Dodgers reach six-year, $147 million deal with Zack Greinke

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Dylan Hernandez of the Los Angeles Times reports that the Dodgers are “closing in on” a contract agreement with free agent starter Zack Greinke.

The deal will cover the next six years and carry a total value of $145 million if it indeed goes through.

Jon Heyman of CBS Sports reported on Thursday that Dodgers officials were “starting to seem slightly discouraged” because of a strong push by Texas’ front office and Greinke’s positive reaction to their sales pitch. But Heyman is now acknowledging that the script has been flipped and that it’s the Rangers who suddenly have a bad feeling about the course of the negotiations.

Greinke registered a 3.48 ERA, 1.20 WHIP and 200/54 K/BB ratio across 212 1/3 innings this past summer between the Brewers and Angels. The 29-year-old right-hander was at one point said to be seeking a seven-year contract worth more than $160 million, and it seems he’s going to come pretty close.

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UPDATE, 8:26 PM: The Rangers “have been told” that Greinke is not signing with them, according to MLB.com’s T.R. Sullivan. Which means that an announcement from the Dodgers is likely imminent.

UPDATE, 8:57 PM: CBS Sports’ Jon Heyman reports that Greinke and the Dodgers are in agreement, and that the contract is only pending a physical. It’ll wind up as a six-year, $147 million pact, which represents the highest annual average committed to a pitcher in the history of Major League Baseball.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.