Angels Open To Extensions With Street, Iannetta, Richards

The Angels are planning to discuss an extension with closer Huston Street in Spring Training and are also open to extensions with catcher Chris Iannetta and budding ace Garrett Richards, reports Alden Gonzalez of MLB.com. The Halos, in fact, have already approached Street about the possibility, Gonzalez adds.

An extension with Street has been a known possibility for some time, as GM Jerry Dipoto told Gonzalez back in November that the two sides would talk during Spring Training. However, interest in extending Iannetta had not surfaced publicly prior to this point.

Interestingly, Street will represent himself in any contract negotiations, the reliever himself told Gonzalez in that same November piece by Gonzalez. A former client of Hendricks Sports, Street earned $7MM in both 2013 and 2014, and he’ll earn the same amount in 2015.

Street’s strikeout rate rebounded from a career-low 7.3 K/9 in 2013 back up to a more typical 8.7 K/9 in 2014, and he enjoyed his second sub-2.00 ERA campaign of the past three seasons. Although his ERA has fluctuated significantly over the past four seasons, his efforts have netted a 2.49 ERA in 213 1/3 innings with 8.6 K/9 and 2.0 BB/9. ERA estimator SIERA has pegged Street as a sub-3.00 ERA reliever in five of the past six seasons, with the lone exception being the aforementioned 2013 season in which his strikeout rate dipped.

As for Iannetta, it makes sense to see the Halos interested in retaining him, given the fact that the soon-to-be 32-year-old is slated to be one of the top backstops available on next year’s open market, alongside Matt Wieters and Alex Avila. Iannetta offers not only respectable pop from behind the dish (.148 ISO with the Angels) but also has posted gaudy OBP numbers for much of his career thanks to a lifetime 14.2 percent walk rate. He does leave something to be desired in terms of pitch framing and is a bit below average in terms of career caught-stealing rate, but he’s a consistently valuable option behind the dish.

Richards and the Angels have to hammer out his arbitration salary — he filed for a $3.8MM salary, while the team countered at $2.4MM, as can be seen in our Arbitration Tracker — and talks are said to be progressing slowly, per Mike DiGiovanna of the L.A. Times (Twitter link). DiGiovanna adds that to this point, there’s been no discussion of a multi-year pact with Richards’ representatives at Relativity Baseball, and Gonzalez did caution that such negotiations might not even begin until after Opening Day.

However, as MLBTR’s Extension Tracker shows, Relativity has been amenable to extensions for young starters in the past, as they negotiated long-term deals for Chris Archer, Julio Teheran, Madison Bumgarner and Jon Lester prior to those players reaching three years of big league service. Of course, Richards is a Super Two player and already eligible for arbitration, so he figures to be a more expensive commodity than the aforementioned names, who signed prior to arbitration.

Uncertainty surrounding Richards’ health as he recovers from knee surgery may be a factor in potentially delaying talks until the season begins, though Gonzalez reports that the right-hander is running on 75 percent of his body weight and should progress to 100 percent next week. He’s expected to be ready to begin throwing off a mound around the time the club begins its workouts in Spring Training. GM Jerry Dipoto wouldn’t comment on extension talks with Richards (or any other player), but he expressed confidence that the Angels would avoid an arbitration hearing with Richards, Matt Joyce and David Freese, Gonzalez writes.