A's prospect Michael Ynoa to undergo Tommy John surgery

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Michael Ynoa almost immediately had arm problems after the A’s signed him out of the Dominican Republic as a 16-year-old for an international record $4.25 million in 2008 and today the team announced that he’ll undergo Tommy John elbow surgery.
Ynoa has appeared in just three pro games, all this season, tossing nine innings with a 5.00 ERA and 11/4 K/BB ratio at rookie-ball. His fastball was clocked in the mid-90s before he was shut down, but now he’ll miss most and perhaps all of next season.
Of course, he’s so young that even missing all of next season would leave Ynoa coming back in 2012 as a 20-year-old. Interestingly, as Ben Badler of Baseball America notes the A’s will need to protect Ynoa from the Rule 5 draft by placing him on the 40-man roster after the 2012 season, at which point he’ll likely still be at Single-A.

Rays’ Díaz gets $24 million, three-year deal, avoids arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a $24 million, three-year contract on Tuesday that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.