Blue Jays nearing five-year, $65M extension with Bautista

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UPDATE, 8:46 PM: Now Ken Rosenthal of FOXSports.com is reporting that the extension carries a $13 million club option for a sixth season. So it appears that $65 million of the new contract will be guaranteed.

8:39 PM: Forget the minor ankle injuries. There might be real news out of Blue Jays camp tonight.

According to Enrique Rojas of ESPN Deportes, Toronto is nearing agreement on a five-year, $65 million contract extension with Jose Bautista.

Initial reaction? It’s a big amount of money and a risky commitment for a guy who entered the 2010 season with a .729 career OPS to his name. Bautista was a journeyman during the first several years of his career and the Jays have now decided to reward him handsomely after his first breakout campaign.

Bautista led the major leagues in home runs (54) last year and tallied a cool 124 RBI against a .995 OPS. All of those numbers were career highs, however, and his batting line in 2009 looked far different.

Maybe Bautista really discovered something when he revamped his approach at the plate last spring and maybe he’ll be able to sustain his 2010 level of production over the course of the new deal, but it does seem unlikely. The Jays probably would have been better off reaching a one-year agreement with him this winter and allowing the 2011 season to play out. Bautista, 30, was in his final year of arbitration eligibility.

The Marlins made an empty threat. Giancarlo Stanton made an empty promise.

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I covered the main press conference about Giancarlo Stanton earlier, but afterward he and his agents fanned out to various TV shows, radio shows and reporter scrums from which some new, fun things have spun out. Part of what they’ve talked about is silly and meaningless, part of it just meaningless.

Here’s the silly and meaningless, from a Marlins official, apparently, trying to bully Stanton into accepting either the Giants or the Cardinals trades despite the fact that he told them beforehand that he was not willing to go to either of those teams:

This is silly because it comes off like a threat. Like the worst possible thing that can happen to a guy is to stay with the very team that is making the threat. It’s like telling your wife that if she does not leave you, she’s stuck with you forever.

It’s meaningless too, in that Stanton has an opt-out clause after 2020. If the Marlins could not make a trade Stanton would approve, he’d simply collect close to $90 million and then leave at age 30. Oooh, don’t throw me into that briar patch, Mr. Jeter!

Not that Stanton’s people are offering statements of serious gravitas. His agent was asked about Stanton’s opt-out rights, which he retains even though he’s now with the Yankees:

That may very well be true! He just got here and everything is going great so far. It’s totally empty, of course, because anything can happen between now and the fall of 2020. If the big time free agents of the next two years sign for the sort of money that makes Stanton look underpaid, he’ll certainly opt-out, even if he wants to stay with the Yankees. Ask Alex Rodriguez and CC Sabathia how that works. The opt-out clause is pure, unadulterated leverage for a player and unless he totally craters over the next three seasons he’ll most certainly use it, regardless of present desires.

Which, hey, that’s how things work when a big trade or free agent signing happens. Everyone who has lost looks bad and everyone who won sounds happy. Then, later, the baseball happens.