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What are the Indians thinking with Justin Masterson?

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The word was that Justin Masterson was asking for a three-year deal valued at less than the $17.5 million Homer Bailey received. What’s more, that he was willing to take a 2-3 year contract too. Which, for a front-line starter, is insanely reasonable. But, as reported last night, the Indians weren’t willing to go that high and broke off negotiations with Masterson. He’ll likely hit free agency at the end of the season.

A few moments ago Indians GM Chris Antonetti spoke. He said the door is open to restart negotiations, but given that it’s believed the Indians made Masterson a two-year offer of only about $25 million, there’s not much of a reason for him to listen to them now. He’s making nearly $10 million this year alone on an arbitration-avoiding deal. Masterson is coming off a 3.45 ERA and 195/76 K/BB ratio over 193 innings last season. He has pitched 180 or more innings for each of the past four years. Homer Bailey is a year younger and has had similar numbers to Masterson. He just got a six-year deal at the average annual salary Masterson was seeking from the Indians on a two or three year deal. How is that too rich?

If Masterson has even an average season, he’s going to make far, far more than a $12-13 million average annual salary. And there is no way the Indians will be able to replace his production at anywhere close to the price they just rejected.

Nationals acquire Adam Eaton from White Sox for three top prospects

MINNEAPOLIS, MN - SEPTEMBER 02: Adam Eaton #1 of the Chicago White Sox hits an RBI double against the Minnesota Twins during the ninth inning of the game on September 2, 2016 at Target Field in Minneapolis, Minnesota. The White Sox defeated the Twins 11-4. (Photo by Hannah Foslien/Getty Images)
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Update (5:04 PM EST): The White Sox will receive pitchers Lucas Giolito, Reynaldo Lopez, and Dane Dunning from the Nationals, per Dan Hayes of CSN Chicago. MLB Pipeline rated them No. 1, 3, and 6 in the Nationals’ minor league system.

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Ken Rosenthal of FOX Sports reports that the Nationals are close to acquiring outfielder Adam Eaton from the White Sox. He notes that outfielder Victor Robles, the Nationals’ No. 2 prospect according to MLB Pipeline, is not included in the deal.

Eaton, 28, is signed to a very team-friendly contract. He’ll earn $4 million in 2017, $6 million in ’18, and $8.4 million in ’19. His controlling team then has a club option worth $9.5 million in 2020 with a $1.5 million buyout and a $10.5 million club option in ’21 with a $1.5 million buyout.

This past season, Eaton was worth 3.9 Wins Above Replacement according to Baseball Reference after playing significantly above-average defense while batting .284/.362/.428 with 14 home runs, 59 RBI, 91 runs scored, and 14 stolen bases in 706 plate appearances.

If the deal goes through, the Nationals would move Trea Turner from center field to shortstop. Meanwhile, the White Sox continue their teardown after trading Chris Sale to the Red Sox on Tuesday.

Marlins sign A.J. Ellis to a one-year, $2.5 million deal

NEW YORK, NY - AUGUST 28:  A.J. Ellis #34 of the Philadelphia Phillies reacts after the final out of a game against the New York Mets at Citi Field on August 28, 2016 in the Flushing neighborhood of the Queens borough of New York City.  (Photo by Jim McIsaac/Getty Images)
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ESPN’s Buster Olney reports that the Marlins have signed veteran catcher A.J. Ellis to a one-year, $2.5 million deal.

Ellis, 35, began the 2016 season with the Dodgers but went to the Phillies in the Carlos Ruiz trade near the end of August. Overall, he hit .216/.301/.298 in 196 plate appearances.

Ellis will back up J.T. Realmuto behind the dish.