Dallas Keuchel‘s agent Darek Braunecker told MLB Network Radio in early January that he had not engaged in any long-term contract negotiations with the Astros’ front office. Two weeks later, the sides reached a one-year, $7.25 million agreement, avoiding a salary arbitration hearing. So was a bigger financial commitment ever discussed?
Evan Drellich of the Houston Chronicle has the answer, writing in his offseason review that the “Astros and Keuchel have had substantial talks about extensions [this winter] … but to no avail.”
Keuchel carries all the leverage in the world after winning the 2015 American League Cy Young Award with a 2.48 ERA, 1.017 WHIP, and 216/51 K/BB ratio in 232 innings. He also made three appearances in the postseason to a 2.57 ERA in 14 frames.
Keuchel’s $7.25 million salary for 2016 will be a record for a player in his first year of arbitration eligibility. Locking up some of his free agent years (2019, 2020, 2021, etc.) would likely take a commitment of $120 million or more.
Houston has the 28-year-old left-hander under contractual control through 2018, and it sounds like the plan is to go season-to-season with his salaries.
He’ll remain a huge value to a good-looking Astros team.