Jim Hendry gets a vote of confidence

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Ever notice that team owners never feel a need to give good GMs votes of confidence?

The Cubs have the top payroll in the National League but headed into the
last game of the first half of the season on Sunday 9 1/2 games back in
the Central. Ricketts, who arrived Sunday and planned on attending
Tuesday’s All-Star Game in Anaheim, said he “had the highest level of
confidence” in general manager Jim Hendry.

“The fact is right now, Jim is our general manager, I support him, I
think he does a great job, and after that we’ll just take it one day at a
time,” Ricketts said.

The “highest level of confidence” stuff sounds pretty encouraging, but the “right now Jim is our general manager” part is a bit more declarative than it is inspirational.  Give Ricketts time, though. He’s still new at this ownership thing. This time next year we’ll be 100% sure if he’s being honest with this kind of stuff or if his votes of confidence are of the dreaded variety.

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.