Kyle Lohse’s three-year contract with the Brewers is official

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Kyle Lohse passed his physical with the Brewers earlier this evening, making his new three-year contract official. The deal is reportedly worth $33 million and includes $1 million in performance bonuses.

As a result of the signing, the Brewers will surrender their first-round draft pick (No. 17 overall) in this year’s First-Year Player Draft and the accompanying draft pool money. Meanwhile, Lohse’s former team, the Cardinals, will receive the No. 28 overall pick in June’s draft as compensation.

According to Adam McCalvy of MLB.com, Lohse is scheduled to throw a bullpen session in Brewers’ camp tomorrow and could be ready to pitch in a game as soon as Wednesday or Thursday. The veteran right-hander has been keeping in shape by throwing simulated games, so despite the long wait to find a new home, it’s possible that he’ll be ready to join Milwaukee’s rotation when the season starts. Yovani Gallardo and Marco Estrada are clear locks for the rotation, so Chris Narveson, Mike Fiers or Wily Peralta will get the boot in order to make room for Lohse.

Lohse, 34, posted a 2.86 ERA and 143/48 K/BB ratio over 211 innings with St. Louis last season. He had a 3.39 ERA in 30 starts in 2011.

UPDATE: Adam McCalvy of MLB.com has passed along the contract details. Lohse will earn just $4 million this season while he’ll get $7 million in deferred payments from 2016-2018. He’ll make $11 million in 2014 and 2015.

The Giants are interested in Evan Longoria

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Bob Nightengale of USA Today says that the San Francisco Giants “have keen interest” in Rays third baseman Evan Longoria.

Longoria is coming off his worst season as a major leaguer, having hit .261/.313/.424 with 20 homers in 2017. He’s also still owed $86 million through 2022. Which, back when the deal was signed seemed like quite a bargain for the Rays — and likely has been over the duration of the contract — but now seems somewhat steep for the 32 year-old third baseman. That said, the Giants currently have Pablo Sandoval penciled in at third base on their depth chart, so Longoria would definitely be an upgrade, even if 2017’s dip wasn’t just a blip.

Nightengale says that for the Giants to take on Longoria, the Rays would have to take on a high salary veteran such as Denard Span or Hunter Pence. Span is owed $9 million in 2018, with a $4 million buyout on a $12 million option for 2019. Pence is owed $18.5 million in 2018 in the final year of his contract and has a full no-trade clause.

If he stays with the Rays, Longoria will achieve 10-5 rights — full no-trade protection due to being a ten-year veteran with five years of service on the same club — so if the Rays are going to move him, it’ll be much easier this offseason, not once the 2018 season begins.