The Royals have released Bobby Parnell

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The Kansas City Royals have released righty reliever Bobby Parnell.

Parnell actually opted out of his minor league deal and asked for his release when it became clear that he had no spot in the big league bullpen for the Royals. This after he posted a 4.71 ERA and a 17/13 K/BB ratio over 21 relief innings for Triple-A Omaha.

Parnell was once a dominant reliever with the Mets, but he spent nearly two years recovering from Tommy John surgery before an uninspiring six-game stint with the Tigers last year. He was last effective in 2013. Unfortunately, he’s a reminder that while Tommy John surgery has become almost routine, not everyone comes back from it as good as new.

Rays’ Yandy Díaz gets three-year, $24 million deal to avoid arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a three-year, $24 million contract that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.