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.
The Giants have acquired All-Star infielder Eduardo Nunez from the Twins in exchange for minor league pitcher Adalberto Mejia, the club announced on Thursday night.
Nunez, 29, went 0-for-4 in Thursday night’s game against the Orioles. He’s hitting .296/.325/.439 with 12 home runs, 47 RBI, 49 runs scored, and a league-best 26 stolen bases in 391 plate appearances this season. Nunez has played mostly at shortstop this season, but has also logged significant time at third base and a handful of games at second base, so he’ll give the Giants some versatility.
Nunez will likely play a lot of third base for the Giants as Matt Duffy is still sidelined with a strained left Achilles. He’s earning $1.475 million this season and will enter his third and final year of arbitration eligibility heading into 2017.
Mejia, 23, was considered the Giants’ seventh-best prospect by MLB Pipeline. He earned a promotion to Triple-A Sacramento last month after posting a 1.94 ERA with Double-A Richmond. In seven starts with Sacramento, he has a 4.20 ERA with a 43/11 K/BB ratio in 40 2/3 innings.
With a roster spot open, the Twins called up infield prospect Jorge Polanco from Triple-A Rochester, per MLB.com’s Rhett Bollinger.
Bob Nightengale of USA TODAY reports that the Mariners have received “strong” trade interest for starter Taijuan Walker. The right-hander is currently on the mend from tendinitis in his right foot. He’ll throw a bullpen on Friday at Wrigley Field with scouts in attendance.
Walker, 23, has a 3.66 ERA with an 80/18 K/BB ratio in 86 innings this season. It’s his first bit of sustained success at the major league level. What’s arguably just as intriguing is the fact that Walker will be under team control through 2020.
The Mariners have been hovering around .500 for the last month and entered Thursday six games behind the first-place Rangers in the AL West and 4.5 games out of the second AL Wild Card slot, behind three other teams as well as the two Wild Card leaders. It’s enough uncertainty which could push the Mariners to sell.