Red Sox could save $2.2 million by releasing Alfredo Aceves

7 Comments

Alfredo Aceves is doing his best to build a terrible relationship with a second straight Red Sox manager, but so far at least there are no reports of Boston being fed up enough to part ways with the reliever.

However, like all arbitration-eligible players who signed one-year deals to avoid a hearing Aceves’ contract is not fully guaranteed.

If released by March 13 the Red Sox would owe Aceves just one-sixth of his deal, which would take them off the hook for $2.2 million of his $2.65 million salary. And if the Red Sox waited a little longer and released Aceves by March 27 they’d owe him one-fourth of the money, saving $1.9875 million.

Over the years there are a few cases of a team releasing a signed player under those rules, but it’s definitely not a common occurrence. Sean McAdam of CSNNE.com speculates that trading Aceves is a more likely option because he probably still has enough value to either get something in return or at least shed his entire salary.

Report: Angels to sign Cody Allen

Jason Miller/Getty Images
Leave a comment

Ken Rosenthal of The Athletic reports that the Angels and reliever Cody Allen are in agreement on a one-year contract, pending a physical. The value of the contract is not yet known.

Allen, 30, was looking for an opportunity to close and the Angels can certainly provide that. He will likely be the favorite to break camp as the closer. 2018 was the roughest year of his career, however, as he finished with a 4.70 ERA, 27 saves, and a 80/33 K/BB ratio in 67 innings. Among Allen’s six full seasons, his 27.7 strikeout rate and 11.4 percent walk rate represented career-worsts. FanGraphs also shows him losing nearly a full MPH on his average fastball velocity.

The Angels lost closer Keynan Middleton to Tommy John surgery early last season and he likely won’t return until the second half of the 2019 season. Blake Parker, who handled save situations in Middleton’s place, was non-tendered by the Angels in November and ended up signing with the Twins. The closer’s role is Allen’s to lose, it seems.