The Diamondbacks announced on Wednesday evening that the club acquired outfielder Jon Jay from the Royals in exchange for minor league pitchers Gabe Speier and Elvis Luciano. The D-Backs designated outfielder Kris Negron for assignment to make room on the 25-man roster for Jay.
Jay, 33, signed a one-year, $3 million deal with the Royals in March. He was productive, hitting .307/.363/.374 in 266 plate appearance while playing solid defense. The D-Backs are short on outfielders with Steven Souza, Jr. and A.J. Pollock on the disabled list.
Speier, 23, has spent the year at Double-A Jackson, posting a 3.03 ERA with a 26/10 K/BB ratio in 29 2/3 innings of relief.
Luciano, 18, was the No. 26 prospect in the D-Backs’ system, according to MLB Pipeline. He has yet to pitch in 2018, but he spent last year in rookie ball, posting a composite 2.84 ERA with a 52/18 K/BB ratio in 66 2/3 innings.
The Reds announced on Wednesday that the club and pitcher Raisel Iglesias agreed to a three-year contract. Iglesias had been on a seven-year, $27 million contract signed in June 2014 and had two years with $10 million remaining. According to MLB.com’s Mark Feinsand, the new contract is worth $24.125 million, so it’s a hefty pay raise for Iglesias.
Iglesias, who turns 29 years old in January, has gotten better every season pitching out of the Reds’ bullpen. In 2018, he posted a 2.38 ERA with 30 saves and an 80/25 K/BB ratio in 72 innings. Over his four-year career, the right-hander has 64 saves with a 2.97 ERA and a 359/106 K/BB ratio in 321 2/3 innings.
Iglesias gets little fanfare pitching for the Reds, fifth-place finishers in each of his four years, but he is certainly among baseball’s better relievers. Signing him to a new three-year deal gives them some certainty at the back of the bullpen in the near future.
There was a bit of confusion regarding his previous contract, which allowed him to opt out and file for arbitration if eligible. Iglesias has three years and 154 days of service time, so his new contract essentially covers his arbitration-eligible years.