The White Sox are in agreement with right-hander Erick Fedde on a two-year, $15MM contract, reports Jeff Passan of ESPN (X link). The deal is pending a physical. MLB.com’s Mark Feinsand reported last night that Fedde, a client of the Boras Corporation, was nearing a two-year pact and named the White Sox and Mets as finalists.

Fedde returns to the majors after one season in South Korea. He’d signed a one-year, $1MM pact with the KBO’s NC Dinos last December. A few weeks earlier, Fedde had been non-tendered by the Nationals, with whom he’d spent his entire pro career up to that point. Within 12 months, he has dramatically raised his profile.

The 30-year-old righty turned in an excellent season for the Dinos. He pitched to a 2.00 ERA in 180 1/3 innings covering 30 starts. He struck out an excellent 29.5% of batters faced while walking under 5% of opposing hitters. As a result of that dominant showing, he was named the KBO’s Most Valuable Player.

Before his move to Korea, Fedde had a fairly nondescript run in Washington. The 6’4″ hurler was a first round draft choice in 2014. He received some Top 100 prospect attention as a potentially quick-moving college starter. Fedde got to the majors midway through the 2017 season but didn’t solidify himself in the rotation for a few years. He spent time on the injured list with shoulder inflammation during the 2018 campaign and bounced between the nation’s capital and Triple-A in ’19.

Fedde carved out a spot in the Nats rotation during the shortened 2020 campaign. He’d hold that role for the next three seasons, combining to log 310 2/3 innings over 67 appearances. The results weren’t great, as he posted a 5.42 ERA with a middling 18.1% strikeout rate. Rather than meet a projected $3.6MM arbitration salary last offseason, Washington moved on.

While surely a tough pill to swallow at the time, Fedde has come out ahead following the non-tender. This past August, he told the Washington Post’s Jesse Dougherty that he’d developed more horizontal action on his slider and tweaked the grip on his changeup as part of an overhauled approach in the pitching lab.

Between the repertoire adjustments and the dominance in a hitter-friendly KBO, Fedde secured the largest guarantee for a former affiliated pitcher returning from Korea. Each of Josh Lindblom, Merrill Kelly and Chris Flexen landed multi-year guarantees. Fedde is the first to cross the $10MM threshold, doing so rather handily.

The $7.5MM average annual value is a strong deal for the righty, although it could still turn out to be solid value for the Sox if Fedde can turn in league average results in the majors. Chicago is in desperate need of starting pitching. Dylan Cease had been the only pitcher on the roster who was clearly assured of a rotation spot and he’s widely expected to be traded. Fedde is almost certain to get a spot in the starting five, while Michael Kopech and trade pickup Michael Soroka have a decent chance at rotation roles. Jared Shuster, Jesse Scholtens and Touki Toussaint are also in the mix.

That’s still a lackluster group, particularly if the Sox wind up moving Cease. First-year general manager Chris Getz and his front office are likely to continue searching for starting pitching. The specific breakdown of Fedde’s contract has yet to be reported. If it’s distributed evenly, a $7.5MM salary would bring the Sox’s projected payroll (courtesy of Roster Resource) around $144MM. Getz has already suggested they’re not planning to approach their franchise-record spending mark, which topped $193MM, but they’re still more than $35MM shy of this year’s approximate $181MM Opening Day figure.

Image courtesy of USA Today Sports.