Mar 30, 2012, 9:50 PM EDT
After locking up center fielder Cameron Maybin and catcher Nick Hundley on long-term deals earlier this month, the Padres just announced a short while ago that they have signed left-hander Cory Luebke to a four-year contract extension with club options for 2016 and 2017. The deal could potentially cover all of his arbitration seasons and his first year of free agency.
Corey Brock of MLB.com reports that Luebke will receive a $500,000 signing bonus to go along with salaries of $500,000 in 2012, $1 million in 2013, $3 million in 2014 and $5.25 million in 2015. The club option for 2016 is worth $7.5 million while the 2017 option is worth $10 million.
Luebke only has 157 2/3 innings to his name in his big leagues, but he had an impressive 3.31 ERA and 111/29 K/BB ratio over 17 starts after being moved to the rotation last June. This is a bit of a calculated gamble for San Diego, but with only $12 million guaranteed, it could pay off big if the 27-year-old continues to progress.
- World Series Reset: Can the Giants even things up? 1
- Behind strong bullpen, Royals edge Giants 3-2 to take a 2-1 World Series lead 28
- Paul Konerko, Jimmy Rollins named co-winners of the Roberto Clemente Award 2
- The greatest trick this Royals bullpen ever pulled … 3
- Adam Wainwright underwent elbow surgery to “trim” cartilage 12
- World Series, Game 3: Royals vs. Giants lineups 1
- Andrew Friedman got $35 million to leave the Rays for the Dodgers … and he might be underpaid 13
- Shocker! Joe Maddon to opt out of his contract and leave the Rays 143
- Shocker! Joe Maddon to opt out of his contract and leave the Rays (143)
- Erroneous Narrative Alert: no, the Giants are not a “gritty,” anti-stats organization (122)
- Pedro Martinez has some opinions about who the new “face of baseball” is (112)
- PANTY RAID! Homeland Security agents confiscate unlicensed Kansas City Royals underwear (109)
- The World Series ratings are low. So what? (101)