Joe Nathan’s deal with the Tigers is now official and it’s a two-year contract believed to be worth $20 million with a team option for 2016, when the closer will be 41 years old.
Nathan made the right call to turn down his $9 million player option with the Rangers, correctly predicting that he could get a multi-year deal for similar annual money even at age 39.
Since returning from Tommy John elbow surgery that cost him the entire 2010 season Nathan has thrown 174 innings with a 2.80 ERA and 194 strikeouts, including 43 saves with a 1.39 ERA and 73/22 K/BB ratio in 65 innings this year.
Also of note: Tigers general manager Dave Dombrowski told Jason Beck of MLB.com that he doesn’t expect to re-sign Joaquin Benoit as a setup man for Nathan because another team will probably sign him as a closer.
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.