John Lackey intends to honor contract and pitch at major league minimum salary in 2015

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The Cardinals acquired right-hander John Lackey from the Red Sox yesterday in exchange for outfielder/first baseman Allen Craig and right-hander Joe Kelly. While they paid a premium in order to land him, it’s impossible to look at this deal without taking Lackey’s contract into account.

When the Red Sox signed Lackey to a five-year, $82.5 million contract in December of 2009, they put a clause into the deal which specified that a club option for 2015 at the major league minimum salary ($500,000) would be added if he missed significant time with an elbow injury. That option was triggered after he underwent Tommy John surgery in 2011.

There’s been some speculation that Lackey would retire rather than play at the major league minimum next year or perhaps try to negotiate his deal, but he told reporters upon his arrival in St. Louis today that he intends to honor his contract.

Since his return from Tommy John surgery, Lackey has posted a 3.55 ERA over 50 starts while averaging 7.6 K/9 and 2.0 BB/9. Now you can see why the Cardinals paid a big price with Craig and Kelly. Not only did they acquire a good pitcher, they got a tremendous value.

Mariners sign Mark Lowe

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The Mariners have signed reliever Mark Lowe, ESPN’s Jerry Crasnick reports. The Tigers released him on Sunday.

Lowe, 33, is entering the last of a two-year, $11 million deal signed with the Tigers in December 2015. The right-hander struggled to a 7.11 ERA with a 49/21 K/BB ratio in 49 1/3 innings last season. His performance this spring didn’t do much to inspire confidence.

Lowe began his major league career with the Mariners, breaking out in 2009 with a 3.26 ERA across 80 innings. He has been inconsistent throughout most of his 11-year big league career, however.

Cardinals place Trevor Rosenthal on DL with lat strain

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The Cardinals announced on Thursday that pitcher Trevor Rosenthal has been placed on the 10-day disabled list with a right lat strain. Sam Tuivailala has been added to the roster in Rosenthal’s place.

The Cardinals’ closer until the second half last year, Rosenthal came into camp this spring hoping to battle for a rotation spot. However, the lat injury killed that dream. When Rosenthal is healthy, he’ll return to the bullpen.

Last season, Rosenthal posted a 4.46 ERA with 14 saves and a 56/29 K/BB ratio in 40 1/3 innings.