Royals release Emilio Bonifacio, eat a half-million bucks

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Kansas City has released Emilio Bonifacio after the utility man and his $3.5 million contract predictably passed through waivers. Because his one-year deal was an arbitration avoidance it’s not fully guaranteed, so by releasing him the Royals are only on the hook for around $575,000. Or maybe “only” is a better way to put it.

Either way, Kansas City basically flushed $575,000 down the drain between the time they signed Bonifacio two weeks ago and now. And he’s free to sign with any team for any amount he can get, like a normal free agent.

Kansas City’s budget changed when Bruce Chen agreed to re-sign and it’s hard to imagine Bonifacio finding another gig this late for near $3.5 million after he hit just .243 with three homers and a .625 OPS in 136 games last season.

Report: Rangers sign Jordan Lyles to two-year, $16 million deal

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The Athletic’s Ken Rosenthal reports that the Rangers and pitcher Jordan Lyles have agreed to a contract. ESPN’s Jeff Passan provided the details, reporting that it is a two-year, $16 million deal.

Lyles, 29, split last season between the Pirates and Brewers, performing much better with the latter. Overall, he compiled a 4.15 ERA with a 146 strikeouts and 55 walks across 141 innings. It was a return to full-time starting for Lyles, who had performed mostly as a reliever from 2016-18.

The Rangers also inked Kyle Gibson to a three-year, $30 million contract last week. Gibson and Lyles will join a rotation that also includes Mike Minor and Lance Lynn as well as youngster Kolby Allard.