10:39am: The Astros have outrighted reliever Kyle Farnsworth, reports Evan Drellich of the Houston Chronicle (via Twitter). Houston has selected the contract of Jose Veras to take his place on the active roster.
Farnsworth, a 38-year-old righty, has worked to a 6.17 ERA in 11 2/3 innings since joining the Astros, striking out eight hitters while walking nine. Combined with his earlier work with the Mets, his season ERA stands at 4.40 through 28 2/3 frames, with 5.7 K/9 against 4.7 BB/9.
Farnsworth generated some headlines when he expressed his displeasure at being released by the Mets shortly before he would have passed his advance-consent date and been guaranteed his full season’s contract. He then inked a big league deal with Houston that could have been worth up to $1.2MM with incentives.
Meanwhile, Veras will get a chance to right his career with the team for which he closed just last year. Dealt to the Tigers at the 2013 trade deadline, Veras somewhat surprisingly had his option declined by Detroit and ultimately signed on to be the Cubs’ closer. But after a productive 2013 (3.02 ERA in 62 2/3 innings), things went south in Chicago, where Veras saw his ERA balloon to 8.10 in 13 1/3 frames (with 8.8 K/9 against a troubling 7.4 BB/9).
]]>10:38am: Jon Heyman of CBSSports.com (on Twitter) confirms that it’s a big league deal.
10:24am: The Astros have signed Kyle Farnsworth, according to Brian McTaggart of MLB.com (on Twitter).
Earlier today, Ken Rosenthal of FOX Sports (on Twitter) cautioned everyone not to be surprised if the Astros wound up signing Farnsworth. Houston, after all, is the team with the greatest need for the veteran as they have the highest bullpen ERA in the majors.
The Mets outrighted Farnsworth this week before his advance consent clause was set to lapse. Had the Mets kept Farnsworth, they would have been on the hook for $750K for the rest of the season. Rather than accept the assignment, the Barry Meister client elected free agency.
Prior to his release, Farnsworth, 38, served as the Mets’ closer at times and carried a 3.18 ERA through 17 innings. The veteran righty sports a 5.29 K/9 against 3.18 BB/9 to go with a 35.2% groundball rate on the year. That strikeout rate falls well below his career average of 8.80 K/9, continuing a precipitous decline in that mark in recent years. Over 977 career MLB innings, Farnsworth has a 4.24 ERA.
To make room for Farnsworth on the roster, Houston has optioned Paul Clemens to Triple-A.
]]>WEDNESDAY, 10:36pm: Farnsworth’s 45-day period actually was not set to expire until this Saturday, tweets Marc Carig of Newsday. Either way, of course, the cost savings were likely an element in the decision.
10:03pm: Farnsworth has actually been outrighted, according to Mike Puma of the New York Post (links to Twitter). The veteran clearly indicated that he intends to refuse the assignment to Triple-A, telling reporters that he hopes to find a new club that will allow him to “play against this team.”
Farnsworth also added that today was the last day for the team to release him without guaranteeing him a full season’s worth of pay, based upon the advance-consent clause contained in his contract. As Rubin tweets, the Mets will avoid owing Farnsworth about $750K for the rest of the season.
9:53pm: The Mets have released reliever Kyle Farnsworth, reports Jon Heyman of CBSSports.com (via Twitter). As Adam Rubin of ESPN.com tweeted earlier today, a reliever appeared to be on the way out with lefty Josh Edgin being brought into two for “possible activation.”
Farnsworth, 38, had served as the club’s closer at times this year, and carried a 3.18 ERA through 17 innings. The veteran righty sports a 5.29 K/9 against 3.18 BB/9 to go with a 35.2% groundball rate on the year. That strikeout rate falls well below his career average of 8.80 K/9, continuing a precipitous decline in that mark in recent years for Farnsworth. Over 977 career MLB innings, Farnsworth has a 4.24 ERA.
]]>9:45am: It appears that this saga can finally be put to rest, as Farnsworth has officially re-signed with the Mets, according to ESPN.com's Adam Rubin (via Twitter).
TUESDAY, 10:46am: Agent Barry Meister tells MLBTR's Zach Links (via Twitter) that nothing has changed: Farnsworth is still "assessing his options" and has not re-signed with the Mets.
7:35am: Farnsworth's name is on the lineup card, so it appears that he has, in fact, re-signed with the Mets, tweets Adam Rubin of ESPN.com.
MONDAY, 9:40am: "Farnsworth has not returned to the Mets and is exploring his options," agent Barry Meister tells Chris Cotillo of MLB Daily Dish. "No agreement was or has been reached," adds the agent. Jon Heyman of CBS Sports says Farnsworth is looking for a Major League deal, and if he can't find one, he may go back to the Mets.
8:22am: Reliever Kyle Farnsworth will re-sign with the Mets this week, tweets Anthony DiComo of MLB.com. The deal will happen tomorrow, tweets Marc Carig of Newsday. The maneuver is seemingly a way of avoiding paying Farnsworth a $100K retention bonus, the deadline for which is tomorrow at 11am central time.
Farnsworth, 38 in April, posted a 4.70 ERA, 6.6 K/9, 2.3 BB/9, 1.17 HR/9, and 45.5% groundball rate for the Rays and Pirates in 2013. He was up to 95 miles per hour on his fastball in a strong September showing for the Bucs, although his velocity was reportedly (and not unusually) back down this spring. The Mets initially inked Farnsworth to a minor league deal in February.
Two non-roster invitees do appear to make the Mets' Opening Day bullpen, according to Adam Rubin of ESPNNewYork.com on Saturday: Jose Valverde and John Lannan. Bobby Parnell, Vic Black, Carlos Torres, Jeurys Familia, and Scott Rice will likely round out the seven-man crew.
]]>1:20pm: Rubin tweets a source tells him Farnsworth and the Mets are in talks presumably discussing a minor league deal with an in-season opt out.
11:47am: Kyle Farnsworth has decided to exercise the out clause in his contract with the Mets, agent Barry Meister told Adam Rubin of ESPNNewYork.com. The reliever was informed by GM Sandy Alderson and assistant GM John Ricco earlier today that he would not be on the Opening Day roster.
"The Mets gave him every opportunity and we are very appreciative of the way Sandy and John handled the situation," Meister said.
Farnsworth, 38 in April, spent last season with the Rays and Pirates, posting a combined 4.70 ERA with 6.6 K/9, 2.3 BB/9 and a 45.5 percent ground-ball rate. ERA estimators such as FIP (4.14), xFIP (3.73) and SIERA (3.64) all feel that Farnsworth was better than the 4.70 mark indicates. However, he also posted his lowest K/9 rate since his rookie season in 1999 and his 92.6 mpg average in fastball velocity was a career-low.
Edward Creech contributed to this post.
]]>FEBRUARY 3, 5:29pm: Farnsworth will earn $1MM if he makes the big league roster, reports Jon Heyman of CBSSports.com. The deal also includes $1.5MM in incentives. (Twitter links.)
4:08pm: The Mets announced (on Twitter) that they have signed right-hander Kyle Farnsworth to a minor league deal with an invite to Spring Training. The veteran closer/setup man is a client of Meister Sports Management.
Farnsworth, who will turn 38 in April, spent last season with the Rays and Pirates, posting a combined 4.70 ERA with 6.6 K/9, 2.3 BB/9 and a 45.5 percent ground-ball rate. ERA estimators such as FIP (4.14), xFIP (3.73) and SIERA (3.64) all feel that Farnsworth was better than the 4.70 mark indicates, but his lowest K/9 rate since his rookie season in 1999 and a career-low average fastball velocity (92.6 mph) likely were still cause for some concern among interested parties.
Since a surprising elite season as the Rays' closer in 2011, Farnsworth has a 4.41 ERA in 65 1/3 innings. A move to the National League could help his cause, though his 1.04 ERA in 8 2/3 innings with the Pirates last season is too small a sample from which to draw any meaningful conclusion. The Mets have been said to be pursuing a low-cost veteran arm for their bullpen, and Farnsworth certainly fits the bill.
Edward Creech contributed to this post.
]]>Farnsworth posted a 5.76 ERA with 5.8 K/9, 2.1 BB/9 and a 45 percent ground-ball rate in 29 2/3 innings for Tampa Bay this season — his third year with the club. He served as the Rays' closer in 2011, saving 25 games with a 2.18 ERA over the course of 57 2/3 innings. He's lost some life on his fastball in the past two seasons but still averages a healthy 92.5 mph on the pitch. Farnsworth is represented by Meister Sports Management.
]]>FRIDAY: The Rays have designated right-hander Kyle Farnsworth for assignment, according to Marc Topkin of the Tampa Bay Times (on Twitter). Josh Lueke will be recalled from Triple-A Durham to take his place on the roster.
Farnsworth, 37, served as the Rays' closer back in the 2011 season and posted a masterful 2.18 ERA with 25 saves, but it's been downhill since then. He posted a 4.00 ERA last season and has pitched to a 5.76 ERA with 5.8 K/9 and 2.1 BB/9 in 29 2/3 innings this season. His fastball is averaging a career-worst 92.5 mph. Farnsworth signed a one-year, $1.25MM contract with the Rays back in February.
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