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Phillies, J.T. Realmuto working on a long term deal

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Jim Salisbury of NBC Sports Philadelphia reports that the Phillies “are quietly trying to hammer out” a contract extension with J.T. Realmuto. He says it may take some time to be done — nothing is imminent — but that the sides are working on it.

Realmuto still has one final year of arbitration, and he’s likely to get $10 million or more for 2020 if nothing is done. It sounds as though he and the Phillies are both eager to cement a long term pact, however, that’ll keep him from hitting the free agent market next winter. Salisbury says the deal, once reached, could be for 4-5 years and $20+ million per season. He says an extension would likely not kick in until 2021. He and the club would agree to a separate one-year deal to cover 2020.

Realmuto, who is considered by most to be the top all-around catcher in the game at the moment, will turn 29 before the beginning of the 2020 season. He hit .275/.328/.493 with 25 homers and 83 driven in this past season, winning the Silver Slugger Award and a Gold Glove.

Cubs sign Jeremy Jeffress

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The Chicago Cubs have signed reliever Jeremy Jeffress to a one-year, $850,000 deal.

While Jeffress is coming off a bad year — due mostly to hip and shoulder problems — this is a surprisingly low figure for Jeffress, who was said to have had a “sizable market” last September, with the Mets, Phillies, Reds, and Rays all rumored to be in on him. It’s also worth noting that he is just a year removed from an excellent 1.29 ERA season with the Brewers. He is reported to be eligible for $200,000 in incentives, which could bring this deal closer to what a reliever of his caliber’s going rate might be.

As for the Cubs, they haven’t been particularly active this offseason — indeed, this is their first free agent acquisition — but I suppose we should give them credit for buying low on a guy who should probably be able to help their bullpen.