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Report: Yankees, J.A. Happ agree to two-year contract

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UPDATE (9:57 PM EST, Bill Baer): The two sides have agreed on a two-year contract with a third-year vesting option, SNY’s Andy Martino reports.

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UPDATE: Rosenthal is now walking the report back a bit, saying that indications that the Yankees and Happ are close to a deal but that it is not yet done.

10:29 AM: Ken Rosenthal reports that the Yankees and J.A. Happ have come to terms on a three-year deal. The agreement is pending a physical. The financial terms are not yet known.

Happ just turned 36, but he has been effective enough to warrant a three-year commitment. The Yankees know this as well as anyone, having acquired him last year and watched him post a 7-0 record and a 2.69 ERA in 11 starts in New York. For the entire season he was 17-6 with a 3.65 ERA and a K/BB ratio of 193/51 in 177.2 innings between the Yankees and the Blue Jays.

With Happ back in the fold, the Yankees rotation now consists of Luis Severino, James Paxton, Happ, Masahiro Tanaka and CC Sabathia, not necessarily in that order. A good group, assuming it stays healthy.

Report: Angels to sign Cody Allen

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Ken Rosenthal of The Athletic reports that the Angels and reliever Cody Allen are in agreement on a one-year contract, pending a physical. The value of the contract is not yet known.

Allen, 30, was looking for an opportunity to close and the Angels can certainly provide that. He will likely be the favorite to break camp as the closer. 2018 was the roughest year of his career, however, as he finished with a 4.70 ERA, 27 saves, and a 80/33 K/BB ratio in 67 innings. Among Allen’s six full seasons, his 27.7 strikeout rate and 11.4 percent walk rate represented career-worsts. FanGraphs also shows him losing nearly a full MPH on his average fastball velocity.

The Angels lost closer Keynan Middleton to Tommy John surgery early last season and he likely won’t return until the second half of the 2019 season. Blake Parker, who handled save situations in Middleton’s place, was non-tendered by the Angels in November and ended up signing with the Twins. The closer’s role is Allen’s to lose, it seems.