According to SB Nation’s Chris Cotillo, the Kansas City Royals have signed veteran starter Edinson Volquez to a 2 year/$20 million deal:
Sources: #Royals, Edinson Volquez closing in on deal believed to be in the two-year, $20M range. One source believes physical is last step.
— Chris Cotillo (@ChrisCotillo) December 17, 2014
In 2014 with the Pittsburgh Pirates, the 31-year old Volquez posted a 3.04 ERA, however it was combined with a 4.15 FIP and 4.20 xFIP which do not indicate great future success, as the righty owns a career 4.32 FIP and 4.17 xFIP. Volquez has seen a falling K/9 rate since 2010, in which he posted a 9.62 K/9—as opposed to his 6.54 level in 2014. Another warning sign Volquez might be exhibiting is a falling percentage of the number of swing and miss strikes he throws, as his SwStr% fell from 13% in 2010 to 8.3% in 2014—which means players are putting more contact on his pitches, which could result in harder hits against him. Since 2012, Volquez also has posted a measly 2.1 fWAR.
In the pitching market as it stands, Volquez represents a relatively low-cost—although $10 million per year can hardly be considered ‘low-cost’—signing for the Royals, who were looking to replace the now free agent James Shields. While Volquez is not a type of pitcher the Royals can insert into the top of their rotation, he can provide a solid veteran presence in the middle to back end of the rotation as either a 3, 4, or 5.
Volquez, who made $10.725 million total over 2013-14 with the Los Angeles Dodgers and Pirates, now will make almost as much per season for the reigning AL-champion Kansas City Royals.