The A’s signed Kurt Suzuki to an extension that will keep the catcher in Oakland through 2013, according to Joel Sherman of the New York Post (via Twitter). The A’s, who have been discussing a possible extension with Suzuki since the spring, added a 2014 option to the deal.
Susan Slusser of the San Francisco Chronicle reports that the deal guarantees Suzuki $16.25MM over four years, supplanting his 2010 contract. The 2014 option will vest if Suzuki plays in 118 games in 2013, and would earn him $9.25MM. If the option doesn't vest, the club could still choose to exercise it for $8.5MM or buy it out for $650K. Suzuki would have been eligible for free agency after 2013, so the extension buys out his three arbitration seasons and possibly a free agency season.
When MLBTR's Tim Dierkes examined a possible Suzuki extension in April, he suggested that the backstop ought to seek at least $12MM for his remaining arbitration years, so the $16.25MM figure is a little higher than we were expecting for the 26-year-old.
Suzuki is hitting .257/.316/.408 this season, right in line with his career averages. He is throwing 26% of would-be base stealers out, also in line with his career marks.