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Giants Release Cameron Maybin

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The Giants announced that they have released veteran outfielder Cameron Maybin, as Kerry Crowley of the Bay Area News Group was among those to tweet. It is not clear at this time if Maybin opted out of his contract.

While it had seemed at one point that Maybin would likely crack Giants roster out of camp, the club obviously decided to go with another direction. It’s possible that an outside addition will end up filling the need for a reserve outfielder that can step in at times in center for youngster Steven Duggar.

A regrettable mid-spring DUI arrest surely did not help Maybin’s cause. He also failed to do much with his opportunities in the lineup, posting a meager .483 OPS in 48 Cactus League plate appearances.

Over the past two seasons in the majors, Maybin has carried a .237/.322/.351 batting line with 14 home runs and 43 steals in 834 total plate appearances. The 31-year-old has never been a consistent offensive threat, but is still viewed as a quality defender.

Braves Reportedly “Still In” On Craig Kimbrel

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5:59pm: Whether or not there’s ongoing contact, the Braves have yet to make Kimbrel an offer, per MLB.com’s Mark Bowman (via Twitter).

4:10pm: The Braves are “still in” the market for veteran reliever Craig Kimbrel, according to David O’Brien of The Athletic (Twitter link). According to O’Brien’s sources, the race at this point is down to the Braves and Brewers.

Atlanta’s reported interest in their former ninth-inning man has wavered all winter long. The team has made quite clear that it isn’t interested in a lengthy entanglement with the veteran reliever, but has remained engaged in shorter-term scenarios.

Other potential participants in Kimbrel’s market have also remained murky. The Red Sox have all but ruled out a return; the Nationals were briefly rumored to be involved but have said they don’t want to go over the luxury tax line. Otherwise, the Rays are the only team we’ve heard much about; the light-spending org is said to be keeping tabs but obviously hasn’t pushed the market to this point.

Last we heard, just over a week ago, the Braves were not even engaged with Kimbrel’s representatives. Perhaps the team’s ongoing pitching health questions have spurred the front office to reconsider the 30-year-old reliever, who racked up 186 saves and 289 innings of 1.43 ERA pitching in his incredible early-career run in Atlanta.

It’s good news for Kimbrel that there’s finally some added interest. The Brewers have also had injury troubles and are said to be “pretty serious” about getting something done. The question remains whether any of these organizations — or some other one — will feel compelled to offer Kimbrel a significant multi-year pact. At this stage of the offseason, the odds seem stacked against it, but the fact that he has yet to sign could suggest he’s still holding out hope.

White Sox Extend Eloy Jimenez

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MARCH 22: The deal is now official. The South Siders revealed all the terms. Jimenez gets a $5MM signing bonus and salaries of $1MM (2019), $1.5MM (2020), $3.5MM (2021), $6.5MM (2022), $9.5MM (2023), and $13MM (2024). There’s a $3MM buyout that applies to either of the options, which are priced at $16.5MM and $18.5MM, respectively.

MARCH 20: The White Sox have reportedly struck a historic extension with top prospect Eloy Jimenez. If he passes a physical, Jimenez stands to receive a record-shattering $43MM guarantee over six seasons, with a pair of option years that cost a cumulative $32MM. There’s also said to be a $2.5MM MVP bonus.

This contract will easily set a new bar for early-career extensions. To this point, only two players have ever agreed to pre-MLB debut extensions: Jon Singleton, who signed a $10MM deal with the Astros, and Scott Kingery, who inked a $24MM pact with the Phillies. Deals for players with less than a single season of MLB service haven’t gone much past Kingery’s earning level to this point, with Jimenez’s soon-to-be-teammate Tim Anderson promised $25MM and Paul DeJong of the Cardinals guaranteed $26MM.

Jimenez is widely regarded as one of the game’s five best prospects, but he has yet to take a single MLB plate appearance. The club recently optioned the 22-year-old back to Triple-A. While his showing in Spring Training wasn’t exactly stirring, it’s hard to say that Jimenez has anything to prove in the upper minors after a monster 2018 showing. In 456 total plate appearances at the Double-A and Triple-A levels, Jimenez turned in a .337/.384/.577 slash with 22 home runs and 32 walks to go with 69 strikeouts.

While it’s tempting to view this deal as buying out two potential future free agent seasons, that’s only true if the South Siders would have placed Jimenez on the Opening Day roster this year. Having already demoted him, that was not (and may still not be) the case. Teams that aren’t afraid to hold down top prospects for a few weeks are able to achieve nearly seven full seasons of output before a player reaches free agency.

Realistically, then, the Sox will only be adding one season of control. That might be an extremely valuable campaign, to be sure, as Jimenez will still be only 29 in 2026. The team will also pick up cost certainty over a player whose power potential gives him major arbitration earning upside. With a likely fourth arb-eligible season involved, Jimenez might have challenged for rather staggering sums. Of course, there are also plenty of ways in which he’d fall shy of his arb earning upside — an ill-timed injury, in particular — so there’s some degree of risk to the team and protection to Jimenez even if he turns out to be every bit as good as hoped.

While other aspects of the White Sox’ offseason didn’t turn out as hoped, they’ll now open the 2019 season with another player firmly tabbed as a part of the long-term core. Odds are Jimenez will be joined in the majors this year by top pitching prospect Dylan Cease. Both were acquired in the memorable mid-2017 deal that sent lefty Jose Quintana to the cross-town Cubs. The Quintana contract was one of several extensions that worked out quite well for the White Sox, enabling the team to acquire loads of top prospects when it decided to launch a rebuild. The Pale Hose are still waiting for those youngsters to establish themselves as quality MLB assets, though hope remains that some will reach their long-lauded ceilings — with Jimenez leading the way.

Dominican reporter Hector Gomez first tweeted the agreement. Dinisio Soldevila of Periodico Hoy had the primary contract terms (Twitter links), with Ken Rosenthal of The Athletic (in a tweet) also contributing. Joel Sherman of the New York Post (via Twitter) reported that the deal was in place pending physical.

Photo courtesy of USA Today Sports Images.

Justin Grimm Opts Out Of Deal With Indians

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Righty Justin Grimm has opted out of his minor-league contract with the Indians, the club announced. He’ll head back onto the open market in search of a new deal.

Grimm, 30, was looking for a chance to bounce back after a brutal 2018 campaign. He performed well in camp, allowing just one earned run while compiling nine strikeouts and four walks in 8 2/3 innings, but obviously didn’t show the Cleveland organization enough to command a roster spot.

While the results haven’t been there of late, Grimm was a solid pen arm for the Cubs not so long ago. Between 2014 and 2016, he compiled 171 1/3 innings of 3.36 ERA ball with 10.6 K/9 and 4.0 BB/9.

Matt Olson Undergoes Hand Surgery

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Athletics first baseman Matt Olson has undergone hand surgery, per a club announcement. The procedure “involved a right hamate excision,” according to the team.

Olson’s timeline to return to competitive action is not yet clear, though there are plenty of comparable situations to look to for precedent. Hamate removals are rather common for hitters; the typical prognosis is a return within six to eight weeks, though that’s only a general expectation.

Soon to turn 25, Olson was looking to follow up on a strong first full season of MLB action. He played in all 162 games in 2018, slashing .247/.335/.435 (117 wRC+) and swatting 29 long balls in 660 plate appearances.

Instead, he’ll be sidelined for a decent chunk of the early action. While it seems reasonable to hope he’ll be at full health for most of the season, hamate procedures are generally associated with some reduced power for a time once a player returns to action.

It’s not clear just yet how the A’s will fill in while Olson is sidelined. Mark Canha is the only other player on the 40-man roster with extensive experience at first base. Old friend Danny Valencia is still on the open market, as is Logan Morrison, if thought is given to outside additions. The organization may also look at players that are just now being made available by other organizations.

Royals Sign Lucas Duda

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The Royals have inked veteran first baseman Lucas Duda to a minor-league deal, per a club announcement. He had been cut loose recently by the Twins.

Duda, 33, played with Kansas City last year. Though he failed to return to his prior levels of output, he turned in a nearly league-average slash line (.241/.313/.418) and obviously left a good impression before he was traded late in the year to the Braves.

In 3,462 plate appearances with the Mets, the left-handed-hitting slugger put up a strong .246/.343/.457 output and knocked 125 home runs. He was a substantially above-average bat as recently as the middle of the 2017 campaign.

While things have turned south since, Duda still seems a reasonable candidate to reemerge as a quality option against right-handed pitching. That said, it’s tough to see where he fits on a Kansas City roster that features another left-handed-hitting first baseman in Ryan O’Hearn.

Astros Extend Alex Bregman

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MARCH 22: The deal has now been announced.

MARCH 21: Bregman will be paid $11MM annually from 2020-22 before earning $28.5MM in both 2023 and 2024, ESPN’s Jeff Passan reports (via Twitter). He also has a 10-team no-trade clause for the 2023-24 seasons.

MARCH 20: The deal includes a $10MM signing bonus, per Jon Heyman of MLB Network (via Twitter). That’s unusual for a pre-arb contract; Heyman even suggests it may be unprecedented. Bregman can also boost his salary through escalators based upon MVP award finishes, the details of which are not yet known.

MARCH 19, 9:12pm: The Houston Chronicle’s Chandler Rome clarifies (via Twitter) that the contract is technically a five-year, $100MM extension. The new contract does not override Bregman’s 2019 salary, but it does cover his three arbitration seasons and what would have been his first two free-agent seasons.

It’s a technicality but not an insignificant one; because Bregman’s 2019 contract is a separate entity from his 2020-24 contract, the extension comes with a $20MM luxury hit (the average annual value of the deal). Had it been structured as a six-year pact overriding his current salary, the deal would’ve come with a $16.66MM luxury hit.

However, signing Bregman to a six-year deal with that $16.66MM hit would’ve pushed Houston to just about $3.5MM shy of paying the luxury tax in 2019, leaving the Astros with minimal wiggle room for in-season additions on the trade market. Instead, they’re about $19.5MM shy of the $206MM threshold right now, which should leave them plenty of room to take on salary in midseason trades.

8:55pm: The Astros have agreed to terms on a six-year, $100MM contract with star third baseman Alex Bregman, reports Mark Berman of FOX 26 Houston (via Twitter). That contract covers the current season, three arbitration years and what would’ve been the first two free-agent seasons for Bregman. The Athletic’s Ken Rosenthal had tweeted not long before that the two sides had been discussing an extension.

Alex Bregman | Geoff Burke-USA TODAY Sports

Bregman, 25 at the end of the month, has rapidly ascended from No. 2 overall draft pick (2015) to one of the game’s premier players. The LSU product has improved in each MLB season, topping out with his first All-Star appearance and a fifth-place finish in American League MVP voting in 2018. Last season, he posted a brilliant .286/.394/.532 batting line with 31 homers, 51 doubles, four triples and 10 steals in a season that both Baseball-Reference and Fangraphs was worth about seven wins above replacement.

The contract extension comes just weeks after Bregman voiced “disappointment” with the fact that the Astros renewed his contract for the upcoming season at $640,500. “I understand that it’s a business,” Bregman told MLB.com’s Brian McTaggart at the time, “but I feel like good business would be wanting to make a player who performed at a high level on your team happy and want to feel like he wanted to be kept and feel like they wanted him to play here forever.”

Whether Bregman was referencing a desire to sign an extension or merely felt he should’ve been compensated at the record pre-arb levels attained by Mookie Betts ($950K) and Kris Bryant ($1.05MM), the point is now moot. The nine-figure extension offer emphatically makes clear that the ’Stros view Bregman as a vital part of their future. At the same time, it also affords him the opportunity to reach the open market in advance of his age-31 campaign — enough time to perhaps lock in one more significant payday before reaching his mid-30s.

Historically speaking, Bregman’s contract is the third-largest deal ever promised to a player with between two and three years of MLB service time. Buster Posey’s eight-year, $159MM pact tops the list for that service class, although unlike Bregman, he was a Super Two player and already eligible for arbitration when agreeing to that deal. He was also coming off a 2012 season in which he was named National League MVP, and beyond that, he had a National League Rookie of the Year Award on his mantle as well.

As for non-Super-Two players with between two and three years of service, Mike Trout’s original six-year, $144MM contract still stands out as the high-water mark. Like Posey, he had a more impressive resume than Bregman through his first two-plus seasons before agreeing to that deal.

This marks the second extension for the Astros on what has been an apparently busy day for president of baseball operations Jeff Luhnow and the rest of the front office. Houston agreed to a two-year, $17.5MM extension with reliever Ryan Pressly earlier tonight as well.

Bregman now joins 2017 American League MVP Jose Altuve as the only Astros locked up through the 2024 season. That pair will form the cornerstones of the Astros’ impressive nucleus for the next six years, and it’s still possible that others could be locked into longer-term pacts as well. Altuve, Bregman and Pressly are the only Astros players who are guaranteed any money beyond the 2020 season, and the team does have several important pieces up for free agency in the near future. Justin Verlander, Gerrit Cole and Collin McHugh are all free agents at the end of the 2019 season, while George Springer will hit the open market after the 2020 campaign. Carlos Correa, meanwhile is arbitration-eligible through the 2021 season. No one should expect the Astros to lock up all of those players — even securing two would be an impressive feat — but the Bregman deal likely doesn’t put an end to the team’s extension efforts.

Angels Release Daniel Hudson

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The Angels have released righty Daniel Hudson, Maria Torres of the Los Angeles Times tweets. As an Article XX(B) free agent, Hudson would have commanded a $100K roster bonus had he not been added to the 40-man roster.

The Halos decided to go in a different direction after taking a look at the 32-year-old in camp. Hudson was touched for five earned runs and three long balls during his 6 2/3 innings in spring action.

Hudson got his career back on track in 2015 after a long run of arm issues. He has struggled since to produce results, but has continued to draw MLB opportunities by continuing to carry mid-to-upper nineties heat and strong swinging-strike rates (at least 12.0% in each of the past four years). Last year, he worked to a 4.11 ERA with 8.6 K/9 and 3.5 BB/9 in 46 innings for the Dodgers.

Latest On Justin Verlander, Gerrit Cole Extension Possibilities

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4:27pm: Owner Jim Crane acknowledged that there are talks with at least some realistic possibility of a deal, as MLB.com’s Brian McTaggart reports on Twitter.

“I don’t think anything is final, but if it’s going to get done it’s going to get done before we get out of here,” said Crane in reference to the conclusion of spring camp.

3:17pm: Cole seems to have snuffed out any possibility of a deal coming together in his case. He says “there have been no contract negotiations,” as Chandler Rome of the Houston Chronicle reports.

The hurler indicated some displeasure with the situation. He tells Rome that the team asked, and he gave permission to hold a discussion with agent Scott Boras. But there was never any talk beyond that per Cole, who says “this seems more like a phone call negotiation involving the media than anyone else.”

2:50pm: The Astros are currently discussing potential extension scenarios with both Justin Verlander and Gerrit Cole — a development that The Athletic’s Ken Rosenthal downplayed even as he reported it earlier today. In a follow-up tweet, though, Rosenthal says that deal with Verlander “is at least possible.”

That characterization seems to nudge up the likelihood of a deal. The plausibility is boosted further by the fact that Rosenthal puts out some numbers. It seems there’s some discussion and potential for a two-year extension worth over $60MM.

Verlander will turn 37 years of age before he throws a competitive pitch in the 2020 season. At that phase of a player’s career, lengthy commitments generally can’t be achieved. We’ve seen hefty two-year deals for superior performers, though not at the kind of top-of-the-market rates that seem to be under contemplation here.

It’s hard to argue that Verlander is worthy anything less than top dollar. He has been fantastic since landing in Houston late in the 2017 season, throwing 248 innings in 39 starts and compiling a 2.32 ERA with 12.1 K/9 against 1.5 BB/9. Even for a pitcher as great as Verlander, that’s a dizzying level of output.

Verlander has indicated that he’d like to keep pitching well into his forties. For now, he’ll have to decide whether to lock in two more years in Houston or instead wait to see what the open market offers next winter. As for the Astros, Rosenthal suggests they may need to dangle something approaching the current record average annual value for a starter (Zack Greinke’s $34.4MM) to secure a deal.

Giants Return Rule 5 Pick Drew Ferguson To Astros

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The Giants have returned Rule 5 pick Drew Ferguson to the Astros after the outfielder cleared waivers, Maria Guardado of MLB.com tweets. Ferguson was designated for assignment yesterday when the Giants acquired another pick in this past year’s Rule 5 Draft, Connor Joe, from the Reds.

Ferguson, 26, struggled in big league camp with San Francisco this spring, hitting just .111/.294/.111 over the life of 34 plate appearances. He enjoyed a strong, albeit somewhat shortened season in Triple-A this past year prior to being taken in the Rule 5, hitting .305/.436/.429 with 46 walks against just 61 strikeouts in 292 plate appearances. He’ll return to the Astros now and won’t be required to be placed on the 40-man roster.

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