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Deal sending Soriano to Rays is done

Dec 11, 2009, 12:46 PM EDT

UPDATE: The deal is now official. It’s 1-year, $7.25 million.
12-10-09, 12:21 P.M.
FOXSports.com’s Ken Rosenthal reports that the trade sending Rafael Soriano from Atlanta to Tampa Bay is all but completed after the Rays worked out a one-year deal worth around $7 million with Soriano.
Tampa Bay wanted to get a contract finalized rather than risk going to arbitration with Soriano, because at that point his 2010 salary would be largely out of the Rays’ hands. Atlanta wanted to shed Soriano’s salary after he surprisingly accepted the Braves’ arbitration offer, and in doing so pick up a fairly generic middle reliever in Jesse Chavez.
While costly, Soriano is a huge addition to the Rays’ bullpen after saving 27 games with a 2.97 ERA, 102/27 K/BB ratio, and .194 opponents’ batting average over 75.2 innings in 2009. When healthy he’s among the most dominant pitchers in baseball and forms an excellent righty-lefty combo with J.P. Howell. Soriano figures to take over as the full-time closer after Howell led the team with just 17 saves and eight other Rays notched at least one. Very nice move for Tampa Bay.

  1. Alan - Dec 10, 2009 at 12:40 PM

    A little while ago Stuart Sternberg said, essentially, that the Rays weren’t in the market for a $7 million closer. Not surprisingly they found the money when the right guy came along. What a terrific franchise — I sure hope the fans down here realize how lucky they are.

  2. rundll32 virus - Feb 11, 2010 at 11:37 PM

    Great article!!! I am definitely looking forward to seeing more posts

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