Athletics announce extensions for Billy Beane, David Forst, Bob Melvin

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The Oakland Athletics announced today that they have agreed to long-term contract extensions with Vice President of Baseball Operations Billy Beane, General Manager David Forst and Manager Bob Melvin.

The A’s brain-trust has been in place for a long time. Beane, once an A’s player and then an advance scout under Sandy Alderson, is approaching 30 years as a member of the club’s front office. Forst, who began scouting with the A’s 18 years ago and then worked his way up he ladder, has held the A’s GM job since Beane was elevated from the GM chair to VP of Baseball Operations following the 2015 season. Melvin has been the skipper since the middle of the 2011 season.

The A’s surprised everyone in baseball this past season, winning 97 games and the second AL Wild Card despite being picked my most experts to finish at or near the bottom of the division.

Terms of the extensions are not yet known, but it’s pretty darn clear that A’s ownership wants these guys in place for a long time.

Rays’ Yandy Díaz gets three-year, $24 million deal to avoid arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a three-year, $24 million contract that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.