The changing nature of free agency has been a hot topic of late, as MLBTR noted earlier today. A series of high-profile extensions this spring have reinforced an apparent new trend towards teams retaining their best young players with long-term deals. As Larry Stone of the Seattle Times posits, this trend also increases the importance of scouting and developing young players, with MLB's recent spending limits potentially leveling the playing field between large and small-market clubs.
- Alex Rodriguez's record-breaking 2007 contract extension with the Yankees was re-visited in a piece on Saturday from David Waldstein of the New York Times. Waldstein reports on the events that ensued after Rodriguez exercised the opt-out clause in his contract, with the announcement infamously coming in the midst of what turned out to be the final game of the World Series. After receiving counsel from people ranging from Mariano Rivera to Warren Buffett, Rodriguez apologized to Hal and Hank Steinbrenner to pave the way to a new deal with the Yanks. The unprecedented contract included a $265MM salary guarantee over ten seasons, a $10MM signing bonus, and career home run milestone payments of up to $30MM. With Rodriguez now suffering from some combination of ineffectiveness, injury, and intrigue, Waldstein writes, New York may be exploring a variety of ways to get out from under the deal.
- An opt-out clause could play a big role in another potential ten-year commitment: the recently-inked eight-year, $120MM extension between Elvis Andrus and the Rangers. As Ken Rosenthal of FOX Sports explains, the deal's opt-out clause is likely to turn the Andrus extension into a four-year, $60MM deal. While this seems to be a big concession by Texas, Rosenthal says it was necessary to lock up four of the Scott Boras client's free agent years. The club will pursue insurance to protect itself in the event that Andrus does not exercise the opt-out clause due to injury. The deal also gives the Rangers plenty of flexibility to take advantage of super-prospect Jurickson Profar, either in their lineup (at second base) or via trade.
- While still not conforming his new deal, Andrus commented today on his relationship with Boras, as reported by T.R. Sullivan of MLB.com. Discussing his agent's penchant for testing the market, Andrus said: "We're the boss. I know everybody thinks that about Scott but it's different if you're the one in that position. He works for us. I know he tries to get the best deal that he can but it comes down to my choice and what's better for me and my family."
- Scott Kazmir appears close to coming all the way back to the big leagues after being activated by the Indians, writes Paul Hoynes of The Plain Dealer. In a corresponding move, the club optioned left-hander Nick Hagadone to Triple-A. Kazmir, who will now receive a $1MM base salary after initially signing a minor league deal, may still have to wait to actually make an appearance after straining his ab. As the Indians noted on Twitter, today's transaction allows the club to back-date a Kazmir DL stint if he is not ready to go.
- The Red Sox are signing infielder Brandon Snyder to a minor league deal, as first reported by Chris Cotillo (Twitter link). Alex Speier of WEEI.com confirmed (via Twitter) that Snyder, who was recently released by the Rangers, has signed with Boston and is headed to Triple-A Pawtucket.