Yankees Sign Chasen Shreve To Minor League Deal

The Yankees have signed left-hander Chasen Shreve to a minor league deal, as reported by Dan Martin of the New York Post. The southpaw had previously been pitching for the Rangers’s Triple-A affiliate in Round Rock on a minors deal but evidently opted out of that deal and returned to the open market at some point since his last appearance with them on June 14.

Shreve, who will celebrate his 34th birthday next month, is a veteran of ten MLB seasons who first made his big league debut with the Braves back in 2014. Shreve was swapped to the Bronx the following offseason alongside David Carpenter in exchange for Manny Banuelos. In parts of four seasons with the Yankees, Shreve pitched to a 3.92 ERA with a 4.99 FIP across 180 relief appearances. He was then packaged with right-hander Giovanny Gallegos and shipped to the Cardinals in exchange for first baseman Luke Voit partway through the 2019 season.

Since leaving the Bronx, Shreve has pitched for the Mets, Pirates, Tigers, and Reds at the big league level in addition to the aforementioned Cardinals. He’s posted a 4.26 ERA that’s exactly league average by measure of ERA+ over 169 innings of work, including a roughly league average performance with Detroit and Cincinnati last year. In 44 2/3 innings of work across 50 appearances, Shreve pitched to a 4.63 ERA and 4.28 FIP with a solid 23.3% strikeout rate against a 7.3% walk rate.

During his time on a minor league deal with Texas, Shreve has looked nothing short of dominant at Triple-A with a 1.61 ERA in 22 1/3 innings across 20 appearances while striking out 29.6% of batters faced. If he could recreate anything close to those numbers at the big league level he’d certainly be a welcome addition to the Yankees bullpen, which has lost Jonathan Loaisiga, Nick Burdi, and Ian Hamilton since the season began while also watching pieces like Caleb Ferguson and Ron Marinaccio struggle. It seems likely that Shreve will head to Triple-A for the time being, although it would hardly be a surprise to see the club call upon the veteran at some point in the near future, particularly after they recently DFA’d lefties Clayton Andrews and Victor Gonzalez earlier this week.