Ryan Madson close to a deal to become the Angels closer

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Jon Heyman reports that Ryan Madson are close to signing a deal.  It would be for one year. Heyman says that Madson would become the Angels closer, and that Ernesto Frieri would set up. The financial terms are not yet known.

Madson missed the entire 2012 season after undergoing Tommy John surgery. In 2011 he posted a 2.37 ERA in 60 and two-thirds innings for Philly, saving 32 games. The Angels are taking a bit of a gamble on Madson by making him their closer — command often lags arm strength for members of the Tommy John Alumni Society — but with Frieri around, the risk is less than it might be for many teams.

Astros talking to Justin Verlander, Gerrit Cole about extensions

Justin Verlander
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It’s extension season and Ken Rosenthal of The Athletic reports that the Astros — who already agreed to an extension with Alex Bregman — are discussing contract extensions with Justin Verlander and Gerrit Cole.

Funny thing about Verlander, by the way: when he got his current $180 million deal, most people fell into the “oh, there’s an overpay!” column. What’s more, this past winter, when everyone was talking about how bad it is to give guys big long term deals, Verlander’s name was notably absent in the conversation despite the fact that his deal has turned out to be quite good. I suppose that says something about how good the anti-long-term deal folks are at cherrypicking.

That being said, Rosenthal says “it would be an upset” if either Verlander or Cole signed extensions. I can see that. Verlander is still locked up, thanks to a team option that will almost certainly be exercised, through 2020, and Cole is a Scott Boras client and Boras clients tend to hit the market rather than sign extensions. Perhaps their former teammate, Dallas Keuchel‘s, terrible experience on the free agent market this winter will alter that calculus. Hard to say.