July 20th: The Brewers offered Greinke a five-year deal worth $100MM-plus sometime in the past few weeks, Jon Heyman of CBSSports.com reports. However, there's no indication the right-hander will sign quickly. One person told Heyman the proposed extension was worth close to $112.5MM — Matt Cain territory.
July 13th: The Brewers are believed to be willing to offer Zack Greinke an extension worth close to $100MM over five years, Jon Heyman of CBSSports.com reports. However, people close to the team aren’t particularly hopeful that the right-hander will bypass free agency with just half a season remaining on his contract.
Brewers president of baseball operations Doug Melvin declined to discuss Greinke’s situation in detail, but he acknowledged that “players at that level who get this close to free agency do tend to test the market.''
The Brewers open the second half of the season with series against three NL Central rivals: the Pirates, Cardinals and Reds. If they don’t establish themselves as contenders within ten days or so, they could explore trades for Greinke. Clubs such as the Rangers, Angels and Braves have already expressed interest in the right-hander.
Matt Cain’s five-year, $112.5MM extension figures to be a point of reference in talks between the Brewers and Casey Close, Greinke’s representative. Cole Hamels, another prospective free agent whose name has surfaced in trade talks, can reportedly expect a major offer from the Phillies in the near future.