Mauer contract a big risk the Twins had to take

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Joe Mauer’s new eight-year extension is worth $100 million more than any other contract the Twins have ever handed out and committing to pay a catcher $23 million per year through his age-35 season in 2018 represents a massive amount of risk.
With that said, it was a no-brainer.
First and foremost, if reasonably healthy Mauer should be worth the $23 million per season for most of the deal. Through his first five full seasons in the majors Mauer was worth an average of $22 million per year according to Fan Graphs’ player valuation system, including $26 million in 2008 and $36.6 million while winning the AL MVP in 2009.
As a catcher with previous knee and back injuries Mauer is at a far higher risk to decline or age poorly than most players, but it’s tough to worry too much about how the deal might look come 2017 or 2018 when the Twins’ new ballpark is opening next month. After all, Target Field was built in large part to help the Twins increase their revenue and payroll enough to support retaining star players as they neared free agency.
As a 27-year-old native Minnesotan and former No. 1 overall pick coming off an MVP season Mauer fits the “star” bill about as well as humanly possible, so if ever the Twins were going to over-commit this would be the time. Ultimately even with Target Field they’re likely to remain in the middle of the payroll pack, so $184 million is a scary number, but it’s certainly a fair deal relative to the eight-year, $180 million contract Mark Teixeira signed with the Yankees last offseason.
Plus, it would have been sad if the people of Minnesota burned down Target Field after just one season.

Rays’ Díaz gets $24 million, three-year deal, avoids arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a $24 million, three-year contract on Tuesday that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.