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Twins Sign Nick Blackburn To Extension

By Luke Adams 2 | March 7, 2010 at 11:17am CDT

The Minnesota Twins have signed Nick Blackburn to a four-year, $14MM contract that includes an $8MM club option for 2014, according to a team press release.  Joe Christensen of the Minneapolis Star-Tribune says Blackburn will earn $750K this year, $3MM in 2011, $4.75MM in '12, and $5.5MM in '13.  The extension is very similar to Scott Baker's. 

Blackburn's first two full seasons in the Twins' rotation have been remarkably similar, with the right-hander posting an 11-11 record over 33 starts in both 2008 and 2009. His peripherals remained consistent as well, including a sparkling 1.8 BB/9 over the two seasons, along with a less impressive 4.4 K/9. The 28-year-old is one of many Twins pitchers who performed markedly better at home than on the road. He had a 3.57 career home ERA in the Metrodome era, and a 4.64 ERA in other stadiums.

The contract buys out all of Blackburn's arbitration-eligible seasons, with the Twins holding the $8MM option for his first potential season of free agency. Based on the righty's numbers to date, $14MM for the next four years looks like a reasonable price for the Twins. Blackburn's performance in those four seasons will dictate whether the Twins would be wise to invest another $8MM on him in 2014, at age 32.

The press release notes that the Twins also renewed the contracts of 20 other players, locking up each of the 40 players on their current roster for the coming season.

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Minnesota Twins Transactions Nick Blackburn

Discussion: Jacoby Ellsbury
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Week In Review: 2/28/10 – 3/6/10
View Comments (10)

Comments

  1. BadEnoughDude

    13 years ago

    Seems reasonable for a middle-of-the-rotation guy without a lot of upside. I like it.

    Reply
  2. Ferrariman

    13 years ago

    is blackburn’s agent the same guy who represents joe mauer? because that would explain why he was at the twins camp.

    Reply
    • twins33

      13 years ago

      I don’t know for sure, but I don’t think so.

      Reply
  3. 0vercast

    13 years ago

    Good bargain signing. Now for Slowey. But an $8M option for his first FA year? Seems a bit steep…

    Reply
    • melonis_rex

      13 years ago

      If he maintains performance, barring significant market crash, a 1/8 deal to buy out his first year of FA is really really good. Most likely, that option will be a no brainer when he hits FA.

      Reply
  4. wild05fan

    13 years ago

    If he’s that consistent for the next 4 years. For a guy who can pitch 200+ innings with a near 4 ERA every year in this day is well worth 8m.

    Reply
  5. TwinsVet

    13 years ago

    Keep in mind $8m four years from now likely will be more akin to $6.5m today. Perhaps even less, depending on how bullish you are on macroeconomic inflationary rates…

    I heard Bill Smith break it on the radio this morning – he didn’t release the pricetag. I was thinking the over/under was $20m. Very pleased with $14m. A guy who wins double-digit games and has an ERA around 4 seems likely to pick up more than an avg of $3.5m/yr in arbitration.

    Reply
  6. twins33

    13 years ago

    Like others have said, this is a good deal. If he continues on pace, he’d likely get a lot more in arbitration. Good deal for the Twins and security for Blackburn.

    Reply
  7. cman

    13 years ago

    This is a good signing. Now….. on to Slowey and hopefully Mauer.

    Reply
    • RonPauPresl2012

      13 years ago

      i would not move on to slowey just yet… he needs to prove that his wrist is healthy next season. Now Mauer on the other hand…

      Reply

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