Pirates and Pedro Alvarez open to contract extension

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The Pirates have yet to approach third baseman Pedro Alvarez about a contract extension, but there appears to be mutual interest in a possible deal.

Alvarez’s agent, Scott Boras, told Rob Biertempfel of the Pittsburgh Post-Tribune that he is “open to the idea” of an extension. Meanwhile, Pirates president Frank Coonelly is on the same page.

“Open minds often lead to common ground and, ultimately, to agreement,” Coonelly said. “We also have an open mind on these issues and will continue to evaluate seriously the merits of a long-term agreement with Pedro, just like we do with all of our young players.”

Alvarez’s original contract with the Pirates includes a $700,000 team option for 2014, but he can void it if he qualifies for salary arbitration. The Pirates fully expect that to happen, so there figures to be some negotiating this winter no matter what. Even if the option is voided, Alvarez remains under team control through 2016. The Pirates would almost certainly want to buy out a free agent year or two as part of an extension, which could be a challenge with Boras involved.

Alvarez has struck out in 31.1 percent of the time in the majors and owns a lowly .232 batting average, but he brings legitimate pop from the third base position. The 26-year-old launched 30 home runs last season and has 10 in 47 games so far this year.

Report: Yankees could be in on Nolan Arenado

Nolan Arenado
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The Yankees appear to have moved on from free agent Manny Machado this winter, but could they be turning their attention to Rockies superstar Nolan Arenado? That’s the idea floated by Andy Martino of SNY, who hears that GM Brian Cashman has been involved in recent discussions concerning the third baseman. No official comments have been made to the press yet, though, and it’s not clear whether the Yankees would prefer to pursue Arenado prior to the 2019 season or partway through it.

The 27-year-old infielder earned his fourth consecutive All-Star nomination, Silver Slugger, and Gold Glove award in 2018 after slashing .297/.374/.561 with 38 home runs, a .935 OPS, and 5.7 fWAR across 673 plate appearances. There’s no question he’s provided immense value to Colorado’s lineup over the last half-decade, and his consistency and incredible power at the plate helped form the basis of the record $30 million arbitration figure he presented to the team last week. The Rockies countered at $24 million, however, and in doing so may have jeopardized their chances of convincing the infielder to forego free agency in 2020 and take a long-term deal instead.

Assuming he declines to negotiate an extension with the Rockies, Arenado’s decorated résumé and career-best 2018 numbers should attract plenty of interest around the league — a reality that could put considerable pressure on the Yankees (or any other interested party) to finesse a deal sooner rather than later. For now, the club is prepared to enter the 2019 season with hot-hitting third baseman Miguel Andújar, whom Martino speculates would be the “centerpiece” of any trade with Colorado.