Reaction To Ryan Braun’s Extension

The Brewers already had Ryan Braun under contract through 2015, but they doubled their commitment to their star outfielder today by signing him to a five-year, $105MM extension that will keep Braun in Milwaukee through the 2020 season.  The length and timing of the extension has already generated a lot of reaction from the baseball media.  To wit…

  • The extension is "a mistake," writes Dan Szymborski for ESPN.com (Insider subscription required), since Braun will be on the decline by the time his extension begins in his age 31 season.
  • Danny Knobler of CBSSports.com thinks the club "could have waited a year or two to extend" Braun and feels the extension is risky.  However, Knobler noted that mid-market teams like Milwaukee and Colorado (who signed Troy Tulowitzki to a similarly lengthy extension in November) face a risk in letting star players even approach free agency, citing Albert Pujols and the Cardinals as an example.  Knobler has a point — had St. Louis signed Pujols to a five-year, $105MM extension covering 2012-2017 after, say, the 2006 season, the Cards would look like geniuses right now.
  • Also in reference to the Tulowitzki contract, Fangraphs' Joe Pawlikowski notes that the Brewers, like the Rockies did in November, are betting on significant contract inflation in baseball over the next decade.
  • The overwhelming consensus from almost every writer is that Braun's extension solidifies the fact that the Brewers won't try to re-sign Prince Fielder this winter.  Milwaukee GM Doug Melvin, however, says that Braun's deal won't have much effect on what the Brewers may or may not do with Fielder, reports MLB.com's Adam McCalvy.

Brewers Extend Ryan Braun Through 2020

The Brewers extended left fielder Ryan Braun through the 2020 season, the team announced.  The extension is for five years and $105MM, tweets CAA Sports, while MLB.com's Adam McCalvy has the year-by-year breakdown.  The contract includes a mutual option for 2021 worth up to $20MM with a $4MM buyout.  McCalvy notes that the deal includes a $10MM signing bonus, a no-trade provision, and some deferred salary.  The deferrals were key to the deal, CAA agent Nez Balelo told McCalvy.

Braun was already under contract through 2015 on a precedent-setting dealAs I noted on Monday, the Rockies' Troy Tulowitzki is the only other player under contract through the 2020 season.  Braun and Tulo were drafted fifth and seventh overall in 2005, respectively, and both tacked monster extensions on top of their old team-friendly contracts in 2011.  Like Tulo's deal, Braun's contract actually takes a dip in salary toward the end.  My biggest concern with Tulo's deal was the difficulty in projecting injury risk rather than performance decline.  Braun seems a safer bet than Tulowitzki to remain healthy, though Braun signed his contract even further away from free agency and does not play a premium position.

Braun's new contract represents the largest contract in Brewers history, as did his previous $45MM deal.  His agency notes the $21MM average annual value on the new extension is the second-highest ever for an outfielder, ranking behind only Manny Ramirez's $22.5MM AAV on his last Dodgers deal.  Among all position players, Adrian Gonzalez, Mark Teixeira, Joe Mauer, Ryan Howard, and Alex Rodriguez also have higher AAVs.

Braun will turn 37 shortly after his contract ends, so he may be a Brewer for his entire career, notes Balelo.  Braun's career batting line so far: .308/.367/.557 with 133 home runs in 2627 plate appearances.  This is likely his final season playing alongside the Brewers' other superstar slugger, Prince Fielder, who will be eligible for free agency.

Brewers Outright George Kottaras

Aside from signing Ryan Braun through 2020, the Brewers announced a series of transactions today.  Catcher George Kottaras was outrighted to Triple-A Nashville, leaving the team's 40-man roster at 38.  Also, Mike McClendon was optioned, LaTroy Hawkins was reinstated, and Zack Greinke's rehab assignment will continue Sunday for the Nashville Sounds.

Offseason In Review: Milwaukee Brewers

The Brewers are next in our Offseason In Review series.

Major League Signings

International Signings

  • Elvis Rubio, Estervin Matos

Notable Minor League Signings

Extensions

Trades and Claims

Notable Losses

Summary

In recent years, Doug Melvin's attempts to bolster the Brewers' rotation with free agents have fallen short, and the 2010-11 market didn't offer much front-end pitching anyway.  So Melvin pulled off a near-impossible feat: he traded for a pair of high quality starters, including two years of control for each.  He also hired Ron Roenicke as the team's new manager and extended Weeks one year shy of free agency.  

First Melvin dealt for Marcum, giving up only one player in Lawrie.  Lawrie's bat makes him a top 40 prospect in the eyes of most experts, so the price was significant.  Melvin again showed a willingness to move one of his recent first-round draft picks, as he did with Matt LaPorta in the '08 trade for C.C. Sabathia.  This time, the Brewers got more than a rental.

Greinke

Melvin wasn't done; he aimed to take his rotation from good to great by acquiring Greinke.  As I mentioned in the Royals offseason in review, it was surprising to see the Brewers acquire Greinke without sending a top 50 prospect or equivalent young Major Leaguer.  Sure, the two trades gutted the Brewers' farm system, but I'm a big supporter of trading prospects in the name of winning now.  If you're a team that can't afford to bid on Cliff Lee, this strategy is a strong alternative.  The Brewers have a strong rotation, and the entire group will be back for the 2012 season.

The Brewers' offense ranked fourth in the NL last year, and the only change was swapping out one offensively-challenged shortstop for another.  When Corey Hart returns the team should have enough offense, though in keeping with his "all-in" mindset it'd be great to see Melvin go after Jose Reyes this summer.  Center field was another potential weakness, but the Brewers commendably bought low on Morgan to provide Carlos Gomez with some competition.

Melvin opted not to spend money on the bullpen, instead importing Saito, Mitre, and Green.  The pen could be a weakness, especially if closer John Axford continues to falter.  On the plus side, LaTroy Hawkins is close to returning.  The one questionable trade Melvin made this winter was shipping Villanueva to the Blue Jays for cash.  Unless this trade was unofficially part of the Marcum deal, I don't understand why Melvin would move a decent reliever for cash.

One day before an arbitration hearing, the Brewers agreed to a four-year extension with Weeks.  The Brewers added three free agent years at $10-11MM salaries, plus a 2015 option that vests based on Weeks' health.  On one hand, this is a scary investment for a player coming off his first fully healthy season.  He's endured surgeries on both wrists as well as a thumb and knee.  On the other hand, the Brewers know Weeks' health better than anyone, and if he repeated his 2010 season they wouldn't have been able to sign him for three years and $31MM.

The Brewers are currently one of four NL Central teams sporting an 8-8 record.  My pick for the NL pennant, they'll get a big boost when Greinke and Hart come off the DL.  Hopefully Melvin continues to be aggressive this year, because even with a strong rotation in 2012 the club will likely be without Fielder.

Photo courtesy of Icon SMI.

Quick Hits: Gonzalez, Padres, Rays, Mariners

Links for Sunday, as Grady Sizemore homers versus the Orioles in his return to the Indians' lineup….

Cafardo’s Latest: Red Sox, Upton, Minaya, Saito

After extending Adrian Gonzalez this week, the Red Sox have guaranteed nearly $300MM to their two big offseason acquisitions, Gonzalez and Carl Crawford. However, according to Nick Cafardo of the Boston Globe, some baseball people feel that Jayson Werth would have made more sense for the Sox than Crawford. One AL GM says he's "not sure that many of us are unhappy they chose Crawford over Werth," adding that Werth seemed to be a better fit for Boston's lefty-heavy lineup. Here are the rest of the highlights from Cafardo's Sunday Notes:

  • The Red Sox may not have even been in on Crawford or Werth this winter if they had re-signed Jason Bay a year earlier. A National League GM calls Bay leaving Boston "one of the worst decisions both by a team and by the player," suggesting that both sides miss each other.
  • According to Cafardo, Diamondbacks GM Kevin Towers was willing to deal Justin Upton to the Red Sox in the offseason, but only if he got the Adrian Gonzalez package or Clay Buchholz in return.
  • Several teams have spoken to Omar Minaya about potential job openings. Minaya, who dubs himself a "free agent," says he's still sorting through everything and searching for the best fit, but he could make a decision soon.
  • Cafardo points out that spending time on the disabled list could cost Takashi Saito a good chunk of money this season. Currently on the shelf with a hamstring injury, Saito can earn up to five $100K bonuses based on time spent on the active roster.

Quick Hits: Zito, Rangers, Morgan, Angels

Links for Thursday night..

Brewers Seek Shortstop Depth

The Brewers are looking to add a shortstop to the organization to provide depth behind Yuniesky Betancourt and Craig Counsell, assistant GM Gord Ash told Tom Haudricourt of the Milwaukee Journal Sentinel. Ash says the Brewers are “extraordinarily” thin at shortstop in the minors, yet he isn’t optimistic about acquiring depth in a minor trade.

“We’re diligently looking but there’s not a lot available,” he said.

Triple-A shortstop Edwin Maysonet is likely headed to the disabled list and Luis Cruz recently signed with the Rangers despite the Brewers’ insistence that he would be their first choice if they needed a shortstop in the majors.

Zelous Wheeler, a 24-year-old infielder at Triple-A, is likely out for six weeks, and 13-year minor leaguer Anderson Machado is playing in his place. The lower levels of Milwaukee’s system don’t feature legitimate alternatives, so the Brewers are eyeing other organizations’ infielders.

Jeremy Reed Clears Waivers

WEDNESDAY: Reed cleared waivers and has accepted a Triple-A assignment, tweets Haudricourt.

MONDAY: The Brewers designated outfielder Jeremy Reed for assignment, the team announced today.  Catcher Jonathan Lucroy was reinstated from the DL in a corresponding move, and the team's 40-man roster stands at 39. 

Reed, a former top prospect, turns 30 in June.  He made the Opening Day roster as a pinch-hitter after a strong spring, but was hitless in seven regular season plate appearances.  Talking to Tom Haudricourt of the Milwaukee Journal-Sentinel, Brewers GM Doug Melvin explained the choice to cut Reed and go with three catchers for the time being.  The GM also noted that Reed has until Wednesday to tell the team whether he'll declare free agency.

The Brewers will have a tough decision to make when Corey Hart returns from the DL, as catchers George Kottaras and Wil Nieves are out of options and Haudricourt says one of them could be on the bubble.

Dodgers Notes: Carroll, Eckstein, Dye

The Dodgers have only scored 34 runs in their first ten games, but they're 6-4 in the early goings of the 2011 season. Here’s the latest on the club, which just lost its starting shortstop, probably for a month or more…

  • Rafael Furcal’s broken thumb leaves the Dodgers weakened in the middle infield, and they’re preparing to fill the void by playing Jamey Carroll at shortstop and Ivan DeJesus at second base, according to MLBTR's Tim Dierkes (Twitter link).
  • Furcal is not retiring, though he's frustrated by his latest injury.
  • The Dodgers expressed some interest in David Eckstein this offseason, but backed off when they heard he was asking for $2MM, according to Yahoo’s Tim Brown (on Twitter).
  • Recently retired slugger Jermaine Dye tells Joe Cowley of the Chicago Sun-Times that the Dodgers showed interest in him this offseason, before they signed Marcus Thames. The Blue Jays and Brewers showed interest after the 2009 season, according to Dye.
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