Red Sox sitting pretty in search for new closer

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Here’s a list of the closers still available in free agency:

Ryan Madson
Francisco Rodriguez
Francisco Cordero
Brad Lidge
Frank Francisco

And following Toronto’s acquisition of Sergio Santos, here’s a list of all of the teams truly interested in spending significant dollars on a closer:

The Boston Red Sox

Really, that’s it. The Angels have the money to spend on a top reliever, but they already have a very promising ninth-inning guy in Jordan Walden. The Reds, Mets, Orioles and Padres are more interested in bargain hunting then spending big money on a reliever.

We know the Red Sox are interested in Oakland’s Andrew Bailey and that they’ve at least discussed Huston Street with the Rockies, but why go that route when a couple of these relievers are going to hit the bargain bin. The Red Sox might well end up getting Madson for Heath Bell money (three years, $27 million) or Rodriguez for $16 million over two years. Sure, they’d take Bailey over K-Rod all things being equal, but at the price of a couple of top prospects, things are far from equal.

My guess is that the Angels will be involved with Madson, so maybe he’ll still get his four-year deal. But that’s far from a certainty. The Reds could scrape up the money for K-Rod or Cordero, but they’re at least as likely to trade for a closer candidate. Francisco might want to seriously think about accepting that arbitration offer from the Jays, even though he’d be a setup man in Toronto. It’s doubtful he’ll do better elsewhere.

Report: Astros, Ryan Pressly close to agreement on two-year, $17.5 million extension

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Chandler Rome of the Houston Chronicle reports that the Astros and reliever Ryan Pressly are close to finalizing a two-year, $17.5 million contract extension, which will also include a third-year vesting club option. Rome notes that the extension is believed to be the largest, in terms of both total money and average annual value, for a reliever who is not a closer.

Pressly, 30, agreed to a $2.9 million salary for the 2019 season back in January, avoiding arbitration in his final year of eligibility. The Astros acquired Pressly from the Twins near the end of July in exchange for a pair of minor leaguers. Pressly posted a 3.40 ERA in 47 2/3 innings with the Twins and a 0.77 ERA in 23 1/3 innings with the Astros. In the playoffs, Pressly allowed just one run on one hit and three walks with seven strikeouts across five innings of work.

Along with Héctor Rondón, Pressly will once again help bridge the gap to closer Roberto Osuna.