Glen Perkins was already under team control through 2015, with a team option for 2016, but the Twins and their 31-year-old closer have agreed to an extension that runs through at least 2017.
Perkins is a Minnesota native who starred for the University of Minnesota and is very active in local charities (along with being a really good, fan-friendly follow on Twitter), so it’s no surprise that he wants to stick around long term.
As part of the reworked contract/extension Perkins will get $4.025 million this season, $4.65 million in 2015, $6.3 million in 2016, and $6.5 million in 2017, with a $6.5 million team option for 2018.
Perkins has established himself as one of baseball’s best left-handed relievers since moving to the bullpen full time in 2011, posting a 2.45 ERA and 220 strikeouts in 195 innings during that time. Last season, in his first year as a full-time closer, he saved 36 games with a 2.30 ERA and 77/15 K/BB ratio in 63 innings while making his first All-Star team.
Helluva pitcher, helluva person, and helluva reasonable contract for the Twins.
LAKE BUENA VISTA, Fla. — Orioles third baseman Manny Machado will become a free agent after the 2018 season and there has been no suggestion that the O’s and their young star have worked on a contract extension, strongly suggesting that Machado will test the open market next offseason.
While the Orioles have not said much about keeping him or trading him, yesterday considerable chatter filtered out here at the Winter Meetings suggests that they are serious about trading him now in order to get more than a draft pick in return when he eventually leaves Baltimore.
Jon Heyman reported yesterday that the Cardinals were a possible landing spot, and others have speculated that, at the moment, they’re the frontrunners for his services. Buster Olney, in a development that would make people go insane, I suspect, that the Yankees have expressed interest. It seems highly unlikely, though, that the Orioles would trade Machado within the division. Even if they did, they’d likely expect a premium from the Yankees that they would be unwilling to pay, especially given that they could easily wait Machado out until he was a free agent next year and give up nothing but cash for him. A couple of days ago we noted that the Phillies had expressed interest and the Orioles were doing their due diligence with respect to their farm system.
As far as the possible parameters of a deal, Ken Rosenthal reported that the O’s hope to acquire at least two controllable young starters in return. That’s a high price for a one-year Machado rental, but it makes sense for the Orioles to ask it. For Machado’s part, he reportedly wants to return to his original position, shortstop. He does not have no-trade protection, of course, so that may be a wish that is not fulfilled.
Machado had a down 2017, hitting .259/.310/.471, but still hit 33 homers and drove in 95 runs. In the two years prior, however, he posted OPSs of .876 and .861, and he’s still just 25. All of which is to say that the price for a team to acquire him will be high, even if he’s entering his walk year.