Dodgers re-sign left-handed reliever J.P. Howell to a two-year, $11.5 million contract

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From ESPN’s Buster Olney comes word that the Dodgers finalized a two-year contract with left-hander J.P. Howell on Tuesday afternoon.

The two-year pact, which carries $11.5 million in guaranteed money along with a $6.25 million vesting option for 2016, will be officially announced Thursday after Howell passes his pre-signing physical exam.

Howell drew heavy free agent interest this winter from the Rockies, but they opted for a three-year, $16.5 million agreement with southpaw Boone Logan. Howell, 30, registered an outstanding 2.03 ERA and 1.05 WHIP over 62 innings this past summer for Los Angeles while holding left-handed batters to a hopeless .164/.225/.227 slash line.

The Tigers decline Anibal Sanchez’s 2018 option

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From the “this does not surprise us in the very least” department, Tigers GM Al Avila announced today that the club is declining its $16 million option on right-hander Anibal Sanchez.

Sanchez had a terrible year in 2017, going 3-7 with a 6.41 ERA in 2017. That’s a long slide down from his 2013 season, in which he won the AL ERA title, going 14-8 and posting an ERA of 2.57 in the first year of his five-year, $80 million deal. Since then he’s gone 28-35 with a 5.15 ERA. He never started 30 games or more over the course of the contract.

The declination of the option does come with a nice parting gift for Sanchez: a $5 million buyout. Which is pretty dang high for a buyout, but that’s how the Tigers rolled three or four years ago.