Matt Cain and Giants have “plenty of mutual interest” in contract extension

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Matt Cain is one season away from hitting the open market as a 28-year-old free agent and told Andrew Baggarly of CSNBayArea.com that he’s unlikely to discuss a long-term contract extension once spring training is over.

“We’d all like something resolved by the end of spring training,” Cain said. “I don’t think either side wants that to linger into the season.”

Baggarly describes the two sides as having “plenty of mutual interest” in an extension, but barring a major injury Cain is likely in line for a $100 million deal as a free agent.

His win-loss records have typically been underwhelming because of poor run support, but Cain has thrown 200-plus innings in five straight seasons while posting ERAs of 3.65, 3.76, 2.89, 3.14, and 2.88. Rarely does a starting pitcher of that quality become a free agent at such a young age–he debuted at age 20–so it’s hard to imagine Cain not being able to get at least a six-year deal for huge money.

Report: Red Sox expected to announce J.D. Martinez signing on Monday

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Tomorrow will mark a week since the Red Sox reportedly inked outfielder J.D. Martinez to a five-year, $110 million contract. The signing hasn’t been made official yet, however, due to an apparent medical issue. That will change tomorrow morning as the Red Sox have a press conference scheduled with Martinez where they’re expected to announce the signing at long last, Evan Drellich of NBC Sports Boston reports.

According to Jon Heyman of FanRag Sports, the terms of the deal aren’t expected to change. Presumably, the Red Sox had some safeguards put into the contract to protect them against whatever spooked them with the results of Martinez’s physical.

Martinez, 30, was the top free agent hitter after batting .303/.376/.690 with 45 home runs and 104 RBI in 489 plate appearances last season with the Tigers and Diamondbacks. He has expressed an interest in continuing to play in the outfield, but MLB.com’s Ian Browne says he will get a majority of his playing time as a DH with the Red Sox. Hanley Ramirez will share first base with Mitch Moreland.