What does a 25-year-old reigning MVP get in his first year of arbitration eligibility?
Apparently $8 million, which is what Buster Posey and the Giants settled on for a one-year contract to avoid arbitration.
As a “Super Two” player Posey has four years of arbitration eligibility rather than the usual three, so he remains under the Giants’ control through 2016.
The one-year deal is mostly just a formality to avoid a hearing, but Andrew Baggarly of CSNBayArea.com writes that the two sides will probably talk about a multi-year deal at some point before spring training begins.
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?”