Olney: MLB executives are “appalled” over the Miguel Cabrera extension

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The Tigers have reportedly reached agreement on an extension with Miguel Cabrera which will pay him $292 million over the next 10 years and keep him under contract through at least his age-40 season. If the deal is announced as a 10-year extension, it will be the biggest financial commitment in sports history. While both parties are obviously happy with the new mega-deal, ESPN’s Buster Olney hears that executives around MLB are in shock:

Cabrera is entering his age-31 season now, so it’s not exactly bold to say that this deal probably won’t look very good in the end. Yes, he’s the best hitter in the world right now, but players get old and decline and the odds are against him being the exception. There’s also the matter of timing, as he was already under contract for two more seasons. Was there really a sense of urgency to get this done at this very moment? There’s a ton of money in the game right now and there’s an argument to be made that the players aren’t getting enough of it, but this type of deal just feels unnecessary given his age and what he’s likely to be toward the end of it.

If there’s anybody who is probably peeved by the news of this extension, it’s the Angels. Sure, there have been extension discussions in recent months, but can you imagine what Mike Trout will (or should) demand after this? Oh boy.

Dodgers, Reds discussing a Yasiel Puig trade

Yasiel Puig
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Here’s a rumor from yesterday afternoon that sort of fell through the cracks, but it’s fun enough to think about for a few moments: Ken Rosenthal reports that the Dodgers and Reds have had “multiple” trade discussions involving Yasiel Puig.

Puig is a potential trade candidate, either (a) because he’s “disgruntled,” according to Dylan Hernandez of the Los Angeles Times last week; or (b) because the Dodgers want to clear salary and roster spots in order to sign a big-name player, according to Rosenthal here. Many people suspect that the Dodgers are going to make a run at Bryce Harper, for example, and if that’s the case they’d no doubt want to open up right field for him.

It seems questionable that any Reds-Dodgers talks would get a ton of traction, especially given that Rosenthal reports that there’s a possibility of the Dodgers taking on Reds pitcher Homer Bailey and the $28 million he’s still owed in order to get some talent back from the Reds in a trade. That would seem to defeat the purpose of unloading Puig’s salary, but this is the sort of things we all talk about now given that the league has, more or less, a defacto salary cap imposed by the Competitive Balance Tax.