Make us your home page
Instagram

Get the quickest, smartest news, analysis and photos from the Bucs game emailed to you shortly after the final whistle.

(View our Privacy Policy)

Tampa Bay Rays lose closer Rafael Soriano to AL East rival New York Yankees

Former Rays closer Rafael Soriano finally found a new home, agreeing to a three-year, $35 million deal with the Yankees, according to multiple reports Thursday night.

Soriano, who led the American League last season with 45 saves, will serve as baseball's highest-paid setup man for Mariano Rivera for the next two seasons then, presumably, take over as closer. Unable thus far to plug holes in their rotation, the Yankees are instead building a dominating bullpen.

The deal allows Soriano to opt out after each season; he would get $11.5 million if he leaves after one, $21.5 million if he leaves after two.

Soriano, 31, had been seeking a big-dollar deal since hiring Scott Boras as his agent just before the end of the season. He made $7.25 million last season in Tampa Bay.

The Rays will get the Yankees' first-round pick (31st overall) in this year's draft, plus a compensation pick between Rounds 1 and 2. They'll get another compensation pick as reliever Chad Qualls is close to agreeing to a one-year, $2 million contact with the Padres.

Overall, the Rays will have three picks in the first round and nine before the start of the second. They can still get two more picks if Grant Balfour signs elsewhere.

The Rays have lost five members of last season's bullpen, with Joaquin Benoit signing with Detroit, Dan Wheeler with Boston and Randy Choate with Florida.

Also:

• A deal with reliever Kyle Farnsworth appears headed for Saturday conclusion.

• Veteran middle infielder Ray Olmedo agreed to a minor-league deal, according to Baseball America.

• Team executives will be in Houston today for a memorial service for senior VP Gerry Hunsicker's wife, Irene, who died last week.

ROBINSON SCARE: Hall of Famer Frank Robinson, an MLB vice president, was hospitalized briefly due to dizziness and an irregular heartbeat but returned to attend the afternoon session at the owners meetings near Scottsdale, Ariz. Robinson, 75, said he planned to see his doctors in Los Angeles.

ORIOLES: The club finalized a $10 million, two-year deal with reliever Kevin Gregg. The 32-year-old had a 3.51 ERA and 37 saves with the Jays last season.

PADRES: Free agent catcher Gregg Zaun, 40, a former Ray, is close to an agreement.

Information from Times wires was used in this report.

Tampa Bay Rays lose closer Rafael Soriano to AL East rival New York Yankees 01/13/11 [Last modified: Thursday, January 13, 2011 11:31pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Rays blow lead in ninth, lose in 10 to Rangers (w/video)

    The Heater

    ST. PETERSBURG — Rays manager Kevin Cash liked the way Alex Cobb was competing Friday night. He liked the way the hard contact made by the Rangers batters went away after the second or third inning. So as the game headed toward the ninth, there was no doubt in Cash's mind that sending Cobb back to the mound was …

    Rays starter Alex Cobb can hardly believe what just happened as he leaves the game in the ninth after allowing a leadoff double then a tying two-run homer to the Rangers’ Shin-Soo Choo.
  2. Rays journal: Steven Souza Jr. gets extra day off to let hip heal

    The Heater

    ST. PETERSBURG — RF Steven Souza Jr. ran in rightfield before batting practice under the watchful gaze of the Rays training staff and manager Kevin Cash. Afterward, Souza told Cash he could use one more day of rest before playing on the left hip he strained Wednesday in Oakland.

    Tampa Bay Rays second baseman Brad Miller (13) gets a hug from right fielder Steven Souza Jr. (20) after his solo home run in the fourth inning of the game between the Texas Rangers and the Tampa Bay Rays at Tropicana Field in St. Petersburg, Fla. on Friday, July 21, 2017.
  3. Rays vs. Rangers, 7:10 p.m. Saturday, Tropicana Field

    The Heater

    Tonight: vs. Rangers

    7:10, Tropicana Field

    TV/radio: FS1; 620-AM, 680-AM (Spanish)

  4. Roger Mooney's takeaways from Friday's Rays-Rangers game

    The Heater

    Looks like LF Corey Dickerson is coming out of his funk at the plate — .186 average in past 16 games entering Friday. He had two hits Wednesday in Oakland and three hits Friday against the Rangers. Okay, one was an infield hit that bounced high in front of the plate, but the other was a long home run to …

  5. History shows Ole Miss upheaval tough to overcome

    College

    After Mississippi football coach Hugh Freeze resigned Thursday, with the opener six weeks away, offensive line coach Matt Luke is being thrown into an interim head coaching position. He will try to save a season that already had been scarred by a self-imposed bowl ban for NCAA violations.

    After coach Jim Tressel resigned, Ohio State went 6-7, including a loss to Florida in the Gator Bowl, in 2011.