Mar 29, 2013, 12:56 PM EDT
Justin Verlander was eligible for free agency after the 2014 season, but the former MVP and the Tigers have agreed to a five-year contract extension that will keep him in Detroit through at least 2019.
Verlander was already under contract for $20 million this season and $20 million next season as part of a deal signed in December of 2010. This extension will begin in 2015 and includes a sixth-year option for 2020, which would be Verlander’s age-37 season.
According to Buster Olney of ESPN.com the total value of the deal if his existing 2013 and 2014 salaries are included is $180 million and the contract could be worth as much as $202 million if the 2020 option gets picked up. Which, if I’m doing the math correctly before official numbers are released, essentially means the five-year extension is worth $140 million or $28 million per season.
Verlander won the Cy Young and the MVP in 2011, finished runner-up for the Cy Young last season, and led the league in innings pitched in three of the past four years. During that four-year stretch of 2009-2012 he led all MLB pitchers in wins, starts, strikeouts, and Wins Above Replacement while ranking second in innings and fifth in both ERA and strikeout rate.
Massive long-term commitments to pitchers are awfully scary no matter the circumstances–with this week’s Johan Santana news providing the most recent cautionary tale–but no pitcher has been better or more durable than Verlander through age 29.
Apr 19, 2014, 12:10 AM EDT
One of baseball’s older cliches came true on Friday night thanks to Martin Maldonado.
Apr 18, 2014, 11:55 PM EDT
The Blue Jays get a shortstop back, but lose their designated hitter.
Apr 18, 2014, 11:20 PM EDT
Jeff Samardzija unselfishly wants to get paid. It’s not as crazy as it sounds.
Apr 18, 2014, 10:50 PM EDT
Giancarlo Stanton does Giancarlo Stanton things.
Apr 18, 2014, 10:30 PM EDT
After consistent battles with his control, Donnie Veal ran out of chances with the White Sox.
Apr 18, 2014, 9:55 PM EDT
Jason Bartlett will call it quits after playing shortstop in the big leagues over ten seasons.
Apr 18, 2014, 9:19 PM EDT
One of the most unlikely pitchers to throw a no-hitter is working on a no-hitter.
Apr 18, 2014, 9:00 PM EDT
The Brewers got their first round pick from the 2006 draft back.
Apr 18, 2014, 8:15 PM EDT
The Diamondbacks will get some power back in their lineup as Cody Ross returns.
Apr 18, 2014, 7:35 PM EDT
Ryan Roberts wasn’t hitting; Brock Holt was, so the Red Sox decided to make a change with Will Middlebrooks still recovering from an injury.
Apr 18, 2014, 6:52 PM EDT
The Pirates and Mets each address their problems with an Ike Davis trade.
Apr 18, 2014, 6:10 PM EDT
Hanley Ramirez only spent one day out of the lineup after being hit in the hand with a fastball.
Apr 18, 2014, 6:05 PM EDT
Manny Machado could soon take the next step towards returning to third base for the Orioles.
Apr 18, 2014, 4:48 PM EDT
Left-hander Sean Doolittle and the A’s have agreed to a long-term contract that runs through at least 2018, with team options for 2019 and 2020.
Apr 18, 2014, 4:31 PM EDT
Don’t look at me that way. It’s late afternoon on a Friday that a lot of people have off work. There’s a Reds-Cubs game one. Motivation is kinda hard to come by. Besides, this is kinda mesmerizing.
Apr 18, 2014, 4:22 PM EDT
This morning I wrote about how the Rangers had to be considering removing Tanner Scheppers from the rotation given his awful performance through four starts and now they’ve placed him on the disabled list with elbow inflammation.
Apr 18, 2014, 3:59 PM EDT
Dat Dude back pain.
Apr 18, 2014, 3:32 PM EDT
Out since February with a strained tendon in his middle finger, Mariners right-hander Hisashi Iwakuma threw a simulated game today without any problems and has been cleared to begin a minor-league rehab assignment.
Apr 18, 2014, 2:28 PM EDT
Apr 18, 2014, 2:00 PM EDT
Bo Porter does not mince words when a TOOTBLAN happens.
- Giancarlo Stanton sends the Marlins to victory with a walk-off grand slam 6
- Jason Bartlett will retire after 10 years in the big leagues 3
- Pirates acquire Ike Davis in a trade with the Mets 37
- And That Happened: Thursday’s scores and highlights 49
- VIDEO: The Yankees turned a triple play against the Rays 24
- “They Don’t Know Henry” (167)
- Doug Glanville’s story about being racially profiled at his own home (125)
- There is still a racial divide in baseball (112)
- And That Happened: Tuesday’s scores and highlights (96)