Cardinals ink Adam Wainwright to five-year, $97.5 million deal

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FOX Sports’ Ken Rosenthal reports that the Cardinals have signed Adam Wainwright to a five-year contract extension worth $97.5 million. That’s an average annual salary of $19.5 million, which isn’t bad value for a guy who has been an ace in the past and is likely to be an ace again moving forward.

Wainwright was scheduled to become a free agent after the 2013 season. Now he’ll be property of the Cardinals through at least the 2018 campaign.

The 31-year-old right-hander posted a 3.94 ERA, 1.25 WHIP and 184/52 K/BB ratio across 198 2/3 innings in 2012 after recovering successfully from Tommy John reconstructive elbow surgery surgery. He owns a 3.15 career ERA and a 1.21 career WHIP.

“Waino” has registered a 3.00 ERA and 18/6 K/BB ratio in 27 Grapefruit League innings this spring.

Video: Jake Arrieta hits a 465-foot home run off of Zack Greinke

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Jake Arrieta‘s bat is in midseason form already. The Cubs’ ace swatted a solo home run to center field off of Zack Greinke in Thursday afternoon’s Grapefruit League exhibition game, his first homer of the spring.

The blast went 465 feet, according to MLB.com’s Daren Willman.

Arrieta has hit two home runs in each of the past two seasons. Madison Bumgarner (eight) and Noah Syndergaard (four) are the only other pitchers to match or exceed his output in that department.

Greinke, meanwhile, is hoping to bounce back after a miserable 2016 season. He finished with an uncharacteristic 4.37 ERA in 26 starts in his first year with the Diamondbacks.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.