It’s been a big week for extensions, as Joey Votto and Matt Cain signed historic contracts on Monday. Here are some extension updates from around the league, starting with a couple additional notes on Votto’s deal.
- John Fay of the Cincinnati Enquirer has the annual breakdown of Votto's deal (Twitter links). He'll earn $12MM in 2014, $14MM in 2015, $20MM in 2016, $22MM in 2017, and $25MM during each of the final six years. The club option for 2024 is worth $20MM with a $7MM buyout.
- Jon Heyman of CBSSports.com has a breakdown of Jonathon Niese's new extension with the Mets (on Twitter). The southpaw gets a $250K signing bonus with annual salaries of $769.5K, $3MM, $5MM, $7MM, and $9MM. The two club options ($10MM and $11MM) can each be bought out for $500K.
- Reds president and CEO Bob Castellini was the one driving the Votto deal, ESPN.com’s Jerry Crasnick tweets. Other ownership groups have some concern over the ten-year deal, Crasnick adds.
- The Rangers are discussing a long-term deal with Ian Kinsler, and while the sides are in agreement on the contract length — six years — they haven’t yet found common ground in terms of contract value, according to Jeff Wilson of the Fort Worth Star-Telegram. Kinsler doesn’t want to negotiate after the season begins on Friday.
- Casey Close, the agent for Zack Greinke, and Brewers GM Doug Melvin will speak tomorrow to “fill each other in on where discussions stand,” the GM told Adam McCalvy of MLB.com. Greinke had been representing himself, but his new agent will handle talks from here on.
Mike Axisa contributed to this post.