Marc Topkin of the St. Petersburg Times reports that the Rays have agreed to a contract extension with 2B/RF Ben Zobrist that could amount to a five-year deal. Three years — which would be his arbitration years — are guaranteed. The next two years — covering 2014 and 2015, which would be his first two years of free-agency — are team options. The dollars are not yet known but should be announced later today.
This is the second extension of note this spring which contains a significant team option as opposed to one of those tack-on team options at the end of a long, lucrative deal. Adam Lind was the other.
This is smart for the teams, of course, as it hedges against uncertainty and all of that. For the players, it probably makes sense if there’s a legitimate question about whether or not a big free agency payday is in the offing. Lind, for example, is a DH and as we all know, the DH market is horrible. Adding those team options makes a lot of sense for him.
It probably makes sense for Zobrist too, given that he’s already in his age 29 season. He’ll be 33 and 34 in those two years of free agency subject to the option years, and if recent history shows anything, you don’t want to be hitting the free agent market at that age unless you’re a total stud. I like Ben Zobrist a lot, but he’s not quite in that category.
Obviously final judgment rests upon how much money is involved, but at least in terms of structure, this is a good deal for both parties.
SAN DIEGO – Right-hander Kyle Gibson and the Baltimore Orioles finalized a one-year, $10 million contract.
The 35-year-old would receive a $150,000 assignment bonus if traded, payable by the receiving team. He also can earn a $25,000 bonus if he is elected or selected for the All-Star team. Gibson was an All-Star in 2021.
Gibson was 10-8 with a 5.05 ERA in 31 starts for Philadelphia last season. He also pitched 2 1/3 scoreless innings in two relief appearances in the postseason for the NL champions.
Baltimore gained another experienced arm as it looks to build on its surprising season. After losing 110 games the previous year, the Orioles contended for an AL wild card for much of the summer before finishing 83-79 for the franchise’s first winning record since 2016.
Gibson was an AL All-Star in 2021, going 6-3 with a 2.87 ERA in 19 starts for Texas. He was traded to Philadelphia that July, and he went 4-6 with a 5.09 ERA in 12 appearances for the Phillies down the stretch.
The 6-foot-6 Gibson was selected by Minnesota in the first round of the 2009 amateur draft. He made his big league debut with the Twins in 2013.
He spent his first first seven seasons with Minnesota, going 67-68 with a 4.52 ERA in 193 games, including 188 starts. He had his best year in 2018, finishing with a career-low 3.62 ERA in a career-best 196 2/3 innings.
Gibson, who signed a $28 million, three-year contract with Texas in December 2019, is 89-91 with a 4.52 ERA in 267 major league games.