Pirates top prospect Gregory Polanco remains in minors after rejecting seven-year contract

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The Pirates began play Tuesday night with a 9 1/2 game deficit in the National League Central standings and a .687 team OPS that ranks 20th in the major leagues. They could use a big bat and have a perfect internal fit in top outfield prospect Gregory Polanco. But he’s not a consideration yet because the Bucs don’t want to risk him gaining an extra year of salary arbitration via Super Two status.

And the 6-foot-4 youngster from the Dominican Republic is not willing to put a cap on his potential future earnings by agreeing to a team-friendly, pre-debut contract. Jeff Passan at Yahoo Sports has the full story

The Pirates recently offered the 22-year-old Polanco a seven-year deal with three club options that would guarantee him a little bit less than $25 million, a source with knowledge of the team’s plans told Yahoo Sports. Polanco rejected the deal and remains at Triple-A Indianapolis, a casualty of Major League Baseball’s service-time rules that continue to give teams an incentive to bury some of the best prospects in the minor leagues until June.

Pittsburgh’s tack with Polanco mirrors a trend of offering the best up-and-coming players long-term major league contracts before their debuts. While no player has signed such a deal, the Houston Astros proposed a multiyear deal for outfielder George Springer during spring training. When he turned it down, the Astros kept him in the minor leagues for the first 2½ weeks of the season, delaying his free agency by a year.

Polanco, 22, is batting .397/.449/.621 with four homers and 26 RBI in 29 games this year at Triple-A Indianapolis. Some type of change needs to be made to this system in the next collective bargaining agreement. Passan suggests tying Super Two status to performance rather than strictly service time.

The Cardinals seem to be pulling a Polanco with their own top outfield prospect, Oscar Taveras.

Reds, Raisel Iglesias agree to three-year contract

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The Reds announced on Wednesday that the club and pitcher Raisel Iglesias agreed to a three-year contract. Iglesias had been on a seven-year, $27 million contract signed in June 2014 and had two years with $10 million remaining. According to MLB.com’s Mark Feinsand, the new contract is worth $24.125 million, so it’s a hefty pay raise for Iglesias.

Iglesias, who turns 29 years old in January, has gotten better every season pitching out of the Reds’ bullpen. In 2018, he posted a 2.38 ERA with 30 saves and an 80/25 K/BB ratio in 72 innings. Over his four-year career, the right-hander has 64 saves with a 2.97 ERA and a 359/106 K/BB ratio in 321 2/3 innings.

Iglesias gets little fanfare pitching for the Reds, fifth-place finishers in each of his four years, but he is certainly among baseball’s better relievers. Signing him to a new three-year deal gives them some certainty at the back of the bullpen in the near future.

There was a bit of confusion regarding his previous contract, which allowed him to opt out and file for arbitration if eligible. Iglesias has three years and 154 days of service time, so his new contract essentially covers his arbitration-eligible years.