Blue Jays sign Adam Lind to four-year, $18 mil. extension

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Adam Lind headshot.jpgUpdate: Yep, still a bargain. Bastian has the deets on the three option years:

Lind’s contract: 2014 – $7 mil or $2 mil buyout,
2015 – $7.5 mil or $1 mil buyout, 2016 – $8 mil or $500K buyout

In other words, seven years, $38.5 million. Wow. Nice change of pace from the inflated deals handed out to Vernon Wells and Alex Rios, huh?
 
1:08 pm: Bastian writes that Lind will earn $400,000 in 2010 along with a $600,000 bonus. He’ll make exactly
$5 million in each of the 2011-13 seasons. The contract includes a $2 million buyout for the first club option in 2014, giving him $18 million
guaranteed.
Still waiting for the details on the club options.

12:40 pm: According to Jordan Bastian of MLB.com, the Blue Jays have signed designated hitter Adam Lind to a four-year, $18 million contract extension. The team made the announcement at a press conference on Saturday afternoon. The extension will cover all three of his arbitration seasons.

Jon Paul Morosi of FOXSports.com reports that the deal includes club options for the 2014, 2015 and 2016 seasons. Three club options are wholly unique of and (potentially) provides the Blue Jays with quite a bit of payroll stability for the future. Kudos to Alex Anthopoulos.

Lind, 26, batted .305/.370/.562 with 35 homers, 114 RBI and a 932 OPS last season.

The Marlins are “willing to engage” on trade talks for Giancarlo Stanton

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Jon Morosi hears that the Marlins are “willing to engage with other teams” on a possible Giancarlo Stanton trade.

As we noted yesterday, Stanton has cleared revocable waivers, so he’s eligible to be dealt to any club. The price for Stanton is likely to be high given that he’s enjoying a career year, batting .285/.376/.646 with a league-leading 44 home runs and 94 RBI in 116 games this season. He’s also, obviously, the cornerstone of the franchise.

You also have to assume that anyone looking to acquire Stanton would want the Marlins to chip in money on his $285 million contract. If not, someone might’ve simply claimed him on waivers with the hope that the Marlins would simply let him walk, right? Which suggests that any negotiation over Stanton would be a long and difficult one. It might also involve Stanton agreeing to restructure his deal, which currently gives him an opt-out after the 2020 season. That would likely involve the MLBPA as well, which just makes it all the more complicated.

I think it’s a long shot that the Marlins would trade Stanton in-season, but it’s not hard to imagine him being traded this winter.

Jered Weaver announces his retirement

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Jered Weaver, a 12-year big league veteran and a three-time All-Star, has announced his retirement.

Weaver was struggling mightily with the Padres this year, going 0-5 in nine starts and posting a 7.44 ERA,, a 2.6 BB/9 and 4.9 K/9 ratio over 42.1 innings. He hadn’t posted a sub-4.00 ERA since 2014 and his velocity had, quite famously, sunk into the low 80s and even high 70s at times in recent seasons. A spate of physical setbacks contributed to that, with a hip inflammation ailing him this season and nerve issues in his neck and back afflicting him for the past few years.

But even if his recent seasons have been less-than-memorable, it’s worth remembering that he was, for a time, one of baseball’s best pitchers. He posted a record of 131-69 with a 3.28 ERA in his first 9 seasons, leading the American League in strikeouts in 2010 and leading the circuit in wins in 2012 and 2014. He likewise led the league in WHIP and hits allowed per nine innings in 2012.

He finishes his career with a record of 150-98, an ERA of 3.63 (ERA+ of 111) and a K/BB ratio of 1,621/551 in 2,067.1 innings. He pitched in four American League Division Series and the 2009 ALCS, posting a 2.67 ERA in seven playoff games pitched.

Happy trails, Jered. A first-ballot induction into the Hall of He Was Really Dang Good, Even if We Forgot About It For A While is in your future.