John Lackey intends to honor contract and pitch at major league minimum salary in 2015

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The Cardinals acquired right-hander John Lackey from the Red Sox yesterday in exchange for outfielder/first baseman Allen Craig and right-hander Joe Kelly. While they paid a premium in order to land him, it’s impossible to look at this deal without taking Lackey’s contract into account.

When the Red Sox signed Lackey to a five-year, $82.5 million contract in December of 2009, they put a clause into the deal which specified that a club option for 2015 at the major league minimum salary ($500,000) would be added if he missed significant time with an elbow injury. That option was triggered after he underwent Tommy John surgery in 2011.

There’s been some speculation that Lackey would retire rather than play at the major league minimum next year or perhaps try to negotiate his deal, but he told reporters upon his arrival in St. Louis today that he intends to honor his contract.

Since his return from Tommy John surgery, Lackey has posted a 3.55 ERA over 50 starts while averaging 7.6 K/9 and 2.0 BB/9. Now you can see why the Cardinals paid a big price with Craig and Kelly. Not only did they acquire a good pitcher, they got a tremendous value.

The Phillies signed Danny Espinosa to a minor league deal

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Scott Lauber of the Philly Inquirer reports that the Phillies have agreed to terms with infielder Danny Espinosa. He’ll report to Triple-A Lehigh Valley.

This will be Espinosa’s fourth organization this year, as he has spent time under contract with the Yankees, Blue Jays and Dodgers in 2018, being released by all three teams after a few weeks. He last appeared in the big leagues in 2017, hitting a mere .173/.245/.278 in 93 games for the Angels, Mariners and Rays. He hit 20 homers a couple of times way back in the day, though, and I guess that — and the humility to accept minor league assignments — will earn you shots if you’re a good guy and you’re in decent shape.