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The Nationals agreed to sign free agent closer Rafael Soriano to a two-year, $28MM contract, Yahoo's Jeff Passan reports (Twitter links). The deal includes a 2015 option valued at $14MM that will vest if Soriano finishes 120 games over the course of the next two seasons. Agent Scott Boras represents Soriano.
Soriano posted a 2.26 ERA with 9.2 K/9 and 3.2 BB/9 with 42 saves for the Yankees this past season. He ranked 17th on MLBTR’s list of top 50 free agents entering the offseason, and passed on two contracts that were available to him earlier in the offseason. He opted out of his existing contract with the Yankees then declined New York’s qualifying offer.
The decision to decline the Yankees’ qualifying offer linked Soriano to draft pick compensation. The Nationals will lose a draft pick for signing Soriano, and the Yankees will obtain a compensatory selection for their loss. The Nationals stand to lose the 29th overall selection, while the Yankees are now poised to gain the 32nd overall selection, Jim Callis of Baseball America notes (on Twitter). Throughout the process Boras insisted he’d find a good deal for his client.
Boras represents a number of Nationals players, as MLBTR's Agency Database shows. Bryce Harper, Danny Espinosa, Anthony Rendon, Stephen Strasburg and Jayson Werth are also clients of the Boras Corporation.
[background=transparent]MLBTR[/background]
[background=transparent]Good signing for the Nats, they needed a closer. Thanks for the draft pick too guys.[/background]