Jon Heyman reports that Ryan Madson are close to signing a deal. It would be for one year. Heyman says that Madson would become the Angels closer, and that Ernesto Frieri would set up. The financial terms are not yet known.
Madson missed the entire 2012 season after undergoing Tommy John surgery. In 2011 he posted a 2.37 ERA in 60 and two-thirds innings for Philly, saving 32 games. The Angels are taking a bit of a gamble on Madson by making him their closer — command often lags arm strength for members of the Tommy John Alumni Society — but with Frieri around, the risk is less than it might be for many teams.
Joel Sherman of the New York Post reports that the Rockies are close to an agreement with free agent reliever Bryan Shaw. According to ESPN’s Buster Olney, Shaw’s deal is for three years and will guarantee about $9 million per year.
Shaw, 30, has spent the last five seasons in the Indians’ bullpen. Over that span of time, mostly setting up for closer Cody Allen, Shaw put up an aggregate 3.11 ERA with a 333/119 K/BB ratio in 358 2/3 innings.
The Rockies have been in hot pursuit of bullpen help after losing Greg Holland and Pat Neshek to free agency. Shaw would certainly represent a significant improvement in the bullpen.