M’s Re-Sign Iwakuma
As expected, the Mariners have re-signed Hisashi Iwakuma to a two year deal with an option for a third year. Financial details aren’t out yet, but it’s not going to be a ton of money. He wanted to stay, he knew Safeco helped him out last year, and the free agent market isn’t super kind to starters with a history of shoulder problems who gave up a lot of homers while pitching in a homer suppressing park. Expect somewhere between $6-$8 million per year.
That knocks one rotation spot off the list, and leaves the team with just one starting spot left behind Felix, Iwakuma, Vargas, and Ramirez. I wouldn’t be surprised if they brought in another starter to replace Millwood/Beavan, but don’t expect it to be a big ticket guy. Most of the spending this winter — after this move, anyway — is going to be on the offense.
Update: Jon Heyman has the financials – $14 million guaranteed, with annual salaries of $6.5 million in 2013/2014, then a 2015 option for $7 million with a $1 million buyout. So it’s either 2/14 or 3/20. Basically, right in line with what we expected.