Trevor Cahill

Trevor Cahill re-signs with the Cubs

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Trevor Cahill went from nearly washing out of the big leagues to pitching in the playoffs for the Cubs this season and Buster Olney of ESPN.com reports that the two sides have agreed to a one-year $4.25 million deal that keeps the free agent right-hander in Chicago.

Cahill had success as a starter early in his career for the A’s and Diamondbacks, but a brutal 2014 got him traded to the Braves and a rough first half this past season got him released. He latched on with the Cubs, shifted to the bullpen full time, and tossed 17 innings with a 2.12 ERA and 22/5 K/BB ratio down the stretch.

That’s a very small sample size for a 28-year-old with more than 1,000 innings in the majors, but Cahill’s velocity and raw stuff played up quite a bit working as a reliever and he’s always done a good job limiting home runs. He’ll likely begin 2016 in a middle relief role for the Cubs, but might get a chance to start.

Phillies claim Peter Bourjos off waivers from Cardinals

Peter Bourjos Cardinals
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Center fielder Peter Bourjos has been claimed off waivers by the Phillies after being dropped from the 40-man roster by the Cardinals.

Bourjos has elite speed and is a top-notch defensive center fielder, but he’s struggled offensively since a strong showing for the Angels in 2011. Since then he’s hit just .231 with 14 homers and a .645 OPS in 392 games, including .200 with a .623 OPS this past season.

Bourjos’ defense is good enough that he wouldn’t have to hit much to be a solid starting center fielder, so the rebuilding Phillies taking a flier on the 28-year-old makes some sense. He’s arbitration eligible and due for a raise after making $1.65 million in 2015.

Phillies sign reliever James Russell

james russell getty
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Looking to add some left-handed bullpen depth, the Phillies have signed veteran reliever James Russell to a minor-league contract.

Russell has spent six seasons in the majors, almost all with the Cubs, logging 330 total innings with a 3.90 ERA. Nothing stands out about his secondary numbers, which include mediocre strikeout, walk, and home run rates, but Russell is a 30-year-old capable of filling a middle relief role and the Phillies are likely just collecting as much usable depth as possible.

Russell agreeing to a minor-league deal this early in the offseason suggests he thinks his chances of making the Opening Day roster are pretty strong.

Phillies claim Dan Otero off waivers from A’s

Dan Otero A's
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Placed on waivers by the A’s following a rough season, right-hander Dan Otero has been claimed by the Phillies.

Otero was very effective in 2013 and 2014, throwing a total of 126 innings with a 2.01 ERA and 72/21 K/BB ratio, but he fell apart this year while allowing 35 runs in 47 innings for the A’s in a middle relief role.

Otero lacks impressive raw stuff, but he’s an extreme strike-thrower with just 1.4 walks per nine innings for his career and at age 31 could stick with the Phillies as an inexpensive bullpen piece.

Phillies pay $12.5 million buyout to Cliff Lee

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Cliff Lee is officially a free agent, as the Phillies declined the former Cy Young winner’s $27.5 million option for 2016 and instead paid him a $12.5 million buyout.

Lee missed all of 2015 after suffering a torn flexor tendon in spring training and was also limited to just 13 starts in 2014. At age 37 it’s hard to imagine Lee securing a guaranteed multi-year contract on the open market, but contending teams might pursue him with incentive-laden one-year deals. However, because he opted not to undergo surgery Lee may simply retire.

Lee went 41-30 with a 2.89 ERA in 106 starts during his second go-around with the Phillies after signing a five-year, $120 million deal in December of 2010.