Now that the Yankees have CC Sabathia locked up long term they’ve turned their attention to re-signing Freddy Garcia, according to agent Peter Greenberg.
Greenberg told Mark Hale of the New York Post that “there’s definitely interest on their part and there’s interest on Freddy’s part in coming back.”
Garcia provided great value on a one-year, $1.5 million contract that also contained lots of incentives, throwing 147 innings with a 3.62 ERA and 96/45 K/BB ratio at age 34. It was his first sub-4.00 ERA since 2005.
If the Yankees aren’t able to re-sign Garcia before he hits the open market they’ll likely offer him arbitration to get a supplemental draft pick as compensation if he signs elsewhere. Garcia could simply accept the arbitration offer and force the Yankees into a one-year deal, but that seems unlikely considering he should have at least a few other suitors.
Jon Heyman has been hot on the free agent trail today, reporting that the Padres have made offers both Manny Machado and Bryce Harper. The offer to Machado is believed to be for eight years and about $250 million, while the offer to Harper is believed to be for more than that.
Heyman was reporting on Harper earlier, tweeting that the Phillies are the favorite to sign him. He added this evening that Harper has multiple long-term offers at more than $30 million annually. Regarding Machado, Heyman noted that while Machado was believed to have had a preference for the East coast, he will go for the best deal now, which puts the Padres firmly in the picture.
The Padres reportedly met with Machado last week. A late entrant into the sweepstakes, the club has shown the willingness to spend, signing Eric Hosmer to an eight-year, $144 million contract last year. If he goes to San Diego, Machado would be the full-time third baseman with Luis Urias handling shortstop.
Nothing appears close, but we’ll take anything resembling a spark to light the hot stove.