Yoshinori Tateyama became a free agent in late October when Texas declined his $1.2 million option for 2013, but the 36-year-old reliever is returning to the Rangers on a minor-league contract.
Tateyama pitched well as rookie in 2011 after coming over from Japan, throwing 44 innings with a 4.50 ERA and 43/11 K/BB ratio, but got knocked around in the majors this year and spent most of the season at Triple-A.
His numbers there were very strong, with a 1.13 ERA and 45/7 K/BB ratio in 40 innings, so the Rangers did well to keep him in the organization as bullpen depth and it wouldn’t be surprising to see him back in the majors as a middle reliever.
The Reds announced on Wednesday that the club and pitcher Raisel Iglesias agreed to a three-year contract. Iglesias had been on a seven-year, $27 million contract signed in June 2014 and had two years with $10 million remaining. According to MLB.com’s Mark Feinsand, the new contract is worth $24.125 million, so it’s a hefty pay raise for Iglesias.
Iglesias, who turns 29 years old in January, has gotten better every season pitching out of the Reds’ bullpen. In 2018, he posted a 2.38 ERA with 30 saves and an 80/25 K/BB ratio in 72 innings. Over his four-year career, the right-hander has 64 saves with a 2.97 ERA and a 359/106 K/BB ratio in 321 2/3 innings.
Iglesias gets little fanfare pitching for the Reds, fifth-place finishers in each of his four years, but he is certainly among baseball’s better relievers. Signing him to a new three-year deal gives them some certainty at the back of the bullpen in the near future.
There was a bit of confusion regarding his previous contract, which allowed him to opt out and file for arbitration if eligible. Iglesias has three years and 154 days of service time, so his new contract essentially covers his arbitration-eligible years.