Red Sox can't re-sign Martinez just yet

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The Red Sox may well want Victor Martinez as their catcher beyond 2010. He’s not much defensively and he never will be, but he doesn’t embarrass himself and it could be a long time before a real upgrade is available. Still, despite Martinez’s obvious eagerness to get a deal done now, nothing figures to happen for two very big reasons.
1. Joe Mauer still hasn’t reupped with the Twins.
Mauer would likely spur the biggest bidding war yet between the Yankees and Red Sox if the Twins fail to sign him to an extension past 2010. As is, Mauer and Martinez are far and away the top catchers set to be available next winter. A.J. Pierzynski, Gerald Laird and Bengie Molina are the best of the rest. Things don’t look any better two years down the line. Yadier Molina has a 2012 option that’s sure to be picked up. Jorge Posada will be a free agent, but it’s doubtful that he’ll be a catcher in 2012. Brian McCann and Russell Martin are still three years away from free agency (four for McCann if his option is picked up).
Odds are that a Mauer deal will get done, and that could spur the Red Sox into action with Martinez. However, there’s another factor that weighs heavily that will be overlooked by some:
2. Martinez’s current contract is extremely friendly for luxury-tax purposes.
I touched on this subject back in December.
With all of their recent moves, the Red Sox are in danger of having to pay the luxury tax for the first time since 2004. An extension for Martinez wouldn’t necessarily add anything to the team’s 2010 payroll, but it would immediately raise Martinez’s luxury tax figure from $7.68 million and replace it with his new average annual salary (with the 2010 salary still factoring into the mix). Since it would likely take at least $12 million per year to sign Martinez, the jump could push the Red Sox over the top.
So, even if it costs a few extra million dollars then, the Red Sox would likely be better off waiting until next winter to re-sign Martinez.

Cubs, Jake Arrieta to discuss contract extension in January

CHICAGO, IL - AUGUST 29: Jake Arrieta #49 of the Chicago Cubs scratches his beard as he walks back to the dugout at the end of sixth inning after giving up a three run home run to Gregory Polanco #25 of the Pittsburgh Pirates (not pictured) at Wrigley Field on August 29, 2016 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Per ESPN’s Jesse Rogers, Jake Arrieta‘s agent Scott Boras says they’ll discuss a potential contract extension with the Cubs when they meet in January to hammer out arbitration figures.

Arrieta, 30, is entering his third and final year of arbitration eligibility after earning $10.7 million in 2016. The right-hander followed up his Cy Young Award-winning 2015 campaign by going 18-8 with a 3.10 ERA and a 190/76 K/BB ratio in 197 1/3 innings during the regular season. Arrieta pitched well in the postseason, helping the Cubs win their first World Series since 1908.

While Boras clients tend to go to free agency, it’s not always the case. Stephen Strasburg inked a seven-year, $175 million extension with the Nationals earlier this year.

Report: Koji Uehara close to signing with the Cubs

BOSTON, MA - OCTOBER 10:  Koji Uehara #19 of the Boston Red Sox pitches in the eighth inning against the Cleveland Indians during game three of the American League Divison Series at Fenway Park on October 10, 2016 in Boston, Massachusetts.  (Photo by Maddie Meyer/Getty Images)
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Evan Drellich of the Boston Herald reports, citing a source as well as Nikkan Sports, that reliever Koji Uehara is close to signing a one-year, $4.5 million deal with the Cubs.

Uehara, 41, finished the 2016 season with a 3.45 ERA and a 63/11 K/BB ratio over 47 innings. He missed some time in the second half with a strained right pectoral muscle. When Uehara returned from the disabled list on September 7, he tossed 11 scoreless innings with 12 strikeouts and two walks through the end of the regular season. So there’s at least some evidence, albeit in a very small sample size, that Uehara has stuff left in the tank.

The Cubs recently acquired closer Wade Davis from the Royals. Uehara would join Hector Rondon, Pedro Strop, Carl Edwards, Jr., Justin Grimm, and Mike Montgomery in what is once again a very deep bullpen.