Report: Winning bid for Yu Darvish around $48 million

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We won’t know anything official until next week, but Anthony Castrovince of MLB.com writes that reports in Japan indicate that the winning bid for Yu Darvish came in around $48 million.

If the $48 million figure proves accurate, it would fall just under the record $51,111,111 sum the Red Sox paid for exclusive negotiating rights with Daisuke Matsuzaka in 2006. They ended up agreeing to a six-year, $52 million contract.

George A. King III of the New York Post reported yesterday that the Blue Jays have the highest bid for Darvish, checking in somewhere between $40-50 million. We’ll have to wait to find out if that’s the case, but the winning team would have 30 days to work out a contract. The 25-year-old right-hander is reportedly seeking a five-year, $75 million deal, which could push the total investment over $120 million for an MLB team.

Padres to place Franchy Cordero on DL, activate Hunter Renfroe

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Kevin Acee of the San Diego Union-Tribune reports that the Padres will place outfielder Franchy Cordero on the 10-day disabled list and activate outfielder Hunter Renfroe from the DL on Monday.

Cordero, 23, has been slumping, batting .140 with four extra-base hits in 47 plate appearances dating back to May 11. The Padres noticed that the forearm issue has been affecting his swing in recent games. Manager Andy Green said, “It was something where he could swing a certain way to manage it. But swinging that way was not him.”

Renfroe, 26, has been out since mid-April due to inflammation in his right elbow. He hit .200/.281/.440 in 57 PA prior to landing on the disabled list. Renfroe played in 10 rehab games with Triple-A El Paso.