Last week may have been highlighted by the start of the 2022 regular season, but it also featured a spate of contract extensions. Today I’m going to take a closer look at two such extensions, both involving glove-first outfielders entering their age-27 seasons.

We’ll begin with Myles Straw, the center fielder for the Cleveland Guardians, who signed a five-year, $25 million extension, according to Zack Meisel of The Athletic. The extension includes club options for the 2027 and ’28 seasons that would bring the total to $41.5 million over the next seven years. Remarkably, this is the Guardians’ third extension this month with the potential to keep a player in Cleveland through the 2028 season — the team also inked deals with star third baseman José Ramírez and closer Emmanuel Clase.

2021 was Straw’s first full season as an everyday player. He came over to Cleveland from the Astros at the trade deadline in exchange for Phil Maton and Yainer Diaz. After the trade, he continued to build on his breakout campaign. He ended the having posted stellar defense (11 OAA), great baserunning (30 steals in 36 attempts), and about league-average offense (98 wRC+). That well-rounded production quietly placed him among the best center fielders in baseball last season, finishing sixth in WAR at the position with 3.7:

That chart does a good job of showing how unusual Straw’s profile is compared to his peers’, as he’s the only center fielder on the list without a clearly above-average bat. These offensive limitations mostly come from a lack of power, and it is a serious lack of power at that, with Straw posting an ISO, Barrel% and HardHit% all below the fifth percentile. His max exit velocity is actually above average, which could be a sign that more consistently hard contact is hidden away somewhere, but there’s just not a lot to suggest that he’ll be putting up double-digit home run totals anytime soon. Read the rest of this entry »

The Yankees and Aaron Judge found a way to bring extra drama to Opening Day. Even with an additional 24 hours of negotiations due to the postponement of their season opener against the Red Sox, the team did not reach an agreement on a contract extension with the slugger in time to meet his self-imposed deadline. Judge, who turns 30 on April 26, had said that once the 2022 season opened, all negotiations would cease, and he maintained that stance on Friday morning amid a flurry of reports detailing the Yankees’ offer, telling the assembled media, “First pitch is at 1:08 pm.”

His status did not change, and so on Friday night Judge told The Athletic’s Lindsey Adler, “At the end of the year, I’ll be a free agent. I’ll get to talk to 30 teams. The Yankees will be one of those 30.”

“I’m just disappointed because I think I’ve been vocal about — I want to be a Yankee for life, and bring a championship back to New York,” Judge told reporters after Friday’s 6-5 win. “I want to do it for the fans here. This is home for me, and not getting it done right now stings, but I’ve got a job to do on the field and I’ve got to shift my focus to that now and go play some ball.”

In a break from the way that the Yankees normally do business, general manager Brian Cashman laid out the offer to Judge “for transparency purposes” rather than rely on leaks to the media that he would have to confirm. According to Cashman, the team offered Judge seven years at $30.5 million per year, plus $17 million for this year, his final one before free agency, for a total package of $230.5 million. Read the rest of this entry »

Judging by their 69-win projection and negligible odds of winning the World Series, the Pirates don’t have a great deal to look forward to from a competitive standpoint in 2022. But Opening Day is a time for celebration and optimism nonetheless, and early on Thursday afternoon, FanSided’s Robert Murray reported that the team had agreed to an eight-year, $70-million extension with third baseman Ke’Bryan Hayes, the largest contract in Pirates history.

The contract for the 25-year-old Hayes is also a record for a player with between one and two years of service time. It covers his final two pre-arbitration years, his three years of arbitration-eligibility, and the first three years of his free agent eligibility, through his age-32 season. The exact details have not been reported at this writing, including the value of his club option for the ninth year (2030).

The celebration was almost immediately dampened when Hayes left the Pirates’ opener against the Cardinals in the bottom of the first inning due to an apparent injury to his left wrist. He dove trying to catch a bloop into left field by Dylan Carlson, but the ball fell and turned into a double. After Tyler O’Neill singled Carlson home two batters later, Pirates head athletic trainer Rafael Freitas and manager Derek Shelton came out of the dugout to check on Hayes, unwrapping his left wrist and taking him out of the game.

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While the period for extensions is usually longer, this year’s circumstances have made it a brief one, squeezed between a flurry of arbitration hearings and the upcoming baseball season. That doesn’t mean there’s been a shortage, though; according to Spotrac, the 32 extensions signed so far in 2022 marks the highest total since 40 were agreed to in 2019. While I first assumed a much lower number, it’s important to remember some were signed pre-lockout, like with Byron Buxton and José Berríos.

Anyhow, here’s one I found interesting. Having completed his rookie campaign in 2021, Guardians closer Emmanuel Clase was slated to become arbitration-eligible ahead of ‘24, followed by an entry into the open market in ‘26. But an extension has wiped those years out and possibly more. Per Joel Sherman of the New York Post, Clase is guaranteed $20 million over five years. There are two options, worth $10 million apiece, that can either cover his first two years of free agency (2027 and ’28), or be bought out for $2 million each.

Some minor details include a $2 million signing bonus and escalators that can take the options to $13 million. The main point, though, is this is a long, affordable commitment made at the genesis of a player’s career, starting at pre-arbitration and possibly ending several years later. From the Guardians’ perspective, they’ve locked up a star reliever for cheap. But from Clase’s perspective, one has to wonder if he’s leaving money on the table. The future is hazy this early in someone’s career, but when said career has been brilliant thus far, the “what could have been” takes over. Read the rest of this entry »

The free-agent signing bonanza might have come to an end, but that doesn’t mean that this compressed offseason doesn’t have anything left on the transaction front. On Sunday night, the Diamondbacks and Ketel Marte agreed to terms on a five-year extension worth $76 million that could keep him in Arizona through 2028 thanks to a team option.

Articles like this generally contemplate the player who just signed the extension, and we’ll definitely get to that, but the contract sounds so light on the surface that I think we should talk about that first. There’s one obvious reason that the total guarantee doesn’t jump off the page: Marte was already under contract through 2024 thanks to an extension he signed before the 2018 season. He signed that one only 1,000 plate appearances into his career, and it was quite team-friendly: five years and $24 million, with $11 million and $13 million team options tacked on to the end. He broke out in 2019 with a 7-WAR season, which made him one of the most underpaid players in the game.

Those club options are no more, because Arizona ripped them up to sign Marte’s new contract. He’ll receive the $8.4 million he was due this year and then another $76 million from ’23 to ’27. But since the Diamondbacks were certain to pick up those options, we can think of this deal as a three-year extension worth $52 million starting after the last option year.
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The Atlanta Braves have decisively answered the questions about their newly acquired first baseman’s future with the team. On Tuesday, they signed Matt Olson to an eight-year, $168 million extension that will keep him with the club through the end of the 2029 season.

Olson still had two years of arbitration remaining, so the deal isn’t quite at the level he likely would have gotten as a free agent.

Breakdown on Olson: $15M in 2022, $21M in ‘23, $22M from ‘24 to ‘29. This is an extension, not a free-agent deal. Olson had two years of arbitration remaining. Gets roughly $140M to $145M in free-agent years.

— Ken Rosenthal (@Ken_Rosenthal) March 15, 2022

The speed with which the Braves signed Olson to an extension suggests that they wanted to avoid the sort of uncertainty they experienced with Freddie Freeman as his own long-term deal approached its expiration last fall. Read the rest of this entry »

Under General Manager Kim Ng, the Miami Marlins have said a lot of positive things about investing in their roster in order to be a factor in what is becoming a highly competitive National League East. Over the past few days, they’ve begun to put their money where their collective mouth is.

On Tuesday, the club formally announced a five-year, $56 million extension for right-handed starter Sandy Alcantara; the deal, which was initially reported last week, includes a $21 million option for a sixth year, buying out his three arbitration years and as many as three years of free agency. It’s easy to forget that when the Marlins acquired Alcantara from the Cardinals as part of a four-player package received in return for outfielder Marcell Ozuna, he was not seen as the best prospect in the trade (for that matter, neither was right-hander Zac Gallen, who was also acquired in the deal). Instead, the real prize was speedy outfielder Magneuris Sierra. Sierra hasn’t worked out, but the deal has still been very fruitful for Miami.

At the time of the trade, Alcantara was seen by many as a likely future reliever due to his plus-plus arm strength, sloppy command and a shallow arsenal. To the credit of the Marlins pitching group, and more importantly, Alcantara himself, he has turned into a strike thrower, maintained his velocity, and developed a much more effective complement of off-speed pitches. That combination has turned him into one of the better (and more durable) young starters in the game, one who also has several underlying indicators that portend future improvements. Read the rest of this entry »

For years, 2022 has loomed large in the Minnesota Twins’ long-term planning. Their two franchise cornerstones, Byron Buxton and José Berríos, were both due to hit free agency after the 2022 season, which meant the team constructed many of its long-term plans with that year as a pivot point. Even when they traded Berríos for prospects at the 2021 deadline, next year still looked like a potential last hurrah with the current core before turning the team over to new blood.

Forget that idea. On Sunday, the Twins and Buxton agreed to a seven-year, $100 million contract extension that will keep him in Minnesota through the 2028 season; it also includes a full no-trade clause. The gem of Minnesota’s last rebuild will now be the face of the franchise throughout the peak of his career.

2021 was a microcosm of Buxton’s career to date. He was electric when he played, batting .306/.358/.647 with 19 home runs in only 254 plate appearances. He clubbed 19 doubles, stole nine bases (against just a single time getting caught), and channeled his aggression on pitches in the zone without flailing wildly. In the field, he was as good as ever, which is pretty darn good. Buxton is perennially one of the best center fielders in baseball, and this year was no exception. Every defensive metric agreed he was one of the best per-game defenders in the majors. Combine that with his offense, and he was worth 4.2 WAR in only 61 games. Read the rest of this entry »

A few hours before Tuesday’s Red Sox-Yankees Wild Card tilt, the Colorado Rockies announced that they had agreed to two new contracts, getting baseball’s offseason started just a little bit early. First, the club and right-handed starter Antonio Senzatela came to terms on a five-year contract extension, one that guarantees him $50.5 million and includes a $14 million club option for 2027. The team also agreed to bring back first baseman C.J. Cron on a two-year, $14.5 million deal.

Though both contracts were announced on the same day, they accomplish different goals. Senzatela, for one, was not a free agent until after the 2023 season; the new contract buys out his two remaining arbitration years at $7.25 million apiece, while valuing the three free agent seasons that would have come after at $12 million each. Cron’s contract, on the other hand, can be considered an extension in name only (since players are under contract until five days following the World Series), as he was set to hit the open market in just a few weeks. Interestingly — though it’s almost certainly just a coincidence — Cron’s contract will also pay him exactly $7.25 million in each of the next two seasons.

Also notably, the two deals represent the first moves made by the team’s new permanent general manager, Bill Schmidt, who officially shed the interim title on Saturday. He had been serving in the role since May 3, following Jeff Bridich’s late-April resignation. Prior to assuming the interim role, Schmidt had led the Rockies’ scouting department, a position he had held since 1999. Read the rest of this entry »

When the Braves signed Ronald Acuña Jr. and Ozzie Albies to phenomenally team-friendly contracts before the 2019 season, two distinct possibilities loomed. First, the team could bank the money they saved and put out a good team at a discounted price. Second, they could reinvest those savings and attempt to put together a great team. Which they chose would say a lot about how the team planned on operating long-term.

The question is no longer open. The Braves have overcome a season-ending injury to Acuña to surge to the top of the NL East, and while the Phillies and Mets continue to nip at their heals, they’re well on their way to a fourth straight division title. They’ve done so thanks to some new young contributors — Austin Riley and Ian Anderson have come into their own this year. They’ve made some savvy signings and trades — Charlie Morton has been their best pitcher this year, and Jorge Soler has been excellent since joining the team.

Now, the Braves are making moves to prolong their stay atop the division. In late August, they signed Travis d’Arnaud to a two-year extension. They followed that up by signing Morton to a one-year deal (both contracts have team options tacked on). Let’s take a look at both of those deals, as well as how they affect the team’s outlook for next year and beyond.

Signing d’Arnaud to an extension — two years and $16 million with a team option for a third year — was hardly an obvious move for the team. He missed the majority of the season after tearing a ligament in his thumb in May. He’s hit well since his return, but even so, his seasonal line works out to an 84 wRC+. Combine that with solid receiving, and the total package works out to a roughly average catcher.

What made the Braves so eager to lock d’Arnaud up? His replacements fell well short of that average catcher bar. On the year, Atlanta’s catcher position has produced -1.4 WAR, the worst mark in the majors. It’s not an individual problem; a huge array of catchers have combined to weigh the position down:

Relative to that mess, d’Arnaud is a huge improvement. That’s not to say that Contreras won’t figure it out, or that Vogt isn’t a capable backup. But for a team with an embarrassment of riches at most positions, giving away so much value at catcher doesn’t make sense. It gets worse: the list of free agent catchers this offseason is nasty, brutish, and short. Yan Gomes and Martín Maldonado are the headliners, and it gets worse from there. Miss signing your target, and you might be in for a long offseason. Read the rest of this entry »