Storylines: Tigers extend Cabrera to record deal
In this MLB News and Notes segment, I will be giving occasional reports on the latest news and rumors throughout the MLB. I also will try to tweet news and rumors as I see them, so feel free to follow me on Twitter: @AndrewIBI.
Here are the stories from Thursday, March 27th.
- The Tigers are closing in on a huge new extension for star Miguel Cabrera, Jon Heyman of CBS Sports first reported. Jon Morosi of FOX Sports followed up with the news that the average annual value on the deal is expected to be in the range of $30 million per year on top of the two years and $44 million he is already owed under a prior extension. Cabrera will be under team control for an additional eight years and approximately $248 million. All together, the Tigers will control the two-time American League MVP through the 2023 season, his age-40 campaign. Heyman finished the news by reporting the deal includes two vesting options for $30 million apiece. As Heyman notes, if those options were to vest (or be picked up by the club), the total commitment from this point forward could reach $352MM over twelve years.
- The Pirates have officially agreed to extend one of their young outfielders, locking up Starling Marte to a six-year, $31 million deal that includes two option years. The contract will kick in for the 2014 season, meaning that it will extend team control over the 25-year-old by three seasons.
- Justin Sellers was optioned to Columbus.
- Matt Treanor, Shaun Marcum, Matt Capps, and Luke Carlin were reassigned to minor league camp.
News and Notes:
- Starlin Castro says he's open to moving from shortstop to accommodate star prospect Javier Baez, CSN Chicago's David Kaplan reported.
- Jim Salisbury of CSNPhilly.com reported that the Phillies have released outfielder Bobby Abreu.
- Brian McTaggart of MLB.com reported that the Astros claimed outfielder Alex Presley off of waivers from the Twins.
- The Mariners officially signed starter Chris Young and designated Bobby LaFromboise for assignment to create space according to Bob Dutton of the Tacoma News Tribune.
- Starter Rich Harden is still pursuing his throwing program and is planning to hold a mid-season showcase, Susan Slusser of the San Francisco Chronicle reported.
- Joe Stiglich of CSNBayArea.com reported that Athletics outfielder Michael Taylor has learned that he will not make the Opening Day roster.
The Indians will deal with Cabrera- that was to be dealt with anyway. The thing is, as time goes on, that will become easier. Good point, Matthew- that is a ton of money to tie up into older players, especially when you are not the Dodgers or Yankees (the Tigers are closer to the Indians in terms of financial wherewithal when you consider TV market and broadcasting rights than they are LA or NYC, along with others such as Boston).
Good point too, Hermie- While Cabrera could be tradeable if he continues to hit at an elite level, that will be difficult even halfway through that contract; by the end of that contract, his chances of hitting at an elite level are almost non-existent; combined with that ridiculous contract, he will be almost untradeable.
It's insane on several levels and he's done it before with the Fielder deal that he sold out on at a loss.
The Fister deal this year,not having any kind of depth in case of injuries(Iglesias and Dirks) and not shoring up a bullpen which has cost them in the play offs for the last three seasons.
They better hope they get big seasons from the two ancient ones,Hunter and Nathan,because they're going to need them.
One issue with this deal though is unlike Prince, Miguel Cabrera has full no-trade protection for the rest of this deal. He acquired 10-5 rights last season...
Even if they want to deal him at some point, no guarantee they will be able too. Plus Prince's deal will be up in 2020 when he'll be 36. Miggy's deal goes into his 40s. So while the last year or two of Prince's deal may look bad...the 2nd half of Miggy's deal could get real ugly...
I am stunned at the money and length of the Miggy deal & I agree it could be an anchor down the road. That said, Detroit has taken the approach of making trades and free agent signings to offset a lower farm system. Their choice, Time will tell if it works out or not.
Also, does this suggest that they won't resign Scherzer? (Even DET has financial limits, and I don't think the Tigers were thrilled with Max rejecting their "very competitive offer.").