Jonathan Broxton

The Reds re-sign Jonathan Broxton to a three-year, $21 million deal

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UPDATE: Yes, it was close to Brandon League’s deal. Ken Rosenthal reports that Broxton is getting three years and $21 million guaranteed. The salaries climb, paying him $4 million in 2013, $7 million in 2014, $9 million in 2015 and either a $1 million buyout or a $9 million option for 2016.

That may seem crazy for a guy like Broxton, but I bet that becomes the going rate for adequate-but-not-spectacular closers here pretty soon.

1:25 AM: CBSSports.com’s Jon Heyman reports that the Reds and Jonathan Broxton have come to terms on a multiyear deal that is set to be announced Wednesday.

It’s expected to be a three-year pact, and one imagines it’ll come in close to Brandon League’s three-year, $22.5 million deal with the Dodgers.

The plan appears to be for Broxton to step into the closer’s role, with Aroldis Chapman joining Johnny Cueto, Mat Latos, Bronson Arroyo and Homer Bailey in the rotation. Mike Leake would work in relief.

It’s a switch with tons of upside, but also with plenty of risk. Of the three biggest relief-to-starting conversion stories last year, only one paid off: Chris Sale with the White Sox. Daniel Bard was a bust for Boston, and Neftali Feliz got hurt in Texas and needed Tommy John surgery.

And then there’s Broxton. He was a perfectly effective reliever with the Royals and Reds last year, amassing a 2.48 ERA in 58 innings. However, his margin for error certainly isn’t what it was. During his first five years with the Dodgers, he averaged at least 10.5 strikeouts per nine innings every season, topping out at 13.5 in 2009. Last year, he was all of the way down to 7.0 K/9 IP.

Personally, I’m all for taking the chance on moving Chapman to the rotation. Still, I would have gone in a different direction for a closer replacement. Re-signing Ryan Madson to a one-year deal would have been the better move.

Report: Royals and Eric Hosmer have discussed a long-term contract extension

SAN DIEGO, CA - JULY 12:  Eric Hosmer #35 of the Kansas City Royals and the American League rounds the bases after hitting a home run against the National League in the 2nd inning of the 87th Annual MLB All-Star Game at PETCO Park on July 12, 2016 in San Diego, California.  (Photo by Denis Poroy/Getty Images)
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Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.

Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.

Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.

Yankees sign Jon Niese to a minor league deal

PHOENIX, AZ - AUGUST 17:  Jonathon Niese #49 of the New York Mets delivers a pitch during the first inning against the Arizona Diamondbacks at Chase Field on August 17, 2016 in Phoenix, Arizona.  (Photo by Jennifer Stewart/Getty Images)
Jennifer Stewart/Getty Images
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Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.

According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.

Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.