Indians, Corey Kluber agree on a five-year contract extension

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Update #2 (8:49 PM EST): Jon Heyman of CBS Sports reports that the deal is done pending a physical.

Update (8:17 PM EST): Jeff Passan of Yahoo Sports reports that Kluber’s deal will be for five years and include two club options.

Ken Rosenthal of FOX Sports is reporting that the Indians and starter Corey Kluber are close to an agreement on a contract extension. Rosenthal says that the deal is expected to be made official by Opening Day.

Kluber, who turns 29 on April 10, broke out with a 2.44 ERA and a 269/51 K/BB ratio in 235 2/3 innings en route to winning the American League Cy Young Award last season. He’s slated to oppose Astros starter Dallas Keuchel on Opening Day on Monday.

Rosenthal also notes that the Indians are discussing an extension with Carlos Carrasco. He also broke out last season, finshing with a 2.55 ERA and a 140/29 K/BB ratio in 134 innings.

Yasiel Puig is still a free agent

Yasiel Puig
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Around this time last year, the ink was drying on Manny Machado‘s 10-year, $300 million contract with the Padres and Bryce Harper was about to put the finishing touches on his 13-year, $330 million deal with the Phillies. We had gotten used to premier free agents hanging out in limbo until late February and even into March. This past offseason, however, was a return to normal. The top three free agents — Gerrit Cole, Anthony Rendon, and Stephen Strasburg — all signed in December. Once the big names are off the board, the lesser free agents subsequently tend to find homes. There were a handful of noteworthy signings in January, but pretty much everyone was off the board when February began.

There are a handful of free agents remaining as I write this, with one name really sticking out: Yasiel Puig. Last season, between the Reds and Indians, Puig hit .267/.327/.458 with 24 home runs, 84 RBI, 76 runs scored, and 19 stolen bases in 611 plate appearances. He was one of only seven players in the league last year to hit at least 24 home runs and swipe at least 19 bases. While Puig has had some problems over the years, he still possesses a rare blend of power and speed that would seem useful.

The Marlins, White Sox, and Rockies have been linked to Puig this offseason. His market has been otherwise quiet since he became a free agent. The Athletic’s Jim Bowden suggests Puig will have to settle for a “pillow contract” — a one-year deal with which Puig reestablishes his market value, aiming to pursue a multi-year deal the following offseason. Along with the aforementioned three teams, Bowden suggests the Mariners, Indians, Pirates, Giants, Red Sox, and Cardinals as other teams that could potentially fit with Puig, which is not to be confused with teams having expressed interest in his services.