Hyun-Jin Ryu signs with Blue Jays on four-year, $80 million contract

Hyun-Jin Ryu
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The Blue Jays made a significant addition to their starting rotation on Sunday night, signing veteran lefty free agent Hyun-Jin Ryu to a four-year, $80 million contract, Jon Heyman reports. Per Bob Nightengale of USA TODAY Sports, the contract includes a full no-trade clause.

Ryu, 32, led all qualified starters in baseball last season with a 2.32 ERA, finishing second in NL Cy Young Award balloting. He also went 14-5 with 163 strikeouts and 24 walks over 182 2/3 innings of work. Though he has had trouble staying healthy over the course of his seven-year major league career, Ryu holds a 2.98 career ERA spanning 740 1/3 innings.

Ryu is the most significant addition the Blue Jays have made this offseason. He is one of three newcomers to the rotation, joining Chase Anderson and Tanner Roark. While the Jays had a disappointing 67-95 record this past season, they are putting in some effort to return to relevancy in the AL East.

Nightengale notes that Scott Boras, Ryu’s agent, has crossed $1 billion in total value of contracts signed by his clients this offseason. Boras’ other clients include Gerrit Cole (nine years, $324 million), Stephen Strasburg (seven years, $245 million), Anthony Rendon (seven years, $245 million), Mike Moustakas (four years, $64 million), and Dallas Keuchel (three years, $55.5 million).

Colin Poche, Rays go to arbitration just $125,000 apart

Colin Poche torn UCL
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ST. PETERSBURG, Fla. – Reliever Colin Poche went to salary arbitration with the Tampa Bay Rays on Tuesday with the sides just $125,000 apart.

The gap between the $1.3 million the pitcher asked for and the $1,175,000 the team offered was the smallest among the 33 players who exchanged proposed arbitration figures last month. The case was heard by John Woods, Jeanne Vonhof and Walt De Treux, who will hold their decision until later this month.

A 29-year-old left-hander, Poche had Tommy John surgery on July 29, 2020, and returned to the major leagues last April 22 after six appearances at Triple-A Durham. Poche was 4-2 with a 3.99 ERA and seven saves in 65 relief appearances for the Rays. He struck out 64 and walked 22 in 58 2/3 innings.

Poche had a $707,800 salary last year.

Tampa Bay went to arbitration on Monday with reliever Ryan Thompson, whose decision also is being held until later this month. He asked for $1.2 million and the Rays argued for $1 million.

Rays right-hander Jason Adam and outfielder Harold Ramirez remain scheduled for hearings.

Players and teams have split four decisions thus far. All-Star pitcher Max Fried ($13.5 million) lost to Atlanta and reliever Diego Castillo ($2.95 million) was defeated by Seattle, while pitcher Jesus Luzardo ($2.45 million) and AL batting champion Luis Arraez ($6.1 million) both beat the Marlins.

A decision also is pending for Los Angeles Angels outfielder Hunter Renfroe.

Eighteen additional players are eligible for arbitration and hearings are scheduled through Feb. 17. Among the eligible players is Seattle utilityman Dylan Moore, who has a pending three-year contract worth $8,875,000.