The details of the Holliday deal

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In the excitement of the announcement of the Matt Holliday deal, the Randy Johnson retirement announcement and what was probably one of the least inspiring BCS bowl matchups in recent years, I neglected to break down the details of the Holliday contract, but they’re as follows:

  • Holliday will receive $17 million for each season from 2010-2016;
  • If he finishes in the top-10 in MVP
    balloting in 2016, a $17 million option vests for 2017. There is a $1 million buyout if the option does not vest;
  • Calling it an “option” however, may be a misnomer. There is no club discretion here: if he finishes 10th or better in the MVP voting, he gets it. I guess it could be a player option, but those of you who think that a 37 year-old Matt Holliday will be in a position to decline a check for $17 million probably need to get some professional help;
  • He
    has full no-trade protection.

All in all, it’s a guaranteed value of $120 million,  with a potential
value of $136 million. 

Personally, I would love to hear how this negotiation went.  If, say, the Cardinals had offered him six years and $90 million, what would Holliday have done?  What other team would have come in with that money?  Did they even try? We never really know how these sorts of things go, but unless we learn that some other team was really and truly bidding on Holliday — and to date we’ve had no credible reports of a competitor for his services — I’m forced to believe that the Cardinals bid against themselves. 

No matter the case, nice deal Boras. You got your guy the contract not many people thought he’d ever get. 

Cardinals extend José Martínez through 2020

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First baseman/outfielder José Martínez agreed to a two-year contract extension with the Cardinals on Saturday, per a team announcement. MLB Network’s Jon Heyman reports that Martínez will receive $3.25 million in the deal plus incentives if he earns a more stable place within the starting lineup.

Martínez, 30, played 887 games in the minors before making his major-league debut with the Cardinals at the tail end of the 2016 season. The veteran first baseman has been nothing but productive in the three years since his debut, however, and turned in a career-best performance in 2018 after slashing .305/.364/.457 with 17 home runs, an .821 OPS, and 2.3 fWAR through 590 plate appearances. While he brings some positional flexibility to the table, he’ll be forced to compete against Dexter Fowler and Tyler O'Neill for a full-time gig in right field this year, as Paul Goldschmidt currently has a lock on first base.

According to Derrick Goold of the St. Louis Post-Dispatch, the extension wasn’t solely precipitated by Martínez’s productivity in the majors, but by a competing offer from an unnamed Japanese team over the offseason. Goold adds that Martínez would have earned “significantly more than he would in the majors” had the club sold his rights. In the end, they ultimately elected to ink him to a more lucrative deal themselves. He’ll be eligible for arbitration in 2020.