Felix Hernandez, Mariners on verge of a $175 million contract extension

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Bob Nightengale of USA Today reports that Felix Hernandez and the Mariners have agreed to a seven-year, $175 million contract extension.  The contract will make him the highest paid pitcher in baseball history, both in overall contract and in average annual value.

The Mariners will tear up his current deal, which was to pay him $19.5 million this year, and replace it with the new one. It will pay him, on average, $25 million a year through 2019. It’s not known yet if the contract amount increases over time or if it’s a flat $25 million a year.

Hernandez is 98-76 with a 3.22 ERA and 1,487 strikeouts and 480 walks in 1620.1 innings across eight seasons.  But of course, he still doesn’t turn 27 until April.  This deal, therefore, only take him into his age 34 season.  If he holds up physically, he may get another sizable deal before he’s through.

Mets sign Jose Lobaton to minor league deal

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The Mets signed catcher Jose Lobaton to a minor league contract, the team announced Friday. The deal includes an invitation to spring training, where it’s assumed Lobaton will be in the mix for a backup role behind Travis d'Arnaud and Kevin Plawecki.

Lobaton, 33, is coming off of a four-year stint with the Nationals. He put up his worst career numbers in 2017, producing -0.6 fWAR after slashing just .170/.248/.277 with four home runs in 158 plate appearances. While he’ll give the Mets little to work with at the plate, his near-decade of experience behind the dish should make him a decent emergency option, if nothing else.

In the meantime, the Mets are expected to roll with a d’Arnaud/Plawecki platoon to start the season. Both catchers saw slight upticks in value over the 2017 season: d’Arnaud turned in 0.8 fWAR after hitting a career-high 16 home runs, while Plawecki collected 0.6 fWAR and three homers after raising his batting line over the Mendoza Line for the first time since 2015.