3:26pm: General manager John Mozeliak recently said in an interview that the press conference will be held tomorrow at 4:30, and that Cardinals fans "would be very happy" with the announcement.
1:59pm: Derrick Goold of the St. Louis Post-Dispatch reports that the Cardinals are possibly discussing an extension with free-agent-to-be Kyle Lohse.
Lohse was scratched from his start today to meet with team doctors, according to manager Tony La Russa, who was quoted as saying:
“There is no Lohse ‘announcement.’ I think what it means is there is interest and possibly progress in the negotiations.”
This situation is very similar to a situation in Spring Training, when the Cardinals had Adam Wainwright meet with team doctors the day before announcing an extension. The Cardinals have a press conference scheduled for tomorrow.
Lohse signed a one-year $4.5MM deal with the Cardinals in the offseason. It’s been well-documented over the past few years that he has been seeking a multi-year deal worth over $10MM per season. He may very well have earned himself that with a career year this season. Lohse will finish 15-6 for St. Louis, with a 3.78 ERA and 119 Ks in 200 IP.
Goold writes that senior baseball writer Joe Strauss has learned that the deal could be similar to the value of the four-year, $48MM contract that Carlos Silva signed with Seattle in the offseason. If it happens, this seems like a considerably better signing than the Silva deal, and one the Cardinals need with some question marks in their starting rotation next season.
I imagine a lot of teams are upset that they passed on Lohse in the offseason, while the Cardinals are very happy with how affordable he was to them, and how late they were able to sign him. Fifteen wins and a 3.78 ERA for $4.5MM is hard to come by from a free agent these days.