Mariano Rivera would take a one year deal

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There is some moderate consternation among Yankees fans about what the Yankees will do with Derek Jeter, Mariano Rivera and Joe Girardi this offseason, seeing as all three of them will no longer be under contract once the year ends.  Sure, everyone knows that all three will almost certainly be back, but the details are a bit fuzzy and, given the ages of Rivera and Jeter, the negotiations could be kind of delicate. It’s not really a question of “if” they’ll come back but “how.”

The “how” for at least one of those guys is clearing up, however, as Mariano Rivera told Joel Sherman of the New York Post recently that he would accept an Andy Pettitte-style one-year deal to come back.  You figure that he’d take a series of them, actually, with the Yankees continuing to offer them for as long as Rivera remains effective. Which, at present, seems will be forever.

Probably good news for Yankees fans. Everyone knows that Jeter will get a big deal that, at the end of the day, will probably be for too much money. No one really cares about that actually.  Rivera was probably a source of slightly greater concern inasmuch as it was within the realm of the possible that he’d demand multiple years and the Yankees would balk, at least initially.

As of now, that seems to be a moot point.

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.