Earlier this week, the Rangers officially signed Elvis Andrus to an eight-year extension with a vesting option for a ninth year that could bring the shortstop as much as $146.275MM. Of course, given the opt-out clauses that are worked in, it's more likely to become a four-year, $58MM extension if Andrus remains healthy.
- Reds, Joey Votto agree to a 10-year, $225MM extension. Votto became only the fifth player to crack the $200MM barrier and did so by signing the fourth-largest contract in baseball history.
- Giants, Matt Cain agree to a five-year, $112.5MM extension. At the time, this was the largest contract ever signed by a right-handed pitcher. What a difference a year can make! Cain has since been topped by Zack Greinke, Felix Hernandez and Justin Verlander.
- Rangers, Ian Kinsler agree to a five-year, $75MM extension. Kinsler's contract was the richest deal ever in terms of average annual value for second basemen at the time.
- Reds, Brandon Phillips agree to a six-year, $72.5MM extension. Phillips elected to forego free agency this winter by signing for six years last April.
- Giants, Madison Bumgarner agree to a five-year, $35MM extension. Bumgarner's deal runs through his first free agent season and contains a pair of club options.
- Angels, Erick Aybar agree to a four-year, $35MM extension. Aybar's contract will essentially pay him $5.5MM less per season than Andrus, assuming Andrus opts out following the fourth year of his deal.
- Mets, Jonathon Niese agree to a five-year, $25.5MM extension. Niese's deal bought out his first free agent year, and GM Sandy Alderson was able to secure a pair of below-market club options ($10MM and $10.5MM).
- Indians, Carlos Santana agree to a five-year, $21MM extension. Santana's contract came with just one-plus year of service time and includes an option for his first free agent season
- Indians, Asdrubal Cabrera agree to a two-year, $16.5MM extension. Cleveland managed to secure one of Cabrera's free agent years without taking on significant risk, financially speaking.
- Red Sox, Adrian Gonzalez agree to a seven-year, $154MM extension. Gonzalez, of course, would only serve about 15 months of that extension in Boston before being shipped to the deep-pocketed Dodgers last summer.
- Brewers, Ryan Braun agree to a five-year, $105MM extension. Braun was already under contract for four more seasons, but could be in Milwaukee through 2021 if both sides exercise his deal's mutual option. He could be a Brewer for life thanks to the biggest contract in Milwaukee history.
- Athletics, Trevor Cahill agree to a five-year, $30.5MM extension. Cahill's deal guarantees his first free agent season and has club options for $13MM and $13.5MM for the next two. Like Gonzalez, he'll be serving out the remainder of his deal with a new team -- the Diamondbacks.
- Red Sox, Clay Buchholz agree to a four-year, $29.945MM extension. Buchholz's deal locked in his first free agent season and contained identical club options to Cahill's deal ($13MM and $13.5MM).
- Giants, Freddy Sanchez agree to a one-year, $6MM extension. MLBTR was the first to report this extension, but I'd bet GM Brian Sabean would take this one back if he could. Sanchez was guaranteed a $6MM salary for 2012 but never played a game last season.