Edwin Jackson went from $11 million last offseason to $52 million this offseason

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Last offseason Edwin Jackson was a 28-year-old free agent coming off a season in which he threw 200 innings with a 3.79 ERA and 148/62 K/BB ratio. He wanted a long-term contract, but ended up settling for a one-year, $11 million deal from the Nationals.

This offseason Edwin Jackson is a 29-year-old free agent coming off a season in which he threw 190 innings with a 4.03 ERA and 168/58 K/BB ratio. He wanted a long-term contract and got it, agreeing to a four-year, $52 million deal with the Cubs.

Setting aside what you think Jackson is actually worth as a free agent, the difference between what he got 12 months ago and what he got this week is very interesting. What changed in that one year? How did Jackson raise his market value that much via one season that was arguably worse than his 2011 and pretty standard for him overall.

Right place at the right time, perhaps. More money flowing across MLB thanks to local and national television deals, perhaps. But still.

Report: Pirates sign Felipe Rivero to four-year contract extension

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Ken Rosenthal of The Athletic reports that the Pirates will sign reliever Felipe Rivero to a four-year contract extension that includes two club options. The total value of the deal is believed to be $22 million and each club option is worth $10 million.

Rivero, 26, did not come to an agreement with the Pirates to avoid arbitration in his first year of eligibility ahead of last Friday’s deadline. He requested a $2.9 million salary for the 2018 season while the Pirates countered at $2.4 million. This extension will cover all four years of Rivero’s arbitration eligibility and the two club options can cover his first two years of free agency as well.

Rivero was one of baseball’s best relievers last season, finishing with 21 saves, a 1.67 ERA, and an 88/20 K/BB ratio in 75 1/3 innings. The Pirates acquired him from the Nationals along with minor leaguer Taylor Hearn ahead of the 2016 non-waiver trade deadline in the Mark Melancon deal.

Presumably, Rivero’s extension was in the works before he knew anything about the Andrew McCutchen trade. He made a couple of tweets following this afternoon’s news. In one, he used only the “facepalm” emoji. The other was a .gif of The Office character Jim Halpert yelling, “What is going on?”