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Dylan Bundy SP | NYM
Twins' Dylan Bundy: Signs with Twins
Bundy (shoulder) signed a one-year deal with the Twins on Wednesday that includes a club option for a second year, Dan Hayes of The Athletic reports.
Bundy finished last season on the 60-day injured list with a shoulder strain. He had a 6.06 ERA and 1.36 WHIP in 90.2 innings prior to suffering the injury. Bundy had the best season of his career in 2020, when he logged a 3.29 ERA, 1.04 WHIP and 72 strikeouts in 65.2 innings. The former top prospect will make $4 million in 2022 with a $1 million buyout on an $11 million club option in 2023, so it's $5 million guaranteed, per Jon Heyman of MLB Network.
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James Paxton SP | BOS
Red Sox's James Paxton: Joins Boston on one-year pact
Paxton (forearm) agreed to a one-year, $10 million contract with the Red Sox on Tuesday, Jeff Passan of ESPN.com reports. The deal includes a two-year team option for 2023 and 2024.
Paxton pitched 1.1 innings for Seattle in 2021 before requiring Tommy John surgery in April, but he's been throwing from beyond 60 feet since September and appears to be making good progress in his recovery. The 33-year-old should be ready to pitch for Boston sometime in June or July, and the team is likely to pick up the two-year option if he performs well in 2022.
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Alex Cobb SP | DET
Giants' Alex Cobb: Reaches deal with Giants
Cobb agreed to a two-year, $20 million contract with the Giants on Tuesday, Alex Pavlovic of NBC Sports Bay Area reports.
According to Kerry Crowley of The San Jose Mercury News, the deal includes a $10 million team option for 2024 with a $2 million buyout. Cobb spent 2021 with the Angels and was limited to 18 starts by a wrist injury, but he was effective when healthy with a 3.76 ERA, 1.26 WHIP and 98:33 K:BB in 93.1 innings. He should slot into the middle of San Francisco's starting rotation in 2022.
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Domingo German SP | PIT
Yankees' Domingo German: Reaches deal with Yankees
German agreed to a one-year, $1.75 million contract with the Yankees on Tuesday to avoid arbitration, Mark Feinsand of MLB.com reports.
German ended up starting in 18 of 22 appearances for New York last season, and he posted a 4.58 ERA, 1.18 WHIP and 98:27 K:BB across 98.1 innings. He'll be in the mix for a rotation spot again during spring training.
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Matthew Boyd SP | CHC
Matthew Boyd: Let go by Detroit
Boyd (elbow) was non-tendered by the Tigers on Tuesday.
Boyd underwent flexor tendon surgery in late September and was likely to be unavailable for the start of the 2022 campaign, and Detroit opted not to tender him a contract. The 30-year-old lefty pitched well when healthy last season with a 3.89 ERA, 1.27 WHIP and 67:23 K:BB over 78.2 innings (15 starts). He'll now need to contend with free agency in addition to his rehab program.
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Joey Lucchesi RP | LAA
Mets' Joey Lucchesi: Resumes throwing
Lucchesi (elbow) threw Tuesday for the first time since undergoing Tommy John surgery back in June, Tim Healey of Newsday reports.
The timing of Lucchesi's surgery means he's likely to miss most of the 2022 season, but he should still be able to pitch before the end of the year if all goes well. It's a good sign to see that he's already throwing, but he still has many hurdles to clear before he's ready for game action.
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Robbie Ray SP | SD
Mariners' Robbie Ray: Headed to Seattle
Ray signed a five-year, $115 million contract with the Mariners on Monday, Jeff Passan of ESPN.com reports.
Ray won the 2021 AL Cy Young Award after he posted a 2.84 ERA and 1.04 WHIP in 193.1 innings across 32 starts during his first full season with the Blue Jays. The 30-year-old will now be rewarded with a long-term deal that includes an opt-out clause following the 2024 season.
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Jerad Eickhoff SP | PIT
Pirates' Jerad Eickhoff: Joins Pirates
Eickhoff signed a minor-league deal with the Pirates on Monday, Robert Murray of FanSided.com reports.
Eickhoff was a perfectly competent starter in the first three years of his career, posting a 3.87 ERA over 65 starts from 2015 through 2017. He missed most of 2018 with injuries and hasn't pitched at anything close to that level since then, struggling to a 6.48 ERA across 83.1 innings over the last four seasons. If he spends a meaningful portion of the season in the Pirates' rotation it should be considered a pleasant surprise.
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Michael Lorenzen RP | TOR
Angels' Michael Lorenzen: Inks deal with Angels
Lorenzen signed a one-year, $7 million contract with the Angels on Sunday, Robert Murray of FanSided.com reports.
Lorenzen pitched exclusively for the Reds across his first seven seasons in the majors, but he'll now join the Angels on a short-term deal. The 29-year-old converted all four of his save chances and posted a 5.59 ERA and 1.38 WHIP in 29 innings across 27 appearances in 2021. The right-hander will likely be in the mix for a high-leverage role with the Angels in 2022.
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Jon Gray SP | TEX
Rangers' Jon Gray: Headed to Rangers
Gray signed a four-year, $56 million contract with the Rangers on Sunday, Robert Murray of FanSided.com reports.
Gray didn't receive a qualifying offer from the Rockies earlier in the offseason, so the Rangers won't be forced to give up a draft pick after signing the right-hander. The 30-year-old made 29 starts for Colorado during the 2021 campaign and logged a 4.59 ERA and 1.33 WHIP in 149 innings. Gray will no longer have to pitch his home games in the altitude at Coors Field after spending his first seven major-league seasons in Colorado, and he'll have a prominent role in the Rangers' rotation in 2022.