Strasburg signs 7 year, $175 million extension with Nats

[RedOctober3829]

Chelsea Janes ‏@chelsea_janes 6m6 minutes ago
Stephen Strasburg has signed a "significant long-term extension" with the Nationals, according to a person familiar with the situation


Chelsea Janes ‏@chelsea_janes 6m6 minutes ago
Official announcement of the extension is expected tomorrow, according to that person. Terms, as yet, unclear.

 

[soxhop411]

Chelsea Janes ‏@chelsea_janes 6m6 minutes ago
Stephen Strasburg has signed a "significant long-term extension" with the Nationals, according to a person familiar with the situation.

 

[RedOctober3829]

Jeff Passan ‏@JeffPassan 16s17 seconds ago
Stephen Strasburg is signing a seven-year deal with the Nationals, as @chelsea_janes reported. Best FA pitcher for 2017 is ... Rich Hill?

 

[RedOctober3829]

Jon Heyman ‏@JonHeyman 1m1 minute agoJersey City, NJ
strasburg deal is $175M, 7 years. #nats

 

[Papelbon's Poutine]

Wow. He left a lot of money on the table. Good for Rizzo and Natstown.

 

[RedOctober3829]

Wow. He left a lot of money on the table. Good for Rizzo and Natstown.

Got to see if theres an opt out.

 

[snowmanny]

A (sort of) rare Boras extension of a star.

 

[Pilgrim]

Thats pretty reasonable for a midyear extension, when the rest of the offseason market will be complete crap

 

[BoSox Rule]

He would've gotten more than $200 million but he also might have ended up with a second TJ before he had that opportunity.

 

[Papelbon's Poutine]

Got to see if theres an opt out.

Sure but even if there is that's still $30-40 million less than Price and Grienke got. He doesn't have a CYA, but he's also considerably younger. Debate can be had about the TJ depending on if you sit in the "makes him susceptible to another one" camp or the "hes already past it" camp. I'm guessing the doctors signed off on his elbow before they did this deal. Which is to say nothing of him being Boras and the shit show next years FA class is. This seems like one of the rare times Boras was told by his client to hit a number and then agree, rather than chase every dollar.

 

[RedOctober3829]

Sure but even if there is that's still $30-40 million less than Price and Grienke got. He doesn't have a CYA, but he's also considerably younger. Debate can be had about the TJ depending on if you sit in the "makes him susceptible to another one" camp or the "hes already past it" camp. I'm guessing the doctors signed off on his elbow before they did this deal. Which is to say nothing of him being Boras and the shit show next years FA class is. This seems like one of the rare times Boras was told by his client to hit a number and then agree, rather than chase every dollar.

Yup sounds like Strasburg is happy in Washington and took slightly below market to do it. I do still want to see if the opt out in there. If there isn't one then he's very happy there.

 

[BoSox Rule]

Rosenthal says there is one after year 3 or 4.

 

[RedOctober3829]

Rosenthal says there is one after year 3 or 4.

Yup. Can be a FA at 31.

 

[mauf]

Strasburg has thrown 200 innings in a season exactly once. That was the year he ruled himself out for the postseason as a precautionary move. He has only topped 160 innings one other season.

I'm glad my team didn't sign this deal, and I think Boras was shrewd to depart from his usual M.O. by signing an extension rather than testing the market.

 

[BoSox Rule]

The Nationals shut him down and for the most part they were criticized for it because they could have went for it that year. He didn't shut himself down.

 

[Papelbon's Poutine]

Strasburg has thrown 200 innings in a season exactly once. That was the year he ruled himself out for the postseason as a precautionary move. He has only topped 160 innings one other season.

I'm glad my team didn't sign this deal, and I think Boras was shrewd to depart from his usual M.O. by signing an extension rather than testing the market.

Ummmm he didn't rule himself out. In fact he and his agent fought against it. The Nats made the decision.

 

[Wingack]

Seven years $175 million. I am pretty surprised that this got done.

http://m.mlb.com/news/article/177177026/nationals-stephen-strasburg-gets-extension

 

[SumnerH]

Merged the 2 Strasburg threads.

 

[Wingack]

Sure but even if there is that's still $30-40 million less than Price and Grienke got. He doesn't have a CYA, but he's also considerably younger. Debate can be had about the TJ depending on if you sit in the "makes him susceptible to another one" camp or the "hes already past it" camp. I'm guessing the doctors signed off on his elbow before they did this deal. Which is to say nothing of him being Boras and the shit show next years FA class is. This seems like one of the rare times Boras was told by his client to hit a number and then agree, rather than chase every dollar.

I wonder if this is a signal that the Nationals can work something out early with Boras for Harper.

 

[IpswichSox]

I wonder if this is a signal that the Nationals can work something out early with Boras for Harper.

I hope so because you know Cashman would back up the Brinks truck for Harper.

 

[jon abbey]

I'll eat my arm if Harper doesn't go to free agency.

 

[moondog80]

I'll eat my arm if Harper doesn't go to free agency.

I also figured no way, but I never though this would happen so close to Strasburg gifting the market, so maybe this does open the diode a tiny bit?

 

[moondog80]

Silly question that is purely hypothetical, but would you rather have Strasburg or Price right now?

 

[Wingack]

Silly question that is purely hypothetical, but would you rather have Strasburg or Price right now?

Easily Strasburg. Three years younger and currently performing better.

 

[Papelbon's Poutine]

At the respective price tags, I agree. I wouldn't cite Price's performance to date because we know he will revert to the mean and be the guy he's been his whole career. But if you offered me the two situations, I would go Stras. Washington made a nice move today and Rizzo should get kudos.

 

[Wingack]

At the respective price tags, I agree. I wouldn't cite Price's performance to date because we know he will revert to the mean and be the guy he's been his whole career. But if you offered me the two situations, I would go Stras. Washington made a nice move today and Rizzo should get kudos.

Yeah I wouldn't typically point to his current performance but he is over thirty and he "may" be past his prime. I don't think he necessarily he is, or it could be the start of a slow descent down the hill. But when you a pitcher signs a contract, getting several years before the age of thirty is a huge deal in my book, when comparing the two.

 

[HriniakPosterChild]

I wonder if this is a signal that the Nationals can work something out early with Boras for Harper.

I take it to mean that the agent did what the player asked him to do. If Harper wants to get a long term deal done without testing free agency, it can be had.

 

[Minneapolis Millers]

With their respective contracts, I'd take Strasburg over Price. That's a pretty fair deal for both sides, all things considered.

So, with Boras in an extending kind of mood, don't we have a player who could use a nice 6 year extension, maybe with a player/team mutual option in year 7? (Do we really want the team to wait until X starts hitting 25+ HR a year?)

 

[HriniakPosterChild]

The question is, is the player in an extending mood.

 

[E5 Yaz]

MLBTR: Strasburg will take home only $15MM annually over the seven seasons of the contract (2017-2023), Barry Svrluga of the Washington Post reports. The remaining $70MM will be deferred without interest and paid out in $10MM installments over 2024 through 2030.

 

[Average Reds]

The question is, is the player in an extending mood.

Yeah, we need to stop thinking that Scott Boras is the decision-maker in the contracts signed by players he represents.

 

[Frank Fenway]

MLBTR: Strasburg will take home only $15MM annually over the seven seasons of the contract (2017-2023), Barry Svrluga of the Washington Post reports. The remaining $70MM will be deferred without interest and paid out in $10MM installments over 2024 through 2030.

But future money is worth less!

 

[Buzzkill Pauley]

With their respective contracts, I'd take Strasburg over Price. That's a pretty fair deal for both sides, all things considered.

So, with Boras in an extending kind of mood, don't we have a player who could use a nice 6 year extension, maybe with a player/team mutual option in year 7? (Do we really want the team to wait until X starts hitting 25+ HR a year?)

No. There is another.

 

[dcmissle]

Yeah, we need to stop thinking that Scott Boras is the decision-maker in the contracts signed by players he represents.

Yes, and that has been the case for some time. Jason Varitek was not a one off

Absent an injury risk we are unaware of at this time, Boras probably advised SS to hit FA. But SS is the client; Boras works for him, not vice versa; and SS decides. All the rest is bullshit; Boras does not run MLB.

So, for example, it is not a foregone conclusion that Harper winds up in the Bronx.

 

[JimBoSox9]

Yeah, we need to stop thinking that Scott Boras is the decision-maker in the contracts signed by players he represents.

He's not the decision-maker, but he's hired by these people to give them advice, and they pay richly for the privilege.

 

[Rasputin]

He's not the decision-maker, but he's hired by these people to give them advice, and they pay richly for the privilege.

And they get to make the decision and several times that decision has not been to do everything possible to get every dollar.

 

[moondog80]

So, for example, it is not a foregone conclusion that Harper winds up in the Bronx.

No, but if I had to pick a horse, that's who I'm going with. The Yankees are shedding a ton of payroll the next few years, and I don't see a $130 payroll as the new reality for them.

The 2018/19 FA class could be insane. Some of these guys might sign extensions, but right now Bryce Harper, Manny Machado, and Jose Fernandez are all lined up to hit the market after their age 25 seasons. And some of these guys will decline between now and then, but David Price, Clayton Kershaw, and Jason Heyward all have opt-outs. Matt Harvey, Josh Donaldson and Andrew McCutchen hit the market too.

https://www.washingtonpost.com/news/sports/wp/2015/12/12/the-2018-mlb-free-agent-class-is-going-to-be-bonkers/

 

[FanSinceBoggs]

The SP free agent market for next off-season isn't overly exciting (even more reason why the Red Sox should look to upgrade the rotation this season through a trade):

http://www.spotrac.com/mlb/free-agents/starting-pitcher/

 

[soxhop411]

Strasburg left today's game in the third injury with what looks like an elbow injury. Guy has all the talent in the world but can't stay healthy

 

[soxhop411]

“@jonmorosi: Stephen Strasburg ”felt a pinch in the back of his elbow,“ according to #Nats manager Dusty Baker. MRI tomorrow. @MLB @MLBNetwork”

 

[LogansDad]

Flexor mass strain... potentially not season ending.

 

[Plympton91]

They went over the recent history of pitchers with this injury on MLB tonight. The best case scenario was Mat Latos. Ouch.

 

[B H Kim]

They went over the recent history of pitchers with this injury on MLB tonight. The best case scenario was Mat Latos. Ouch.

Andrew Miller had the same injury last year and missed only a few weeks.

 

[dcmissle]

Andrew Miller had the same injury last year and missed only a few weeks.

Ok. But the concern among a few thoughtful people here is precisely that the Nats may have recently bought a $175 million reliever.

 

[Broda]

With their respective contracts, I'd take Strasburg over Price. That's a pretty fair deal for both sides, all things considered.

So, with Boras in an extending kind of mood, don't we have a player who could use a nice 6 year extension, maybe with a player/team mutual option in year 7? (Do we really want the team to wait until X starts hitting 25+ HR a year?)

If rumors are true I think part of the Sox pitch to price included Stras in it.

Rumors are they told Price they had the budget to afford two $200m pitchers on their staff.

Looking at the FA market for after 2016....it had to be Stras they were talking about.

But with his latest injury, this deal doesn't look as bad for Stras as probably initially thought.

 

[simplicio]

If rumors are true I think part of the Sox pitch to price included Stras in it.

Rumors are they told Price they had the budget to afford two $200m pitchers on their staff.

Looking at the FA market for after 2016....it had to be Stras they were talking about.

But with his latest injury, this deal doesn't look as bad for Stras as probably initially thought.

The second $200 million guy might end up being Rick Porcello; his contract's up at the same time Price could exercise his option.

 

[Broda]

The second $200 million guy might end up being Rick Porcello; his contract's up at the same time Price could exercise his option.

I doubt the Sox are the one to pay him that money.

 

[curly2]

The second $200 million guy might end up being Rick Porcello; his contract's up at the same time Price could exercise his option.

Price can opt out after 2018. Porcello is under contract through 2019.

 

[simplicio]

Wow, that's fantastic; this whole time I've somehow been thinking he was just signed '15-'18. How on earth did people last year think that was a bad deal?

 

[Broda]

Wow, that's fantastic; this whole time I've somehow been thinking he was just signed '15-'18. How on earth did people last year think that was a bad deal?

1) he had never thrown a pitch for boston before

2) his actual 2015 season.

I thought it made sense cause if he repeated his 2014 in 2015 he would've gotten a 9 figure deal in FA.

It just looked really bad cause you could've gotten him for cheap this winter had they not signed that deal. But....it likely would've been a 1 year deal, and imagine what kind of contract Porcello would be looking at now...in THIS FA pitching market .