Two seasons into a four-year, $46 million contract the Phillies are trying to trade Jonathan Papelbon, according to Ken Rosenthal of FOXSports.com.
Papelbon has been very good for the Phillies with a 2.67 ERA that’s not far off from his 2.33 ERA for the Red Sox, but his strikeout rate and average fastball velocity both declined this year and … well, giving $46 million to a relief pitcher (and giving up a first-round pick for the privilege) is just sort of crazy in general.
He’s owed $13 million in 2014 and 2015, plus a $13 million option for 2016 that can vest based on games finished. So it’s basically a two-year, $26 million deal with some risk for a three-year, $39 million deal, which is fairly similar to the contracts that Joe Nathan and Brian Wilson just signed as free agents. Still, it’s hard to imagine any team being interested in Papelbon as much more than a salary dump trade.
Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.
Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.
Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.
Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.
According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.
Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.