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.
Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.
Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.
Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.
Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.
According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.
Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.