UPDATE: Angels, Orioles, Phillies and Blue Jays pursuing Francisco Cordero

3 Comments

UPDATE: According to Mike DiGiovanna of the Los Angeles Times, the Angels, Orioles, Phillies and Blue Jays are pursuing Cordero. Those are likely our four finalists.

6:40 PM ET: MLB.com’s Alden Gonzalez reports that free agent Francisco Cordero is down to four teams and expects to make a decision by the end of the week.

Gonzalez confirms that the Angels are one of the clubs and suspects that the Phillies and Orioles are also involved. The Rays haven’t entered the bidding and don’t figure to after spending $7.25 million on Carlos Pena.

If the Angels sign Cordero, he’d replace Jordan Walden as the team’s closer. Walden was handed a spot on the AL All-Star team as a rookie, but he ended up blowing 10 save chances on the season. The Orioles would also use Cordero as a closer, while the Phillies would want him as a setup man for Jonathan Papelbon.

Cordero, 36, had a 2.45 ERA and 37 saves in 43 chances for the Reds last season. Cincinnati had some interest in re-signing him, but that was before it upgraded to Ryan Madson.

Dodgers, Tony Gonsolin agree to 2-year, $6.65M contract

Gary A. Vasquez-USA TODAY Sports
0 Comments

LOS ANGELES — All-Star pitcher Tony Gonsolin and the Los Angeles Dodgers agreed on a two-year, $6.65 million contract that avoided an arbitration hearing.

Gonsolin gets $3.25 million this year and $3.4 million in 2024.

His salary in the second season can escalate by up to $3 million based on a points system in which he will be credited one point for each start, or each relief appearance of 3 1/3 innings: $500,000 apiece for 14, 16, 18, 20, 24 and 28 points. The 2024 salary also would increase by $1,125,000 for winning a Cy Young Award this year, $625,000 for finishing second or third in the voting and $500,000 for finishing fourth or fifth.

The sides exchanged salary proposals on Jan. 13, with Gonsolin seeking a raise from $720,000 last season to $3.4 million this year, while the Dodgers offered $3 million.

The 28-year-old right-hander was 16-1 with a 2.14 ERA and 119 strikeouts in 24 starts during a breakout season last year. Gonsolin earned his first All-Star selection with an 11-0 record and a 2.02 ERA in the first half. He finished with the highest winning percentage (.941) in franchise history.

Gonsolin has been with the Dodgers for parts of four seasons since being drafted in the ninth round out of Saint Mary’s College in 2016. He is 26-6 with a 2.51 ERA in 59 career games.

He helped the Dodgers win the 2020 World Series during the pandemic-shortened season.