Padres, Joe Musgrove Agrees To Extension

The Padres and right-hander Joe Musgrove have finalized a five-year, $100MM extension, studies Jon Heyman of the New York Post (Twitter hyperlinks). The deal — which pays even $20MM salaries every year between 2023-27 — incorporates a full no-trade clause for the subsequent 4 seasons, in addition to restricted no-trade safety for 2027. Heyman reported final Friday the events have been shut on a deal at these phrases. Musgrove, a consumer of Full Circle Sports Management, had been set to hit free company on the finish of the yr.

Musgrove and the Friars have spent months kicking extension phrases round, with progress seemingly ratcheting up across the All-Star Break. Kevin Acee of the San Diego Union-Tribune reported over the Break there was a perception on either side {that a} deal could possibly be executed earlier than the beginning of the season’s unofficial second half. That clearly did not come to move, however that clearly did not deter or meaningfully set again talks.

The five-year, $100MM worth level registers as a little bit of a shock, because the first-time All-Star fairly seemingly might’ve topped these numbers by a good quantity on the open market. Musgrove, nonetheless, is a San Diego-area native who has been open about his want to stay along with his hometown membership. It’s definitely comprehensible if the chance at a nine-figure payday to stay in a spot he is comfy was one thing he determined to not move up, significantly with the sturdy no-trade safety.

Musgrove’s contract however checks in under these landed by a few the highest starters on final yr’s market, Kevin Gausman and Robbie Ray. Gausman acquired a five-year, $110MM deal from the Blue Jays. Ray signed with the Mariners for 5 years and $115MM in a deal that additionally included an opt-out alternative following the 2024 season. Aside from the record-setting three-year deal Max Scherzerthe Gausman and Ray contracts represented the highest commitments to free agent starters final offseason.

One might argue that Musgrove is a greater long-term guess than both hurler. Like Ray, he’ll begin his new cope with his age-30 season; Gausman’s contract began at age 31. The San Diego righty carries a career-low 2.65 ERA via 115 1/3 innings this season, a bit under the respective 2.81 and a pair of.84 marks posted by Gausman and Ray final yr. Both Gausman and Ray missed bats at a greater clip than Musgrove has, however the latter has a barely higher stroll price than the 2021 free brokers.

Musgrove’s platform season is shaping as much as be much like these of Gausman and Ray, and Musgrove might have a barely higher long-term observe document. Ray had an terrible yr through the shortened 2020 marketing campaign during which he posted a 6.62 ERA. He’d proven top-of-the-rotation flashes earlier in his profession, however his management and residential run charges fluctuated a good quantity. Gausman had a really sturdy shortened season, however he’d struggled through the earlier full marketing campaign. Musgrove has a sub-4.00 ERA in every of his previous three years, with a cumulative 3.08 determine via 58 begins because the starting of 2020.

In that context, the extension seems like a powerful funding for the Friars. That’s significantly true given the Padres’ long-term rotation uncertainty. San Diego might lose each Sean Manaea and Mike Clevinger to free company this winter. Blake Snell and Yu Darvish are solely beneath contract for a season and a half, and Nick Martinez can decide out of his deal after any of the subsequent three years. MacKenzie Gore is the one rotation constructing block who’s sure to be round two seasons from now, and the Friars can construct a long-term beginning workers across the younger southpaw and Musgrove.

Musgrove’s contract comes with an identical $20MM luxurious tax quantity, which is able to take impact starting subsequent season. The Friars exceeded the CBT threshold for the primary time in franchise historical past final yr, they usually might properly accomplish that once more in 2022. According to Jason Martinez of Roster Resource, San Diego’s 2023 payroll now sits round $130MM earlier than accounting for arbitration salaries. The Padres luxurious tax quantity is estimated north of $162MM, whereas subsequent season’s base tax threshold checks in at $233MM.

Image courtesy of USA Today Sports.

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