Indians release closer Chris Perez

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Facing a decision on whether to tender him a 2014 contract via arbitration, the Indians have decided to simply release closer Chris Perez.

Perez made off-field headlines when he was arrested for having marijuana delivered to his house in his dog’s name this season, but he also missed time on the disabled list and struggled with a 4.33 ERA and five blown saves in 30 chances. He was a total mess down the stretch.

Perez was acquired from the Cardinals in the mid-2009 trade for Mark DeRosa and ended up spending five seasons in Cleveland, saving 124 games with a 3.33 ERA and 251 strikeouts in 268 innings. However, his velocity was down this season and he served up too many homers to go along with what has always been shaky control.

He’d have been in line for a raise on this year’s $7.3 million salary and it would have been tough for the Indians to justify that type of money for a 60-inning reliever who’s not even elite. Perez will surely draw plenty of interest as a free agent, but may have to compete for a closer gig or maybe even settle for a setup role.

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.