You might remember that Tigers right-hander and 2013 AL Cy Young Award winner Max Scherzer rejected a six-year, $144 million contract extension from the Tigers in the spring. It was a calculated risk for a pitcher who could hit it big on the free agent market this winter. However, he has a Plan B if something goes terribly awry in the coming months.
Tom Verducci of SI.com has the story:
Scherzer revealed to SI.com that he took out an insurance policy that covers lost potential earnings if he is injured prior to hitting the free agent market this winter.
“This takes the injury risk out of it,” said Scherzer, who did not specify if the policy covered all or most of the $144 million.
It’s not like Scherzer will be hard-up for cash if hurts his arm tomorrow and never plays again. Including this year’s $15.525 million salary, he has made almost $30 million during his career. Still, it’s a smart and logical move for him. This kind of thing is probably more common than we realize, though Scherzer’s situation obviously commands more attention since he could fetch a $200 million deal this winter if all goes according to plan for him and his agent Scott Boras.
SportsDash: Jeff Passan explains why Scherzer’s arm is so expensive
The Braves signed left-handed reliever Jacob Lindgren to a one-year deal, according to a team announcement on Sunday.
Lindgren, the Yankees’ top draft pick in 2014, was nicknamed “The Strikeout Factory” after blowing through four levels of New York’s farm system in 2014. He started the 2015 season in Triple-A Scranton/Wilkes-Barre and was called up for his major league debut only two months into the 2015 season. The 22-year-old lasted seven innings with the club before succumbing to bone chips in his elbow, and underwent bone spur surgery in June before trying his luck again during spring training in 2016.
In August, the Yankees shut Lindgren down for the remainder of the season so the lefty could undergo Tommy John surgery. With a projected return date of 2018, Lindgren was non-tendered by the Yankees on Friday.
While the Braves won’t get the benefit of Lindgren’s top prospect skill set in their bullpen anytime soon, he will remain under club control if they keep him on their 40-man roster beyond the 2017 season (per ESPN’s Keith Law).
Free agent closer Mark Melancon is entertaining at least two offers in the four-year, $60+ million ballpark, reports FOX Sports’ Ken Rosenthal. The teams thought to be in the running are the Giants and Nationals, with the Giants having a slight edge due to their strong interest in him last summer (per ESPN’s Jerry Crasnick).
Crasnick also said that while the Giants are keeping tabs on the top three free agent closers this winter, the other two being Kenley Jansen and Aroldis Chapman, they’re leaning toward Melancon as a (slightly) more affordable option in the ‘pen. It’s worth noting that Melancon would not cost the Giants a draft pick if they decided to sign him.
Melancon had an outstanding season in 2016, nearly reaching career-best numbers with a 1.64 ERA, 2.42 FIP and 5.42 K/BB rate in 71 1/3 innings split between the Pirates and Nationals’ bullpens. The veteran right-hander earned his third career All-Star distinction after stifling opposing hitters with a 1.23 ERA and 7.9 K/9 rate in the first half, and went on to appear in his fourth consecutive playoff run.
Despite the Giants’ apparent lead in the bidding for Melancon, Rosenthal mentioned a third mystery team who might throw their hat in the ring as well. No clubs have been name-dropped as of yet.