Rays and Wade Davis agree to long-term contract worth up to $35.1 million

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Wade Davis is entering his second full season in the majors and wouldn’t have been arbitration eligible until 2013, but today the Rays announced that they’ve signed the 25-year-old right-hander to a long-term contract extension worth up to $35.1 million.

According to Marc Topkin of the St. Petersburg Times the contract is worth at least $12.6 million for four seasons, with the Rays holding team options for 2015, 2016, and 2017 that if exercised would be worth an additional $22.5 million.

If all seven years of the contract are exercised the Rays would be buying out Davis’ final two seasons of minimum salaried serfdom, three seasons of arbitration eligibility, and first two seasons of free agency. Getting all that for $35.1 million would end up being a tremendous bargain for Tampa Bay, but that is offset by the risking of handing $12.6 million in guaranteed money to a young pitcher who would have been cheap until 2013 and was already under team control through 2015.

Davis, who was a third-round pick in 2004 and debuted in late-2009, has a 4.02 ERA, .253 opponents’ batting average, and 149/75 K/BB ratio in 204 career innings. He looks like a solid mid-rotation starter right now and may still have the potential to develop into a solid No. 2 guy.

Blue Jays hire Don Mattingly as bench coach

Benny Sieu-USA TODAY Sports
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TORONTO — Don Mattingly is joining the Toronto Blue Jays as bench coach to manager John Schneider, the team announced.

The former New York Yankees slugger, a six-time All-Star, joins the Blue Jays after seven seasons as manager of the Florida Marlins, where he won NL Manager of the Year honors in 2020.

Mattingly previously spent five seasons as manager of the Los Angeles Dodgers, winning three division titles in that span. He also worked as hitting coach and bench coach for the Yankees, and as hitting coach of the Dodgers before his managerial stint in Los Angeles.

In Toronto, Mattingly replaces Casey Candaele, who was promoted from Triple-A Buffalo to serve as Schneider’s bench coach after the Jays fired manager Charlie Montoyo in July, replacing him with Schneider. The Blue Jays said Candaele will resume his job as manager of the Triple-A Bisons in 2023.

Mattingly spent his entire 14-year playing career with the Yankees, winning nine Gold Glove awards at first base, three Silver Slugger awards, the 1984 AL batting title and the 1985 AL MVP award.