A long-term deal didn’t make a lot of sense after Jhoulys Chacin’s poor 2012 season, but the right-hander and Rockies did find common ground on a two-year, $6.5 million pact on Saturday.
The deal takes care of Chacin’s first two years of arbitration. He’ll again be eligible for arbitration in 2015 before he qualifies for free agency following that season.
The 25-year-old Chacin asked for $2.6 million and was offered $1.7 million in arbitration Assuming that the two sides would have settled at the $2.15 million midpoint, this essentially gets him under control for 2014 at $4.35 million.
Chacin looked like one of the NL’s most promising young pitchers two years ago, posting ERAs of 3.28 and 3.62 and WHIPs of 1.27 and 1.31 in his first two seasons with the Rockies. Adjusting for Coors Field, those were particularly strong marks.
Chacin, though, struggled right from the get-go in 2012, showing neither his usual velocity nor a quality slider before being diagnosed with shoulder inflammation and, later, a nerve issue in his chest. He did rebound at the very end of the season, though, going 3-2 with a 2.84 ERA in his last nine starts.
Lifetime, Chacin has a 3.05 ERA in 29 starts and eight relief appearances away from Coors Field. He’s 23-31 with a 3.68 ERA overall.
Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.
Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.
Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.
Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.
According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.
Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.