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Report: Yankees have agreed to a three-year deal with Carlos Beltran

Dec 6, 2013, 9:50 PM EDT

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Mark Feinsand of the New York Daily News is reporting that the Yankees have signed free agent outfielder Carlos Beltran to a three-year deal.

Beltran will turn 37 on April 24, so the contract will span his age 37-39 seasons. After a pair of injury-shortened seasons in 2009 and ’10, Beltran has shown lately that he is capable of staying healthy, taking at least 598 trips to the plate in each of the past three seasons, posting an .860 OPS in the process.

Beltran’s stock rose after free agent second baseman Robinson Cano signed with the Mariners, leaving the Yankees with more money to burn on other players than they had anticipated. With Cano off the board, they were reportedly “in on everyone“, including Beltran.

Update: It’s three years, $45 million ($15 million per year), per Tim Brown of Yahoo! Sports.

125 Comments (Feed for Comments)
  1. cohnjusack - Dec 6, 2013 at 10:22 PM

    Carlos Beltran, age 34, coming off 154 OPS+ = 2 years, $26 million
    Carlos Beltran, age 36, coming off 128 OPS+ = 3 years, $45 million

    • paperlions - Dec 6, 2013 at 10:24 PM

      Plus, last year his defense fell off a cliff.

    • wendell7 - Dec 6, 2013 at 10:26 PM

      Yankees + Desperation = Carlos Beltran, age 36, coming off 128 OPS+ = 3 years, $45 million

    • djpostl - Dec 6, 2013 at 10:58 PM

      And comparing a market now to one from two years ago is asinine…so what’s anyone’s point?

      The only market his deal needs to be compared to is this one, one that saw Perralta get 52M, Granderson get 60M, Ellsburry 153M and Choo in line for something similar.

      • cohnjusack - Dec 7, 2013 at 1:44 AM

        Jeez, calm down will ya. The entire point was to illustrate the changing market.

        Now, take a deep breath…think of soothing ocean sounds. All better?

    • proudlycanadian - Dec 7, 2013 at 5:31 AM

      At 36, Beltran is just the right age for this version of The Yankees.

      • spudchukar - Dec 7, 2013 at 8:13 AM

        Yeah, and if he struggles they could always move him to Philadelphia.

    • fanofevilempire - Dec 7, 2013 at 8:04 AM

      does he play second?
      now we have 5 outfielders.
      I guess 2nd base will be fenced off and will be out of play.

      good job Cash

      • 18thstreet - Dec 7, 2013 at 10:57 AM

        Five outfielders? I thought Soriano was the full-time DH who might get a spot start in left. And Beltran makes Ichiro irrelevant. You’re the fan, not me, so maybe I’m seeing it wrong.

        Here’s what this says to me: that for all the caterwauling about how Cano will be useless after after 35 (which is probably true), the Yankees don’t have anything better to spend that saved money on. When they need a right fielder — and they did, because Ichiro really can’t hit any more — their only option is to go find the most expensive option to fill it.

        I can’t predict what happens to Beltran. But his WAR (via fangraphs), for the last three seasons was 4.3, 3.3, and 2.0. It seems more likely that even in the short term, he continues to decline as opposed to having a rebound year. And the chances that he’s a great right fielder in 2014 — as the Yankees are paying him to be — are still better than the chances that he’ll be a great RF/DH after Soriano and Ichiro leave.

        There’s no plan in the Bronx. There is money. So when there is a problem, such as needing a right fielder, the only option is to spend to find the best one available — regardless of whether he’s worth the money. It doesn’t matter if he’s worth the money, because money is the only thing the Yankees have.

        With this sort of signing, it’s clear that the Yankees can never get themselves below the salary cap. So it’s worth noting that they’re going to pay a penalty of 40 percent for every dollar they go over the soft cap. Carlos Beltran is costing them $15 million a year, yes. But he’s also going to cost them that salary tax. All because the Yankees have literally no one in their minor league system who can play a replacement level right field. I’m glad it’s the Steinbrenners’ money, and not mine.

  2. tmurphy325 - Dec 6, 2013 at 10:23 PM

    It’s not that the yanks didn’t want to pay cano 25 million at age 31. It’s that they didn’t want to pay him 25 million at age 41.

    • suav3n - Dec 6, 2013 at 10:25 PM

      He doesn’t understand the fact that 10 year contracts are dumb.

      • largebill - Dec 7, 2013 at 6:43 AM

        Mariners will figure that out soon enough. If they are lucky it will become obvious in 5 years or later. If they are less fortunate (ala Pujols) they’ll get a reminder of the danger of long term guaranteed contracts in a sport much sooner.

      • fanofevilempire - Dec 7, 2013 at 8:14 AM

        of course they are.

    • fanofevilempire - Dec 7, 2013 at 8:12 AM

      yeah, they rather pay a former Red Sox injury prone Centerfielder whose game is his speed for 7 yrs @ 153, makes sense, especially when no other team offered a dime.

  3. buffalo65 - Dec 6, 2013 at 10:23 PM

    The funnier comment was listing Wells as trade bait!!! For what I ask???

    • m3dman3 - Dec 6, 2013 at 10:38 PM

      A shiny new batting cage… DUH!

      • anxovies - Dec 6, 2013 at 11:15 PM

        How about trading him for an announcer to replace Suzynn? Didn’t somebody do something like that a few years ago?

    • m3dman3 - Dec 6, 2013 at 11:49 PM

      Oh she is god awful lol

  4. cackalackyank - Dec 6, 2013 at 10:24 PM

    Pretty clear that Wells, Gardner, Ichiro or some combination figure to be leaving NYY at the upcoming winter meetings. I’d like this better if it read as 2 years at 15 million each with the third year being some kind of vesting performance based option, though.

    • 18thstreet - Dec 7, 2013 at 11:03 AM

      I think they’ll find that they just have to cut Wells entirely. Even for free (which is what’s owed on his contract), there’s no value there:

      http://www.fangraphs.com/graphs.aspx?playerid=1326&position=OF&page=0&type=mini

      Most teams have someone who can hit that well in AAA. Why would you trade for Wells?

      And I know I keep saying this, but as good as Gardner is, teams aren’t going to be very interested in a guy who will be a free agent after 2014 and really isn’t that cheap, either.

      I think the Yankees would be foolish to part with Gardner. He’s a good player, he’s insurance against an Ellsbury injury, and he wouldn’t command much in a trade.

  5. uyf1950 - Dec 6, 2013 at 10:25 PM

    Spend Hal’s money. I love this signing a true RF’er with power and major postseason success.

    The Yankees now will have 6 outfielders under contract when this becomes official. Somebody or somebodies have to go.

    Ellsbury, Beltran, Gardner, Soriano, Ichiro and Wells. Wells is a goner no doubt, then it becomes a matter of Ichiro or Gardner in my opinion. Gardner can certainly be used as part of a package to fill another need for the Yankees. We’ll see.

    • djpostl - Dec 6, 2013 at 11:02 PM

      Wells is release bait.

      Angels are footing the bulk of his money this season (Yanks used the Teix injury money from WBC to pay bulk of his $$ last season), Soriano is a DH/OF guy w/ little trade value due to salary.

      Gardner could be part of package for something of value (and is FA after 2014 anyways), leaving Ichiro as the 4th OF.

      With the organizational depth at the position (seems like every other prospect they have in their top 15 are OF’s) they can just watch Soriano/Ichiro leave after 2014 and assess their prospects development before next off-season.

      • peymax1693 - Dec 7, 2013 at 8:10 AM

        Gardner is the only one of the outfielders with any real trade value. I think signing Beltran wasn’t a bad move. The Yanks should be a better team with Ellsbury and Beltran than they would have been with Cano alone. Of course, if their pitching doesn’t improve it will all be a moot point.

      • proudlycanadian - Dec 7, 2013 at 10:10 AM

        I believe that the no trade provision in Vernon’s contract is still in force. He would have to agree to any trade. He was born in, and still lives in Arlington, so the one team that he might be happy to be traded to is The Rangers. If he is released and does not play again, I believe that the Angels would still be responsible for the bulk of the contract that expires at the end of the 2014 season. Wells has indicated that he plans to retire at the end of 2014.

    • pisano - Dec 7, 2013 at 12:12 AM

      My friend, I see Gardner being traded for a pitcher in the near, and I mean real near future. I hear the Yankees are interested in the lefty from the A’s, Anderson. I have a feeling we’ll find out soon enough.

    • sdelmonte - Dec 8, 2013 at 6:35 AM

      There is something for everyone to hate here, alas.

      Funny thing is that I was and am a big Beltran fan from his Mets days. So I will be pulling for him even though I will be rooting against his team.

  6. jolink653 - Dec 6, 2013 at 10:31 PM

    I assume Beltran will be filling in at 2B with this signing?

    This really makes no sense unless they’re moving Soriano to 2B. You had an outfield of Gardner, Ichiro and Soriano and now have Ellsbury and Beltran, who we know are both starting, and figure Gardner in left, unless he gets traded (which I really hope he doesn’t). Where does that leave Soriano? He can’t be a full time DH because that spot is needed for other older player when they need the day off. And that makes Ichiro what, a fifth outfielder? Unless Soriano moves back to second, this signing is really about the Yankees spending money because they can. I love what Beltran can bring, but where are they playing everyone??

    Just because they can spend as much as they want doesn’t mean that they should spend it. I’d much rather see them supplement some young players from the system, few as they are, into the lineup rather than signing all vets.

    • genericcommenter - Dec 6, 2013 at 11:42 PM

      Why are you worried about finding at-bats for players who shouldn’t even have a roster spot?

    • anxovies - Dec 6, 2013 at 11:44 PM

      You need to keep up with things. Soriano will probably stay in the OF, the Yankees have no intention of playing him at second base and will want his bat in the lineup every day. He told Girardi last year that he couldn’t play second any more. The Yankees have their sights on Omar Infante, who is a good fielder and hit .318 with the Tigers last year. FA Juan Uribe is also a possibility. It seems a reasonable assumption that Beltran, a switch hitter with declining defense, will mostly DH. His signing probably means that Wells will be traded if possible or released if not. The Yankees suffered a revenue drop of $58M from ticket sales and TV and they are not going to let that happen again.

  7. jgreiner9 - Dec 6, 2013 at 10:36 PM

    Really? That is such a joke of a statement. Buy a championship? That is old and played out. Yea you can sign players (every team does; it is how free agency works), but by no means does that mean the players will mesh or perform. If anything, past Yankee teams and other big spending teams (Angels, Dodgers, Red Sox the last couple years before this year, Tigers, Rangers, the Marlins two years ago) just because you sign players, doesn’t mean you automatically win. Otherwise it wouldn’t be called baseball, it would be called YankeeAngelDodgerRedSoxTigerRangersball. With all the big tv deals, there are going to be more teams trying to spend like the Yankees. It sure isn’t just them (Cano 10yrs $240mil and still looking to sign more).

    • m3dman3 - Dec 6, 2013 at 10:43 PM

      Exactly, if Houston would have won the world series this year nobody would be saying they bought a championship even though they had a team salary of 21million. It’s a sports franchise you HAVE to buy a team, those things are called players.

  8. sisisisisisisi - Dec 6, 2013 at 10:37 PM

    Beltran had a great 2013 postseason. The million dollar question still be if the Yank will make it there, not with their pitching.

    • 18thstreet - Dec 7, 2013 at 11:15 AM

      I hate to bring this up, but Beltran did not have a great 2013 regular season. You’re really skipping past that part.

      The advanced metrics say his defense has been terrible for the last few years. He’s now an average baserunner. And his on base capabilities are falling toward average.

      So, it seems to me that a poor fielder, an average baserunner and an average hitter is … um … an average ballplayer. It’s not 2006.

      • paperlions - Dec 7, 2013 at 12:51 PM

        Calling Beltran an average hitter is silly. He had a 132 wRC+ last year. You know how many Red Sox (min 300 PA) were better hitters than Beltran last year? One.

        This is still a contract that is too long, and his defense is so bad (but maybe the small RF in Yankee Stadium helps a little) that he’ll give a lot of value back, but even with a big drop off last year he was still a very good hitter. What is amazing to me is how little Napoli got compared to guys like Granderson and Beltran. Napoli has raked his entire career, shown he can play plus defense at 1B and he still only got 2 years….and he’s younger than those guys. Just…weird. Not like the league is currently chock full of slugging first basemen.

  9. blynch67 - Dec 6, 2013 at 10:43 PM

    And Craig is stuck in Disney, lol

  10. uyf1950 - Dec 6, 2013 at 10:54 PM

    Nothing like the Yankees spending their money to bring out the haters and all the wannabee GM’s.

    • paperlions - Dec 7, 2013 at 1:05 PM

      Defensive much?

      That is a pretty long contract for a 37 yr old whose only positive value is his bat. People aren’t criticizing the deal because it is the Yankees, but because $45M for the age 37-39 seasons of any player is a gamble that is generally lost. Plus the Yankees gave up their last comp pick to sign him.

      I love Carlos, but this doesn’t look like a good fit on a team that is already really old and expensive. You still only get 25 roster spots.

    • paperlions - Dec 7, 2013 at 1:07 PM

      It isn’t like only Yankee signings are questioned. Many of the early signings that are more expensive and longer (especially this) have been roundly criticized.

  11. lazlosother - Dec 6, 2013 at 10:55 PM

    Interesting. I thought the Yanks would be out of the Beltran sweepstakes when they signed Ellsbury. Now they have 5 outfielders who could start. So who gets traded or released? Gardner could go, but he is well above average when healthy. Soriano could be moved, as the Cubs are paying most of his salary. Wells may be moved for a bucket of balls or more likely released. NY would have to eat most of Ichiro’s salary to move him.

    I think Wells and Ichiro go away, and Beltran, Soriano and Jeter (if he can play) rotate as DH the majority of the time, with Beltran, Soriano, Ellsbury and Gardner holding down the outfield.

    Now about the infield and pitching…

    • yournuts - Dec 6, 2013 at 11:29 PM

      Ichiro is not going anywhere. He is the Yankee that pays his own way with thousands of Japanese attending thegames in the Bronx. Soriano can hit the long ball and is important in this suddenly potent lineup. THis is an awesome trade. Look for the Yankees to either get infante at second base or trade for Brandon Phillips. Gardner would be a real asset in Cincinnati. I can’t believe how awesome the lineup will be next year.

      Look for the Yankees to get 2 starting pitchers soon. One via trade and one free agent or from Japan.

      Great signing Yankees. Thanks for the early Christmas present.

  12. psychologyofsports - Dec 6, 2013 at 10:59 PM

    I think the signing of Beltran is a great idea for a lot of reasons. First he adds another dependable bat in the lineup and definitely is an upgrade in right field over who they have now. Ichiro Suzuki and who else? They can not have all speed boys in the outfield with similar styles of play.

    Beltran adds heft and is more of slugger type than say Suzuki or Brett Gardner.

    Derek Jeter more than likely will not be around in three years and Betran will extend his career as a DH. He is a switch hitter and will benefit from the short porch.

    The Yankees are doing this in a piecemeal fashion but one that makes a lot of sense. They are in a void in terms of A-Rod and cannot wait on him. Given all that they had to make moves.

    I look for them to next address their pitching which sorely needs upgrading. You wonder what they are going to do about second base but so far things are being done through free agency. Perhaps now they will look to the trade market to further upgrade.

    Things have been quiet with Joba Chamberlain he will be a free agent after the 2014 so a trade and sign is possible or he might want a one year contract to test free agency.

    You also might see Gardner in a package with someone else for a second baseman or pitcher.

    All the way around they got a consummate professional in Beltran.

    Cashman is doing a great job given the situation he is in.

    • tigertigerwoodsyall - Dec 6, 2013 at 11:17 PM

      You were saying all kinds of good things, making a lot of sense….then came your Cashman statement. The situation he’s in?! Over all of his years as the Yankee GM, the guy has spent more money than half the other GM’s combined! His ‘situation’ is as good as it gets. ‘Hey Brian, go spend as much as you can.’ ‘Ok boss :)

      • churchoftheperpetuallyoutraged - Dec 7, 2013 at 10:12 AM

        Over all of his years as the Yankee GM, the guy has spent more money than half the other GM’s combined! His ‘situation’ is as good as it gets. ‘Hey Brian, go spend as much as you can.’ ‘Ok boss :)

        And he has more championships during his tenure than most teams have in their lifespans. He also has/had to deal with a middling owner who would fire people on the spot, or trade someone instantly if he saw something embarrassing in the field (Mondesi trade?), and one of the worst press corps in the game. It’s not just having a blank paycheck…

      • tigertigerwoodsyall - Dec 8, 2013 at 8:01 AM

        Church – I don’t disagree at all. Working for that family and in that city isn’t easy. My comment on ‘The situation he’s in’ is referring to the fact that most GM’s wish they had his problems. He and the two Joe’s have managed well since they lost in ’95. Their record speaks for itself!

    • cohnjusack - Dec 7, 2013 at 2:03 AM

      First he adds another dependable bat in the lineup and definitely is an upgrade in right field over who they have now.

      Maybe a couple years ago, but Beltran was pretty awful in the field last year.

      • paperlions - Dec 7, 2013 at 1:10 PM

        If he was twice as good last year, he would have been pretty awful. Any kind of non-pop up was at least a hit, and often went for more bases than it should have.

  13. rockonstones - Dec 6, 2013 at 11:18 PM

    Have the Yanks not learned? 3 years for a 37 year old Beltran for $45 million is too much!

    • uyf1950 - Dec 6, 2013 at 11:36 PM

      Why is it to much, because the Yankees did it?

      This is funny the Yankees spend $45MM over 3 years for a player and some fans get their panties is a twist. The Mariners pay $240MM over 10 years for a 31 year old with a career postseason .222 BA, .267 OBP and .686 OPS and many of those same fans that are critical of this Yankees signing applauded the Mariners signing of Cano.

      • pisano - Dec 7, 2013 at 12:15 AM

        uyf1950… it’s called sour grapes.

      • spudchukar - Dec 7, 2013 at 8:18 AM

        Yeah just like the “don’t let the door hit you on the way out” comment yesterday.

  14. stevequinn - Dec 7, 2013 at 12:00 AM

    St. Louis fans are sorry to see Carlos leave. He will receive a rousing ovation when he returns to Busch Stadium with the Yankees in 2014. Beltran is a great player but more so, a great teammate and clubhouse presence. He will help the Yankees in 2014.

  15. jeter325 - Dec 7, 2013 at 12:17 AM

    Looks Like wells goes..only on hook for 2.5 mill of his salary. Read some people saying they dont understand roster..look somewhat clear…12 pitchers 2 catchers…soriano ellsbury beltran.. Tex johnson jeter Arod….backups are gardner ichiro ryan…thats 24 players,,,if you upgrade at second johnson goes into reserve and thats your 25….obviously if arod is suspended you have to replace him,,,but the roster looks clear…hopefully we can upgrade the picthing

  16. metalhead65 - Dec 7, 2013 at 12:29 AM

    has anyone checked in on walt jocketty since this announcement? it must be killing him missing out on signing and over paying a ex-cardinal

  17. staffordsyear - Dec 7, 2013 at 12:31 AM

    Perfect example of money over common sense..left a great cardinal team with great pitching and all the pieces in place to make another run at a title. Thanks carlos but that money will not get you a WS in New York.

    #Cardinal nation.

    • spudchukar - Dec 7, 2013 at 12:43 PM

      He didn’t leave the Cards, the Cards left him. They matched his option so they would insure to get the Yankees compensation pick. Craig, moves to RF, Adams occupies first, and the Cards probably find a part-time right handed 1B/corner outfielder to play when rest is needed or to give Adams a break against tough lefties.

      • spudchukar - Dec 7, 2013 at 12:45 PM

        Plus the Cards were never going to go to 3 years, and Beltran needs to go to the AL, where he can DH at times, and by going to NY, he plays the field in a place with little ground to cover.

  18. sdeberg - Dec 7, 2013 at 1:03 AM

    Another idiotic signing by the Yankees – which goes to show that Epstein, vs Cashman, vs Steinbrenner – all of them are morons throwing money at a fast chance to justify the Yankees brand name – which is sinking deeper by the minute…and I’m a Yankees fan. Are you kidding me? THREE years for this aging former All-Star – at $45 f-ing million??? Good job Theo. Go back to the Sox.

    • churchoftheperpetuallyoutraged - Dec 7, 2013 at 10:19 AM

      Phil Hughes is a below average pitcher and got $8M per year. Tim Lincecum has been sub 100 ERA+ the last two years, and re-signed at $17.5M per year. The economics of the game have changed where average players are getting a ton of money. All Beltran has to do is produce as he has the last two years, and that’s only 20-30% better than average and he’ll be worth the contract.

      • spudchukar - Dec 7, 2013 at 12:47 PM

        Yep, and in Yankee stadium it wouldn’t surprise me to see him get to 30 HRs, due to the short porch. Particularly late in the season, Beltran was displaying a lot of track power, which translates to the 6th row in the Bronx.

  19. weaselpuppy - Dec 7, 2013 at 1:09 AM

    Granderson’s D has been a net negative the last 3 seasons, but a lot of that is arm and bad angles/jumps. Beltran is a range issue, negated to a degree by both Ellsbury and the small RF. Still, paying $1M/yr more for a 37 yr old with bad knees than a 33 yr old Granderson is curious. Beltran at DH makes a lot more sense.Of course that make sense for Jeter too, and Soriano…and the Centaur…so there’s that.

    Anyone one of these guys pitch? CC can’t be that bad again, right? How’s Pineda’s shoulder? Kuroda is 39? really? Robertson and who in the bully?

    The games will be fun to watch indeed…

    • 18thstreet - Dec 7, 2013 at 11:42 AM

      I agree with most of what you said, but Jeter and Soriano (and Ichiro, not that you mentioned him) will be gone after 2014 (I assume, in the case of Jeter). So Beltran can be the DH in 2015 with 60+ games in right field, and a full-time DH (with 15+ games in right) in 2016. Of course, that means that the Yankees would need to find a new right fielder for $25 million a year. Maybe they’ll find a different 36-year old to patch the position again. Problem solved! Oh, wait — Texeira ought to be full-time DH by 2015. And then they’ll need a different $25 million first baseman.

      There is no way on earth the Yankees ever get themselves under the soft salary cap. None.

  20. slaugin - Dec 7, 2013 at 1:15 AM

    Wtf does Theo have to do with anything?

  21. ejannetta - Dec 7, 2013 at 1:35 AM

    The Yanks definitely upgraded their offense this season with McCann, Ellsbury and now Beltran.
    Cano at 31 years old wanted a 10 year contract…..forgetaboutit…..and the Mets can have Granderson the strikeout king.

  22. youngyankee - Dec 7, 2013 at 2:01 AM

    don’t mind the signing at all. needed a proven bat batin the middle of the order and you get that with beltran.

    much rather pay 3/45 million to even beltran than pay cano for 10 years and $240

    you get production out of beltran for even 1 year that’s better than getting production out of cano for lets say 6 and still have to pay $100 for the back end of a 10 yr deal. That’s not even including the luxury tax benefits

    add that to the fact that even with beltran you still have 9mil for a pitcher AND get under the 189. great deal.

    and this is just to reset. so we still have a winning product on the field this year and then can spend next year and so on

  23. 27xwschamps - Dec 7, 2013 at 3:19 AM

    Were the freakin YANKEES, we dont rebuild, we reload !! U want some, come get some !!!!…. Boots to ass’s mofo !!

    • spudchukar - Dec 7, 2013 at 8:19 AM

      Typical.

  24. bostonfan4eva - Dec 7, 2013 at 4:57 AM

    Spend away Yankees, you still have no pitching, Jeter is old,Ichiro is old, Beltran is old. I love the fact the Yankees are trying to add guys just to make the playoffs. Red Sox will repeat in 2014.

  25. flash1283 - Dec 7, 2013 at 8:20 AM

    Still no pitching

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