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: Brewers to sign Joba Chamberlain

BOSTON, MA - MAY 21:  Joba Chamberlain #62 of the Cleveland Indians reacts after giving up a grand slam to Mookie Betts #50 of the Boston Red Sox in the seventh inning during the game at Fenway Park on May 21, 2016 in Boston, Massachusetts.  (Photo by Adam Glanzman/Getty Images)
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According to FanRag Sports’ Jon Heyman, free agent reliever Joba Chamberlain has a deal with the Brewers. No confirmation or terms of the contract have been confirmed by the team yet.

Chamberlain, 31, had a promising resurgence in the Indians’ bullpen during 2016. He shaved his ERA down to a modest 2.25 mark over 20 innings with Cleveland, paired with an 8.1 SO/9 and less-than-stellar 5.0 BB/9 rate. Over a decade in the major leagues, the right-hander holds a career 3.81 ERA, 8.8 SO/9 and 3.7 BB/9 rate.

The veteran righty was released by the Indians in July after refusing re-assignment. He’s expected to compete for a major league role this spring.

Athletics sign Santiago Casilla to two-year, $11 million deal

MIAMI, FL - AUGUST 10: Santiago Casilla #46 of the San Francisco Giants throws a pitch during the 9th inning against the Miami Marlins at Marlins Park on August 10, 2016 in Miami, Florida. (Photo by Eric Espada/Getty Images)
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After letting rumors of the deal percolate for the last week, the Athletics officially announced their two-year, $11 million contract with right-hander Santiago Casilla on Friday (and threw a little bit of shade at the Giants, too). As previously reported, the contract includes an extra $3 million in performance bonuses.

Casilla, 36, got his major league start with Oakland back in 2004, racking up a 5.11 ERA and four saves over six seasons in the A’s bullpen. After picking up a minor league deal with the Giants in 2010, the righty flitted in and out of the closing role with varying degrees of success. Notwithstanding a slight downturn in his production rate during the 2016 season, he earned 123 saves and a 2.42 ERA during the past seven years in San Francisco. Securing another closing role might be a little tougher across the Bay, however, with a bullpen that includes fellow closers Ryan Madson, Ryan Dull and Sean Doolittle.