Olney: MLB executives are “appalled” over the Miguel Cabrera extension

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The Tigers have reportedly reached agreement on an extension with Miguel Cabrera which will pay him $292 million over the next 10 years and keep him under contract through at least his age-40 season. If the deal is announced as a 10-year extension, it will be the biggest financial commitment in sports history. While both parties are obviously happy with the new mega-deal, ESPN’s Buster Olney hears that executives around MLB are in shock:

Cabrera is entering his age-31 season now, so it’s not exactly bold to say that this deal probably won’t look very good in the end. Yes, he’s the best hitter in the world right now, but players get old and decline and the odds are against him being the exception. There’s also the matter of timing, as he was already under contract for two more seasons. Was there really a sense of urgency to get this done at this very moment? There’s a ton of money in the game right now and there’s an argument to be made that the players aren’t getting enough of it, but this type of deal just feels unnecessary given his age and what he’s likely to be toward the end of it.

If there’s anybody who is probably peeved by the news of this extension, it’s the Angels. Sure, there have been extension discussions in recent months, but can you imagine what Mike Trout will (or should) demand after this? Oh boy.

Jake Arrieta to return to Cubs’ rotation on Thursday

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Cubs starter Jake Arrieta has been out over two weeks with a strained right hamstring, but he’s ready to return to action. The right-hander threw a bullpen on Tuesday and it went well, so he will start in Thursday’s series opener against the Brewers in Milwaukee, MLB.com’s Carrie Muskat reports.

Arrieta, 31, returns with a 14-9 record, a 3.48 ERA, and a 157/53 K/BB ratio in 160 1/3 innings. If he stays on schedule, he’ll make three starts through the end of the regular season, including the regular season finale on October 1 against the Reds.

Arrieta is expected to max out at 75-80 pitches on Thursday and will ramp up through the end of the month.

Cardinals activate Adam Wainwright from the disabled list

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The Cardinals announced ahead of Tuesday’s series opener against the Reds that pitcher Adam Wainwright has been activated from the 10-day disabled list.

Wainwright, 36, has been absent since mid-August due to a right elbow impingement. The Cardinals plan to use him out of the bullpen through the end of the season. Prior to the injury, the right-hander posted a disappointing 5.12 ERA with a 96/44 K/BB ratio in 121 1/3 innings.

Wainwright is under contract for one more year at $19.5 million before becoming eligible for free agency.