Indians Get No Discount With Santana Extension
Offensively competent catchers are perhaps the rarest commodity in baseball, and clubs tend to go to great lengths to make sure they can keep those guys long-term. The Indians and Carlos Santana agreed to a five-year contract extension yesterday, a deal that guarantees him $21 million and includes a $12 million club option for a sixth year. Jordan Bastian of MLB.com and Paul Hoynes of the Cleveland Plain-Dealer both deserve credit for breaking the news.
Santana, 26, was already under team control through 2016. The new extension kicks in immediately, so it covers his final two pre-arbitration years and all three years of arbitration-eligibility. The club option covers one year of free agency. The Indians gained cost certainty more than anything, though that club option is obviously very appealing. Santana only signed for $75,000 out of Dominican Republic in 2004, so he gets some serious long-term financial security.
