Adam Wainwright optimistic about extension talks

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Adam Wainwright is scheduled to become a free agent after the 2013 season. But it doesn’t sound like he’s going to catch a whiff of the open market.

According to B.J. Rains of FOX Sports Midwest, the right-hander said Saturday at the Cardinals’ annual Winter Warm-Up that he and his agent discussed the parameters of a long-term contract extension last summer with the St. Louis front office and that he felt good about the course of the conversation. “I liked where it was headed,” Wainwright told reporters.

The two sides are expected to get serious about negotiations when camp opens in Jupiter, Florida.

Wainwright, 31, owns a spectacular 3.15 ERA and 1.21 WHIP through his first seven major league seasons. He signed a very team-friendly deal before hitting arbitration so he’s probably going to want to cash in now.

Matt Cain’s five-year, $112.5 million pact with the Giants can serve as a kind of blueprint. The Cardinals should have enough room in their budget to accommodate that — a benefit of letting Albert Pujols walk.

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