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Reports: Kyle Lohse joins Brewers for $33 million

Big League Stew

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(AP)

Finally, Kyle Lohse has a home. Lohse, the patient free agent pitcher, has a deal in place to join the Milwaukee Brewers, as first reported by Jon Heyman of CBS Sports. Yahoo Sports! Tim Brown confirms it's a three-year deal worth $33 million, which Brown says is likely "below market value."

The where-will-he-land question has been following Lohse for months, after a stellar 2012 in which he was 16-3 for the St. Louis Cardinals with a 2.86 ERA. As recently as last week, reports were that Lohse and agent Scott Boras hadn't budged from their $14-$15 million per year asking price. Lohse remained in limbo, waiting for a team to call, while Boras stumped on behalf of his client, saying the longer teams wait, the more demand there would be.

Here's Brown with some expert analysis:

Lohse had his free agency bogged down by new rules governing draft-pick compensation. With the signing, the Brewers lose the 17th overall pick in the coming draft. The Cardinals gain the 28th overall pick. In November, Lohse declined the Cardinals’ one-year, $13.3-million qualifying offer ...

While waiting out his free agency, Lohse has missed all but a week of spring training. He has been pitching, however. He threw 80- and 90-pitch simulated games last week. When Lohse would be ready to pitch in a regular-season game is unknown.

The Brewers rotation will welcome Lohse. After ace Yovani Gallardo, things take a bit of a dive with Marco Estrada, Wily Peralta and Chris Naverson.

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