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.
- The Marlins are going to change everything except their biggest problem this offseason 43
- Drooling over Miguel Sano’s incredible numbers through 50 career games 33
- Matt Williams puts up another strong performance in his quest to get himself fired 103
- Settling the Scores: Tuesday’s results 81
- Yankees reveal Mark Teixeira’s shin injury is “more than we thought” 16
- There’s a chicken pox outbreak in the Royals’ clubhouse and multiple players are infected 28
- Shoeless Joe Jackson is not being reinstated 67
- And That Happened: Monday’s scores and highlights 66
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (266)
- Matt Williams puts up another strong performance in his quest to get himself fired (104)
- Why Mike Mussina keeps getting hosed in the Hall of Fame voting (89)
- And That Happened: Thursday’s scores and highlights (87)
- Settling the Scores: Tuesday’s results (81)