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Sun Dec 22 201900:16AP source: White Sox, Keuchel agree to $55.5M, 3-year deal
The Chicago White Sox and left-hander Dallas Keuchel have agreed to a $55.5 million, three-year deal, a person familiar with the negotiations told The Associated Press.The person spoke on condition of anonymity Saturday night because the agreement had not been announced. Keuchel's deal includes a vesting option for 2023 that would bring the total value to $74 million.The 31-year-old Keuchel won the AL Cy Young Award with the Houston Astros in 2015 but struggled to find work last offseason as a free agent. He signed a roughly $13 million, one-year deal with the Atlanta Braves in June and went 8-8 with a 3.75 ERA for the NL East champions. The long-bearded veteran joins catcher Yasmani Grandal as a big-money addition to the White Sox this offseason. Grandal signed a $73 million, four-year contract with Chicago last month. The White Sox also brought back slugger Jose Abreu on a $50 million, three-year deal, acquired outfielder Nomar Mazara from the Texas Rangers and added lefty starter Gio... [More]
Sat Dec 21 201921:26AP source: White Sox, LHP Keuchel agree to $55M, 3-year deal
The Chicago White Sox and left-hander Dallas Keuchel have agreed to a $55 million, three-year deal, a person familiar with the negotiations told The Associated Press.The person spoke on condition of anonymity Saturday night because the agreement had not been announced. Keuchel's deal includes a vesting option for 2023 that would bring the total value to $74 million.The 31-year-old Keuchel won the AL Cy Young Award with the Houston Astros in 2015 but struggled to find work last offseason as a free agent. He signed a roughly $13 million, one-year deal with the Atlanta Braves in June and went 8-8 with a 3.75 ERA for the NL East champions. The long-bearded veteran joins catcher Yasmani Grandal as a big-money addition to the White Sox this offseason. Grandal signed a $73 million, four-year contract with Chicago last month. The White Sox also brought back slugger Jose Abreu on a $50 million, three-year deal, acquired outfielder Nomar Mazara from the Texas Rangers and added lefty starter Gio Gonzalez... [More]
Sat Dec 21 201920:56AP source: White Sox, LHP Keuchel agree to $55M, 3-year deal
The Chicago White Sox and left-hander Dallas Keuchel have agreed to a $55 million, three-year deal, a person familiar with the negotiations told The Associated Press.The person spoke on condition of anonymity Saturday night because the agreement had not been announced. The 31-year-old Keuchel won the AL Cy Young Award with the Houston Astros in 2015 but struggled to find work last offseason as a free agent. He signed a roughly $13 million, one-year deal with the Atlanta Braves in June and went 8-8 with a 3.75 ERA for the NL East champions. Keuchel joins catcher Yasmani Grandal as a big-money addition to the White Sox this offseason. Grandal signed a $73 million, four-year contract with Chicago last month. Keuchel's deal includes a vesting option for 2023 that would bring the total value to $74 million.Agent Scott Boras negotiated the deal for Keuchel and has earned his players $936 million in contracts this offseason, including a $324 million, nine-year deal between Gerrit Cole and the New York Yankees and $245 million, seven-year deals for Stephen Strasburg with the Washington Nationals and Anthony Rendon with the Los Angeles Angels. Boras is expected to clear the $1 billion mark this winter.___AP Sports Writer Jake Seiner contributed to this report. ___More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Fri Dec 20 201919:06Average MLB salary drops for 2nd straight year
NEW YORK (AP) — The average salary in the major leagues has dropped in consecutive years for the first time since the players' association started keeping records more than a half-century ago.The 988 players on Aug. 31 rosters and injured lists averaged $4,051,490, the union said Friday, down 1.1% from $4,095,686 last year. The average peaked at $4,097,122 in 2017.This was just the fifth decline since records started in 1967, when the average was $19,000. There also were drops in 1987, when clubs were found guilty of collusion; in 1995, after the end of a 7 1/2-month strike; and in 2004.This year's drop followed two slow free-agent markets and new contracts with large signing bonuses for Mike Trout, Alex Bregman, Manny Machado and A.J. Pollock. Those four players received $62 million in signing bonuses during 2019 that are prorated over the length of each contract in the calculation of the average. If the entire amounts had been counted for 2019. the average would have been about $54,000... [More]
Fri Dec 20 201917:56Average MLB salary drops for 2nd straight year
NEW YORK (AP) — The average salary in the major leagues has dropped in consecutive years for the first time since the players' association started keeping records more than a half-century ago.The 988 players on Aug. 31 rosters and injured lists averaged $4,051,490, the union said Friday, down 1.1% from $4,095,686 last year. The average peaked at $4,097,122 in 2017.This was just the fifth decline since records started in 1967, when the average was $19,000. There also were drops in 1987, when clubs were found guilty of collusion; in 1995, after the end of a 7 1/2-month strike; and in 2004.This year's drop followed two slow free-agent markets and new contracts with large signing bonuses for Mike Trout, Alex Bregman, Manny Machado and A.J. Pollock. Those four players received $62 million in signing bonuses during in 2019 that are prorated over the length of each contract in the calculation of the average. If the entire amounts had been counted for 2019. the average would have been about $54,000... [More]
Fri Dec 20 201917:16Average MLB salary drops for 2nd straight year
NEW YORK (AP) — The average salary in the major leagues has dropped in consecutive years for the first time since the players' association started keeping records more than a half-century ago.The 988 players on Aug. 31 rosters and injured lists averaged $4,051,490, the union said Friday, down 1.1% from $4,095,686 last year. The average peaked at $4,097,122 in 2017.This was just the fifth decline since records started in 1967, when the average was $19,000. There also were drops in 1987, when clubs were found guilty of collusion; in 1995, after the end of a 7 1/2-month strike; and in 2004.This year's drop followed two slow free-agent markets and new contracts with large signing bonuses for Mike Trout, Alex Bregman, Jacob deGrom, Paul Goldschmidt, Manny Machado and A.J. Pollock. Their bonuses, even if received in 2019, are prorated over the length of each contract.Those stars all receive huge increases for 2020, and Gerrit Cole, Stephen Strasburg and Anthony Rendon agreed to $200 million-plus contracts last week.___ More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Thu Dec 19 201917:20AP Source: Teheran, Angels agree to $9 million, 1-year deal
ANAHEIM, Calif. (AP) — The Los Angeles Angels added another arm to their rotation, agreeing to a $9 million, one-year contract with right-hander Julio Teheran, a person familiar with the negotiations told The Associated Press .The person spoke Thursday on condition of anonymity because the deal, first reported by ESPN, is subject to a successful physical. Teheran spent the past seven seasons with the Atlanta Braves, who declined his $12 million option. He was 10-11 with a 3.81 ERA last season and was left off the Division Series roster against St. Louis, then added as a replacement when Chris Martin got hurtThe 28-year old Teheran is 77-73 with a 3.67 ERA in 229 games, all but three starts.The Angels had the second-highest ERA in the major leagues last season at 5.64 ERA and have made pitching a major priority during the offseason. They tried to sign Gerrit Cole before he acceoted a $324 million, nine-year deal with the New York Yankees and have turned their attention toward Dallas Keuchel and Hyun-Jin Ryu. They also acquired Dylan Bundy in a trade with Baltimore.In addition to Teheran and Bundy, Los Angeles has Andrew Heaney, Shohei Ohtani and Griffin Canning in its projected rotation.———More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Thu Dec 19 201916:50AP Source: Teheran, Angels agree to $9 million, 1-year deal
ANAHEIM, Calif. (AP) — The Los Angeles Angels added another arm to their rotation, agreeing to a $9 million, one-year contract with right-hander Julio Teheran, a person familiar with the negotiations told The Associated Press .The person spoke Thursday on condition of anonymity because the deal, first reported by ESPN, is subject to a successful physical. Teheran spent the past seven seasons with the Atlanta Braves, who declined his $12 million option. He was 10-11 with a 3.81 ERA last season and was left off the Division Series roster against St. Louis, then added as a replacement when Chris Martin got hurtThe 28-year old Teheran is 77-73 with a 3.67 ERA in 229 games, all but three starts.The Angels had the second-highest ERA in the major leagues last season at 5.64 ERA and have made pitching a major priority during the offseason. They tried to sign Gerrit Cole before he acceoted a $324 million, nine-year deal with the New York Yankees and have turned their attention toward Dallas Keuchel and Hyun-Jin Ryu. They also acquired Dylan Bundy in a trade with Baltimore.In addition to Teheran and Bundy, Los Angeles has Andrew Heaney, Shohei Ohtani and Griffin Canning in its projected rotation.———More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Wed Dec 18 201921:10Future sign: Cole arrives with old placard of Yankees fealty
NEW YORK (AP) — On his first day in pinstripes, Gerrit Cole admitted to stealing a sign — no, not those signs.Cole affixed his signature to a record $324 million, nine-year contract at 10:45 a.m., walked into a news conference at Yankee Stadium and pulled out the crinkled placard he took to one of New York's World Series games at Arizona in 2001. A newspaper photo from Game 6 or 7 shows the 11-year-old holding the sign reading: “Yankee Fan Today Tomorrow Forever." Cole brought the banner to the Bronx, its letters no longer blue but now tan.“I'd like to start with something that's pretty special to my heart," he said, pulling out the sign in a stroke of showmanship that would have made George Steinbrenner proud. “I'd just like to say, I'm here. I've always been here."Cole held up the sign of fealty with Yankees owner Hal Steinbrenner — George's son — and admitted he didn't make the poster but was gifted it from other fans who had brought it to an earlier Series game. They gave it to him... [More]
Wed Dec 18 201920:50APNewsBreak: Red Sox, Yanks, Cubs sent 2019 luxury tax bills
NEW YORK (AP) — Boston will pay a Red Sox record $13.4 million luxury tax after failing to make the playoffs and the New York Yankees finished with a $6.7 million bill, likely a fraction of what they will pay next year.Three teams owe tax, according to end-of-year figures sent to clubs Wednesday and obtained by The Associated Press. The Chicago Cubs must pay $7.6 million following a season that ended with a September fade and no postseason berth.New York has run up a total of $348 million in tax since the payroll restraint system began in 2003, owing money in each year except 2018. The Los Angeles Dodgers are second at $150 million, followed by the Red Sox at $50 million and the Cubs at $11 million.This year's initial tax threshold was $206 million, counting payrolls by average annual values and including earned bonuses, adjustments for cash transactions, option buyouts and just over $14 million per team in benefits.Among regular payrolls, which include salaries, prorated shares of signing... [More]
Wed Dec 18 201919:40APNewsBreak: Red Sox, Yanks, Cubs sent 2019 luxury tax bills
NEW YORK (AP) — Boston will pay a Red Sox record $13.4 million luxury tax after failing to make the playoffs and the New York Yankees finished with a $6.7 million bill, likely a fraction of what they will pay next year.Three teams owe tax, according to end of year figures sent to clubs on Wednesday and obtained by The Associated Press. The Chicago Cubs must pay $7.6 million following a season that ended with September fade and no postseason berth.New York has run up a total of $348 million in tax since the payroll restraint system began in 2003, owing money in each year except 2018. The Los Angeles Dodgers are second at $150 million, followed by the Red Sox at $50 million and the Cubs at $11 million.This year's initial tax threshold was $206 million, counting payrolls by average annual values and including earned bonuses, adjustments for cash transactions, option buyouts and just over $14 million per team in benefits.Among regular payrolls, which include salaries, prorated shares of signing... [More]
Wed Dec 18 201919:40Boras' billions: baseball agent creates free-agent flurry
NEW YORK (AP) — Scott Boras showed up at the winter meetings with his own press conference backdrop. How appropriate, given his banner offseason.Beloved by his high-profile clients, courted by powerful owners and a polarizing figure for fans, baseball's most famous agent negotiated $814 million of contracts in little over three days last week.All told, he projects his deals will top $1.2 billion and lift his career agreements past $9 billion. In an industry where agent commissions typically are 3 to 5%, that adds up. Not bad for a former Cardinals and Cubs infielder who never made it above Double-A."The greatest joy certainly in my life is when you get to make the phone calls I got to make last week," Boras said. "You've gone on a journey with them that may have taken 10, 11 years for them to reach this point in their lives where they're getting their ultimate reward of what they hoped for when they came into the game. It provides them the opportunity to win, it provides them security for... [More]
Wed Dec 18 201918:20Future sign: Cole arrives with old placard of Yankees fealty
NEW YORK (AP) — On his first day in pinstripes, Gerrit Cole admitted to stealing a sign — no, not those signs.Cole affixed his signature to a record $324 million, nine-year contract at 10:45 a.m., walked into a news conference at Yankee Stadium and pulled out the crinkled placard he took to one of New York's World Series games at Arizona in 2001. A newspaper photo from Game 6 or 7 shows the 11-year-old holding the placard reading: “Yankee Fan Today Tomorrow Forever." Cole brought the banner to the Bronx, its letters no longer blue but now tan.“I'd like to start with something that's pretty special to my heart," he said, pulling out the sign in a stroke of showmanship that would have made George Steinbrenner proud. “I'd just like to say, I'm here. I've always been here."Cole held up the sign of fealty with Yankees owner Hal Steinbrenner — George's son — and admitted he didn't make the poster but was gifted it from other fans who had brought it to an earlier Series game. They gave it to him... [More]
Wed Dec 18 201913:40Cole on $324M, 9-year deal with Yankees: 'It was my dream'
NEW YORK (AP) — Gerrit Cole brought along a sign for the news conference to announce his signing with the New York Yankees: a crinkled poster board that read “Yankee Fan Today Tomorrow Forever."Then 11, Cole was caught on camera holding up that placard in the seats at the 2001 World Series in Phoenix, either before Game 6 or 7. The lettering of the tape he used has faded from blue to tan during years on the wall of his room and then in a closet.Cole spurned the Yankees when they drafted him 28th overall in 2008, choosing to enroll at UCLA. He signed with Pittsburgh three years later after he was selected first overall. Now as a free agent, he finally was fitted for pinstripes, agreeing to a record $324 million, nine-year contract.“It was my dream. I had a second opportunity to chase it," he said.Cole put on a No. 45 jersey, the number that had belonged to first baseman Luke Voit. The 29-year-old right-hander's beard was newly shorn to comply with Yankees team rules.“He cleans up nice, doesn't... [More]
Wed Dec 18 201912:40Cole, Yankees finalize record $324M, 9-year contract
NEW YORK (AP) — Gerrit Cole brought along a sign for the news conference to announce his signing with the New York Yankees: a crinkled poster board that read “Yankee Fan Today Tomorrow Forever."Then 11, Cole was caught on camera holding up that placard in the seats at Game 6 of the 2001 World Series in Phoenix. The lettering of the tape he used has faded from blue to tan during years in a closet.Cole spurned the Yankees when they drafted him 28th overall in 2008, choosing to enroll at UCLA. He signed with Pittsburgh three years later after he was selected first overall. Now as a free agent, he finally was fitted for pinstripes, agreeing to a record $324 million, nine-year contract.“It was my dream. I had a second opportunity to chase it," he said.Cole put on a No. 45 jersey, the number that had belonged to first baseman Luke Voit. The 29-year-old right-hander's beard was newly shorn to comply with Yankees team rules.“He cleans up nice, doesn't he?” Yankees manager Aaron Boone said.Cole... [More]
Wed Dec 18 201911:50Cole, Yankees finalize record $324M, 9-year contract
NEW YORK (AP) — Gerrit Cole brought along a sign for the news conference to announce his signing with the New York Yankees: a crinkled board that read “Yankee Fan Today Tomorrow Forever." Then 11, Cole was caught on camera holding up that message in the seats at Game 6 of the 2001 World Series in Phoenix. The lettering of the tape he used has faded from blue to tan in the years since.He spurned the Yankees when they drafted him 28th overall in 2008, choosing to enroll at UCLA. He signed with Pittsburgh three years later after he was selected first overall. Now as a free agent, he finally was fitted for pinstripes, agreeing to a record $324 million, nine-year contract.“It was my dream. I had a second opportunity to chase it," he said.Cole put on a No. 45 jersey, the number that had belonged to first baseman Luke Voit. The 29-year-old right-hander's beard was newly shorn to comply with Yankees team rules.“He cleans up nice, doesn't he?” Yankees manager Aaron Boone said.Cole had been known... [More]
Wed Dec 18 201911:10Cole, Yankees finalize record $324M, 9-year contract
NEW YORK (AP) — Gerrit Cole and the New York Yankees have finalized a record $324 million, nine-year contract.The 29-year-old right-hander was to be introduced during a news conference at Yankee Stadium, where his face appeared on the large video boards outside the ballpark on Wednesday morning.Cole's deal is the largest for a pitcher in both its total and its average annual value of $36 million.It appears to be the longest contract for a pitcher since Wayne Garland's $2.3 million, 10-year deal with Cleveland before the 1976 season.Cole was 20-5 with an AL-leading 2.50 ERA and a major league-leading 326 strikeouts for Houston last season.To clear a roster spot, the Yankees designated right-hander Chance Adams for assignment.___ More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Wed Dec 18 201903:20Boras' billions: baseball agent creates free-agent flurry
NEW YORK (AP) — Scott Boras showed up at the winter meetings with his own press conference backdrop. How appropriate, given his banner offseason.Beloved by his high-profile clients, courted by powerful owners and a polarizing figure for fans, baseball's most famous agent negotiated $814 million of contracts in little over three days last week.All told, he projects his deals will top $1.2 billion and lift his career agreements past $9 billion. In an industry where agent commissions typically are 3 to 5%, that adds up. Not bad for a former Cardinals and Cubs infielder who never made it above Double-A."The greatest joy certainly in my life is when you get to make the phone calls I got to make last week," Boras said. "You've gone on a journey with them that may have taken 10, 11 years for them to reach this point in their lives where they're getting their ultimate reward of what they hoped for when they came into the game. It provides them the opportunity to win, it provides them security for... [More]
Wed Dec 18 201902:10Boras' billions: baseball agent creates free-agent flurry
NEW YORK (AP) — Scott Boras showed up at the winter meetings with his own press conference backdrop. How appropriate, given his banner offseason.Beloved by his high-profile clients, courted by powerful owners and a polarizing figure for fans, baseball's most famous agent negotiated $814 million of contracts in little over three days last week.All told, he projects his deals will top $1.2 billion and lift his career agreements past $9 billion. In an industry where agent commissions typically are 3 to 5%, that adds up. Not bad for a former Cardinals and Cubs infielder who never made it above Double-A."The greatest joy certainly in my life is when you get to make the phone calls I got to make last week," Boras said. "You've gone on a journey with them that may have taken 10, 11 years for them to reach this point in their lives where they're getting their ultimate reward of what they hoped for when they came into the game. It provides them the opportunity to win, it provides them security for... [More]
Mon Dec 16 201916:16Rick Porcello, Mets finalize $10M, 1-year contract
NEW YORK (AP) — Rick Porcello's $10 million deal with the New York Mets shows the fruits of free agency as much as Gerrit Cole's $324 million contract across town with the Yankees.While Cole set a record, location was among Porcello's primary concerns."I live about an hour away from Citi Field," he said Monday after the Mets announced his contract. "That opportunity of having the hometown comfort, the ability for my father and family and friends to be able to come and see these games in person and be get to experience it a little bit more live, were pretty deciding factors for me." Porcello lives in Morristown, New Jersey, and was at Seton Hall Prep in West Orange when Detroit selected him with the 27th overall pick of the 2007 amateur draft. He was traded to Boston after the 2014 season and was guaranteed $95 million by the Red Sox over the next five seasons. He won the AL Cy Young Award with a 22-4 record in 2016 and was 17-7 in 2018, when he earned a World Series ring.He grew up a Mets... [More]
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