Cubs finalize $60 million extension with Starlin Castro

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Making official what was first reported two weeks ago, the Cubs have finalized a seven-year, $60 million contract extension with shortstop Starlin Castro that includes a team option for 2020.

Castro is making the minimum salary this season and would have been arbitration eligible for the first time next year. And as a “Super Two” player he would have had four total seasons of arbitration eligibility before reaching free agency.

All of which means the seven-year extension covers all four arbitration seasons and his first three free agent seasons while giving the Cubs a $16 million option or $1 million buyout on his fourth free agent year. Carrie Muskat of MLB.com has the year-by-year breakdown:

Signing bonus: $6 million
2013: $5 million
2014: $5 million
2015: $6 million
2016: $7 million
2017: $9 million
2018: $10 million
2019: $11 million
2020: $16 million option or $1 million buyout

Compared to his rookie and sophomore campaigns Castro has taken a step backward this season, hitting .276 with a .729 OPS, but he’s already reached a career-high with 12 homers in 127 games and at age 22 there’s still plenty of room for further development.

Castro already has 1,761 career plate appearances with a month to go in his age-22 season. In the history of baseball the only shortstops with more plate appearances through age 22 are Robin Yount, Edgar Renteria, Alex Rodriguez, Elvis Andrus, Arky Vaughan, and Travis Jackson. If he turns out to be as good as the worst player on that list the Cubs will have gotten a bargain in Castro’s extension, which covers the rest of his twenties.

Robinson Cano hit his 300th home run last night

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Last night Robinson Cano hit a solo homer in the ninth inning of the Mariners’ loss to the Texas Rangers. It was his 22nd on the season. Though it was insignificant to the outcome of that game, it was significant to Cano: it was his 300th career homer.

While we’ve become accustomed to not caring much about home run milestones south of, say, 500, 300 homers for Cano is a big deal, as he’s only the third second baseman to cross that threshold in baseball history. The other two: Jeff Kent, at 377, and Rogers Hornsby at 301.

Cano, who turns 35 next month, has a career line of .305/.354/.495 and 1,179 RBI, 512 doubles and 33 triples to go with those bombs. He’s in his 13th big league season and still has six more years left on his deal with the Mariners. He’s averaged 24 homers a year since coming to the Mariners. While he’ll obviously trail off at some point — and while great second baseman’s have this weird habit of just suddenly falling off a cliff — it’s highly likely that he’ll finish his career as the all-time home run leader among second baseman. If he remains healthy he should also get over 3,000 hits in his career.

Cooperstown, here he comes.

Reds sign catcher Tucker Barnhart to a four-year deal

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Mark Sheldon of MLB.com reports that the Reds have signed catcher Tucker Barnhart to a four-year contract extension. The terms: $16 million total, with a $7.5 million club option for the 2022 season that has a $500,000 buyout. He also received a $1.75 million signing bonus.

The deal buys out all three of his arbitration years — he was going to be eligible for the first time this offseason — and the first year of his potential free agency. The club option buys a second. Barnhart made $575,000 this season.

Barnhart, 26, is finishing his second season as the Reds primary catcher. This year he’s hitting .272/.349/.399 with six homers and 42 RBI in 113 games. For his career he has a line of .257/.328/.366 in 330 major league games. His real value is defensive, however. He leads the National League in caught stealing percentage and number of base stealers caught (31-for-70, 44%) and leads all players at any position in the league in defensive WAR according to Baseball-Reference.com.