015.

He’s thrown at least 175 innings in six straight seasons, but Guthrie has never managed an above-average strikeout rate despite good velocity and his career ERA as a starter is 4.21. He’s a solid, durable third or fourth starter entering his mid-30s and that type of player certainly has plenty of value, but a three-year, $25 million commitment seems awfully rich.

The Tigers decline Anibal Sanchez’s 2018 option

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From the “this does not surprise us in the very least” department, Tigers GM Al Avila announced today that the club is declining its $16 million option on right-hander Anibal Sanchez.

Sanchez had a terrible year in 2017, going 3-7 with a 6.41 ERA in 2017. That’s a long slide down from his 2013 season, in which he won the AL ERA title, going 14-8 and posting an ERA of 2.57 in the first year of his five-year, $80 million deal. Since then he’s gone 28-35 with a 5.15 ERA. He never started 30 games or more over the course of the contract.

The declination of the option does come with a nice parting gift for Sanchez: a $5 million buyout. Which is pretty dang high for a buyout, but that’s how the Tigers rolled three or four years ago.