As first reported by MASN’s Roch Kubatko, the Orioles have officially declined a $5 million option for the 2014 season on left-hander Tsuyoshi Wada. He will be free to sign with any team on November 5.
Wada landed a two-year, $8.15 million contract from the O’s in December 2011, but he underwent Tommy John reconstructive elbow surgery before throwing a pitch in a major league game and failed to dig himself out of Triple-A this year despite being in good health.
Wada posted a 1.51 ERA and 168/40 K/BB ratio across 184 2/3 innings in 2011 for Japan’s Softbank Hawks and a 1.43 ERA over his final six starts this year at Norfolk. He’s not going to get much guaranteed money, but the 32-year-old southpaw should generate interest this winter from multiple major league clubs.
The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.
Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.
Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.