March 31, 2:05pm: Reynolds was looking for an opt-out after 2026, per Mark Feinsand of MLB.com. Reynolds is currently slated for free agency after 2025, so the Pirates would only gain one extra year of control in the event they agreed to that contract and he eventually opted out.
March 31, 1:35pm: Some more details on the negotiations come from Mackey (Twitter links one, two and three). He says that the eight-year, $106MM deal being discussed includes 2023 and that Reynolds is willing to backload the deal so that triggering his opt-out means walking away from the biggest salaries.
March 31, 12:40pm: The conceptual issue is indeed an opt-out clause, reports Rob Biertempfel of The Athletic. He adds that the two sides have come to an agreement around $106MM on the guarantee, roughly the middle point between the previous asking prices, but that Reynolds and his reps want an opt-out that the Pirates appear unwilling to give thus far.
March 30: The Pirates and outfielder Bryan Reynolds have been discussing a contract extension in recent days, with today’s opener reportedly considered a cutoff point. The season has now begun and it appears that there’s still no deal in place, per Jon Heyman of The New York Post, who adds that the two sides have an agreement on dollars but a “major conceptual issue” is getting in the way.
To this point, it’s unclear what this conceptual issue is. Jason Mackey of the Pittsburgh Post-Gazette confirms Heyman’s report (Twitter links) and adds that the hangup is not “years/dollars or size of the thing.” If it’s not the length or the guarantee, it could be something like an opt-out or a no-trade clause, though that’s merely speculation.
Regardless of what the issue is, the fact that the two sides got closer on the money is encouraging. Discussions earlier this winter reportedly had the Pirates offering something in the $75-80MM range over six years while Reynolds’ camp was aiming for $134MM over eight years. The two sides were so far apart that Reynolds requested a trade. The Pirates appeared generally unmoved by that request and seemingly had no desire to drop their sky-high asking price. It’s a somewhat positive sign that the talks have been fruitful enough that a deal seems close, though it hasn’t yet gotten over the line.
It has been reported in recent days that the Opening Day game is something of a deadline for negotiations. The Pirates have now started their first game of the season and it seems a deal still isn’t in place. However, Mackey reports that both sides still view it as being possible.
Whether or not a deal comes together in the coming days or weeks remains to be seen. If the talks eventually end without a new deal, there’s nothing preventing further talks from starting down the road, though players often like to use Opening Day as a point to focus less on contractual matters and more on their on-field duties. Reynolds will be making $6.75MM this year as part of a two-year deal to avoid arbitration he signed going into 2022. The Pirates can still retain his services via arbitration for 2024 and 2025, with Reynolds currently slated for free agency after that. He’s coming into this season with a career batting line of .281/.361/.481 for a wRC+ of 126.
Giménez, 24, began his professional career by signing with the Mets as an international amateur out of Venezuela. As he rose up the minors, he became considered by many to be the top prospect in the organization and one of the best in the entire league. Baseball America had Giménez on its top 100 list in 2018, 2019 and 2021. He made his major league debut in the shortened 2020 season, getting into 49 games and hitting .263/.333/.398 for a wRC+ of 105.
Voit, 32, has previously been in camp with the Brewers on a minor league deal, though it afforded him the ability to opt-out and pursue opportunities elsewhere. Though he initially agreed to kick that decision down the road, he eventually triggered his opt-out and returned to the open market. However, the Brewers didn’t want him to get away and have now brought him back aboard with a major league deal and an option for 2024. Even if they turn that option down, they could still retain Voit via arbitration since he will still be shy of six years’ service time at the end of the season.