Cardinals ink Adam Wainwright to five-year, $97.5 million deal

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FOX Sports’ Ken Rosenthal reports that the Cardinals have signed Adam Wainwright to a five-year contract extension worth $97.5 million. That’s an average annual salary of $19.5 million, which isn’t bad value for a guy who has been an ace in the past and is likely to be an ace again moving forward.

Wainwright was scheduled to become a free agent after the 2013 season. Now he’ll be property of the Cardinals through at least the 2018 campaign.

The 31-year-old right-hander posted a 3.94 ERA, 1.25 WHIP and 184/52 K/BB ratio across 198 2/3 innings in 2012 after recovering successfully from Tommy John reconstructive elbow surgery surgery. He owns a 3.15 career ERA and a 1.21 career WHIP.

“Waino” has registered a 3.00 ERA and 18/6 K/BB ratio in 27 Grapefruit League innings this spring.

Astros release Jon Singleton

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The Astros have released first baseman Jon Singleton, Chandler Rome of the Houston Chronicle reports.

Singleton, 26, was suspended for 100 games after testing positive for a drug of abuse for a third time. He has had issues with marijuana in the post and admitted to being a drug addict several years ago. He said, “At this point it’s pretty evident to me that I’m a drug addict. I don’t openly tell everyone that, but it’s pretty apparent to myself. I know that I enjoy smoking weed, I enjoy being high and I can’t block that out of my mind that I enjoy that. So I have to work against that.”

Singleton played parts of two seasons in the majors in 2014-15 with the Astros, batting a combined .171/.290/.331 with 14 home runs and 50 RBI in — appropriately — 420 plate appearances. He spent 2016 with Triple-A Fresno and 2017 with Double-A Corpus Christi, putting up middling numbers.

If he can convince teams he’s still actively working to overcome his addiction, Singleton may be able to find an opportunity elsewhere. But his road back to the majors remains long. He was once a top prospect in the Phillies’ system, then was traded to the Astros in the Hunter Pence deal back in July 2011.