Indians sign Kluber and Carrasco long-term; Buck 20 year trend in the process

In the last week, the Indians front office has bucked a trend dating back to the great teams of the 1990s

On Sunday, the Cleveland Indians announced they had signed 2014 AL Cy Young recipient and staff ace, Corey Kluber, to a 5 year $38.5 million deal and two additional club option years worth $13.5 million and $14 million respectively. The deal also includes escalators based on where Kluber finishes in the AL Cy Young race between 2015-18. Over those years, it could increase Kluber’s deal to nearly $77 million.

Kluber said that he “wanted to be here” and “that was the driving force behind it for me”.

Then, on Tuesday, the Indians announced the contract extension of SP Carlos Carrasco. His deal spans 4 years and is worth approximately $22 million. It also includes club options for the 2019 and 2020 seasons.

Carrasco said “They never gave up on me. They always gave me the opportunity. That’s what they did last year. They gave me a big opportunity and I didn’t waste it. I took it and I think everything has worked out.”

There are two things here that are relevant and important to the story at hand:

  1. Both pitchers want to be here. They see the value in being a pitcher in this organization
  2. The Indians front office signed both pitchers to long term extensions; something they do not have a history of doing. Ever.

Both pitchers want to be here

I think the most interesting part of this collection of signings is the players involved see value in being a part of the team. The brand that the front office, Tito, and the coaching staff is building is one that appeals to players. That’s huge when teams are competing for free agents and money becomes a non-factor. The next question an agent may ask of the teams in contention are the culture in the locker room, living quality of the city in question, etc. Cleveland is on an uptick and the culture on the team is one that is contagious; players and people want to be around it.

The Indians front office signed both pitchers to long term extensions

The Indians are notorious for not signing starting pitchers to long term extensions. They’re so notorious that I even addressed the issue in an article during spring training last year – Well Masty, It was nice knowing you – and made the point several points that fly in direct conflict with what has happened over the past week. It’s funny because I ended the article with the line “Our players are assets. We must always remember that. Enjoy the time your favorites are here because you can always count on contracts staying short in Cleveland.”

It would appear that this year, my summation does not apply.

This following chart from Tony Lastoria’s (of Indians Baseball Insider) article last year around the same time (@TonyIBI) shows just how out of character these signings are with respect to history:

TABLE 1

PLAYER CONTRACT
Charles Nagy 4 years, $24 million
Jake Westbrook 3 years, $33 million
Chuck Finley 3 years, $27 million
C.C. Sabathia 3 years, $24.75 million
Paul Byrd 3 years, $21 million
Jack McDowell 2 years, $9.5 million
Dennis Martinez 2 years, $9 million
Dwight Gooden 2 years, $5.5  million
Orel Hershiser 2 years, $3 million

 

Clearly, Corey Kluber’s deal in particular surpasses anything (in terms of time) that has been agreed upon in the past 20+ years.

 

The core of the Indians is locked in and the time to compete is now

With players like Yan Gomes, Carlos Santana, Jason Kipnis, Michael Brantley, Corey Kluber, and Carlos Carrasco locked up for the long term, the Indians’ front office clearly believes they can compete and compete for years to come. With players like Lindor, Frazier and others in the minors continuing their respective developments, the Indians will continue to compete after some of the deals with current deals being to expire.

It’s an exciting time to be an Indians fan. Not just because of the short term potential of this year, but also the potential to compete over the long haul.

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