Padres and Cameron Maybin agree to five-year extension with club option for 2017

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UPDATE: Jerry Crasnick of ESPN.com passes along word that the deal is official. Crasnick also notes that Maybin’s desire for a no-trade clause was denied because the Padres have a club policy against giving no-trade clauses.

12:05 PM: Corey Brock of MLB.com confirms that the deal is worth $25 million. Sounds like a potential bargain for the Padres.

11:51 AM: Dan Hayes of the North County Times reports that the deal is worth $23-25 million while the club option is in the range of $7-8 million.

11:23 AM: The San Diego Union-Tribune reports that the Padres will announce the extension later today.

The new deal will lock up Maybin through 2016 and includes a club option for 2017. In other words, the Padres have bought out all three of his arbitration seasons and at least his first year of free agency.

10:59 AM: Dan Hayes of the North County Times was told by a front office source that the Padres and Cameron Maybin are “very close” to finalizing a extension and that a deal could be announced today. No word yet on the possible terms.

The two sides had off-and-on discussions about a possible deal earlier this offseason, but talks progressed after Maybin switched agents in January.

Maybin, who was acquired from the Marlins last offseason for relievers Ryan Webb and Edward Mujica, batted .264/.323/.393 with nine homers, 40 RBI, 40 stolen bases and a .716 OPS over 137 games in 2011 while playing solid defense in center field. The 24-year-old owns a .255/.318/.386 batting line over his first 1,178 plate appearances in the majors.

Maybin is set to become arbitration-eligible for the first time next winter and remains under team control through 2015.

Blue Jays release John Axford

John Axford
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The Blue Jays have released right-handed reliever John Axford from his minor league contract, per an announcement on Saturday. Sportsnet’s Shi Davidi speculates that the move could provide an avenue for the club to rework Axford’s contract, but the Blue Jays have yet to confirm or deny the report.

Axford, 35, was dealt a blow on Thursday after getting diagnosed with a stress reaction in the olecranon bone of his right elbow. Elbow soreness dogged the right-hander through much of his time in camp, and although he was scheduled for a follow-up examination later this spring, a definite return date had not been established.

Prior to the diagnosis, Axford was tabbed for a setup role with the team in 2019. He pitched to mixed results in 2018 (thanks in part to a late-season fracture of his right fibula) with a 5.27 ERA, 4.9 BB/9, and 9.8 SO/9 through 54 2/3 innings with the Blue Jays and Dodgers. Now, however, it’s not certain that he’ll return to the mound this season in any capacity.

Axford isn’t the only reliever the Blue Jays have lost to injury lately, either, as right-handers Ryan Tepera and Bud Norris have been sidelined with right elbow inflammation and forearm fatigue, respectively. Per Davidi, the Blue Jays offered Norris a $100,000 retention bonus to prevent him from opting out of the minor league contract he signed in February.