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Blake Snell, Rays agree to five-year, $50 million extension

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Another day, another extension given to a pre-arbitration star.

Jeff Passan of ESPN reports that the Tampa Bay Rays and Blake Snell have agreed to a five-year, $50 million contract extension. The deal runs through Snell’s age-30 season and does not include any options. It covers this season, all three of his arbitration seasons and the first year in which he would have, potentially, been a free agent.

Snell, the reigning Cy Young Award winner in the American League, recently had his contract renewed for $573,700, which is barely above the league minimum. He did not take too kindly to that at the time. He will, obviously, will be paid much more now. At the same time, a pitcher of Snell’s caliber would be worth far, far more than $10 million a year for his age 26-30 seasons either on the open market or even by going through arbitration and then hitting the open market, assuming he remained healthy. He can only be had for that discounted amount thanks to the complete lack of leverage on his side. It’s a tradeoff, obviously — money know for the chance of money later, with some risk thrown into the equation — but it’s a tradeoff born of the relative power between the player and the club.

Such has also been the case with multiple other pre-arbitration players this offseason, with Eloy Jimenez and Alex Bregman most prominent among them. As we’ve noted several times lately, until a player gets to arbitration, he has no leverage. Through arbitration, he has limited leverage. The pre-arb and arb period lasts for 6-7 years. Teams, meanwhile, have placed greater and greater emphasis on building their teams around players in that window, thereby maximizing their leverage.

Which is why, however nice a payday $50 million is, Snell will make considerably less money than he could have if he had not taken the deal. His choice to be sure, but one strongly influenced by a Collective Bargaining Agreement which favors the clubs and their current patterns of player usage.

Brewers have 3 positive COVID tests at alternate site

Jeff Hanisch-USA TODAY Sports
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MILWAUKEE — The Brewers had two players and a staff member test positive for the coronavirus at their alternate training site in Appleton, Wisconsin.

Milwaukee president of baseball operations David Stearns confirmed the positive results Saturday and said they shouldn’t impact the major league team. Teams are using alternate training sites this season to keep reserve players sharp because the minor league season was canceled due to the pandemic.

Stearns said the positive tests came Monday and did not name the two players or the staff member. Players must give their permission for their names to be revealed after positive tests.

The entire camp was placed in quarantine.

“We have gone through contact tracing,” Stearns said. “We do not believe it will have any impact at all on our major league team. We’ve been fortunate to get through this season relatively unscathed in this area. Unfortunately, we weren’t able to get all the way there at our alternate site.”

Milwaukee entered Saturday one game behind the Reds and Cardinals for second place in the NL Central, with the top two teams qualifying for the postseason.

The Brewers still will be able to take taxi squad players with them on the team’s trip to Cincinnati and St. Louis in the final week of the season. He said those players have had repeated negative tests and the team is “confident” there would be no possible spread of the virus.

“Because of the nature of who these individuals were, it’s really not going to affect the quarantine group at all,” Stearns said. “We’re very fortunate that the group of players who could potentially be on a postseason roster for us aren’t interacting all that much with the individuals that tested positive.”