Heyman: Yankees eyeing Carlos Beltran, Stephen Drew, Jacoby Ellsbury, others

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The Yankees already made waves this off-season with their recent signing of free agent catcher Brian McCann to a five-year, $85 million deal (the largest ever for a catcher going by average annual value). However, they are still pursuing some of the biggest names still available in the free agent market, reports Jon Heyman of CBS Sports. Heyman writes that the Yankees have their eyes on outfielders Jacoby Ellsbury, Carlos Beltran, and Shin-Soo Choo, starter Hiroki Kuroda, and shortstop Stephen Drew.

Heyman also notes that the Yankees are trying to pressure Robinson Cano to get a deal done sooner rather than later. The two sides are reportedly far apart on a deal, with Cano asking for ten years and more than $300 million, while the Yankees have been more comfortable in the seven-year, $160 million area. The market for Cano has been slow-moving, but the second baseman recently said he would be willing to wait until as late as January to ink a deal.

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.