Martin Perez

Twins Sign Martin Perez

By Ty Bradley and Steve Adams | January 30, 2019 at 8:07pm CDT

8:07pm: The Associated Press reports that Perez’s contract has a $7.5MM option for a second season that comes with a $500K buyout, bringing his actual guarantee to $4MM.

Furthermore, MLBTR has learned that Perez will earn an additional $100K for reaching each of 135, 145, 155, 165 and 175 innings pitched. His option value would rise to $8MM if he reaches 170 innings and to $8.5MM upon reaching 180 innings.

Jan. 30, 5:34pm: The Twins have announced the signing.

Jan. 19, 5:04pm: Perez’s deal is worth approximately $3.5MM, Jon Heyman of MLB Network tweets.

3:01pm: Per The Athletic’s Ken Rosenthal, the Twins have agreed to a one-year deal with free agent lefty Martin Perez. The deal reportedly includes a club option for 2020.

Perez, 27, appeared in parts of seven seasons with the Rangers, posting a career 4.63 ERA/4.44 FIP/4.51 xFIP in 761 1/3 IP. A once-prized farmhand under the guiding hand of former Rangers assistant GM (and current Twins GM) Thad Levine, Perez dealt with an assortment of injuries during his tenure with the club, and never quite fulfilled the tantalizing bat-missing potential he displayed in the minors. Perez’s 5.46 K/9 ranks as one of the league’s lowest during that span, and it isn’t much offset by a career 3.19 BB/9, which swelled to 3.80 in 2018.

Perez, though, has long hung his hat on his knack for inducing the ground ball. Indeed, his 50.9% career grounder rate places 12th among all starters with at least 700 IP from 2012-18, aided in large part by a heavy sinker that hasn’t much slowed down despite recent-season struggles. His worm-burning tendencies, too, have helped him keep the ball in play – a 0.96 career HR/9 (even with last season’s 1.69 homer-per-nine anomaly) ranks, when adjusting for the homer-happy confines of Arlington’s Globe Life Park, as one of the league’s best of the decade, and should play very well within a park around which the club has a tailored a lineup rife with right-handed power.

2018 was an awful one for Perez, as the lefty posted career worsts in walk rate, HR/9, ERA (6.22) and FIP (5.72). He was demoted to the bullpen in late summer, where he still struggled with command, eventually making his $7.5MM option a foregone rejection. Both Steamer and ZiPS though, remain mostly on board, with the former projecting a 4.48 FIP and the latter a 4.51, each of which rated around league-average in the decidedly hitter-friendly environs of Texas.

Perez will join a rotation that includes Jose Berrios, Kyle Gibson, Jake Odorizzi, and the rehabbing Michael Pineda, and figures to have inside track for the rotation’s fifth and final spot at current. Lefties Stephen Gonsalves and Adalberto Mejia will contend, and the club could also look to Zack Littell, Kohl Stewart, or Fernando Romero, should injuries surface.

Rosenthal’s Latest: Santana, Marlins, Happ, Gray, Reds, Perez, Boras

By Mark Polishuk | January 20, 2019 at 11:06pm CDT

Carlos Santana in a Marlins uniform? Surprising at it may seem, The Athletic’s Ken Rosenthal (subscription required) reports that Miami was in talks with the Mariners about the veteran first baseman before Seattle flipped Santana to the Indians as part of a three-team deal with the Rays. It’s been a quiet offseason for the Marlins as they continue their rebuild and weigh J.T. Realmuto trade offers, though since their past fire-sale moves have cleared a lot of future payroll space, there have been indications that the Fish could use this room to potentially to add future trade chips. The Marlins had interest in free agent D.J. LeMahieu, and Santana is owed $35MM over the next two seasons.

Between the Marlins’ flexibility and Mariners GM Jerry Dipoto’s creativity in swinging deals, any number of scenarios could have been floated. The most obvious offer could have been a “buying a prospect” type of trade, where the Marlins absorb a big chunk of Santana’s salary if the Mariners added some minor leaguers along in the deal. If not a prospect, perhaps the M’s could have included a Major League player along with Santana in a package to Miami, potentially a needed reliever or a left-handed bat. Whatever was discussed, Seattle ended up preferring the return from the three-team deal (a Competitive Balance Round draft pick and $10MM in salary relief), though the Marlins are certainly emerging as a possible trade partner for teams trying to unload an ill-fitting contract.

Here’s more from Rosenthal’s latest set of notes from around baseball…

The Reds were willing to offer J.A. Happ a three-year contract and give him more in guaranteed money than the $34MM he received from the Yankees in a two-year deal (with a $17MM vesting option for 2021). New York’s offer, however, included a higher average annual value than Cincinnati’s offer. Rosenthal speculates that Happ could have based on his decision on a desire to return to a contender, or perhaps the fact that pitchers are generally wary of the hitter-friendly Great American Ballpark.
The Happ situation could be a reason the Reds are looking to work out an extension with Sonny Gray before acquiring him from the Yankees, a tactic that Rosenthal says has surprised some rival agents and executives. While Gray’s success outside of Yankee Stadium has made him a popular bounce-back candidate on another team, Rosenthal wonders if the right-hander might want to lock in a multi-year payday now in the wake of his 2018 struggles. Gray might welcome a chance to avoid a free agent market that has become less friendly to veterans, and Cincinnati offers him a familiar face in pitching coach Derek Johnson (Gray’s former coach at Vanderbilt).
Rosenthal’s piece also offers a broader overview of the Reds’ offseason, which has seen the club try to make significant upgrades even while still looking like postseason longshots in the competitive NL Central. Cincinnati has been willing to trade some second-tier prospects to add established Major League players, while resisting moving any of its top minor league talents (such as Nick Senzel or Taylor Trammell).
The Astros and Mariners both had interest in left-hander Martin Perez before Perez agreed to join the Twins yesterday. Perez picked Minnesota since he wanted to be a starting pitcher next season, which likely gave the Twins the edge over the Mets, though the other suitors might have had more room in their rotation. The Astros are thin on pitching, though since Houston plans to contend next season, it might have been a taller order to assign a starting spot to a pitcher who struggled as Perez did in 2018. The Mariners have a full rotation plus Justus Sheffield waiting in the wings at Triple-A, though more room could have made for Perez — Felix Hernandez’s health and future as a starting pitcher is questionable, and Mike Leake has been the subject of trade rumors this winter.
Scott Boras has been vocal about what he sees as a lack of competitiveness around baseball, and has made several suggestions (though not yet officially to the league or players’ union) about ways to better motivate teams to win games — and, of course, have more incentive to spend money on Boras clients in free agency. The list includes such concepts as extra playoff teams, cash bonuses to teams that reach the postseason, and draft pick compensation for teams that sign a veteran free agent or win a draft lottery for passing various wins thresholds. Boras also proposes an anti-tanking rule that would prevent teams from receiving a top-five draft pick if they win 68 or fewer games. “Our system is like a restaurant saying, ’If I can’t be an elite, fine-dining restaurant, I am no longer going to make a good hamburger. I’m just going to give poor meat to my clientele,’ ” Boras said. “Which results in fewer patrons, a downturn in (overall major-league) attendance three years running.”

East Notes: Rays, LeMahieu, Realmuto, Braves, Mets

By Connor Byrne | January 19, 2019 at 9:42pm CDT

Count the Rays among the teams that chased second baseman DJ LeMahieu during his trip to the open market, according to Marc Topkin of the Tampa Bay Times. Before LeMahieu joined the division-rival Yankees on a two-year, $24MM guarantee, Tampa Bay was “very much in on” him, Topkin writes. Now, with spring training approaching, it’s possible the Rays’ roster may be set, suggests Topkin, who runs down the team’s options at each position. However, Topkin still doesn’t rule out further moves, including a trade for Marlins catcher J.T. Realmuto, who has garnered serious interest this month from the Rays and several other teams.

Pitching Rumors: BoSox, Ottavino, Giants, Kikuchi, Rangers

By Connor Byrne | December 10, 2018 at 1:09am CDT

It’s “believed” that free-agent reliever Adam Ottavino is near the top of Boston’s bullpen wish list, Jon Heyman of Fancred tweets. The same is true of the previously reported David Robertson, per Heyman. With closer Craig Kimbrel and setup man Joe Kelly as their best remaining free agents, it’s no surprise that the world champion Red Sox are exploring the top of the market for bullpen help. Those two led full-time Red Sox relievers in innings pitched last season, and Kimbrel was particularly effective. The 33-year-old Ottavino may have been even better, though, as the former Rockie was among the game’s elite relievers in 2018 despite having to pitch his home games at the hitter-friendly Coors Field. Ottavino placed fourth among relievers in average exit velocity against (84.9 mph), sixth in fWAR (2.0), 11th in K/9 (12.98, against 4.17 BB/9), 13th in innings (77 2/3) and 17th in ERA (2.43), putting himself in position to score a lucrative contract in free agency.

Rangers Decline Club Options Over Chirinos, Fister, Moore, Perez

By Jeff Todd | November 2, 2018 at 3:05pm CDT

The Rangers have declined club options over catcher Robinson Chirinos and pitchers Doug Fister, Matt Moore, and Martin Perez. That’s a surprising move on the veteran backstop, though all three hurlers seemed destined to be sent onto the open market.

The Texas organization has also announced a long list of players who were outrighted from the 40-man roster. Austin Bibens-Dirkx, Clayton Blackburn, Brandon Mann, Carlos Perez, and Ryan Rua are all weighing outright assignments after seemingly clearing waivers.

Chirinos, 34, had seemed a fairly easy choice to remain behind the dish in Texas. His option had risen in value to $4.5MM due to plate-appearance escalators, Joel Sherman of the New York Post notes on Twitter, but the team will pay him $1MM just to walk away.

While Chirinos is not noted for his skill behind the dish — in particular, he slipped to dreadful framing ratings in 2018 — he’s a highly respected player. And he also has consistently delivered much more offensive than the average catcher, with a .233/.324/.438 career slash and 35 home runs over the 735 plate appearances he has accrued since the start of 2017.

All three pitchers will be looking for bounceback opportunities after forgettable seasons. Fister will receive a $500K buyout; his option was priced at $4.5MM. The Moore deal included a $750K buyout, which he’ll take home in lieu of a $10MM payday. Perez, meanwhile, gets $1MM in total buyouts as the club passes on its chance to keep him in 2019 ($7.5MM) and 2020 ($9MM).

Latest On Rangers’ Offseason Pitching Plans

By Steve Adams and Jeff Todd | September 13, 2018 at 5:02pm CDT

With the Rangers currently thin on internal options for the 2019 rotation, the team will likely be active in free agency this offseason, Jeff Wilson of the Fort Worth Star-Telegram reports. General manager Jon Daniels tells Wilson that the “concept of layering in a quality free agent addition, that’s appealing.”

That said, as Wilson notes, the team isn’t likely to pursue top-of-the-market options like Dallas Keuchel and Patrick Corbin. Rather, a less substantial investment — something along the lines of last winter’s Mike Minor signing (three years, $28MM), perhaps — could be in the cards.

Of course, that assumes not only that the Rangers will be able to offer enough money, but also that they’ll be able to woo an appealing hurler to join a roster that likely won’t be expected to contend immediately. Of course, the very same uncertainties also make the Texas club “a pretty attractive destination” for pitchers who are “willing to compete for innings in Spring Training,” as Daniels put it.

Even if the Rangers end up making a reasonably splashy acquisition, they’ll surely be looking for other arms to battle it out in camp. After all, there are slim pickings on hand.

Beyond Minor, Adrian Sampson, Yohander Mendez, Ariel Jurado and Eddie Butler all possibilities in 2019. Edinson Volquez, too, could be in the mix at some point as he works his way back from Tommy John surgery. Wilson notes that Yovani Gallardo would like to return to Texas as well, while the door also seems open for Martin Perez to come back even if his option is declined (as probably ought to be expected).

While it’s true, then, that there are possibilities on hand, that group of hurlers is not exactly overflowing with MLB accomplishment and promise as compared with most staffs around baseball. Neither would the above-suggested reunions clearly move the needle. Given Gallardo’s extraordinary decline and poor results in 2018, for instance, a minor-league deal seems appropriate. It’s also questionable whether Perez is worthy of an MLB pact, though he has youth on his side and has been useful at times in the past.

Clearly, then, Daniels is to be taken at his words regarding the clear-cut openings in the rotation. The situation could very well hold appeal to starters who know they’ll need to win jobs on non-guaranteed pacts in Spring Training.

The veteran executive notes, too, that the organization is open to being “a little less traditional” in how it structures its staff, perhaps opening the door to some creative options in structuring a staff. Bold thinking may well be necessary; barring some unexpectedly consequential acquisitions via trade and/or free agency, after all, the expectations will likely not be terribly lofty for the Rangers’ 2019 rotation.

Rangers Move Martin Perez To Bullpen

By Steve Adams | August 29, 2018 at 10:57pm CDT

The Rangers have moved left-hander Martin Perez to the bullpen for the remainder of the season and have informed his camp that the team is not currently planning on picking up his $7.5MM club option for the 2019 season (Twitter links via Evan Grant of the Dallas Morning News). MLB.com’s T.R. Sullivan quotes Texas GM Jon Daniels on the matter (Twitter link):

“We told Martin that if the decision had to be made today, we probably wouldn’t exercise the option. It’s possible we could still work something out for him to continue his career here. We want to take this time to evaluate him in a bullpen role.”

It’s not hard to see why the Rangers are strongly leaning toward paying Perez a $750K buyout, as the lefty has been rocked for a 6.95 ERA in 68 2/3 innings this season. The 27-year-old also missed a significant portion of the season while recovering from surgery on his right (non-throwing) elbow that he underwent this past offseason.

Perez does have somewhat of a track record in Texas, having pitched to a 4.37 ERA over the life of 638 innings from 2013-17. But while Perez was a source of serviceable innings prior to the 2018 season while earning a relatively modest $16.8MM during his current contract, he’s also never lived up to the fanfare that led to him widely being considered a top 50 (and, at one point, top 20) prospect in the game.

Perez has made just six relief appearances in his career — all coming back when he was a rookie in 2012. It seems unlikely that a month of relief work, no matter how encouraging, would convince the Rangers to pay that fairly hefty sum. Perhaps, however, an encouraging performance could lead the two sides to hammer out a new contractual arrangement that would give Perez the chance to remain in the organization at a lower rate. If not, he’ll reach free agency for the first time this winter, albeit on the heels of the worst season of his seven-year career in the Majors.

Quick Hits: Donaldson, Holliday, Rangers, Perez, Cubs, Hamels

By Connor Byrne | August 25, 2018 at 10:25pm CDT

Injured Blue Jays third baseman Josh Donaldson will be eligible to go on August trade waivers if he embarks on a rehab assignment, but “it appears unlikely” that’s going to happen, Ben Nicholson-Smith of Sportsnet tweets. Donaldson has been out since the end of May with a calf strain, which has stopped the out-of-contention Blue Jays from dealing him as he closes in on free agency. If Toronto’s unable to trade Donaldson this month, it’ll have to keep him through season’s end and then decide before the market opens whether to issue the soon-to-be 33-year-old a qualifying offer (worth $17.4MM last winter). Donaldson was among the majors’ best players as recently as last year, which suggests the Blue Jays will tender him a QO, though multiple DL stints this season have limited him to 36 games and an unspectacular .234/.333/.423 line in 159 plate appearances.

Rangers Notes: Trade Chips, Needs, Beltre, Perez

By Jeff Todd | July 18, 2018 at 4:45pm CDT

As Evan Grant of the Dallas Morning News explores, a rough first half of the season for the Rangers was not without its implications for the future. Unfortunately, for every positive turn (the recent improvements of Rougned Odor, say), there has been a less-encouraging development (Joey Gallo’s fall-off, for instance). Most disappointing of all, perhaps, is the fact that the club likely won’t be able to reap much of a return for its veteran assets at the deadline. As Grant notes, key potential chips like Cole Hamels and Adrian Beltre really aren’t performing as might have been hoped, while many of the team’s pending free agents haven’t really played their way into useful trade assets.

Here’s more out of Arlington …

MLB.com’s T.R. Sullivan writes that the Texas organization will be doing everything it can to acquire young, upper-level starting pitching at the deadline. Given the less-than-ideal crop of trade pieces, though, that seems like a tall order unless the team is willing to part with controllable talent. Closer Keone Kela is perhaps the team’s best reasonably available trade chip; he’s turning in quality work from the closer’s role and comes with three more seasons of control. Even if he’s made available, though, prying loose top-end young rotation pieces promises to be challenging.
Meanwhile, GM Jon Daniels discussed his team’s situation heading out of the All-Star break with Jeff Wilson of the Fort Worth Star-Telegram. There aren’t any truly untouchable players, Daniels said, though unsurprisingly he also noted that certain players “are a lot less likely to be talked about than others.” One name that figures to come up, of course, is Beltre. While Daniels indicated that he’s willing to listen to expressions of interest, he said the team will “have to be motivated to even have the conversation” due to the fact that Beltre’s “value to the organization is above how you typically view it.” This special situation — Daniels said the team views Beltre “as separate than most typical trade conversations,” and the vet has no-trade rights — will be interesting to watch. The future Hall-of-Famer certainly hasn’t been at his best in 2018, and isn’t cheap or youthful, but he will likely be in at least some demand given his lengthy track record and impeccable reputation.
Daniels also addressed a few other matters, though of course you’ll need to read the entire piece to get the full scope. He cited a few younger players that have impressed in certain regards, including center fielder Delino DeShields, utilityman Isiah Kiner-Falefa, and first baseman Ronald Guzman. None of those players has really established himself as a future regular, though all seem to have places on the MLB roster moving forward. Daniels also suggested the team will be watching closely in the second half to decide whether to pick up its second-to-last option over southpaw Martin Perez, who’ll either be paid $7.5MM or cut loose with a $1MM parting gift. Perez turned in five middling starts before hitting the DL, but did show much better form in his first outing back just before the All-Star break.

Rangers Activate Martin Perez, Release Austin Jackson

By Connor Byrne | July 14, 2018 at 2:32pm CDT

The Rangers announced that they’ve activated left-hander Martin Perez from the 60-day DL and released outfielder Austin Jackson. Additionally, they placed reliever Alex Claudio on the 10-day DL because of a left ankle sprain.

Perez will start against the Orioles on Saturday, which will be his first major league outing since April 29. The 27-year-old missed nearly three months with right (non-throwing) elbow problems. Prior to that, Perez got off to a terrible start with a 9.67 ERA, 5.24 K/9 and 4.84 BB/9 in 22 1/3 innings.

This disastrous season aside, Perez has been passable since debuting in 2012, evidenced by a 4.60 ERA/4.40 FIP across 698 1/3 career innings. He also tossed at least 185 frames in each of the previous two seasons. Given Texas’ need for starters, Perez’s track record could influence the team to pick up his $7.5MM option for 2019 when the offseason rolls around. Otherwise, it could try to trade Perez or buy him out for $750K.

As for Jackson, his release comes three days after the Rangers designated him for assignment and ends a very short tenure with the organization for the native Texan. In a trade with San Francisco last weekend, the Rangers agreed to take on Jackson (and his $3MM annual salary through next season) to help clear payroll for the Giants and acquire pitching prospect Jason Bahr.

The Rangers never had any intention of using Jackson, who hit just .242/.309/.295 in 165 plate appearances as a Giant, and weren’t able to flip him elsewhere. Now, thanks to his woeful season thus far, the 31-year-old Jackson may either have to take a minor league deal (if a team offers one) or sit out the rest of 2018.

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