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Justin Verlander and Tigers agree to $180 million contract

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Justin Verlander was eligible for free agency after the 2014 season, but the former MVP and the Tigers have agreed to a five-year contract extension that will keep him in Detroit through at least 2019.

Verlander was already under contract for $20 million this season and $20 million next season as part of a deal signed in December of 2010. This extension will begin in 2015 and includes a sixth-year option for 2020, which would be Verlander’s age-37 season.

According to Buster Olney of ESPN.com the total value of the deal if his existing 2013 and 2014 salaries are included is $180 million and the contract could be worth as much as $202 million if the 2020 option gets picked up. Which, if I’m doing the math correctly before official numbers are released, essentially means the five-year extension is worth $140 million or $28 million per season.

Huge, huge money, as $180 million tops Felix Hernandez’s short-lived record for pitchers of $175 million, although the stage is still set for Clayton Kershaw to become the first $200 million pitcher.

Verlander won the Cy Young and the MVP in 2011, finished runner-up for the Cy Young last season, and led the league in innings pitched in three of the past four years. During that four-year stretch of 2009-2012 he led all MLB pitchers in wins, starts, strikeouts, and Wins Above Replacement while ranking second in innings and fifth in both ERA and strikeout rate.

Massive long-term commitments to pitchers are awfully scary no matter the circumstances–with this week’s Johan Santana news providing the most recent cautionary tale–but no pitcher has been better or more durable than Verlander through age 29.

Padres sign Trevor Cahill

Chicago Cubs relief pitcher Trevor Cahill (53) during the seventh inning of Game 3 in baseball's National League Division Series against the St. Louis Cardinals, Monday, Oct. 12, 2015, in Chicago. (AP Photo/Paul Beaty)
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The Padres have signed Trevor Cahill to a one-year, $1.75 million contract.

As recently as the middle of the 2015 season it looked like Cahill’s career would meet a premature end, but after being released by the Braves and signing with the Cubs in August of that season he has been a remarkably effective reliever. He has posted a 2.61 ERA in 61 games in Chicago and has posted a strikeout rate far above his career norms.

He’s not someone you necessarily want taking the hill when the leverage is high, but in San Diego the leverage won’t be all that high all that often.

Justin Verlander: “I’m too old to be part of a rebuilding process”

DETROIT, MI - JULY 20: Justin Verlander #35 of the Detroit Tigers pitches in the eighth inning of the game against the Minnesota Twins on July 20, 2016 at Comerica Park in Detroit, Michigan. (Photo by Leon Halip/Getty Images)
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The Tigers have sent some mixed signals this winter. The offseason began with widespread reports that GM Al Avila was going to break up the team. Indeed, it was reported that he was willing to field offers for any and all players, on up to Justin Verlander and Miguel Cabrera.

As the offseason has unfolded, however, a rebuild has not materialized.

Avila traded away outfielder Cameron Maybin. He signed old friends Omar Infante and Alex Avila. He made the usual sorts of minor league signings every team makes to fill out the roster. Detroit still needs a center fielder and there continue to be rumors that outfielder J.D. Martinez and second baseman Ian Kinsler could be had for the right price, but it’s been pretty quiet at 2100 Woodward Avenue.

If that changes, however, and the Tigers do start to rebuild, there’s one key member of the team who doesn’t really want a part of it. From the Detroit Free Press:

Justin Verlander is 33 years and 330 days old.

He’s not that old.

But the Detroit Tigers ace right-hander – a 12-year major league veteran – is old enough in baseball years to know that he doesn’t really want to be part of a rebuilding process.

“Would it have been upsetting for me if we started trading away everybody?” he told MLB Network Radio on Friday morning. “I’m too old to be part of a rebuilding process.”

Verlander will make $28 million a year for each of the next three seasons and has a vesting option for 2020 if he finishes in the top 5 of the 2019 Cy Young vote. He had an excellent return-to-form in 2016, but his contract is still pretty big for a pitcher with his mileage, making it seem unlikely that he would be moved absent the team eating a huge portion of his salary. The same could be said for Miguel Cabrera who, despite still being one of the best hitters in baseball, is making between $28-32 million between now and 2023. A wonderful player, but an extraordinarily difficult contract to move. Both superstars have full no-trade protection as 10-5 men as well.

At the moment the rebuild does not seem to be materializing and the Tigers — as I think they should, probably — will enter 2017 aiming for the AL Central crown, not aiming at restocking their farm system.

But what will Verlander think, however, if the Tigers find themselves out of contention come May? What will he think if Ian Kinsler — a valuable player on a tradable contract — is sold off? Or Justin Upton? Or J.D. Martinez?

It’s worth watching.