The Padres just announced that they have avoided arbitration with left-hander Clayton Richard by agreeing to a one-year contract. Corey Brock of MLB.com hears that the deal is worth $5.24 million.
Richard, who was arbitration-eligible for the second time this winter, earned $2.705 million last season while posting a 3.99 ERA and 107/42 K/BB ratio over 218 2/3 innings. The 29-year-old requested $5.55 million and was offered $4.91 million by the Padres when arbitration figures were exchanged last month, so the two sides settled for a little over the midpoint.
There’s some significance to this agreement, as Richard was the lone arbitration-eligible player left unsigned in MLB. This means that there won’t be a single arbitration hearing in MLB this winter. FOX Sports’ Ken Rosenthal notes that under the current set-up, there has never been a year with fewer than three arbitration hearings until now. That’s a pretty good indication of labor peace.
The Mariners are in the midst of reconstructing their roster, a process which most recently resulted in the trade of first baseman/DH Edwin Encarnación to the Yankees, per a report from ESPN’s Jeff Passan. While the teams have yet to publicly confirm the deal, the Mariners are expected to receive pitching prospect Juan Then and will likely eat a significant portion of Encarnación’s salary as well.
Encarnación is a sizable get for the Yankees, who could benefit from the veteran’s power and consistency in their ongoing drive toward the postseason. The 36-year-old infielder missed some time with a bout of lower back tightness, dental issues, and soreness in his left hand, but has still maintained a decent .241/.356/.531 batting line with an AL-best 21 home runs, an .888 OPS, and 1.7 fWAR through his first 289 plate appearances of the year. Per Mark Feinsand of MLB.com, Encarnación has another $11-12 million left on his contract in 2019, with a $20 million option for the 2020 season and a $5 million buyout.
Then, 19, was acquired by the Yankees in a three-person trade with the Mariners during the 2017 offseason. The right-hander currently ranks no. 27 in the Yankees’ system and made his last pro ball appearance for New York’s rookie-level affiliate in 2018, pitching to a 2.70 ERA, 2.0 BB/9, and 7.6 SO/9 across 50 innings. It’s not clear if any other players are involved in the trade, though USA Today’s Bob Nightengale notes that no other prospects are thought to be included in the package for Encarnación.