The big rumor out of St. Louis right now has nothing to do with potential trades, but rather retaining one of our own. No, not Albert Pujols. It seems that reports are circulating that the Cardinals and 25 year old left handed starter Jaime Garcia are closing on an four year extension.
Garcia was drafted in 2005 by the Cardinals and won the fifth starter’s role in spring training in 2010 after coming back from Tommy John surgery. He posted a 2.70 ERA over 28 starts and 163 innings. He also finished third in rookie of the year voting.
With Garcia being a potential “Super Two” during the offseason, one of a handful of players with more than two but less than three years of MLB service time who become arbitration eligible a year earlier. The four year deal would buy out his four years of arbitration and offer him two option years, according to the rumor. Something I’ve expected to happen this offseason, and very similar to the deal proposed to Adam Wainwright when he hit his arbitration years.
The rumored cost of the contract is a 4 year, $27.5 million deal with two option years. That puts the average annual value of the contract at $6.875 million per year. With the type of pitcher Garcia seems to be evolving into, this looks like a stellar deal for both the Cardinals and Garcia. The Cardinals lock up one of the top young pitchers in the game through the 2015 seasons and Garcia doesn’t have to worry about pitching for his next contract. [click to continue…]