Giants and Santiago Casilla agree to three-year extension

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UPDATE: Henry Schulman of the San Francisco Chronicle hears that the deal is worth around $15 million. Nothing to get too worked up about, but long-term deals for relievers can be risky business.

11:08 PM: Andrew Baggarly of CSNBayArea.com reports that the Giants and Sanitago Casilla have agreed to a three-year extension, pending a physical.

No word yet on the terms involved, but the deal includes a club/vesting option for 2016. Casilla was arbitration-eligible for the final time this winter after making $2.2 million in 2012, so the deal buys out at least his first two years of free agency.

Casilla owns a dominant 2.22 ERA in 74 appearances since joining the Giants in 2010. Only Mike Adams and Eric O’Flaherty have a lower ERA (min. 170 innings pitched) during the same timespan. The 32-year-old right-hander took over as the Giants’ closer this past season after Brian Wilson had Tommy John surgery, notching 25 saves in 31 chances, but he’s expected to pitch in a set-up capacity in 2013 now that Sergio Romo has staked claim to the role.

Nationals Acquire Ryan Raburn From White Sox

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The Washington Nationals have acquired outfielder Ryan Raburn from the Chicago White Sox. Raburn had been playing at Triple-A Charlotte. He’ll be assigned to Triple-A Syracuse in the Nats organization. The Nationals will send cash or a player to be named later to the White Sox to complete the deal.

Raburn has yet to play in the majors this season. Last year he hit .220/.309/.404 with nine homers in 113 games for the Colorado Rockies. The year before that he hit an excellent .301/.393/.543 in part time play for the Indians. Over the course of his 11 year career the 36-year-old has hit .253/.317/.436, which breaks down to an OPS+ of exactly 100, which is league average. Primarily an outfielder, Raburn has played every position except shortstop and catcher in his career. He’s even pitched twice.

The Nats plans for him aren’t entirely clear, but depth it depth.

If the Tigers are sub-.500 at the end of June it’ll be fire sale time

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Jon Morosi reports that that the Detroit Tigers will make all veterans available via trade if they’re still under .500 by the end of June.

This was the position they entered the offseason with — everyone is available! — but they ended up gearing up for one more push with the core of veterans they currently employ. It was not a bad move, I don’t think. With the exception of the Indians, the AL Central is mostly down, or at least appeared to be over the winter, with the Royals in decline and the Twins and White Sox seemingly a few years away from contention. The Twins, however, have been fantastic and the Tigers have mostly underachieved.

So we’re back to this. Which veterans the Tigers can reasonably unload, however, is an open question. J.D. Martinez is in his walk year, so while tradable, he may not bring back a big return. Guys like Justin Upton, Justin Verlander and Miguel Cabrera either have very large contracts or no-trade protection.

The end of June is still a while from now, of course, and while the Tigers are under .500, they’re only 4.5 games behind the Twins. But they had better turn it around or else it sounds like the front office is going to turn the page.