Mark Teixeira to have season-ending surgery

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Bad, bad news for the Yankees and Mark Teixeira. An official statement from the Yankees, marking the end of Teixeira’s season:

“After a recent MRI with dye contrast was performed on Mark Teixeira’s right wrist, New York Yankees Team Physician, Dr. Christopher Ahmad, along with Dr. Melvin Rosenwasser and two other New York-based hand specialists (Dr. Michelle Carlson from the Hospital for Special Surgery and Dr. Keith Raskin from NYU) confirmed that the sheath has not adequately healed.  Surgery has been recommended to repair the tear on the tendon sheath of his wrist.”

Injured during the runup to the World Baseball Classic, Teixeira only managed 63 ineffective plate appearances this year. He’s 33 now and is under contract through 2016 at $22.5 million a year.

Given the severity of this injury and the fact that it has often sapped power and production from other players who have had it in the past — Mark DeRosa is one; while Jose Bautista is a more optimistic example — one has to wonder if that’s not a worse contract than A-Rod’s at this point.

Reds, Raisel Iglesias agree to three-year contract

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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.