Indians finalize $16.5 million deal with Asdrubal Cabrera

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Asdrubal Cabrera and the Indians have agreed to a two-year, $16.5 million contract extension, with an official announcement today that he’ll make $6.5 million in 2013 and $10 million in 2014.

Cabrera was already under contract for $4.55 million this season after avoiding arbitration with a one-year deal and would have been arbitration eligible for the final time in 2013, so a two-year contract pre-pays for that and also buys out his first year of free agency in 2014.

Cabrera hit .273 with 25 homers in 151 games last season after hitting .284 with a grand total of just 18 homers in his first 387 games. However, his .794 OPS last year wasn’t that far out of line from his previous .741 career mark and at age 26 he’s right in the middle of his prime.

Obviously the Indians are betting that Cabrera’s out of nowhere power breakout last season was legitimate, or at least suggests he’ll maintain more power than he showed prior to 2011, but even if that proves to be a one-year fluke his defense and on-base skills are plenty valuable too.

Cabrera gets a big chunk of guaranteed money, the Indians delay his free agency for another year, and he can still hit the open market as a 29-year-old.

Rougned Odor received two horses as part of his contract extension with Rangers

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Rangers second baseman Rougned Odor reached an agreement with the Rangers on a six-year, $49.5 million contract extension. It was announced on Saturday and finalized on Thursday. The contract is pretty typical — a signing bonus, escalating salaries each year — except for one thing: Odor received two elite horses as well, Evan Grant of the Dallas Morning News reports.

Here are those horses, per Jared Sandler of 1053 The Fan:

Players do sometimes get perks as part of their contracts. Usually it’s mundane stuff like extra game tickets for family and friends, use of a suite, limo rides, or plane tickets. Sometimes they can get rather specific. For example, in 2005, Troy Glaus got $250,000 per year in “personal business expenses” from the Diamondbacks, which was for his wife’s equestrian training. Hall of Famer George Brett got a 10 percent stake in an apartment complex in Memphis when he signed an extension with the Royals in the mid-1980’s. But as far as my research was able to go, no one received any horses, so that’s new.

Of course, the Rangers certainly think Odor is worth the perks. Last season, Odor hit .271/.296/.502 with 33 home runs, 88 RBI, 89 runs scored, and 14 stolen bases in 632 plate appearances. And at just 23 years old, he has plenty of room to improve.

Mariners sign Mark Lowe

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The Mariners have signed reliever Mark Lowe, ESPN’s Jerry Crasnick reports. The Tigers released him on Sunday.

Lowe, 33, is entering the last of a two-year, $11 million deal signed with the Tigers in December 2015. The right-hander struggled to a 7.11 ERA with a 49/21 K/BB ratio in 49 1/3 innings last season. His performance this spring didn’t do much to inspire confidence.

Lowe began his major league career with the Mariners, breaking out in 2009 with a 3.26 ERA across 80 innings. He has been inconsistent throughout most of his 11-year big league career, however.