According to Dan Martin of the New York Post, the Yankees have signed left-handed pitcher Chasen Shreve to a minor league deal. The southpaw had previously been pitching for the Rangers’ Triple-A affiliate in Round Rock on a minor league contract, but he appears to have opted out of that agreement and returned to the open market at some time since his last appearance with them on June 14.
Shreve, who will turn 34 next month, has played in the Major Leagues for ten seasons and made his debut with the Braves in 2014. The next offseason, Shreve was traded to the Bronx with David Carpenter in exchange for Manny Banuelos. Shreve pitched to a 3.92 ERA and a 4.99 FIP in 180 bullpen appearances over four seasons with the Yankees. He was subsequently packaged with right-hander Giovanny Gallegos and traded to the Cardinals for first baseman Luke Voit midway through the 2019 season.
Shreve has pitched in the majors for the Mets, Pirates, Tigers, and Reds, as well as the Cardinals, since leaving the Bronx. He has a 4.26 ERA, which is exactly league average by ERA+, over 169 innings of work, including about league average performances with Detroit and Cincinnati last year. Shreve pitched 44 2/3 innings in 50 appearances, with a 4.63 ERA and 4.28 FIP, a 23.3% strikeout rate and a 7.3% walk rate.
Shreve has been nothing short of brilliant at Triple-A during his minor league stint with Texas, with a 1.61 ERA in 22 1/3 innings across 20 outings and a strikeout rate of 29.6%. If he can replicate those performances in the big leagues, he’d be a welcome addition to the Yankees bullpen, which has lost Jonathan Loaisiga, Nick Burdi, and Ian Hamilton since the season began, while also seeing players like Caleb Ferguson and Ron Marinaccio struggle.
It appears that Shreve will be assigned to Triple-A for the time being, but it would not be surprising if the team called upon the veteran at some point in the near future, especially after DFAing lefties Clayton Andrews and Victor Gonzalez earlier this week.
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