Results tagged ‘ closers ’

Sources: Braves sign Billy Wagner

With the Winter Meetings still days away, the Atlanta Braves appear poised to mark one big item off their holiday shopping list. Fox Sports’ Ken Rosenthal is reporting that the Braves will sign lefty closer Billy Wagner, “according to major league sources.”

billy_wagner.jpgWagner must now pass a physical before the deal becomes official. This will mark the first marquee closer the Braves have boasted since John Smoltz‘s days at the end of the pen.

According to Rosenthal’s report, the one-year deal is believed to be worth $7 million and includes a $6.5 million vesting option for a second season that would kick in if Wagner closes 50 games in 2010.

Wagner, 38, is coming off Tommy John Surgery in 2008 that limited him to just 17 appearances between the New York Mets and Boston Red Sox last season. The lefty showed his power arm to be intact, racking up 26 strikeouts in 15 2/3 innings of work to go along with a 1.72 ERA in 17 outings. Opponents hit just .154 against the six-time All-Star last season.

During his 15-year career, spent with Houston, Philadelphia, New York and Boston, Wagner has accumulated 385 saves and stands to become just the fifth hurler in MLB history to surpass the 400 save plateau with a healthy 2010 campaign. Only John Franco (424) has more saves all-time by a southpaw pitcher.

Atlanta will give Boston a supplemental first round draft pick for signing Wagner, who as a Type-A free-agent was offered arbitration by the Red Sox prior to Tuesday’s deadline.

The Braves have a very good chance of recouping that draft pick loss, however, as both Rafael Soriano and Mike Gonzalez (who were also offered arbitration Tuesday) qualify as Type-A FA’s and would fetch first rounders back for Atlanta if they sign elsewhere.

This is a potential signing that I believed the Braves could pursue and had highlighted it prominently in my upcoming Winter Meetings Primer entry. Of course, that piece had yet to hit the Blogosphere before news of this signing broke, but rest assured it will still make an appearance. I just won’t be able to claim any psychic connection this time around.

More to come as always,

G-Mc