During the Winter Meetings this week, much of the talk about the Red Sox focused on them subtracting a starting pitcher, specifically David Price. as Boston looks to shed payroll and get under the $208 million luxury tax threshold.
Thursday night, the Red Sox went in the other direction and added a starting pitcher. The club has agreed to a one-year contract worth $6 million with left-hander Martin Perez, reports The Athletic's Ken Rosenthal. The deal includes a $6.25 million club option for 2021. The Red Sox have not yet announced the signing.
If nothing else, Perez will replace the departed Rick Porcello as the Red Sox's fifth starter. . This is Boston's rotation depth chart at the moment:
- LHP Chris Sale
- LHP Eduardo Rodriguez
- LHP David Price
- RHP Nathan Eovaldi
- LHP Martin Perez
- RHP Hector Velazquez
In all likelihood the Perez signing has little bearing on the team's decision-making with Price. If they can unload all or most of his contract, they'll do it, and sign a cheaper starter to take his spot in the rotation. Boston currently needs to clear about $20 million to get under the luxury tax threshold. Price has three years at $31 million annually remaining on his contract.
Perez, 28, had a 5.12 ERA in 165 1/3 innings with the Twins this past season. Minnesota declined his $7.5 million club option after the season and instead paid Perez a $500,000 buyout.