Rockies decline Rafael Betancourt’s option for 2014

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As expected the Rockies have declined their $4.25 million option on Rafael Betancourt for next season after the one-time closer underwent Tommy John elbow surgery that will knock him out for most of 2014.

Betancourt initially wanted to go with rest and rehab to avoid surgery, but the 39-year-old later decided to go under the knife in an indication that he’ll try to continue pitching in late 2014 or 2015.

Betancourt carved out quite a career for himself considering he didn’t even debut until age 28, throwing 646 innings with a 3.19 ERA and spectacular strikeout-to-walk ratios for the Indians and Rockies to emerge as one of the elite right-handed setup men (and later closers) in baseball.

Report: Twins interested in Wade Miley

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Free agent left-hander Wade Miley is among several offseason targets for the Twins, according to a report from Darren Wolfson of KSTP. Miley’s $12 million option was declined by the Orioles back in November, and while he’s expected to attract another major league deal in 2018, he hasn’t exactly been highly sought after this offseason.

The 31-year-old lefty finished his second campaign with the Orioles in 2017, producing an 8-15 record in 32 starts and ranking second-to-last among all AL starters with a 5.61 ERA, 5.3 BB/9 and 8.1 SO/9 in 157 1/3 innings. Even taking Miley’s undeniable durability into account — he remained healthy for the bulk of the season and completed his sixth straight year with 30+ starts — his declining value and career-worst numbers may lower his price tag as the 2018 season approaches.

Wolfson notes that the Twins have engaged in “regular dialogue” with Miley’s agent this winter, but he’s far from the only starting pitcher they have their eye on. Right-handers Yu Darvish, Lance Lynn, Alex Cobb and Chris Tillman are still on their radar, among several others, and club owner Jim Pohlad said Saturday that he was “totally on board” with the idea of signing a big-name free agent like Darvish or another available starter. “There are some interesting names and some interesting opportunities there,” Pohlad told a crowd at TwinsFest. “I’m as intrigued by it as anybody and attracted to it as anybody.”