Getty Images

Indians extend Roberto Perez through 2020

1 Comment

The Indians signed catcher Roberto Perez to a four-year extension through 2020, the club announced on Saturday. MLB.com’s Jordan Bastian reports that the extension is worth $9 million guaranteed and includes club options for the 2021 and 2022 seasons that would bring the total to $21.5 million.

Perez, 28, is the tenth Indians player to sign an extension with the team this spring. He shouldered catching duties alongside primary backstop Yan Gomes in 2016, contributing down the stretch after missing 11 weeks with a fractured right thumb. His value is almost exclusively derived from his defensive performance, as he set new career lows at the plate last year with a .183/.285/.294 batting line and three home runs in 184 PA. Perez bounced back in the postseason, however, hitting three decisive home runs in the ALDS and World Series and assuming full-time responsibilities behind the dish while Gomes recovered from a lingering shoulder injury.

Per Bastian, Perez is slated to receive a $500,000 signing bonus and will work his way up to $7 million in 2022 if both of his options are exercised. The full breakdown of his projected salary is below:

The Royals are paying everyone. Why can’t all of the other teams?

Getty Images
1 Comment

Over the past several weeks we’ve heard a lot of news about teams furloughing front office and scouting staff, leveling pay cuts for those who remain and, most recently, ceasing stipends to minor league players and releasing them en masse. The message being sent, intentionally or otherwise, is that baseball teams are feeling the pinch.

The Kansas City Royals, however, are a different story.

Jon Heyman reported this afternoon that the Royals are paying their minor leaguers through August 31, which is when the minor league season would’ve ended, and unlike so many other teams, they are not releasing players either. Jeff Passan, meanwhile, reports that the Royals will not lay any team employees off or furlough anyone. “Nearly 150 employees will not take pay cuts,” he says, though “higher-level employees will take tiered cuts.” Passan adds that the organization intends to restore the lost pay due to those higher-level employees in the future when revenue ramps back up, making them whole.

While baseball finances are murky at best and opaque in most instances, most people agree that the Royals are one of the lower-revenue franchises in the game. They are also near the bottom as far as franchise value goes. Finally, they have the newest ownership group in all of baseball, which means that the group almost certainly has a lot of debt and very little if any equity in the franchise. Any way you slice it, cashflow is likely tighter in Kansas City than almost anywhere else.

Yet the Royals are paying minor leaguers and front office employees while a great number of other teams are not. What’s their excuse?