Rangers sign Derek Lowe to minor league contract

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UPDATE: Evan Grant of the Dallas Morning News reports that the deal is done.

3:45 PM: Derek Lowe is close to agreeing to a minor-league deal with the Rangers, according to Evan Grant of the Dallas Morning News.

Grant seems to suggest that Lowe will make the Opening Day pitching staff, although it’s hard to imagine why that would be guaranteed for a 40-year-old coming off back-to-back seasons with an ERA above 5.00.

Lowe could start or relieve, and if he does make the team out of spring training he’d presumably be keeping a spot warm until Colby Lewis and/or Martin Perez get healthy. Last season for the Braves and Indians he posted a 5.11 ERA in 143 innings with a .321 opponents’ batting average and nearly as many walks (51) as strikeouts (55).

Rockies, Trevor Story agree on two-year, $27.5 million contract

Trevor Story
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ESPN’s Jeff Passan reports that the Rockies and shortstop Trevor Story have come to terms on a two-year, $27.5 million deal, buying out his two remaining years of arbitration eligibility.

Story, 27, and the Rockies did not agree on a salary before the deadline earlier this month. Story filed for $11.5 million while the team countered at $10.75 million. The average annual value of this deal — $13.75 million — puts him a little bit ahead this year and likely a little bit behind next year.

This past season in Colorado, Story hit .294/.363/.554 with 35 home runs, 85 RBI, 111 runs scored, and 23 stolen bases over 656 trips to the plate. He also continued to rank among the game’s best defensive shortstops. Per FanGraphs, Story’s 10.9 Wins Above Replacement over the last two seasons is fifth-best among shortstops (min. 1,000 PA) behind Alex Bregman, Francisco Lindor, Xander Bogaerts, and Marcus Semien.

With third baseman Nolan Arenado likely on his way out via trade, one wonders if the same fate awaits Story at some point over the next two seasons.