FEB. 18: It’s a two-year, $7MM guarantee, Jon Heyman of MLB Network reports. Giles will earn a $1MM salary in 2021 and a $5MM salary in 2022. There’s also a $9.5MM option or a $500K buyout for 2023. Additionally, the contract features a $500K signing bonus.
FEB. 11: The Mariners are in agreement on a two-year contract with free-agent reliever Ken Giles, per Ken Rosenthal of The Athletic. Shannon Drayer of ESPN 710 first reported the news. Giles is a client of Rowley Sports Management.
Because he underwent Tommy John surgery as a member of the Blue Jays on Oct. 1, Giles will not be able to help the Mariners in 2021. However, if his recovery goes well, Giles’ history suggests he will emerge as a valuable part of the Mariners’ bullpen the next season. Giles, after all, has logged a 2.74 ERA/2.57 SIERA with well-above-average strikeout and walk rates (33.3 and 7.7 percent, respectively) across a combined 351 innings with the Phillies, Astros and Jays. The 30-year-old right-hander has also converted 115 of 130 save attempts and averaged better than 97 mph on his fastball.
Giles’ elbow issues limited him to 3 2/3 frames last year, but it would be difficult to find many relievers who were harder to face in 2019. That season, Giles threw 53 innings of 1.87 ERA/2.49 SIERA ball and ended up sixth among bullpen arms in K-BB percentage (31.7).