What does Werth’s $126 million do to the market?

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The Hot Stove is roaring after the Nationals shattered expectations by giving Jayson Werth a seven-year, $126 million deal that matches Vernon Wells’ Blue Jays pact for the third biggest ever given to an outfielder. Only Manny Ramirez, guaranteed $160 million by the Red Sox, and Alfonso Soriano, $136 million from the Cubs, ever received more.

According to ESPN’s Buster Olney, Werth’s deal has “stunned people in the game” and “execs are going nuts about the terms.”

He adds that the last contract to generate the same kind of furor was Kevin Brown’s seven-year, $105 million deal with the Dodgers signed way back in 1998.

We’re guessing that’s hyperbole, but this is the kind of thing that can happens when a down-and-out team needs to make a splash. It brings to mind the Tigers spending $40 million on Ivan Rodriguez in 2004 and $75 million on Magglio Ordonez the following winter.

But Werth is hardly the first player to exceed expectations this winter. John Buck, who received a $2 million deal last winter, got three years and $18 million from the Marlins. Setup man Joaquin Benoit received a three-year, $16.5 million contract from the Tigers. Juan Uribe, who certainly wasn’t offered any multiyear contracts as a free agent both of the previous two wints, received $21 million over three years from the Dodgers.

So, Carl Crawford and Cliff Lee have to be licking their lips. The Angels and Red Sox can claim all they want that the Nationals overpaid for Werth because of their situation, but Crawford is the better bet of the two going forward and he has a great argument for an eight-year deal now. Lee would certainly seem to be worth $23 million per year in this climate.

It may not happen this week, but odds are that Werth’s megadeal is going to be topped at least twice in the near future and probably again in the spring in a Red Sox extension with Adrian Gonzalez.

Scooter Gennett upset with Reds over lack of communication regarding contract extension

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Reds second baseman Scooter Gennett can become a free agent after the 2019 season. He has become one of baseball’s better second basemen since the Reds claimed him off waivers from the Brewers in March 2017. Over the last two years, he has hit 50 homers with an .859 OPS. The only second basemen with a better OPS (min. 700 plate appearances) since the start off the 2017 season are José Altuve (.900) and Daniel Murphy (.876).

Gennett is upset the Reds haven’t been in contact with him to discuss a contract extension, John Fay of the Cincinnati Enquirer reports. Gennett said, “We’ve definitely opened it up. They know I want to play here. They know I enjoy playing on this team. I enjoy the fans. I enjoy the coaching staff. I enjoy my teammates. They know all that. There’s nothing else to tell them at this point. It’s waiting for them to come back, which they have not.” He added, “(We’ve) heard absolutely nothing. Zero.”

As Fay points out, Gennett was born in Cincinnati and grew up a Reds fan, so this is a cinch for the club if it makes any effort. The Reds presently have just $58 million in 25-man roster obligations for the 2020 season.