Angels owner Arte Moreno said today that the team is flexible and is willing to negotiate a contract extension with closer Francisco Rodriguez during the season. K-Rod and his agent were strongly leaning toward putting talks off until after the season after an agreement could not be reached by Opening Day.
Twins closer Joe Nathan inked a four-year, $47MM deal in March. The total is the highest ever for a reliever, though Mariano Rivera earns $15MM annually on a three-year pact. Another comparable is Francisco Cordero’s four-year, $46MM deal. Nathan and Cordero both have fifth-year club options.
Assuming they hit the open market, the big name closers for the winter of 2008-09 are K-Rod and Brad Lidge. Will one top the $50MM mark or get five guaranteed years? Brian Fuentes and Brandon Lyon seem to fit into the second tier of free agent closers.
