UPDATE: The deal is official.
Phil Mackey of 1500 ESPN reports that Burton will earn $2 million next season and $3.25 million in 2014. The new deal includes a $3.6 million club option for 2015 that can be bought out for $200,000.
4:38 PM: As if the Twins haven’t been busy enough today, Darren Wolfson of 1500ESPN.com reports that they’re close to signing reliever Jared Burton to a contract extension.
Burton signed with the Twins on a minor-league deal last offseason following several injury wrecked years with the Reds and was fantastic in a setup role, throwing 62 innings with a 2.18 ERA and 55/16 K/BB ratio.
He was arbitration eligible for the final time in 2013, but according to Wolfson the extension would cover 2013 and 2014 while giving the Twins an option for 2015.
In a column published on Sunday, Ken Rosenthal of FOX Sports says the Padres are “aggressively shopping” third baseman Yangervis Solarte. The 29-year-old is entering his first of three years of arbitration eligibility and is projected to earn $2.7 million next season.
This past season, Solarte hit a solid .286/.341/.467 with 15 home runs and 71 RBI in 443 plate appearances. It’s quite impressive factoring in that he plays in the pitcher-friendly Petco Park.
Given that Solarte is team-controlled for three more years and he offers lots of versatility with previous experience playing first and second base as well as corner outfield, the Padres should receive a fair amount of interest.
Update (6:52 PM EST): The deal is expected to be one year for $13 million, per Jon Heyman of FanRag Sports. Ken Rosenthal of FOX Sports confirms the report.
The Yankees are close to signing veteran free agent Matt Holliday, WFAN’s Sweeny Murti reports.
Holliday, who turns 37 years old next month, was limited to 110 games in 2016 with the Cardinals due to a fractured left thumb suffered in the second half. He finished the season hitting .246/.322/.461 with 20 home runs and 62 RBI in 426 plate appearances.
Holliday is likely looking at spending the majority of his time in the DH role. Alex Rodriguez, Carlos Beltran, and Brian McCann handled the DH role for a majority of the time last season but all three have moved on — Rodriguez was released in the second half, Beltran just signed with the Astros, and McCann was traded to the Astros last month.