Pedro Martinez could soon announce retirement

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While reports last month indicated that he was interested to returning to the majors, perhaps with the Red Sox, Pedro Martinez said Sunday that he is leaning towards retirement.

“I keep active because I have not announced my retirement, because that is something that takes time and you have to plan it. Plus, it is something that the Dominican people expected,” Martinez said in an interview in his native Dominican Republic.

Martinez added that his comments last month about potentially pitching for the Red Sox this year were taken out of context.

“I did not mean I’m going to Boston,” he said.

Martinez, a three-time Cy Young Award winner, last pitched with the Phillies in 2009.  The future Hall of Famer is 219-100 with a 2.93 ERA in 18-big league seasons.

Reds, Raisel Iglesias agree to three-year contract

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The Reds announced on Wednesday that the club and pitcher Raisel Iglesias agreed to a three-year contract. Iglesias had been on a seven-year, $27 million contract signed in June 2014 and had two years with $10 million remaining. According to MLB.com’s Mark Feinsand, the new contract is worth $24.125 million, so it’s a hefty pay raise for Iglesias.

Iglesias, who turns 29 years old in January, has gotten better every season pitching out of the Reds’ bullpen. In 2018, he posted a 2.38 ERA with 30 saves and an 80/25 K/BB ratio in 72 innings. Over his four-year career, the right-hander has 64 saves with a 2.97 ERA and a 359/106 K/BB ratio in 321 2/3 innings.

Iglesias gets little fanfare pitching for the Reds, fifth-place finishers in each of his four years, but he is certainly among baseball’s better relievers. Signing him to a new three-year deal gives them some certainty at the back of the bullpen in the near future.

There was a bit of confusion regarding his previous contract, which allowed him to opt out and file for arbitration if eligible. Iglesias has three years and 154 days of service time, so his new contract essentially covers his arbitration-eligible years.