Report: Astros sign Jose Altuve to contract extension

6 Comments

The Astros have successfully locked up a potential long-term building block, as Brian McTaggart of MLB.com reports that they have agreed to a contract extension with second baseman Jose Altuve. This marks the first major contract commitment under the leadership of general manager Jeff Luhnow, who was hired in December of 2011.

No word yet on the financial details, but the deal is expected to be announced later today. Altuve wasn’t due to become arbitration-eligible for the first time until after the 2014 season. McTaggart speculates that the extension will at least cover his arbitration years, though it’s possible the Astros also bought out a free agent year or two.

Altuve was promoted to the majors in July of 2011 and owns a .284/.325/.377 batting line through 290 career games. The 23-year-old represented the Astros in the All-Star Game last year.

UPDATE: CBS Sports’ Jon Heyman reports that Altuve will receive a five-year deal with an option. This means the Astros bought out his final pre-arbitration season, all three of his arbitration seasons, and at least one year of free agency.

UPDATE II: Heyman is now reporting that it’s a four-year deal (covering his final pre-arbitration season and all three of his arbitration seasons) with two option years. Altuve will receive $12.5 million guaranteed. Even though he doesn’t fall under the category of a star, that’s a very reasonable contract.

Phillies owner John Middleton is in Las Vegas with Bryce Harper

Bryce Harper
Getty Images
3 Comments

Jim Salisbury of NBC Sports Philadelphia reports that Phillies owner John Middleton flew to Las Vegas for a meeting with Bryce Harper on Friday. Per ESPN’s Jeff Passan, it’s “more of a meet-and-greet than a sign-a-deal” affair, but as the club is still at the forefront of trade rumors involving the All-Star slugger, there remains a possibility (however slight) that something could be completed in the days to come.

Even now, the Phillies aren’t alone in the race to sign Harper, but recent rumors have helped whittle down the competition from five or more teams (Phillies, Nationals, White Sox, Giants, and Padres) to three strong contenders. The Giants are said to be interested in a lucrative short-term deal with the outfielder, while the Padres remain in the conversation despite inking Manny Machado to a mammoth 10-year, $300 million contract this week. It’s not yet clear just how far either team would go to outbid Philadelphia as talks with Harper intensify.

As for the Nationals and White Sox, the former officially bowed out earlier today, and MLB Network’s Jon Heyman adds that the latter won’t make a strong play for Harper as they feel the asking price and competing offers are “getting too high” for the 26-year-old’s services. If a mystery team is still in the mix, there’s been no word on their standing with Harper in the last month or so.