Indians Sign Carmona To Extension

11:46am: Rosenthal says it’s $15MM over the four guaranteed years; that’s about the going rate.  That implies the free agent options average about $11MM per year.

My own opinion – the Indians still aren’t likely to re-sign Sabathia, but this deal has little bearing on that.  Perhaps the cost certainty and discount increase the chances ever-so-slightly.

10:12am: Castrovince has some details.  Carmona actually gets four guaranteed years.  The total package could be worth $43-48MM over seven years.

9:34am: According to ESPN’s Buster Olney, the Indians have signed starter Fausto Carmona to a three-year contract extension with club options for 2012-14.  A news conference is scheduled for this afternoon.  MLB.com’s Anthony Castrovince first suggested the possibility of a Carmona extension back in December.  I’m guessing $8MM or so is guaranteed over 2009-11, but we’ll see. 

Carmona, 24, broke out last year with 215 innings of 3.06 ball.  He’ll inherit the ace title if C.C. Sabathia departs after the season. 


blog comments powered by Disqus