Kimbrel signs 4 year extension with a club option for fifth year

skidlee said:
Buster Olney ‏@Buster_ESPN 58s

@jaysonst reporting Kimbrel deal is worth a minimum of $42 million over four years.
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I'd be ok if that was the max. Maybe 46 wouldn't bother me either. Just need to make sure we can spend money on the rest of the team.
 
Mark Bowman ‏@mlbbowman 19s

Kimbrel's deal is guaranteed to be for four years and $42 million. Potential Max value is five years and $58 million.
 
Ken Rosenthal ‏@Ken_Rosenthal · 50s
Source: Kimbrel with #Braves four years, $42M. Can grow to $45.5M with performance bonuses. Option year worth $13M. Max value: $58.5M.
 
That is a great contract. I didn't think we would get him for anything clsoe to that.
 
Mark Bowman‏@mlbbowman

Kimbrel's deal is guaranteed to be for four years and $42 million. Potential Max value is five years and $58 million.
 
The Freeman and Teheran extensions, to me, meant that the braves were just trying to save money over the next few years. Kimbrel, I believe, means that they are willing to spend more on payroll and hopefully move forward as a competitive team.
 
If we can just lock down Jason for longer, perfect offseason. Don't expect it but I would love it. My hunch is they'll wait til after next season at least, and see if there's a big cost difference between keeping him or Justin.
 
gtcway said:
The Freeman and Teheran extensions, to me, meant that the braves were just trying to save money over the next few years. Kimbrel, I believe, means that they are willing to spend more on payroll and hopefully move forward as a competitive team.
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Some have said that inflation is just going to get crazier. All these market deals now are going to be below market in 2-3 years.
 
These last few weeks have been a most unexpected turn for this team. Never thought we'd ever see this level of commitment as long as our current ownership was in place. One happy Braves fan here in NC.
 
My guess is it is structured something like this:

2014 8M
2015 8M
2016 11M
2017 13M
2018 option for 13M

Priced for him to be a 2.5 WAR/year player during the life of the contract.

As with the Freeman and Teheran deals, there is a discount relative to market but it is relatively small. None of these deals will turn out to be team friendly to the tune of the Sale and Goldschmidt deals.

I know few people will be concerned with budget flexibility down the road, but this deal will create some problems, especially in 2017. It would have been better to do it three years, with one or two option years.
 
nsacpi said:
Mark Bowman‏@mlbbowman
Kimbrel's deal is guaranteed to be for four years and $42 million. Potential Max value is five years and $58 million.
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Awesome. No way that isn't a savings for us. He'd have to massively implode. Great job by wren.
 
zitothebrave said:
If we can just lock down Jason for longer, perfect offseason. Don't expect it but I would love it. My hunch is they'll wait til after next season at least, and see if there's a big cost difference between keeping him or Justin.
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Signing Simmons to a 8-10 year deal would make this offseason perfect.
 
thethe said:
Signing Simmons to a 8-10 year deal would make this offseason perfect.
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I love Simmons, but I'm not too concerned about him. Our best position prospect is Peraza who's by all accounts a great glove SS. Simmons more so than Freddie or Jason I'm aggressive with my approach to retain. He has to sign below market or let him go in a year or 2.
 
thethe said:
Some have said that inflation is just going to get crazier. All these market deals now are going to be below market in 2-3 years.
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Thats exactly what we're trying to exploit. From klaw chat this week:
"Lark11 (Earth)

Given that MLB revenues are exploding at such incredible rate, isn't it likely that the percentage of revenues that trickle down to player salaries is lagging? If it's lagging, then aren't there bargains to be had, namely teams flush with revenue signing players to long-term extension before the labor cost % starts to catch up to the revenue explosion? Wouldn't it be wise to lock up talent before the market starts to reflect the new revenue reality?
Klaw (1:12 PM)

Yes, and I think some teams are figuring that out with contract extensions like Freeman's. I would also anticipate a few agents, like Boras or CAA, with a few elite players to try to push them to free agency to take advantage of the weaker FA crops and industry revenue surge."
 
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