Cardinals sign Allen Craig to $31 million contract extension

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Allen Craig was very productive as a part-timer in 2011 and had a breakout year stepping into the starting lineup last season, and now the Cardinals have locked him up long term.

Craig has agreed to a five-year contract that includes a team option for 2018, so he’s now under the Cardinals’ control through age 33. Derrick Goold of the St. Louis Post Dispatch reports that the deal is worth $31 million in guaranteed money.

While technically a five-year deal, the contract includes this season and then covers all three of Craig’s arbitration-eligible seasons (2014-2016) plus his first season of free agency (2017). And then the Cardinals get an option year on his second season of free agency (2018).

It’s a big commitment to a guy who didn’t play regularly in the majors until age 25, but Craig has been one of the best hitters in baseball over the past two seasons while batting .309 with 33 homers, 50 doubles, and an .889 OPS in 733 plate appearances. Among all MLB hitters with at least 600 plate appearances during that time Craig ranks 12th in batting average, 14th in slugging percentage, and 18th in OPS.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.