Released by the Blue Jays two weeks ago, left-hander Ricky Romero is “making progress” on a deal to sign with the Giants according to Ben Nicholson-Smith of Toronto Sportsnet.
Romero was a 26-year-old All-Star in 2011 and the Blue Jays signed him to a $30 million long-term deal, but then he ceased being able to throw the ball over the plate. Since that All-Star season Romero has a 5.97 ERA with 113 walks in 188 innings, and his control got so bad that he spent most of 2013 and all of 2014 struggling in the minors.
Romero is still just 30 years old and the Blue Jays are on the hook for his entire contract, making it a no-risk flier for the Giants, but last season at Triple-A he had 42 walks in 38 innings. He serves as an example of how not every pre-arbitration contract extension for a young star player works out well for the team.