UPDATE: Yankees option Michael Pineda to AAA

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Michael Pineda has a 2.82 ERA, 1.21 WHIP and 22/10 K/BB ratio in 22 1/3 innings since he was cleared last month to begin a minor league rehab assignment. But the Yankees aren’t enticed yet.

According to Andy McCullough of the Newark Star-Ledger, there’s a strong possibility that Pineda will be optioned to Triple-A Scranton/Wilkes-Barre instead of begin activated when his 30-day rehab assignment window officially comes to a close on Monday. That’s mostly because Ivan Nova is doing well as the No. 5 starter, but it is also because the Yankees can secure an extra year of team control on Pineda by optioning him to the minor leagues and keeping him there for at least 20 days.

Pineda, 24, posted a 3.74 ERA, 1.10 WHIP and 9.1 K/9 in 171 innings with the Mariners in 2011. He was traded to New York that offseason along with Jose Campos for Jesus Montero and Hector Noesi.

Pineda has not pitched in a game for the Yankees since that deal because he developed shoulder issues during his first spring training with the Yankees and eventual needed a major surgical procedure.

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UPDATE, 4:37 p.m. ET: Pineda has officially been optioned to Triple-A Scranton/Wilkes-Barre, according to Andy McCullough of the Newark Star-Ledger. He should be called up at the end of this month.

Kevin Kiermaier on Rays’ recent moves: “I am 100 percent frustrated and very upset.”

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On Sunday, we heard from former Ray and current Giants third baseman Evan Longoria. The Rays recently traded pitcher Jake Odorizzi to the Twins for a prospect and designated All-Star outfielder Corey Dickerson for assignment, which didn’t make a whole lot of sense outside of a cost-cutting perspective. Longoria said, “I just kind of feel sorry for the Rays fan base.”

Today, we’re hearing from a current Ray: center fielder Kevin Kiermaier, who is set to enter his fifth full season with the club. Via Marc Topkin of the Tampa Bay Times, Kiermaier said, “I am 100 percent frustrated and very upset with the moves. No beating around the bush. It’s one of those things that makes you scratch your head, you don’t know the reasoning why. And then you see the team’s explanation and still it’s just like, okay, well, so be it.”

Longoria — formerly the face of the franchise — was traded to the Giants in December and the Rays continued to subtract with their recent moves involving Odorizzi and Dickerson. Odorizzi has a career 3.83 ERA in what has been a solid, if unspectacular, career. Dickerson put up an All-Star season, posting an .815 OPS with 27 home runs in 150 games. Moving either player was not done to fix a positional log jam. In fact, with Odorizzi out of the picture, the Rays are planning to use a four-man starting rotation for the first six-plus weeks of the season, Topkin reported on Sunday. Dickerson’s ouster simply opens the door for Mallex Smith, who posted a .684 OPS last year, to start every day in the outfield.

The Rays got markedly worse after going 80-82 last season. They saved a few million bucks jettisoning Odorizzi and Dickerson. And Rays ownership still wants the public to foot most of the bill for their new stadium.

When it was just one small market team pinching pennies, it was fine. But now that more than half of the league has adopted penny-pinching principles popularized by Moneyball and Sabermetrics (with the Rays among the chief offenders), the game of baseball has become markedly less fan- and player-friendly. This offseason has been less about players signing contracts and changing teams in trades — which helps build excitement and intrigue for the coming year — and more about front offices doing math problems concerning the $197 million competitive balance tax threshold and other self-imposed monetary restraints. Fun. Kiermaier is right to be upset and he’s very likely not alone in feeling that way.