Cardinals and Yadier Molina closing in on five-year, $70-75M extension

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UPDATE: Rosenthal reports that the two sides are closing in on a five-year deal in the $70-75 million range.

Molina would make $14-15 million per season if Rosenthal is correct, which would give him the second-highest AAV (average annual value) for a catcher ever behind Joe Mauer’s current eight-year, $184 million contract ($23 million).

As Rosenthal notes, only six catchers have ever signed long-term deals which averaged more than $10 million per season: Mauer, Mike Piazza, Jason Kendall, Jorge Posada, Ivan Rodriguez and Jason Varitek.

7:28 PM: Ken Rosenthal of FOXSports.com reports that the Cardinals and Molina are “very close” to agreeing on a five-year extension worth more than $60 million.

5:44 PM: Last week the Cardinals and Yadier Molina were said to be making good progress on a long-term contract extension and now Joe Strauss of the St. Louis Post Dispatch reports that “terms are all but finalized.”

According to Strauss an agreement is expected to be in place by Friday and “both sides are very optimistic.”

Molina is currently slated to be a free agent next offseason, finishing up a five-year, $21.75 million deal that has proven to be a bargain for the Cardinals. Most speculation about his new deal has guessed 4-5 seasons at $10-12 million per year, which would be one of the five largest contracts ever for a catcher.

Padres, Mariners join list of teams to extend netting

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The Reds announced earlier that they plan to extend the protective netting at Great American Ball Park in time for Opening Day next season. You can add the Padres and Mariners to what will surely be a growing list.

A young fan was struck in the face by a foul ball at Yankee Stadium on Wednesday, which gave new life to the netting debate. Some fans and media types think Major League Baseball is not doing enough to protect fans. While Major League Baseball has issued guidelines for protective netting, it is ultimately up to the teams to decide just how much netting to use.

Zach Britton receives stem cell injection, likely done for the season

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Orioles closer Zach Britton is likely done for the remainder of the 2017 season after receiving a stem cell injection in his left knee, Peter Schmuck and Jon Meoli of the Baltimore Sun report. Britton has been battling knee problems for most of the season.

The Orioles are still technically in the AL Wild Card race, entering play Thursday 5.5 games behind the Twins for the second Wild Card slot. With only nine games remaining, however, the 73-80 Orioles are likely being realistic about their chances and not taking any unnecessary risks with Britton.

Britton, 29, put up a 2.89 ERA with 15 saves and a 29/18 K/BB ratio in 37 1/3 innings this season. He will be eligible for arbitration for the fourth and final time this offseason.