Indians Go Long with Corey Kluber and Carlos Carrasco
The Cleveland Indians already had much of their team in place for many years on the position player side after extensions for Michael Brantley, Jason Kipnis, Yan Gomes, and Carlos Santana. In one weekend they solidified their future on the pitching side as well, locking up ace and Cy Young Award winner Corey Kluber as well as fellow rotation member Carlos Carrasco. Deals for pitchers are never a guarantee of performance, but with the cost to acquire pitching outside the organization so high, the Indians made out very well in securing potentially six years of free agent years with $60 million in guarantees.
Carlos Carrasco was not the player most likely to receive an extension, but he will now be guaranteed $22 million over the next four years with two club options after that believed to be worth around $10 million. Carrasco entered arbitration for the first time this year and was set to make close to $2.3 million this season. Extensions for players in their first year of arbitration are not common. Before this offseason, there had not been an extension for a player with between three and four years of service time since January 2011, when Johnny Cueto signed a four-year deal with the Cincinnati Reds for $27 million that included a team option and bought out two potential free agent years, per MLB Trade Rumors Extension Tracker. Even expanding the parameters a little finds few players close to Carrasco’s situation in the recent past. Gio Gonzalez signed his five-year, $42 million deal as a super-2 three years ago, and Jaime Garcia was about two months from arbitration when he signed his four-year $27 million in July 2011.
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