Ryan Braun and Brewers agree to 5-year, $105 million contract extension through 2020

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Ryan Braun was already under contract through 2015 thanks to a seven-year, $45 million deal signed in mid-2008, but today the Brewers and the slugging left fielder agreed to an extension that will keep him in Milwaukee through 2020.

According to Ken Rosenthal of FOXSports.com the new deal is worth $105 million for five seasons and also includes a mutual option for 2021, when Braun will be 37 years old.

Braun’s original deal now looks very team-friendly, with the Brewers buying out his arbitration seasons and then getting his first two years of free agency for $10 million and $12 million.

By the time 2016-2020 rolls around $105 million for five years may also look like a bargain, but the Brewers are still taking a very big and somewhat unnecessary risk by committing to Braun through age 36 when they already had him under team control at reasonable salaries through age 31.

Combining the two contracts, here are Braun’s year-by-year salaries:

Signing bonus: $10 million

2012 – $6 million

2013 – $8.5 million

2014 – $10 million

2015 – $12 million

2016 – $19 million

2017 – $19 million

2018 – $19 million

2019 – $18 million

2020 – $16 million

2021 – $20 million mutual option or $4 million buyout

Braun joins Troy Tulowitzki as the only players in baseball signed through 2020. They were both drafted in 2005, with the Brewers picking Braun out of Miami at No. 5 and the Rockies selecting Tulowitzki from Long Beach State at No. 7. Justin Upton, Alex Gordon, Jeff Clement, and Ryan Zimmerman were the first four picks in that draft, with Ricky Romero going to the Blue Jays in between Braun and Tulowitzki at No. 6.

Braun debuted in May of 2007 as a third baseman, eventually shifting to left field full time in 2008. He’s a career .306 hitter with a .924 OPS, averaging 35 homers, 115 RBIs, and 15 steals per 160 games. Among all MLB hitters with at least 500 games since 2007, he ranks ninth in OPS sandwiched between Chipper Jones (.928) and Hanley Ramirez (.920). His teammate, impending free agent Prince Fielder, ranks fifth at .947.

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.