Ed Wade is out of a job after being fired by the Astros last night, but the 55-year-old former general manager will be collecting a paycheck for two more seasons.
Wade told Zachary Levine of the Houston Chronicle that an “evergreen” provision in his contract recently kicked in to extend the deal another season, meaning he was signed through 2013.
Not only will Wade be paid for six years despite holding the job for only four years, the Astros will be paying two general managers in each of the next two seasons. Jim Crane probably doesn’t mind too much, as Wade’s undisclosed salary is no doubt similar to that of a bench player, but it’ll be interesting to see if the Astros’ new ownership also decides to pay two managers by firing Brad Mills.
While news of Wade’s firing broke last night, Levine reports that the GM was told of the move the day before Thanksgiving and, unlike longtime team president Tal Smith, was given an opportunity to meet with ownership on his way out.
Ken Rosenthal of The Athletic reports that the Angels and reliever Cody Allen are in agreement on a one-year contract, pending a physical. The value of the contract is not yet known.
Allen, 30, was looking for an opportunity to close and the Angels can certainly provide that. He will likely be the favorite to break camp as the closer. 2018 was the roughest year of his career, however, as he finished with a 4.70 ERA, 27 saves, and a 80/33 K/BB ratio in 67 innings. Among Allen’s six full seasons, his 27.7 strikeout rate and 11.4 percent walk rate represented career-worsts. FanGraphs also shows him losing nearly a full MPH on his average fastball velocity.
The Angels lost closer Keynan Middleton to Tommy John surgery early last season and he likely won’t return until the second half of the 2019 season. Blake Parker, who handled save situations in Middleton’s place, was non-tendered by the Angels in November and ended up signing with the Twins. The closer’s role is Allen’s to lose, it seems.