Felix Hernandez, Mariners on verge of a $175 million contract extension

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Bob Nightengale of USA Today reports that Felix Hernandez and the Mariners have agreed to a seven-year, $175 million contract extension.  The contract will make him the highest paid pitcher in baseball history, both in overall contract and in average annual value.

The Mariners will tear up his current deal, which was to pay him $19.5 million this year, and replace it with the new one. It will pay him, on average, $25 million a year through 2019. It’s not known yet if the contract amount increases over time or if it’s a flat $25 million a year.

Hernandez is 98-76 with a 3.22 ERA and 1,487 strikeouts and 480 walks in 1620.1 innings across eight seasons.  But of course, he still doesn’t turn 27 until April.  This deal, therefore, only take him into his age 34 season.  If he holds up physically, he may get another sizable deal before he’s through.

Report: Twins sign Martín Pérez to one-year deal

Martin Perez
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Ken Rosenthal of The Athletic reports that the Twins have picked up free agent left-hander Martín Pérez on a one-year deal. Financial terms of the deal have yet to be announced, but it looks like a club option is included for the 2020 season. The Twins have not officially confirmed the signing.

Pérez, 27, missed 85 days of the Rangers’ 2018 campaign after undergoing elbow surgery on his non-throwing arm. He sustained the injury partway through the 2017 offseason; as the story goes, he was charged by a bull at his ranch in Venezuela and fell on his right arm as he was trying to get out of the animal’s path. (He later killed and ate said bull.) When he finally returned to the mound, he cobbled together a 2-7 record in 15 starts with a 6.22 ERA, 3.8 BB/9, 5.5 SO/9, and career-low -0.2 fWAR through 85 1/3 innings out of the rotation and bullpen.

As they approach the start of the 2019 season, the Twins will be looking for something a little more, well, bullish from Pérez. Prior to his injury, he turned in two solid seasons with the Rangers in 2016 and 2017, nearing the 200-inning threshold in both campaigns and providing a combined value of 4.2 fWAR at a time when Texas’ starters collectively ranked sixth-worst in the league.