Red Sox, Blue Jays talking compensation for John Farrell

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Last week John Farrell’s non-denial denial when asked about reports that the Red Sox are interested in him as their next manager kept the speculation swirling and according to Alex Speier of WEEI.com Boston and Toronto “have begun preliminary discussions about potential compensation.”

In the meantime the Red Sox are continuing to interview other candidates, including Yankees bench coach Tony Pena, Dodgers third base coach Tim Wallach, Padres special assistant Brad Ausmus, and Orioles third base coach DeMarlo Hale.

However, it seems clear now that Farrell is their first choice and it’s hard to imagine the Blue Jays putting up a huge fight if they can get some value back in the form of prospects.

Farrell was the Red Sox’s pitching coach for five seasons under Terry Francona, leaving to become the Blue Jays’ manager in 2011. He has a 154-170 record in Toronto and last week said stuff like “I am the manager of the Toronto Blue Jays” and “that’s where I’ve been the last two years and that’s where I currently am.”

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.