Joakim Soria agrees to two-year contract with Rangers

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Joakim Soria, who had his $8 million option declined by the Royals, has agreed to a two-year deal with the Rangers, according to Ken Rosenthal of FOXSports.com.

Soria missed all of 2012 following Tommy John elbow surgery, but was among the elite closers in baseball from 2007-2011, saving 160 games with a 2.40 ERA in 315 innings.

Presumably in Texas he’d act as a setup man for Joe Nathan, who himself was signed by the Rangers one season after coming back from Tommy John elbow surgery that cost him all of 2010.

Nathan saved 37 games with a 2.80 ERA and 78/13 K/BB ratio in 64 innings for the Rangers this year, so if Soria is healthy Texas’ late-inning bullpen could be scary. Soria would replace free agent Mike Adams as Nathan’s primary setup man.

Cubs sign Drew Smyly to a two-year, $10 million contract

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The Cubs announced on Tuesday evening that the club signed pitcher Drew Smyly to a two-year contract. Ken Rosenthal of The Athletic reports the contract is for $10 million total and allows Smyly to earn another $7 million with performance bonuses. Smyly was non-tendered by the Mariners at the beginning of the month and became a free agent.

Smyly, 28, underwent season-ending Tommy John surgery in late June. He’s expected to miss, at minimum, the first half of the 2018 season. The Cubs are hoping he can contribute to a playoff push in the latter half of the season as well as in 2019.

Smyly didn’t pitch at all in 2017. When he was healthy the season prior, he made 30 starts for the Rays and put up a 4.88 ERA and a 167/49 K/BB ratio in 175 1/3 innings.