Closer Aroldis Chapman has agreed to a new deal with the Yankees, adding another year and $18 million to his existing contract, ESPN’s Jeff Passan reports. Chapman could have opted out of his contract but the Yankees sweetened it in order to keep him around. He had two years and $30 million remaining.
Chapman, 31, is still a dominant closer, finishing this past season with 37 saves, a 2.21 ERA, and 85 strikeouts in 57 innings. The Yankees are losing Dellin Betances to free agency and could be without Tommy Kahnle following the 2020 season as well as Zach Britton if he opts out. Chapman’s return helps the Yankees maintain a dominant back of the bullpen in the near future.
There was some thought that the Yankees would be content to let Chapman opt out and use the freed-up payroll space to pursue one of the bigger free agents. With the flamethrowing lefty back in the bullpen, one wonders if the recently budget-conscious Yankees will still try to make a free agent splash.
ST. LOUIS — Miles Mikolas is sticking with the St. Louis Cardinals.
The right-hander signed a three-year, $55.75 million contract on Friday that will carry through the 2025 season.
The new deal replaces a $68 million, four-year contract signed in February 2019 that covered the 2020-23 seasons and was set to pay $15.75 million this year.
Mikolas will receive a $5 million signing bonus payable July 1 and will make $18.75 million in 2023 and $16 million in each of the following two seasons. Mikolas can earn a $250,000 bonus for winning a Cy Young Award, $50,000 for All-Star election or selection or winning a Gold Glove, $100,000 for League Championship Series MVP and $150,000 for World Series MVP.
Mikolas is scheduled to make the second opening-day start of his big league career next Thursday when the Cardinals host Toronto. Mikolas went 12-13 with a 3.29 ERA last season while helping St. Louis to the NL Central title.
“Miles stands among the top pitchers in the game today, and has continued to provide a steady presence for us both in the rotation and inside the clubhouse,” St. Louis general manager John Mozeliak said in a statement.
Mikolas is 45-40 with a 3.79 in 143 games with San Diego, Texas and St. Louis. He recently pitched six shutout innings in two appearances for the U.S. in the World Baseball Classic.