Rays get Ryan Hanigan from Reds, Heath Bell from Diamondbacks in three-team deal

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UPDATE: Not only are the Rays getting Hanigan from the Reds as their new starting catcher, Nick Piecoro of the Arizona Republic reports that they’re also getting reliever Heath Bell from the Diamondbacks as part of a three-team trade.

Bell has become sort of a punchline in recent years, but he was quietly fairly effective for Arizona with a 4.11 ERA and 72/16 K/BB ratio in 66 innings. He served up too many homers, but the bat-missing and control are certainly enough to think he can give the Rays some solid innings.

Rosenthal says the rest of the three-team swap includes the Diamondbacks getting Single-A right-hander Justin Choate and a player to be named later from the Rays and the Reds getting left-hander David Holmberg–a decent prospect who made his MLB debut in August–from the Diamondbacks. And of course there’s money changing hands to pay for Bell’s salary.

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Tampa Bay just re-signed Jose Molina to a two-year, $4.5 million deal, but the Rays aren’t done at catcher. Ken Rosenthal of FOXSports.com reports that they’re acquiring Ryan Hanigan from the Reds.

Hanigan has long been underrated because of his excellent on-base skills, but he hit just .198 in 75 games this year at age 32. However, he posted an on-base percentage above .350 in each of the previous six seasons and Hanigan’s career mark of .359 ranks sixth among all active catchers. He also grades out very well in pitch-framing, which the Rays emphasized in signing Molina in the first place.

He’ll presumably take over as the Rays’ primary backstop, with Molina sliding into more of a true backup role that he filled for so many years before getting a bigger opportunity in Tampa Bay recently. Jose Lobatan, who appeared in 100 games for the Rays this year, is likely now trade bait.

This move signals that Cincinnati is ready to hand the starting job to 25-year-old former top prospect Devin Mesoraco, with free agent pickup Brayan Pena backing him up.

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.