Cubs and Jeff Samardzija still far apart on a contract extension

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Last month, the Cubs reportedly offered starter Jeff Samardzija a five-year contract extension worth $55 million. Nothing has surfaced since then, but CSN Chicago’s Patrick Mooney reports that the two sides are still far apart on the terms of an extension.

Samardzija’s name has popped up in trade rumors, but Mooney says that the Cubs plan to hold on to their right-hander until at least the trade deadline, when the supply-and-demand dynamics will change. Last year, they were able to unload Matt Garza on the Rangers for Mike Olt, Justin Grimm, C.J. Edwards, and Neil Ramirez. As Samardzija is entering his second year of arbitration eligibility and won’t become a free agent until after the 2015 season, they may be able to get a better package for him than they got for Garza.

Samardzija finished the 2013 season, his second as a full-time starter, with a 4.34 ERA in 213 2/3 innings of work, averaging almost exactly a strikeout per inning pitched. While the ERA is higher than you’d like to see for a player who wants more than $55 million, he earned much better grades from defense-independent statistics such as xFIP, which pegged him at 3.45.

Twins sign Michael Pineda to a two-year deal

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The Twins just announced that they have signed pitcher Michael Pineda to a two-year contract.

Pineda, 28, has a 4.05 career ERA and has struck out 9.1 batters per nine innings over 680 career major league innings.

Pineda underwent Tommy John surgery this past July, so the Twins are buying a 2018 filled mostly with rehab and a pitcher for 2019. As such, the deal is probably not too taxing financially, but could pay off pretty well for them if Pineda comes back strong.