Matt Cain and Giants have “plenty of mutual interest” in contract extension

5 Comments

Matt Cain is one season away from hitting the open market as a 28-year-old free agent and told Andrew Baggarly of CSNBayArea.com that he’s unlikely to discuss a long-term contract extension once spring training is over.

“We’d all like something resolved by the end of spring training,” Cain said. “I don’t think either side wants that to linger into the season.”

Baggarly describes the two sides as having “plenty of mutual interest” in an extension, but barring a major injury Cain is likely in line for a $100 million deal as a free agent.

His win-loss records have typically been underwhelming because of poor run support, but Cain has thrown 200-plus innings in five straight seasons while posting ERAs of 3.65, 3.76, 2.89, 3.14, and 2.88. Rarely does a starting pitcher of that quality become a free agent at such a young age–he debuted at age 20–so it’s hard to imagine Cain not being able to get at least a six-year deal for huge money.

Batting champion Luis Arraez beats Marlins in salary arbitration

Kamil Krzaczynski-USA TODAY Sports
1 Comment

ST. PETERSBURG, Fla. — AL batting champion Luis Arraez won his arbitration case and will get a $6.1 million salary from the Miami Marlins, who acquired the All-Star infielder from the Minnesota Twins last month.

Miami argued for $5 million during a hearing before John Stout, Mark Burstein and Scott Buchheit. Arraez received a raise from $2.2 million.

Marlins pitcher Jesus Luzardo went to a hearing and asked for a raise from $715,000 to $2.45 million, while Miami proposed $2.1 million. The case was heard by Stout, Melinda Gordon and Richard Bloch, who were expected to issue their decision.

Arraez hit .316 with eight homers, 49 RBIs and a .795 OPS last year for Minnesota, starting 61 games at first base, 34 at designated hitter and 31 at second. The 25-year-old was traded on Jan. 20 for starting pitcher Pablo Lopez and a pair of prospects: infielder Jose Salas and outfielder Byron Chourio.

Arraez is eligible for free agency after the 2026 season.

Luzardo, a 25-year-old left-hander, was 4-7 with a 3.32 ERA in 18 starts last year, striking out 120 and walking 35 in 100 1/3 innings. He is 13-18 with a 3.59 ERA in 45 starts and 16 relief appearances over four big league seasons.

Luzardo also is eligible for free agency after the 2026 season.

Seattle defeated Diego Castillo in the first salary arbitration decision this year, and the relief pitcher will get a raise to $2.95 million rather than his request of $3,225,000.

A decision is being held for Los Angeles Angels outfielder Hunter Renfroe.

Twenty-two players remain scheduled for hearings, to take place through Feb. 17. Among them, utilityman Dylan Moore and the Seattle Mariners have a pending three-year contract worth $8,875,000.