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Rangers, Holland Put Extension Talks On Hold
The Rangers and left-handed starter Derek Holland have stopped discussing a possible contract extension for the time being, Richard Durrett of ESPNDallas.com reports. The Rangers and Holland’s representatives at Martini Sports Management started discussing a long-term deal in December, but aren’t likely to resume negotiations this offseason.
Holland, who missed this year's super two cutoff and is not yet arbitration eligible, will remain under team control through 2015. A five-year deal would buy out one pre-arbitration season, his three years of arbitration eligibility and his first season of free agency.
The 25-year-old posted a 3.95 ERA with 7.4 K/9, 3.0 BB/9 and a 46.4% ground ball rate in 198 innings this past season. He set career highs in everything from ERA to innings to strikeouts (162) to wins above replacement (3.6).
Yovani Gallardo, Ricky Romero, Jon Lester, Clay Buchholz and Trevor Cahill are unavoidable points of reference for the Rangers and Holland’s representatives. All five starters signed five-year deals in the $30MM range at similar stages in their respective careers. Holland has more career innings than any of those pitchers did at the time of their extensions, but none of them had a career ERA above 3.94 at the time of their deals, while Holland has a career mark of 4.73. Options are often a point of contention in extension talks, so it's worth noting that the deals for Cahill and Buchholz include two club options, while the other deals include just one.
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