Ervin Santana would rather sit out until June than take a Nelson Cruz-like contract

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As D.J. Short wrote earlier, free agent starter Ervin Santana is drawing interest from several teams including the Orioles and Rangers. But as Ken Rosenthal of FOX Sports reports, the right-hander says he would rather sit out until June — draft pick compensation disappears after the draft — than take a deal similar to the one-year, $8 million contract outfielder Nelson Cruz signed with the Orioles earlier today. The $8 million Cruz will be paid is significantly lower than the $14.1 million qualifying offer he rejected from the Rangers in November.

The compensation system has drawn some criticism lately. Free agent shortstop Stephen Drew thinks the system needs tweaking. Tony Clark, head of the MLBPA, said that it “is a concern” adding that this situation would be a “topic of discussion”. It is unlikely any significant changes will be made until the collective bargaining agreement expires after the 2016 season.

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.