J.J. Hardy and the Orioles agree to contract extension

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J.J. Hardy cut off contract extension talks with the Orioles when the two sides couldn’t come to an agreement by the end of spring training, but now Ken Rosenthal of FOXSports.com reports that Baltimore is close to signing the impending free agent shortstop to a new deal.

According to Rosenthal it’s a three-year deal worth at least $40 million and includes a fourth-year option.

Announcing a contract extension one day before the ALCS is odd timing, especially after Hardy and the Orioles avoided talks throughout the regular season, but with free agency right around the corner and plenty of teams in need of a good all-around shortstop–chief among them the Yankees–Baltimore obviously didn’t want to see him hit the open market.

Hardy was acquired from the Twins in a lopsided 2011 trade and then signed a three-year, $22.5 million extension to stay with the Orioles. In four total seasons in Baltimore he’s hit .259 with a .720 OPS while consistently rating among the best defensive shortstops in baseball.

Fan Graphs says he’s been worth an average of $17 million per season for the past four years, so the Orioles got a huge bargain on Hardy from 2011-2014 and maintaining that level of performance would make the new contract a relative bargain as well. However, this new deal will begin with his age-32 season and that’s always a big risk for shortstops.

The deadline is 8 PM ET Monday for Shohei Ohtani situation to be resolved

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Last Thursday, we learned that the MLBPA was challenging the Nippon Professional Baseball posting system, delaying Japanese superstar Shohei Ohtani’s move to Major League Baseball. The latest collective bargaining agreement removed a lot of the incentive for players to come to the U.S. by capping pay. Ohtani, for example, can only receive a signing bonus between $300,000 and $3.53 million while his team — the Nippon Ham Fighters — would receive $20 million for posting him.

Jon Morosi reports that the deadline for this issue to be resolved is 8 PM ET on Monday evening. He notes that key NPB officials have worked through the night in Japan to try to reach a resolution. It is possible that even if no agreement is reached, the deadline could be pushed further back.

Ohtani, 23, has become a heralded hitter and pitcher in Japan. At the plate over his five-year career, he has compiled a .286/.358/.500 triple-slash line with 48 home runs and 166 RBI in 1,170 plate appearances. On the mound, he has a 2.52 ERA with a 624/200 K/BB ratio across 543 innings.