Rangers discussing six-year extension with Ian Kinsler

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From FOX Sports’ Ken Rosenthal comes word that the Rangers are talking about a six-year contract extension with second baseman Ian Kinsler. But an agreement is not closer because the two sides are differing on what the annual value of the contract should be. Rosenthal explains:

The Rangers, sources say, are willing to give Kinsler a salary higher than Dan Uggla’s record average for a second baseman, $12.4 million. But the team probably does not want to go far above that figure, which is where [Robinson] Cano enters the equation.

The Yankees exercised Cano’s $14 million option for this season and hold a $15 million option on him for 2013. His next deal, whether achieved in an extension or through free agency, figures to be at a much higher number.

Kinsler is locked in at $7 million this season and carries a $10 million club option for 2013. If the two sides can find a common ground before Opening Day, that option year would simply be engulfed by the new six-year extension. But Kinsler and his agent may want to assume the risk and sit tight until next winter, when the Yankees are pushed a little closer toward making a decision about Cano’s future.

Kinsler, 29, batted .255/.355/.477 with 32 home runs, 77 RBI and 30 stolen bases last year for Texas.

Tom Ricketts says the Cubs don’t have any more money

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Cubs owner Tom Ricketts met the media in Mesa, Arizona today and said a couple of things that were fun.

First, he addressed the controversy that arose earlier this month when emails of his father’s — family patriarch Joe Ricketts — were leaked, showing him forwarding and approvingly commenting on racist jokes. Ricketts apologized for those serving as a “distraction” for the Cubs which, OK. He also said “Those aren’t the values our family was raised with… I never heard my father say anything remotely racist.” If you choose to believe that a 77-year-old conservative guy who loves racist emails — who once spearheaded an anti-Obama ad campaign that required a “literate African-American” as its spokesman — hasn’t said racist stuff a-plenty, that’s between you and your credulity.

More relevant to the 2019 Cubs is this:

The Cubs aren’t in the same position as some other contenders in that (a) they don’t have a cheap payroll; and (b) are not obvious candidates for the big free agents like Harper or Machado, but I still find that comment pretty rich for an owner of one of baseball’s marquee franchises in a non-salary cap league. If nothing else, it’s an admission by Ricketts that he, like the other owners, consider the Luxury Tax to be a defacto salary cap.