Marlon Byrd, a 36-year-old outfielder who was suspended from Major League Baseball in 2012 for performance-enhancing drug use, signed a two-year, $16 million contract with the Philadelphia Phillies.
Tim Hudson, a 38-year-old starting pitcher who suffered a particularly nasty broken ankle in July, signed a two-year, $23 million contract with the San Francisco Giants.
The prices of free agents this offseason are soaring, which could prevent big-name additions from coming to Cleveland this winter.
General Manager Chris Antonetti made headlines last offseason by signing Nick Swisher, Michael Bourn, Mark Reynolds and Brett Myers to a combined $117 million in guaranteed money. Those signings had their ups and downs — Reynolds and Myers were both cut midseason — but the newfound spending keyed a 24-win turnaround that propelled Cleveland into the playoffs.
Reynolds and Myers both signed one-year contracts, meaning they are not counting against the 2014 payroll. Swisher and Bourn, however, have salaries that rise for the upcoming season. Bourn’s contract is jumping from $7 million to $13.5 million this year, and Swisher’s is going from $11 million to $15 million. That $10.5 million difference, along with significant raises in arbitration for players like Justin Masterson, will take up most of Cleveland’s payroll. Read More…
From Daily Kent Stater, November 20, 2013