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Starlin Castro Rumors
The Cubs have signed Starlin Castro to a contract extension that will keep the 22-year-old shortstop under contract for the remainder of his 20s. The team officially announced a seven-year extension that covers Castro's four arbitration seasons and at least three seasons of free agent eligibility. Paul Kinzer of Wasserman Media Group represents Castro, whose seven-year deal includes $60MM in guaranteed money.
Castro has posted a .276/.311/.418 batting line with 12 homers in 540 plate appearances this season. Despite his youth, he already has three full seasons of MLB experience and was on track to go to arbitration for the first time this offseason. As a super two player, he has four seasons of arbitration eligibility.
The deal locks Castro up through 2019, which means he and prospects Jorge Soler and Gerardo Concepcion are the only Cubs players under contract beyond 2014. Soler's nine-year, $30MM contract extends through 2020 and Concepcion's five-year, $6MM contract extends through 2016.
Castro will receive a $6MM signing bonus before earning $5MM in 2013 and 2014, $6MM in 2015, $7MM in 2016, $9MM in 2017, $10MM in 2018 and $11MM in 2019, Ken Rosenthal of FOX Sports reports (Twitter links). If Castro finishes in the top five of the MVP voting twice over the life of his contract, his 2019 salary and the value of his $16MM option will each increase by $2MM. All told, the maximum value of his contract including escalators would be $79MM over eight years.
The eighth-year option includes a $1MM buyout that is part of the $60MM guarantee, Jon Heyman of CBSSports.com reports (on Twitter). The deal doesn't include a no-trade clause, Heyman reports (on Twitter).
Enrique Rojas of ESPNDeportes.com first reported that the sides reached an agreement after David Kaplan of CSNChicago.com first reported that the two sides were working on a long-term deal. Post by Ben Nicholson-Smith with Zach Links and Steve Adams. Photo courtesy of US Presswire.
FRIDAY, 5:58pm: Ken Rosenthal of FOX Sports reports that it would be a six or seven-year contract with a club option for one additional year. Castro is a Super Two, so the Cubs would be buying out all of four years of arbitration eligibility plus two or three free agent years. Talks continue to progress and a deal could be completed by next week.
THURSDAY, 10:58pm: Castro's agent Paul Kinzer confirmed to Bruce Levine of ESPNChicago.com that he has had talks with the club about a new deal. "I've been working with the Cubs on contract negotiations for a period of time," Kinzer said. "Starlin would like to be a Chicago Cub for many years to come."
8:23pm: The Cubs are working on a long-term deal with shortstop Starlin Castro, two industry sources told David Kaplan of CSNChicago.com. The deal could be for six or more years and is expected to be finalized before the end of the 2012 season.
A six-year deal would buy out Castro's remaining arbitration years and two years of free agency which he would reach after the 2016 season. Castro's agents at Wasserman Media Group are likely to look at fellow shortstops Hanley Ramirez, Jose Reyes, and Troy Tulowitzki as possible comps for the 22-year-old.
Earlier this year, Mike Axisa estimated that the Cubs will have to spend roughly $20MM to cover his arbitration years and $12-15MM for each year of free agency. Theo Epstein & Co. have an additional year of arbitration to cover as the shortstop is likely to qualify as a Super Two.
One baseball source opined to Kaplan that the Cubs were foolish to promote the shortstop as early as they did in the 2010 season. Had they waited longer to bring Castro to the big leagues, they could have delayed the start of his service clock and prevented him from achieving Super Two status.
Castro's offensive production hasn't been as strong as it has in the previous two seasons as he's hitting .276/.307/.422 with 12 homers in 495 plate appearances. Defensively, Castro has a UZR/150 of 5.1, the best of his three campaigns.
Mike Axisa contributed to this post.
A look at news on Reds and the Cubs..
- Starlin Castro's agent, Paul Kinzer, told Fred Mitchell of the Chicago Tribune that he planned on tabling contract talks until after the season until the Cubs approached him. The two sides are working on a new deal that would keep him in Chicago through 2018 and possibly beyond.
- Manager Dusty Baker and the Reds still have yet to have talks about a contract extension and Baker says that he doesn't expect to do so anytime soon, writes John Fay of the Cincinnati Enquirer.
- Meanwhile, team president Bob Castellini told Barry M. Bloom of MLB.com that he hopes to have Baker as a part of the Reds organization for a long time. Castellini wouldn't tip his cap as to when contract talks could get started between the two sides but indicated that the timing would likely be agreed upon mutually.
- Castro has instructed Kinzer not to give him updates on the negotiations and to only notify him when a deal is done, tweets Doug Padilla of ESPNChicago.com.
At least one baseball person wonders if Ryan Dempster hurt his free agent stock by agreeing to join the Rangers, ESPN.com’s Buster Olney reports. The American League, referred to by one general manager as "the big boy league," features some high-powered offenses that could have impact Dempster’s numbers and diminish his leverage in offseason contract talks. Here are more notes from Olney…
- The Dodgers were interested in Dempster, but they never pushed for him, Olney reports. The Dodgers didn’t want to trade from their core of good prospects and they didn’t waver when the Cubs asked about their top minor leaguers.
- Olney suggests teams like the Red Sox and Orioles could have interest in Brandon McCarthy if the Athletics place him on waivers when he returns from the disabled list.
- Before the trade deadline, the Phillies made it clear that they would not pick up any of Cliff Lee’s salary in a trade and would also want prospects in return for the left-hander. Olney suggests it’s highly unlikely Lee will be moved in a waiver deal this month.
- Starlin Castro’s name came up in conversations between the Cubs and Diamondbacks leading up to the trade deadline, Olney writes. However, both sides moved on quickly and a deal was never close.
- Olney wonders if the Nationals could pursue in Derek Lowe given their interest in adding pitching leading up to the trade deadline.
Trading Felix Hernandez for offense would make sense for the Mariners, Ken Rosenthal of FOX Sports suggests. Hernandez, who’s under contract through 2014 and can block deals to ten teams, has a 3.52 ERA with 8.7 K/9 and 2.9 BB/9 in 94 2/3 innings this year. Here are more of Rosenthal’s notes from around MLB…
- Few teams are willing to take on high salaries and part with premium prospects, Rosenthal writes. This would limit the Mariners’ potential trade partners were they to consider trading Hernandez.
- The Mariners asked the Cubs about Starlin Castro and asked the Royals about Billy Butler in recent weeks, Rosenthal reports. They also talked to other clubs about potential trades for hitters, but none of the discussions progressed.
- Virtually every team contacted the Cubs following a report indicating that Castro was available. However, the Cubs haven’t actually put Castro on the trading block.
- Butler is also relatively untouchable, Rosenthal writes. The Royals consider him a core piece.
Two days ago we heard that the Cubs are letting teams know that almost all of their players — other than Jeff Samardzija and Starlin Castro — are available in trades. Chicago's north side will be a hot source of rumors over the next few weeks, so let's keep track of today's news here, with the latest up top…
- Contrary to spring rumors, the Cubs never had a handshake agreement with outfielder Jorge Soler, but their interest in the Cuban was legit and figures to intensify now that he's officially a free agent, writes Paul Sullivan of the Chicago Tribune. Manager Dale Sveum, who watched Soler workout this offseason, described his hitting as "pretty strong" today.
- Matt Garza is available for the right offer, reports ESPN's Buster Olney (Twitter links). The Yankees have interest and Olney speculates that the Blue Jays could be a fit given their need for high-end starting pitching and cache of tradeable prospects.
- "If I'd known that, it would have made me think about it," said Castro to reporters (including Paul Sullivan of The Chicago Tribune) when asked about the trade rumors. "That's what I want — to be here all my career. I don't want to go anywhere. I have my family here. I don't want to be traded."
Cubs president of baseball operations Theo Epstein has denied that his team is exploring deals for Starlin Castro, report Doug Padilla and Bruce Levine of ESPN Chicago. "Starlin Castro is the type of player we're looking to build around," Epstein said. "There has been no trade consideration with him whatsoever."
USA Today's Bob Nightengale reported earlier today that the Cubs were open to dealing anyone but Jeff Samardzija from the roster, including Castro, who was reportedly available for the price of "two impact prospects." Castro, 22, is under team control through 2016 and is arbitration-eligible for the first of four years this winter due to his Super Two status.
Padilla and Levine cite an Epstein quote from earlier in the week, where the executive said that while no player was entirely untouchable, some players "are core pieces that it's almost impossible to foresee moving. You would have to be completely blown away to even contemplate it." Clearly it would take such a knockout trade offer for the Cubs to swap Castro, who would be the most sought-after trade chip in baseball if Chicago actually put him on the market. It wouldn't be out of the question for the Cubs to ask for not just two major prospects in exchange, but also for a team to take Alfonso Soriano's big contract (roughly $48MM remaining through 2014) off the Cubs' hands.
6:31pm: Castro is "first on the list of players [the Cubs] won't trade," according to a team that recently spoke to the Cubs, reports Danny Knobler of CBS Sports. Knobler also says the Cubs have told teams that they will cover as much as $45MM of the approximately $48MM remaining on Soriano's contract if the outfielder is moved (Twitter link). At least one team has already expressed interest in Dempster, tweets ESPN's Buster Olney.
1:45pm: The Cubs are letting teams know that nearly every player except Jeff Samardzija is available in trades, Bob Nightengale of USA Today reports. Some teams are already calling the 18-32 Cubs about potential deals.
"We're starting to get some early calls now," president of baseball operations Theo Epstein told Nightengale. "There might be fewer sellers than usual and a lot more buyers. This has a chance to help us. We need core players."
Starlin Castro could be obtained for two impact prospects, according to Nightengale. First baseman Bryan LaHair and starters Matt Garza and Ryan Dempster could also be acquired. The Cubs will contribute cash in a deal involving Alfonso Soriano, who earns $18MM per season through 2014.
Though Epstein's longtime team, the Red Sox, hasn't been a seller for years, Chicago GM Jed Hoyer was trading Major Leaguers for prospects as recently as last summer. He acquired Joe Wieland and Robbie Erlin from the Rangers for Mike Adams in 2011 when he was the Padres' GM.
Jon Heyman of CBSSports.com lists 45 potential trade candidates in anticipation of this summer’s deals. Here are some highlights, starting with a team that could be a buyer, rather than a seller:
- One GM questions Zack Greinke’s ability to thrive in major markets. Keep in mind that Brewers owner Mark Attanasio has a buyer’s mindset as the deadline approaches. Greinke and others on Milwaukee’s roster may not be available.
- Fellow Brewers starter Shaun Marcum is no better than a fourth starter in the American League, according to a GM. It's worth noting that Marcum posted a 3.85 ERA with 7.3 K/9 and 2.8 BB/9 in five seasons in the American League East when he pitched for the Blue Jays.
- An American League executive said Padres starter Edinson Volquez “has good value,” Heyman reports.
- One person said Twins left-hander Francisco Liriano is worth a short-term look.
- Royals GM Dayton Moore may like Jeff Francoeur more than any other team does.
- Jeremy Guthrie will have to string together some quality outings to restore his trade value, one executive said.
- Heyman hears from a Cubs official who says the team hasn't mentioned Starlin Castro's name in trade talks (Twitter link). The Cubs appear to be willing to listen on most of their players, including Castro.
Cubs shortstop Starlin Castro is off to a fine start this season and is likely in position to start talking about a long-term deal with the club. However, agent Paul Kinzer told Fred Mitchell of the Chicago Tribune that he won’t seek a new contract for his client during the season.
“Maybe after the season, but I’m not really interested during the season to talk about it,” Kinzer said. “I don’t want any distractions.”
Kinzer went on to say that Castro enjoys playing in Chicago and expects to talk with the club eventually about a long-term pact. As it stands now, the All-Star will become eligible for arbitration after this season and is in line for free agency after the 2016 campaign. The 22-year-old has Super Two status, giving him an additional year of arbitration eligibility.