MARCH 12: Per Paul Hoynes of the Cleveland Plain Dealer (on Twitter), Indians GM Chris Antonetti said on a television appearance that Floyd re-fractured the olecranon bone in his right elbow — the same injury that ended his season last year.
MARCH 10: Indians righty Gavin Floyd again has a stress fracture in his right elbow and will be out indefinitely, the club announced (Twitter links). Treatment options are still being assessed, but surgery is a possibility.
This was essentially the worst-case scenario for Cleveland when it promised Floyd $4MM to pitch for the club this season. While there was a reasonable chance that he would prove a bargain, at this point it appears that he will likely occupy a relatively significant amount of payroll space that might otherwise have been allocated to a more pressing need.
The team emphasized that a precise timeline is still dependent upon the course of action chosen, but it seems safe to assume that the Indians will not expect any contribution this year. That does not necessarily mean that an outside addition will be required, of course, as the team already had a good number of interesting young arms in its stable.