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Report: Indians and Justin Masterson break off extension talks

Mar 20, 2014, 9:59 PM EDT

Justin Masterson Getty AP

The odds of the Indians reaching a contract extension with right-hander Justin Masterson appeared favorable earlier this month, but FOX Sports’ Ken Rosenthal is reporting that talks have broken off.

Exact terms of Masterson’s demands aren’t known, but Rosenthal hears that he was believed to be asking for a three-year deal valued at less than the $17.5 million AAV (average annual value) on Homer Bailey‘s recent six-year, $105 million extension with the Reds. The Indians were not receptive to the proposal and talks failed to progress, making it likely that Masterson will try his luck on the free agent market after the season.

Masterson, who turns 29 on Saturday, is coming off a 3.45 ERA and 195/76 K/BB ratio over 193 innings last season. If he can duplicate those numbers this year, he should be in fine position to land a lucrative deal on the open market.

UPDATE: CBS Sports’ Jon Heyman reports that the Indians countered Masterson’s proposal at two years with a team option valued at around $14 million per season.

  1. campcouch - Mar 20, 2014 at 10:44 PM

    I guess we’ll continue manufacturing starters for other teams. Pay him for once!

  2. blantoncollier - Mar 20, 2014 at 10:48 PM

    And that’s how the Dolan’s roll. They spent it all last year, to make it to the Play-In game.

  3. Kevin Gillman - Mar 20, 2014 at 11:07 PM

    See now, they OFFERED 2 years, why not go that extra year? Make it for 3/$45 Million. How hard is that to do? No wonder why the casual fan doesn’t come to Progressive Field. If the owner doesn’t care to keep our All-Star players, those fans won’t show up.

  4. weaselpuppy - Mar 21, 2014 at 12:14 AM

    The issue is moreso that Justin Masterson is the Indians (and fans) idea of an All-Star and a gate draw…

  5. stephenolszewski - Mar 21, 2014 at 6:32 AM

    Not sure what else Masty has to do to prove he’s worth paying, he’s shown up in big games and consistently pitched good. Leave it to the Indians to trade or let talent walk instead of signing him. But don’t worry we will get those great prospects in return because they’ve worked so well for us since 07

  6. janessa31888 - Mar 21, 2014 at 7:46 AM

    Stinking Dolans. If they let Justin go, I am never darkening the gates of progressive field EVER again!!!!!! I am so tired of those tightwad jerks getting rid of all our good pitchers!!!!!!!! Are they related to James Dolan? I cant remember if there was a connection there or not.
    They may not be villainous like the Marlin’s owner, but they are completely out of touch. I will not listen to their excuses anymore.
    I had to get that off my chest. /sighs heavily and shakes fist at all Dolans and hardball GMs.

    • Kevin Gillman - Mar 21, 2014 at 11:46 AM

      James is Larry’s brother. So yeah, they are very much alike.

  7. r8rnuck - Mar 21, 2014 at 9:35 AM

    lets hope there is more to it then appears…

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