Reds “are prepared to trade” Johnny Cueto and Mike Leake

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Not exactly shocking news, but Jon Morosi of FOXSports.com reports that the Reds “are prepared to trade” both Johnny Cueto and Mike Leake.

That’s been the assumption with both pitchers headed to free agency after the season and it’s why I included Cueto and Leake in my article earlier this week about the best starting pitchers likely to be available at the trade deadline.

Cueto is a legit ace and one of the truly elite starters in all of baseball, whereas Leake is a solid middle-of-the-rotation starter. It’s possible Cincinnati could look to maximize their return by packaging both pitchers in the same trade, trying to entice a contending into giving up a top-50 prospect as part of the haul for a pair of two-month rentals.

No word yet on what the Reds plan to do with All-Star closer Aroldis Chapman, who unlike Cueto and Leake is also under contract for 2016.

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

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed Monday to an $11 million, two-year 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 Monday 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.