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Cardinals Extend Stephen Piscotty

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The Cardinals have formally announced a new long-term pact with another key contributor: outfielder Stephen Piscotty has signed a six-year extension with an option for a seventh season.

Stephen Piscotty | Charles LeClaire-USA TODAY Sports

Piscotty, who is represented by CAA Sports, will reportedly be guaranteed $33.5MM on the deal. That includes a $2MM signing bonus, salaries of $1MM in 2017-18, $7MM in 2019-20 and $7.25MM in 2021-22. There’s also a $1MM buyout on a $15MM option for the 2023 season. Furthermore, Piscotty will earn $500K if traded prior to the completion of the 2021 season and $1MM if he is traded thereafter. Performance escalators can boost the value of the option, giving him a chance to top out at $50.5MM over seven years.

The Piscotty contract marks the third notable extension since the end of the 2016 campaign for Cardinals general manager John Mozeliak and his staff. St. Louis has also extended burgeoning ace Carlos Martinez this winter, and franchise icon Yadier Molina wrapped up a three-year contract extension of his own over the weekend.

The 26-year-old Piscotty was the 36th overall selection in the 2012 draft and has blossomed from one of the Redbirds’ top prospects to their everyday right fielder over the past two seasons. In that time, Stanford product has established himself as a well-above-average bat, hitting a combined .282/.348/.467 with 29 home runs through his first 216 MLB games (905 plate appearances).

From a defensive standpoint, Piscotty has been four runs above average in right field per both Defensive Runs Saved and Ultimate Zone Rating to this point in his young career. He’s also demonstrated a bit of versatility, logging 76 innings in center field and 57 at first base over his first two seasons. While he’s probably not going to see much time in center field moving forward — Dexter Fowler is signed to a five-year deal, and left fielder Randal Grichuk would probably slide over in the event of a Fowler injury — the ability to occasionally spot Piscotty there or at first base certainly carries a bit of value for the Cards.

Piscotty has just one year, 76 days of Major League service time, meaning he wouldn’t have been eligible for arbitration until the completion of the 2018 season and wouldn’t have been a free agent until the 2021-22 offseason. Piscotty falls shy of the current record for a player in the one-plus service class, which is held by Andrelton Simmons at seven years and $58MM (as can be seen in MLBTR’s Extension Tracker). Christian Yelich’s seven-year, $49.57MM pact is tops among all one-plus outfielders. Piscotty falls shy of both of those marks, though he’s also two to three years older than either of those players were when they inked their respective deals.

Today’s extension means that Piscotty can’t become a free agent until the completion of his age-31 season and, if he remains productive, that he likely won’t reach the open market until he is entering his age-33 campaign. That certainly limits his future earning power, though one can hardly fault a 26-year-old that is still five full years from reaching the open market and two years from reaching arbitration for electing to lock in his first eight-figure payday. Piscotty’s deal is the eighth-largest ever signed by a player with one-plus years of service, so while he didn’t establish any new sort of precedent, the deal falls within the range of reasonably plausible outcomes.

Jon Morosi of MLB Network reported that the two sides were progressing on a deal (Twitter link). FanRag’s Jon Heyman tweeted that the two sides had reached an agreement and also tweeted the guaranteed portion of the contract. USA Today’s Bob Nightengale first suggested the six-year term (Twitter link). FOX’s Ken Rosenthal provided the year-to-year breakdown (Twitter links).

Photo courtesy of USA Today Sports Images.

Reactions To The Yadier Molina Extension

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Here’s a collection of reactions to the Cardinals’ new three-year, $60MM extension with Yadier Molina:

  • The Cardinals originally wanted Molina’s extension to be a two-year deal, while Molina’s camp preferred four to five years, Fan Rag’s Jon Heyman writes. The two sides met in the middle at three years. Heyman acknowledges the deal is long and expensive for a catcher in his mid-30s, but says if the Cardinals were going to bend the rules for anyone, it should be for a “legend” like Molina.
  • Many fans seem to think the Cardinals overpaid, but Ken Rosenthal of FOX Sports disagrees. Like Heyman, Rosenthal argues that Molina’s value is greater than statistics like WAR would suggest, given the hard-to-quantify value Molina creates in his work with the Cardinals’ pitching staff. Rosenthal also points out that the Cardinals franchise and the game in general are awash in money, and he describes Molina’s new deal as being partially a reward for what he’s already accomplished for the team. That last argument, of course, seems unlikely to sway fans who believe the Cardinals overpaid, although there’s no arguing his point that the Cardinals can afford to pay Molina a robust salary.
  • Benjamin Hochman of the St. Louis Post-Dispatch also points out that the Cardinals’ new $1 billion television contract should insure the Cardinals against worries that they can’t afford Molina. Hochman describes the deal as a “statue signing” and links Molina to a line of all-time-great catchers that also includes Johnny Bench and St. Louis native Yogi Berra.
  • The deal is not a “legacy contract,” says Cardinals GM John Mozeliak, via USA Today’s Bob Nightengale. “We believe he can compete at the highest level, and we still feel that Yadi is one of the best catchers in the game,” Mozeliak says. “Today is not about a sun-setting career. This is about us retaining the greatest catcher ever to wear the Cardinals uniform.”

Cardinals Extend Yadier Molina

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The Cardinals and catcher Yadier Molina have finalized a three-year extension that will guarantee the seven-time All-Star $60MM, making him the majors’ highest-paid catcher by average annual value. Molina will collect $20MM in each season of the deal, which doesn’t include any deferred money.

Yadier Molina | Jeff Curry-USA TODAY Sports

St. Louis and Molina were reportedly in serious talks over the duration of Spring Training, with an update last weekend suggesting that the two sides had “made progress” on a deal. Molina is represented by MDR Sports Management.

The new contract will keep the franchise icon in St. Louis through the 2020 campaign rather than allowing him to hit free agency at season’s end. Though he’s set to turn 35 years of age in July, Molina remained a productive backstop in 2016, hitting .307/.360/.427 with eight homers and 38 doubles in 581 plate appearances.

Molina also retained well above-average marks in terms of pitch-framing — a trend that has followed him throughout a career that has seen him earn eight Gold Glove nods, four Platinum Glove Awards and a Silver Slugger. He’s garnered MVP votes on five occasions, including a pair of Top 4 finishes in 2012 and 2013.

Of course, Molina is hardly without his red flags. He’s already 34 years of age and will turn 35 this July, meaning he’ll be 38 years of age for the final three months or so of this contract in 2020. Beyond that, Molina has seen his power numbers dip since his 2011-13 peak.

While some of that could potentially be attributed to a surgeries to repair torn ulnar collateral ligaments in each of his thumbs, and he did demonstrate an uptick in pop last year, there’s no guarantee that he’ll return to his previous levels of power output. And, if his power production trends in the other direction, as it did in 2015, Molina’s limited on-base skills (6.2 percent walk rate since 2013) create the possibility that he could be a decidedly below-average hitter. In fact, dating back to 1900, only nine qualified catchers have turned in even a league-average batting line between their age-35 and age-37 seasons (hat tip: Fangraphs leaderboards).

On the defensive side of the coin, though his framing marks remained excellent, Molina threw out a career-worst 21 percent of attempted base thieves during the 2016 campaign. His career 42 percent caught-stealing rate lends plenty of reason to expect a rebound, but the surprising dip in effectiveness is nonetheless worth monitoring.

Molina joins Buster Posey, Brian McCann and Russell Martin as catchers with average annual values of more than $16MM on their respective contracts. Molina suggested last week that there are “too many” catchers earning more than him. Posey’s $18.56MM annual rate had been tops among backstops, but he’ll slide to second in the wake of the Molina extension.

From a bigger-picture perspective, the move to extend Molina effectively blocks top catching prospect Carson Kelly for another three seasons, which will inevitably lead to some degree of trade speculation surrounding the talented 22-year-old. Kelly rates as a consensus Top 100 prospect, with MLB.com rating him 39th overall in the game. ESPN’s Keith Law ranked him 51st on his Top 100 this offseason, while Baseball America tabbed him at No. 65 overall and Baseball Prospectus placed him 81st in the game.

FOX Sports’ Ken Rosenthal first reported the two sides were nearing a deal. FanRag’s Jon Heyman first reported an agreement was in place, and he reported the exact value. USA Today’s Bob Nightengale reported the yearly salaries. Photo courtesy of USA Today Sports Images.

Minor MLB Transactions: 3/31/17

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Here are the latest minor moves from around the game:

  • Utilityman Munenori Kawasaki is heading back to Japan after inking a deal with the Fukuoka SoftBank Hawks, his former NPB club, as Nikkan Sports reports (Japanese language link). The 35-year-old has enjoyed an interesting stint in North America, drawing plenty of attention for his clown prince role in the dugout. But he hasn’t played all that much, particularly over the past two seasons. If this is it for Kawasaki stateside, he’ll stand on a .237/.320/.289 slash line with one single dinger over 738 plate appearances.
  • Righty Mark Montgomery has landed a minor-league deal with the Cardinals after being released by the Yankees, Josh Norris of Baseball America reports (Twitter links). The 26-year-old has battled control problems at times, but has also shown his share of promise. Last year, over 45 2/3 innings in the upper minors, he worked to a 2.56 ERA with 12.4 /9 against 4.3 BB/9 while allowing only 31 hits.
  • The Indians released slugger Wily Mo Pena, the team announced. The 35-year-old hasn’t played in the majors since 2011, but had been quite productive during a stint in Japan. Over four years with three different NPB clubs, he slashed .264/.355/.460 with 71 long balls. Pena did not play last year and didn’t get much of a look this spring; it’s not clear at this point what his future intentions are.
  • Plenty of other players have also been set free by organizations that do not have anywhere to put them. Among them, the Braves have released first baseman Balbino Fuenmayor, MLBTR’s Steve Adams tweets. He has put up big numbers at times, most recently in the Venezuelan winter league, but has yet to receive a shot at the majors. Also hitting the open market, after spending camp with the Rangers, is righty Anthony Carter. (Also per Steve, via Twitter.) The 30-year-old, who’s also looking to stamp a ticket to the majors for the first time, did at least show that he’s back to health. And seven-year MLB veteran southpaw James Russell followed Pena out the door. He was cut loose today by the Indians, per a club announcement.

Heyman’s Latest: Quintana, Lindor, Rays, Rangers, Coghlan, Nathan

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The Cardinals have shown at least some interest in White Sox lefty Jose Quintana, reports Jon Heyman of FanRag Sports, though he makes clear there’s no indication that Chicago is likely to strike a deal for the lefty before the start of the season. It seems that the Cards’ interest is something worth bearing in mind as the season progresses and their rotation needs come into focus, though certainly other teams will also continually monitor the asking price for Quintana. St. Louis, of course has already lost young Alex Reyes for the year due to Tommy John surgery and will reportedly place Trevor Rosenthal on the disabled list to open the season.

Heyman also has new notes columns on both the American League and National League, and here are a few highlights from those pieces…

  • Extension talks between the Indians and star shortstop Francisco Lindor do not appear to have gained much traction, per Heyman. There’s just not enough incentive for him to take a deal, Heyman suggests, due at least in part to the fact that Lindor has landed a significant marketing contract with New Balance. It’s also perhaps worth noting that Lindor received a $2.9MM signing bonus when he was drafted eighth overall back in 2011.
  • The Rays are still on the hunt for outfield help, though the addition of Peter Bourjos to the organization gives them one potential fourth outfield option. Heyman lists free agent Angel Pagan and the Cubs’ Matt Szczur as speculative fits, though the out-of-options Szczur made Chicago’s Opening Day roster, which seemingly lessens the chance of a trade. Heyman also notes that the Rays “came close” to locking up right-hander Alex Cobb on an extension on multiple occasions in the past, but the deal was never quite completed. Given Cobb’s arm troubles over the past two years, perhaps that’s somewhat of a dodged bullet for the Rays (though the 29-year-old is certainly a candidate to bounce back).
  • Rougned Odor’s representatives were prepping a counter-offer to the Rangers’ six-year, $49.5MM extension proposal when they were informed, firmly, that the $49.5MM sum was the team’s best and final offer, according to Heyman. Ultimately, the 22-year-old and his reps at the Beverly Hills Sports Council elected to take the deal, locking in the powerful young second baseman’s first massive payday. While there have been talks with another promising young Rangers talent, Nomar Mazara, Heyman adds that there’s “nothing substantive” between the two sides to this point.
  • Marlins president of baseball operations Michael Hill suggested he has high hopes in comments to Heyman. He says he believes the team’s rotation is “solid” and that its pen “is the best in the league, collectively.” While some may raise an eyebrow at that statement, given the lack of name value in the Marlins’ relief corps, the Fish do have a rather deep collection of bullpen arms. As it stands, A.J. Ramos, Kyle Barraclough, Brad Ziegler, Junichi Tazawa and David Phelps make a formidable one through five in that ’pen. Also of note is the fact that the Marlins are hopeful that injured third baseman Martin Prado, who suffered a Grade 1 hamstring strain in the World Baseball Classic, will be back at some point in April. The team plans to use Derek Dietrich, who hit .279/.374/.425 in 412 plate appearances last year, in Prado’s absence.
  • It seems the Phillies would have carried veteran Chris Coghlan, except that he declined to sign a 45-day advance consent form. While not an oft-discussed clause, the 45-day advance consent allows a team to cut or option a healthy veteran — the clauses can only be offered to players with five or more years of service — for any reason within the first 45 days of the season. Former MLBTR scribe Zach Links (now the editor of our sister site, Pro Football Rumors) took a much deeper look at advance consent clauses back in 2014 after veteran left-hander Randy Wolf somewhat surprisingly requested his release from the Mariners when asked to agree to such a condition.
  • Veteran righty Joe Nathan is still looking to latch on elsewhere after being released by the Nationals earlier this week. The former All-Star was appreciative that the Nationals allowed him to pitch once more in a game even after that decision was made, as it allowed scouts from other clubs to see him in a game setting. The 42-year-old Nathan logged a 3.86 ERA with 15 hits, three walks and nine strikeouts in 11 2/3 innings this spring. That showing comes on the heels of 6 1/3 shutout frames between the Cubs and Giants last year as well as a 2.35 ERA in 15 1/3 minor league innings. Despite his age, Nathan is attempting to reestablish himself after undergoing Tommy John surgery as a 40-year-old in 2015.

Trevor Rosenthal To Open Season On DL

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Cardinals righty Trevor Rosenthal will open the season on the DL, Jenifer Langosch of MLB.com reports (Twitter links). Sam Tuivailala will take his place on the active roster. St. Louis has three other righties heading to the DL as well: Alex Reyes (who’ll miss the year after Tommy John surgery), John Gant and Tyler Lyons.

A lat issue had slowed Rosenthal earlier in camp, but he had seemed on track to start the year back in the bullpen. Though he had been working to stretch out as a starter, the club did not seem to have a rotation spot open — and Rosenthal’s delay apparently nixed that idea.

It seems that the lat injury is to blame, Derrick Goold of the St. Louis Post-Dispatch notes on Twitter, though it’s not apparent whether there was any kind of setback. Rosenthal had been able to throw ten spring frames, allowing two earned runs on ten hits while compiling 11 strikeouts against five walks.

Cardinals Add Eric Fryer To 40-Man Roster

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The Cardinals announced on Wednesday that they’ve selected the contract of catcher Eric Fryer and placed injured left-hander Zach Duke on the 60-day disabled list to create a spot on the 40-man roster.

The 31-year-old Fryer batted .267/.336/.319 in 133 plate appearances as a backup between St. Louis and Pittsburgh last season and returned to the Redbirds on a minors pact this winter. With today’s move, Fryer has officially won a reserve spot with the Cardinals once again. He’ll serve as the backup to Yadier Molina in 2017 and could also function as a stopgap of sorts while highly touted catching prospect Carson Kelly continues to develop in the minors.

With Fryer’s addition to the Opening Day roster, the Cardinals are largely set on the position-player side of the equation, as can be seen on their depth chart at RosterResource.com. The veteran Fryer will be joined on the Cardinals’ bench by the likes of Matt Adams, Jedd Gyorko (who figures to platoon with Kolten Wong), Greg Garcia and Jose Martinez, who won the team’s reserve outfield role over the weekend.

NL Central Notes: Reds, Wong, Hutchison, Szczur

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In an appearance on the podcast hosted by C. Trent Rosecrans and Zach Buchanan of the Cincinnati Enquirer, Reds president of baseball operations Dick Williams shared some interesting thoughts on his team and possible areas for innovation. (You can find a writeup of Williams’ comments and a link to the podcast right here.) Williams spoke in particular about the notion of “breaking down the barriers between roles,” both for pitchers and position players. Especially for a small-market team, he said, it’s necessary to question traditional thinking. While it’s hardly clear that the Reds will be tinkering just for the sake of experimentation — Williams says that creative approaches will be attempted “in the context of the talent we have coming” — he did note that it’s intriguing to imagine the possibility of a staff made up mostly of multi-inning pitchers who aren’t strictly classified as starters or relievers. It’s a fun and worthwhile listen.

Here’s more from the NL Central:

  • Cardinals GM John Mozeliak expressed some displeasure with recent comments from second baseman Kolten Wong, as ESPN.com’s Mark Saxon writes. Wong had stated rather forcefully that he was uninterested in sharing time at second — a possibility that has been discussed (externally, at least) due both to his continued struggles at the plate this spring and the presence of Jedd Gyorko. Though Wong softened his initial statement, making clear he wants to remain in St. Louis, Mozeliak said he felt the “comments were a little tough given the fact we have other players playing well.” The veteran executive took a measured tone, but made clear where the organization stands. “Starting Sunday, we’re playing to win,” he said. “Whenever a player is trying to accomplish something in spring training, that can’t be an excuse for why things aren’t going well.”
  • Righty Drew Hutchison was officially removed from the battle for the Pirates’ final rotation spot, with the team announcing that he has been optioned to Triple-A. That leaves righties Trevor Williams and Tyler Glasnow fighting for the fifth starter’s job. Both reached the majors last year after strong showings in the upper minors, though neither established himself at the game’s highest level. The young hurlers have each staked their claim in differing ways this spring, with Williams posting a 2.63 ERA with a dozen strikeouts against just two walks over 13 2/3 frames and Glasnow racking up 23 Ks — but also allowing nine runs on 19 hits and six free passes — over his 14 1/3 innings.
  • The Cubs have made their final Opening Day roster decisions, as Gordon Wittenmyer of the Chicago Sun-Times reports. Outfielder Matt Szczur and infielder Tommy La Stella are both slated for reserve roles. Szczur, who’s out of options, had been mentioned as a possible trade candidate had he ended up missing out on the Chicago roster. Meanwhile, lefty Brian Duensing will open the season on the DL after being slowed earlier in camp due to back spasms.

Cardinals “Making Progress” In Contract Talks With Yadier Molina

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The Cardinals are “making major progress” in extension talks with star catcher Yadier Molina, according to Jon Heyman of Fan Rag. With positive momentum toward a deal, it now seems an accord is “getting close,” per the report.

Molina said over the weekend that he would not be willing to discuss a new deal during the season, seemingly setting an Opening Day deadline to wrap talks up one way or another. If it doesn’t come to fruition, then the 34-year-old would almost certainly hit the open market after the season. Though his contract does include a $15MM mutual option, with a $2MM buyout, there’s little likelihood of both sides wanting to exercise that clause.

The terms under consideration aren’t clear at this point, but Heyman notes that the sides were working to bridge initial differences in the length of the new deal. Molina’s representatives opened with a four-year request, with the organization coming in at two seasons. That leaves three as the natural (and, in this case, seemingly reasonable) compromise point, though of course options could also be used to tweak the consideration in either direction.

NL Central Notes: Peralta, Rangers, Arroyo, Bard

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Here’s the latest from the NL Central…

  • Some Rangers officials watched Brewers righty Wily Peralta start this weekend as Texas continues to look for rotation depth, Evan Grant of the Dallas Morning News reports.  It’s been a rough pair of seasons for Peralta, who was limited to 108 2/3 IP in 2015 due to an oblique injury and then posted a 6.68 ERA through his first 13 starts last season.  After a demotion to the minors, however, Peralta returned in good form, posting a 2.92 ERA over his final 61 2/3 innings.  Peralta will earn $4.275MM this season and isn’t eligible for free agency until after 2019, so Grant notes that he would fit the Rangers’ preference for a controllable pitcher.  Milwaukee and Texas have already linked up on two trades since David Stearns took over as the Brewers’ GM, most notably last summer’s five-player swap that saw Jonathan Lucroy join the Rangers.
  • Barring anything unforeseen in the next week, it looks like Bronson Arroyo will make the Reds’ starting rotation, MLB.com’s Mark Sheldon writes.  Arroyo is still scheduled for a minor league start on April 2 so he won’t officially break camp with the Reds, but the 40-year-old righty is on pace to return to the big leagues for the first time since June 15, 2014.  Arroyo has pitched in just two minor league games since that date due to Tommy John surgery and a torn tendon his rotator cuff.
  • Daniel Bard hasn’t pitched in the majors since 2013 due to injuries and a loss of control, though as Peter Gammons of GammonsDaily.com writes, the former Red Sox setup man is refusing to give up hope of a career revival.  Bard signed a minor league deal with the Cardinals last summer, and Gammons notes that the contract was actually a two-year pact, as Bard was in need of a significant mechanics overhaul.  Now throwing from a lower arm slot, Bard has seen his command improve.  Gary LaRocque, the Cardinals’ director of player development, thinks Bard may start the season at the Double-A level.
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