Report: Angels sign Joe Smith to three-year, $15.75 million deal

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The setup market is all set up: Joe Smith and the Angels have come to terms on a three-year contract, according to Jon Heyman of CBSSports.com.

Yahoo! Sports’ Tim Brown reports that it’s worth $15.75 million.

Obviously, it’s a big price for a pretty anonymous guy, but Smith has a 2.97 ERA since entering the league in 2007 and has come in under that each of the last three years. He finished 6-2 with a 2.29 ERA and a 54/23 K/BB ratio in 63 innings for the Indians last season.

The big key with Smith is that he’s improved enough against left-handers these last few years that he can be left in to face them in big situations. When he first came into the league, he could only be trusted against righties. Lefties hit a modest .227/.325/.373 against him last season, and that was actually the best they’ve fared since 2010.

Smith will overtake Dane De La Rosa as the top setup man in front of Ernesto Frieri in the Anaheim bullpen. He’s an upgrade for sure, but at what cost? This is $5 million that can’t be spent to upgrade a rotation that has Garrett Richards for a third starter and some combination of Joe Blanton, Jerome Williams, Tommy Hanson, Wade LeBlanc and Chris Volstad next on the depth chart (Williams and Hanson are both non-tender candidates). The money would have been better used there. Between Frieri, De La Rosa, a much improved Michael Kohn, old standby Kevin Jepsen and other pieces like Ryan Brasier, Cory Rasmus, Juan Gutierrez and the newly acquired Fernando Salas, it seems like the Angels could have cobbled together the right-handed portion of their pen just fine.

The Cards dealt Stephen Piscotty to the A’s, in part, so he could be near his ailing mother

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Last night we wrote about the rumored deal between the Cardinals and the Athletics for Stephen Piscotty. The deal is now official, with Piscotty going to Oakland for minor leaguers Yairo Munoz and Max Schrock.

Something else emerged about the deal today: a big reason why St. Louis traded Piscotty to Oakland as opposed to another team was so that he could be near his mother, who was diagnosed with Lou Gehrig’s disease last May. Piscotty and his family are from Pleasanton, California, about 35 miles from Oakland.

Here’s Cardinals GM John Mozeliak:

This was certainly a baseball trade — Piscotty became expendable for the Cardinals after they acquired Marcell Ozuna yesterday — but it was one which could’ve been made with any team with a couple of red or white chip prospects. That Mozeliak considered Piscotty’s personal situation in making the deal with the A’s is a credit to him and his staff.

The 26-year-old Piscotty hit .235 with nine homers and 39 RBIs in 107 games last season. He has hit .268 with 38 homers and 163 RBIs in 2+ major league seasons. He agreed to a six-year, $33.5 million contract extension last spring.

As for the prospects in return: Munoz, 22, hit .300 with 13 homers and 68 RBIs this year for Double-A Midland and Triple-A Nashville. Schrock, 23, batted .321 with seven homers and 46 RBIs for Midland, and was a Texas League All-Star.