Cardinals Lock Up Kolten Wong in Frugal Manner
Now that all the possible arbitration cases have been settled and all the offseason’s major free agents signed (apologies to David Freese and Austin Jackson), teams can turn their respective attentions towards locking up young players to contract extensions that buy out potentially expensive free-agent seasons. Earlier this week, the Royals and Salvador Perez agreed to a deal, although that amounted more to the restructuring of a previous deal and less a typical extension. Rather, the first standard pre-arbitration extension of the spring comes from the St. Louis Cardinals, who could get a decent bargain in Kolten Wong despite the second baseman’s lack of huge upside.
Wong’s service-time situation made him an ideal candidate for a contract extension. Wong is one year away from arbitration, so he was looking at the Major League Baseball minimum salary (or something very close to it) this season, with three seasons of arbitration to follow before he could hit free agency. The contract with the Cardinals is for five years and $24.5 million, with a $12.5 million option with a $1 million dollar buyout for the sixth season, making the guarantee $25.5 million. The guarantee is fairly low and has the potential to buy out two seasons of free agency when Wong will be 29 and 30 years old, respectively. Wong has shown himself to be an average player in his two full seasons in the big leagues and continuing to be average will make this deal a worthwhile one for the Cardinals — although Wong has shown some potential for more.