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 »

The Giants have been one of the year’s biggest surprises, leading the National League West for a large portion of the season and holding the best record in baseball since the beginning of June. Their success is due in large part to some unexpectedly resurgent seasons from their veteran core. On Friday, San Francisco rewarded one of those veterans, signing Brandon Crawford to a two-year, $32 million contract extension.

The Tigers haven’t been nearly as good as the Giants in 2021, but they’ve played some really competitive baseball after an ugly 8-19 April. A big reason for their change in fortunes has been some excellent production from Jonathan Schoop. After signing back-to-back one-year deals with Detroit the last two seasons, the team inked him to a two-year, $15 million contract extension on August 7.

Crawford, a Bay Area native, has spent his entire career with the Giants. He was selected in the fourth round of the 2008 draft and has been a fixture at shortstop since his major league debut in 2011. He’s the franchise leader in games played at at the position and was a key contributor to two World Series championships in 2012 and ’14. After the 2015 season, he signed a six-year, $75 million contract extension that would have expired at the end of this season. This new extension guarantees that Crawford remains a single-franchise player at least through his age-36 season, a feat that’s become increasingly rare in today’s game. Read the rest of this entry »

The Angels locked up their second baseman on Opening Day, inking David Fletcher to a five-year contract that will keep him in Anaheim through at least the 2025 season. In addition to the baseline guaranteed money ($24.5 million), there are two club option years at $8 million and $8.5 million. Both option years have buyouts for $1.5 million, the first one bringing the contract to the headline figure of $26 million.

Fletcher has been a find for the Angels, and I daresay that he’s outperformed the original expectations for him. Drafted as a shortstop out of Loyola Marymount, he avoided the wacky error totals that many middle infield prospects put up in the low minors. Still, his offensive profile wasn’t seen as having enough upside to propel him to the top of the team’s prospect lists. The consensus going into 2018 was generally that he would be a utility infielder, though a dependable one.

Notably, even the lukewarm evaluations had nuggets of Fletcher’s later success. John Sickels gave Fletcher a C+, but praised his reliability and noted him as a player who could surprise.

David Fletcher, SS, Grade C+: Age 23, a sixth-round pick in 2015 from Loyola Marymount, hit .266/.316/.339 with 20 doubles, three homers, 20 steals, 27 walks, 55 strikeouts in 448 at-bats between Double-A and Triple-A; easy to under-estimate, old-time scouts would have called him an “intangibles” player; runs well, but throwing arm is nothing special and hitting power is below average; all that said, he is a very reliable defensive shortstop how outplays his mediocre defensive tools with positioning, instincts, and impressive reliability: has a .982 career fielding percentage at short; most likely a utilityman but might surprise eventually; ETA 2018.

Here at FanGraphs, Eric Longenhagen gave Fletcher a 40-grade in 2017 but had praise for his contact skills.

A draft-eligible sophomore at Loyola Marymount, Fletcher projects to carve out a big-league job as a utility man capable of competently playing both middle-infield positions, a terrific outcome for a sixth-round pick.

Fletcher is an above-average straight-line runner but not an especially twitchy athlete, and he’s able to play short despite fringey range and an average arm because of polished but unspectacular actions, hands, and good instincts. His bat is quick, his stroke short but effortful. Fletcher projects as a fringe hitter with 40 raw power and less than that in games.

As for ZiPS, it saw Fletcher as merely a .237/.276/.304 hitter with above-average defense at second in the majors in 2018, so I cannot claim that my work nailed his rise either! ZiPS didn’t really start getting interested until after 2018 when it translated his full season at .274/.314/.394 but at 13 runs better than average at second.

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When the Mets traded for Francisco Lindor earlier this offseason, an extension felt likely, even certain. As the season rolled inexorably closer with no deal in place, however, that likelihood (certitude?) ebbed: The Mets seemed tied to their offer, Lindor had a March 31 negotiation deadline, and no one was budging. Last night, the impasse ended: The two parties agreed to a 10-year, $341 million extension that will make him the highest-paid shortstop in history, as Jon Heyman first reported.

Lindor’s brilliance hardly needs recapitulation, but for giddy Mets fans drinking in every piece of marginalia about this deal, I’ll offer a quick one. If Andrelton Simmons didn’t exist, Lindor would be the best defensive shortstop of the 21st century. He boasts a rare combination of mobility, sure hands, a strong arm, and defensive instincts. If those sound like everything you could ask for in a shortstop, you’re not wrong. There’s really no way of overstating it, because this isn’t a place where eye tests and various wonky metrics disagree. Every advanced defensive metric places him among the top handful of defenders since he entered the league, with only Simmons and Nick Ahmed as peers. The eye test will tell you that his mere presence stabilizes an infield and calms the pitchers in front of him. The talent and panache on display nightly is simply irrefutable.
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The week before the regular season begins is usually extension season, as teams and players scramble to complete deals before the day-to-day rigors of playing baseball for six straight months get in the way of discussions. While this year hasn’t seen many extensions so far, it hasn’t seen none; on Wednesday, the Astros signed Lance McCullers Jr. to a five-year, $85 million extension, as FOX 26’s Mark Berman first reported.

McCullers would have reached free agency after this year; all five years of his extension would have been free-agent years, which makes comparisons easier. This deal is essentially a pre-agreement to a free-agent contract, with none of that squirrely nonsense of buying out arbitration years or extra team options on the end. Five years and $85 million, simple as that.

How does that rate look next to comparable free agents? For once, I’m stumped. The pandemic-shortened season, and teams’ subsequent financial retrenching, makes using past years as a guidepost a poor idea. Madison Bumgarner, for example, signed a five-year, $85 million deal — the exact terms! — but did so before the world changed. This offseason, no comparable pitchers hit the market; the only pitcher who signed a multi-year deal with an average annual value above $10 million was Trevor Bauer, and that’s not a useful comp here either.

You could, if you were so inclined, use Dan Szymborski’s research from last week that estimated the cost of one WAR in future years. The estimate has wide error bands, because it’s based only on multi-year contracts signed this offseason, but it looks like so:

With that in hand, we next need to estimate how good McCullers will be in the relevant 2022–26 timeframe. Luckily, ZiPS has us covered there as well:

With the projection in tow and a cost per WAR (I added $250,000 per year after the years in the table), we can just do the math. That’s a 9.3 WAR projection overall, and after applying the relevant yearly multipliers, the projections would suggest a $75 million contract. That implies the Astros overpaid, but take a gander at those innings projections. McCullers’ past injury history leads ZiPS to a pessimistic playing time assumption. An extra 15 innings per year would move the deal up to fair value. So would four seasons of 150-inning production and a single missed season. In other words, it comes in pretty close to what we’d expect after accounting for his skill and risk factors.

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With Opening Day roughly a week away, teams are running out of time to sign players to contract extensions without dragging negotiations out into the season. This week will likely have a bevy of them, and the Royals got the party started early yesterday when they signed Salvador Perez to a four-year, $82 million extension, as The Athletic’s Alec Lewis reported.

The deal, which also contains a team option for a relatively affordable fifth year at $11.5 million after accounting for a buyout, doesn’t start until 2022. When it does kick in, Perez will become the second-highest-paid catcher in baseball, behind only J.T. Realmuto (Buster Posey has a team option for 2022, but it will likely not be exercised), with Yasmani Grandal as the only other catcher within hailing distance of his new deal.

In the current context of player spending, this qualifies as a surprise. Perez will turn 31 in May. He missed all of 2019 to have Tommy John surgery and a chunk of the previous season with an MCL sprain. When not injured, he rarely missed a game, exposing his body to the rigors of catching at a rate only matched by fellow Missourian Yadier Molina.

Catchers age in dog years. Perez is fighting gravity by continuing to be a valuable player every time he puts on the tools of ignorance. Most of the teams in baseball wouldn’t have signed this deal. What’s going on?
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