Report: Giants sign Tony Watson to two-year deal

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Update, 3:40 p.m. ET: Jerry Crasnick of ESPN has more details on the terms of the agreement:

Free agent left-hander Tony Watson has reportedly agreed to terms with the Giants, FanRag Sports’ Jon Heyman announced late Friday night. While the deal has not been confirmed by the team, it’s believed to be a two-year agreement with incentives and a player option (with additional incentives) for a third year. Henry Schulman of the San Francisco Chronicle adds that the deal guarantees Watson something “in the neighborhood of $7 million,” though the exact figure has yet to be disclosed. More importantly, the contract isn’t expected to push the Giants over the $197 million luxury tax threshold.

Watson, 32, capped a seven-year run with the Pirates in 2017 after being dealt to the Dodgers at the trade deadline. The lefty reliever earned a combined 3.38 ERA, 2.7 BB/9 and 7.2 SO/9 in 66 2/3 innings with the two clubs. He also produced 10 saves with the Pirates after beginning the season in the closer role, though some midseason struggles led to his eventual demotion.

The Giants have been in sore need of healthy, productive relievers after a disastrous 2017 campaign, one in which highly-touted closer Mark Melancon succumbed to a lingering forearm strain and the bullpen stumbled to a 25th-best ranking in the league with a cumulative 4.34 ERA and 1.5 fWAR. Granted, Watson is several years removed from the lights-out, sub-2.00 ERA performance that merited All-Star billing back in 2014, but he still figures to be a valuable addition to a team hoping to contend again in 2018.

Free agent slugger José Abreu signs 3-year, $58.5M deal with Astros

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HOUSTON — Jose Abreu and the World Series champion Astros agreed to a three-year, $58.5 million contract, adding another powerful bat to Houston’s lineup.

Abreu, the 2020 AL MVP, gets $19.5 million in each of the next three seasons.

He spent his first nine major league seasons with the Chicago White Sox. The first baseman became a free agent after batting .304 with 15 home runs, 75 RBIs and an .824 OPS this year.

With the Astros, he replaces Yuli Gurriel at first base in a batting order that also features All-Star sluggers Yordan Alvarez, Jose Altuve, Alex Bregman and Kyle Tucker.

Gurriel became a free agent after Houston defeated the Philadelphia Phillies this month for its second World Series championship.

The 35-year-old Abreu becomes the biggest free agent to switch teams so far this offseason. Born in Cuba, the three-time All-Star and 2014 AL Rookie of the Year is a .292 career hitter in the majors with 243 homers, 863 RBIs and an .860 OPS.

The Astros announced the signing. Abreu was scheduled to be introduced in a news conference at Minute Maid Park.

He would get a $200,000 for winning an MVP award, $175,000 for finishing second in the voting, $150,000 for third, $125,000 for fourth and $100,000 for fifth. Abreu also would get $100,000 for earning World Series MVP and $75,000 for League Championship Series MVP, $75,000 for making the All-Star team and $75,000 for winning a Gold Glove or a Silver Slugger.

Abreu gets a hotel suite on road trips and the right to buy a luxury suite for all Astros home games.