Rays and Wade Davis agree to long-term contract worth up to $35.1 million

6 Comments

Wade Davis is entering his second full season in the majors and wouldn’t have been arbitration eligible until 2013, but today the Rays announced that they’ve signed the 25-year-old right-hander to a long-term contract extension worth up to $35.1 million.

According to Marc Topkin of the St. Petersburg Times the contract is worth at least $12.6 million for four seasons, with the Rays holding team options for 2015, 2016, and 2017 that if exercised would be worth an additional $22.5 million.

If all seven years of the contract are exercised the Rays would be buying out Davis’ final two seasons of minimum salaried serfdom, three seasons of arbitration eligibility, and first two seasons of free agency. Getting all that for $35.1 million would end up being a tremendous bargain for Tampa Bay, but that is offset by the risking of handing $12.6 million in guaranteed money to a young pitcher who would have been cheap until 2013 and was already under team control through 2015.

Davis, who was a third-round pick in 2004 and debuted in late-2009, has a 4.02 ERA, .253 opponents’ batting average, and 149/75 K/BB ratio in 204 career innings. He looks like a solid mid-rotation starter right now and may still have the potential to develop into a solid No. 2 guy.

Report: Mets sign Wilson Ramos to two-year, $19 million deal

Rob Carr/Getty Images
9 Comments

The Mets have signed catcher Wilson Ramos to a two-year deal, SNY’s Andy Martino reports. The total value of the contract is $19 million, per Fancred’s Jon Heyman.

Ramos, 31, split last season between the Rays and Phillies, putting up one of the best offensive seasons among catchers. In 416 total plate appearances, he hit .306/.358/.487 with 15 home runs and 70 RBI.

Ramos will presumably get the lion’s share of plate appearances behind the plate with Travis d'Arnaud backing him up. Grandal was made a qualifying offer, so the Mets would have had to forfeit a draft pick to sign him. And, of course, Realmuto would have cost prospects. Ramos simply costs money.

The Mets were aggressively pursuing a catching upgrade, having been involved in rumors surrounding J.T. Realmuto and Yasmani Grandal, but ultimately settled on Ramos. New GM Brodie Van Wagenen has made a significant impact on the team already, having also added second baseman Robinson Canó and closer Edwin Díaz from a trade with the Mariners.