The market for relievers is "absolutely terrible"

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That’s what Buster Olney says one of his “talent evaluator” sources is saying.  If it’s true it might explain things like the Reds exhuming the corpse of Jason Isringhausen for a tryout and the Mets giving Oliver Perez a job as a lefty specialist.

Still, there are some relievers out there who may be worth a flier.  I haven’t heard any rumors about him — and God knows he’s burned people in the past — but Kyle Farnsworth is a putting up a quietly excellent season.  As Aaron noted earlier today, Trevor Hoffman has turned things around of late and may be an intriguing option. We talked about Scott Downs earlier today.

Which is not to say that there’s a bumper crop of good relievers or anything, but that’s never the case, is it?  Contenders are always looking for bullpen arms, and many of the most useful bullpen arms are either rebound jobs whose overall numbers don’t look good or pitchers who — at one time or another — burned someone. Such is the nature of bullpen help.  

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.