Whose Contract Extensions Should Teams Tackle with Urgency?

If you look at teams with long-term stability, you’ll tend to find teams who have managed to get a lot of their best talent inked to contract extensions. When it comes to team construction, that certainty makes resolving other questions about the team a simpler matter and reduces the risk of a nasty surprise when your rival decides to spend the GDP of a small country on one of your best players in baseball. Making sure your core is locked up has been trickier since the mid-1970s, as it shockingly turned out that when you allow players to choose their employer, they may choose to find new employment! Teams as widely varying as John Hart’s 1990s Cleveland teams to today’s Braves employed these strategies as foundation of their continued success.
This year has already seen a number of key players signing long-term contracts that guarantee them healthy amounts of guaranteed cash: Corbin Carroll, Andrés Giménez, Keibert Ruiz, Miles Mikolas, Jake Cronenworth, Logan Webb, Ian Happ, Pablo López, Bryan Reynolds, and Hunter Greene have all signed deals within the last two months. Signing players now is usually better than waiting to later, so here are my eight players who teams should most urgently attempt to sign to long-term deals. For each player, I’ve included the current ZiPS-projected contract.
First off, let me address two players who you might expect to see here but who are not: Shohei Ohtani and Juan Soto. Ohtani looks like such a mega-blockbuster free agent that I’m not sure the Angels can realistically keep him from hitting the open market, and in any case, the projection would just be “all the currency that exists or ever will exist.” As for Soto, as much as it suprises me that I’m saying this, there’s enough of a question around where his ability level is right now that I think a meeting of the minds may be very difficult. The fact is that he’s a .234/.398/.437 hitter over the last calendar year, and with extremely limited defensive value, I’d actually be a little squeamish about offering him the 14-year, $440 million extension he turned down from the Nats. Read the rest of this entry »