Report: Marco Estrada claimed on revocable trade waivers

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Jon Morosi reports that Blue Jays starter Marco Estrada has been claimed on revocable trade waivers by an unknown team. The Jays will have 48 hours to work out a trade with the mystery team. If no deal is worked out, the Jays can either allow that team to assume the remainder of Estrada’s $14.5 million salary or pull him back from waivers.

Estrada, 34, has a 4.85 ERA with a 140/56 K/BB ratio in 135 1/3 innings this season. While he’s been inconsistent throughout the year, he has been particularly effective lately, putting up a 2.08 ERA over his last four starts.

The Jays, despite being in last place in the AL East, are still in the playoff hunt, entering Tuesday’s action 3.5 games behind the Angels for the second Wild Card slot. However, the Jays are one of seven teams within 3.5 games of the Angels (and within 5.5 games of the Yankees), which muddies up their playoff odds. Still, the Jays don’t appear to be very motivated to help Estrada change addresses, per Jon Heyman of FanRag Sports.

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.