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Report: Astros sign Jose Altuve to contract extension

Jul 13, 2013, 11:25 AM EDT

Tampa Bay Rays v Houston Astros Getty Images

The Astros have successfully locked up a potential long-term building block, as Brian McTaggart of reports that they have agreed to a contract extension with second baseman Jose Altuve. This marks the first major contract commitment under the leadership of general manager Jeff Luhnow, who was hired in December of 2011.

No word yet on the financial details, but the deal is expected to be announced later today. Altuve wasn’t due to become arbitration-eligible for the first time until after the 2014 season. McTaggart speculates that the extension will at least cover his arbitration years, though it’s possible the Astros also bought out a free agent year or two.

Altuve was promoted to the majors in July of 2011 and owns a .284/.325/.377 batting line through 290 career games. The 23-year-old represented the Astros in the All-Star Game last year.

UPDATE: CBS Sports’ Jon Heyman reports that Altuve will receive a five-year deal with an option. This means the Astros bought out his final pre-arbitration season, all three of his arbitration seasons, and at least one year of free agency.

UPDATE II: Heyman is now reporting that it’s a four-year deal (covering his final pre-arbitration season and all three of his arbitration seasons) with two option years. Altuve will receive $12.5 million guaranteed. Even though he doesn’t fall under the category of a star, that’s a very reasonable contract.

  1. dondada10 - Jul 13, 2013 at 11:46 AM

    Arbitrary height joke.

  2. tigers182 - Jul 13, 2013 at 11:46 AM

    What?! If he were a free agent he’d easily make triple that.

  3. yahmule - Jul 13, 2013 at 11:55 AM

    I love watching this kid play baseball.

  4. mianfr - Jul 13, 2013 at 12:09 PM

    Not a bad deal… He’s useful to a team that might finally start winning games in that time, and, more importantly, is probably way overvalued around the league (because he’s kind of the de facto “star” of the Astros), so he might be able to net something nice in a trade with that contract.

  5. cosanostra71 - Jul 13, 2013 at 12:26 PM

    How much is 12.5 million in Altuves?

    • Josh Norman - Jul 13, 2013 at 9:36 PM

      If he got it in singles, it would be about 840 Altuves.

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