Chris Perez has avoided arbitration in his second-to-last season of eligibility, agreeing to a one-year, $7.3 million deal with the Indians.
Perez showed some signs of decline in 2011, including a career-worst strikeout rate of 5.9 per nine innings, but last season he whiffed 9.2 per nine innings while saving 36 games with a 3.59 ERA.
If the Indians struggle in 2013 he’ll likely be a prime trade candidate, as Perez will probably command more than $10 million via arbitration for 2014 and would then hit the free agent market at age 28. Vinnie Pestano is waiting in the wings to take over ninth-inning duties if needed, although for now at least Perez is obviously a big part of Cleveland’s plans.
Ken Rosenthal and Eno Sarris of The Athletic report that the Mets and free agent starter Rick Porcello have agreed on a one-year contract. Per Jon Heyman, the deal is for $10 million.
Porcello, 30, is coming off of the worst season of his career. Though he went 14-12, he compiled an ugly 5.52 ERA with 143 strikeouts and 45 walks over 174 1/3 innings. It has been a rough three years for Porcello, who has an aggregate 4.79 ERA since 2017.
The benefit of this one-year deal for Porcello is that, if he has a bounce-back season, he can potentially leverage that into a multi-year contract next offseason.
The Mets also signed Michael Wacha to a one-year, $3 million deal on Wednesday. The rotation already features Jacob deGrom, Noah Syndergaard, Marcus Stroman, and Steven Matz. Unless the Mets trade one of those four, they will seemingly have to use one of Porcello and Wacha out of the bullpen to start the 2020 season with the odd man out serving as rotation insurance.