The Yankees have held at least some extension talks with young righty Luis Severino, according to Jon Heyman of MLB Network (Twitter link). Whether a deal is likely, though, is not yet clear.
For the time being, Severino remains scheduled to participate in an arbitration hearing to determine his salary for the 2019 season. He filed at $5.25MM, with the team countering at $4.4MM. It’s not an especially high-stakes hearing, then, though setting a high mark in his Super Two year would set up Severino for greater future earnings.
It’s a different situation, then, from that which faced Aaron Nola and the Phillies before they hammered out a long-term deal today. In that case, a hefty $2.2MM spread in arb positions left significant risk on both sides. They ultimately settled for a four-year, $45MM deal that gives the team one option year.
Interestingly, the Yanks’ filing number on Severino sits just below the figure the Phillies would have defended ($4.5MM) on Nola, despite the fact that the Philadelphia hurler has a much more compelling statistical case and was in the 3+ service class. It seems the Yanks and Severino are closer to the same page as a starting point, not that it necessarily spells a greater likelihood for a long-term deal.
The Nola contract does not necessarily bear directly on Severino’s case, given the service differences, but it does represent a notable market marker. Certainly, that new deal does not break significant new ground. It’d be curious, at least, to see Severino secure a stronger deal than Nola with one season longer to go before he’s a free agent, though it’s entirely unclear what terms are being discussed at present. Gio Gonzalez (five years, $42MM, two options) still holds the high-water mark for a Super Two starter.
timm-2
Hope its the first of many extensions they do. I’d really like to see this young core stay together for many years to come.
sportsfan101
Tim, hence why they won’t break the bank for a big FA signing they have Stanton and a young core they should keep together. Spending 300 or more on Harper or machado makes that 100x harder.
timm-2
logical. that said I don’t care about the money. I’ve been hoping for Harper and still hope for Harper.
if they don’t get him then fine. I get it. But then I want Frazier to have a breakout season.
YankeesBleacherCreature
Where are they going to put Harper? In CF and trade Aaron Hicks?
teddyj
Tim I am sure you don’t care about the money. LMMFAO you guys are hysterical.
Gambit1193
LF Harper, CF Hicks, RF Judge, DH Stanton
Bench Gardner
AAA to deal with rust: Frazier
KnicksFanCavsFan
im wondering why ppl can’t envision Harper as a LF? Seems that’s the best place to hide below average OF. He’s still very athletic.
In the case of Hicks I’d like to see the Yanks offer an extension to him as well.
Gardner should be the 4th OF.
YankeesBleacherCreature
It’s a poor use of resources as Stanton is perfectly fine defensively. If Sanchez turns it around, then you’re wasting his bat on the days he’s not catching. And Tulo too. If the Yankees wanted to splurge, that money would be better spent on signing Patrick Corbin.
YankeesBleacherCreature
Gardner IS the current fourth OF. and Frazier fifth.
ctyank7
Hicks has had one solid and injury-free season. As impressive as he was in 2018, he is a bad long term risk.
its_happening
Seems the Yanks are leaning more toward adding another infielder in Machado than Harper. That could mean Andujar moves to 1B and the Voit/Bird platoon will be forced to work in AAA.
Machado can hide in SD and boost his reputation there with much less scrutiny.
timm-2
I’m sure they would be able to rotate rf/lf/dh/c with judge, stanton, harper, and sanchez
harper could play 10-15 games in cf when hicks takes a rest or dh’s for a half day of rest.
gardy is the 4th of, ells remains in oblivion
that’s essentially what they’re gonna do with frazier when he comes up.
timm-2
as long as it doesn’t completely block florial fine. unless of course they deal florial.
KnicksFanCavsFan
as of now Gardner is the likely starting LF unless Frazier forces the issue.
KnicksFanCavsFan
what’s the indicator of that. they have far less depth in the OF than the infield.
dobsonel
Florial is still a ways away if he even makes it at all.
KnicksFanCavsFan
availability is certainly an issue but even with that he’s averaged 4 WAR the last 2 years and last year things that made him a top draft pick started to show the fruition in 2018. Floriql isn’t a given to be a quality mlb hiter yet. id rather lock him Hicks up for another 3-4 years and deal with a logjam if Florial pushes the issue.
Keep in mind that Stanton can opt out after 2019. i wouldn’t want a situation where we passed on Harper, Hicks walks and we’re in search of both a LF and CF in 2020. Frazier is in the mix but he’s no guarantee either.
sethesq
The cost of going to a game at Yankee Stadium can/will probably get worse even without a Harper or Machado. That’s one of the reasons I’ve only been to the new stadium twice; the other being how security will stand in front of you to make sure you can’t glimpse the field as you make your way from a concession or store back to your nosebleed seat.
Point is: it’s not as though the non-season ticket holder is really feeling the additional pinch so long as they resign themselves to the reality of being priced out of going to the stadium regularly.
I’d definitely feel a way if they gave Boras the numbers he wants but it’s not my call so … meh
sam 17
In 2017 (latest estimate from Forbes) the estimated revenue for the Yankees was $619 million. The revenue grows from year to year.
Player salary now stands at about $225 million. Let’s say all other expenses are $100 million. (shooting from the hip, e.g. wild guess)
They could still easily afford to pay another $25-$30 million annually for Harper or Machado this year, plus big contracts for the young core 3-6 years from now when revenue will be even higher and Ellsbury’s contract will be off the books.
Those who say that signing Harper/Machado will prevent them from giving their young players extensions/big contracts, that is truly laughable.
thecoffinnail
LF in Yankee stadium is a harder position to cover than CF. There is no way you could hide a bad OF in LF at Yankee Stadium.
YankeesBleacherCreature
You’re right. Ticket costs aren’t really effected by the level of payroll a team has. It’s what the fans are willing to pay. They don’t need to sell out every seat to optimize their gate revenue receipts. It sucks for some of us though.
YankeesBleacherCreature
It’s not about how whether they can afford either of one of them or even both. It’s about how much the Steinbrenners and other Yankee shareholders want to profit each year. I venture to say that the Yankees can have an annual payroll of $300M and still make money. It’s just the reality of business. The owners need to give everyone excuses for every dollar they get to keep in their pockets.
KnicksFanCavsFan
um Johnny Damon?
dobsonel
What’s laughable is you just randomly made up a number of $100 million for all other expenses as if you know what it costs to run a pro baseball team.
ullnvrknw
You are so clueless
Rocket32
knickscavsfan Considering the current state of the free agent market it’s extremely unlikely Stanton would opt out unless maybe he absolutely hated being a Yankee. Yankees would be lucky if he did, he’s bound to become a bad contract before that contract ends. Miami was stupid to give it to him in the first place.
its_happening
Knickscavs – If you are asking me that question, I’ll answer. The indicator is the fact that the Machado to Yankees rumor continues despite all that depth in the infield. I do not understand it, because I’d be focused on Harper’s falling price tag too.
Even MLB network talked about Andujar to 1B, although they didn’t seem convinced he can handle a brand new position and I agree.
The Machado/Yankee rumor should have been put to bed after the Lemahieu signing. Obviously that hasn’t happened. That is why I made that comment.
Bocephus
What about Ellsbury?
YankeesBleacherCreature
It was reported today that he’s been experiencing plantar fascia and won’t be reporting to camp on time. This shouldn’t come as a surprise to anybody. I’m convinced the Yankees have a secret handshake agreement with him to stay on the DL indefinitely. Insurance fraud be darned.
dobsonel
The Yanks are spending over $70 mil a year just on paying down the stadium debt.
ColossusOfClout
There is NO WAY ticket prices are NOT effected by the level of payroll. Unless you believe it”s just a coincidence that teams like Tampa and Oakland have the lowest payrolls and lowest ticket prices.
jg_916
Because LF in YS is the same as most other CFs so you need someone capable of covering very large amounts of ground, quickly. This leaves out Harper, who could play a little center in Wash, but not in the Bronx. Plus, it’s a notorious sun field, making it even more difficult to play.
Willy Mays
Last year Harper had a dWAR of-3.2 Why would he be in the of and Stanton the dh. Harper is terrible defensively.People complain about Stantons contract but want to sign Harper. Stanton is a better hitter for average has more power and is better defensively.So why again does everybody want Harper
jg_916
Pity “Sam” has no idea about that which he speaks. First off, Machado and Harper WILL NOT sign for $25-30 mill a year—Harper has already turned down a ten year, $300 mill offer from Wash.
Second: adding either will push the Yanks into he 50% Competitive Balance Tax level after 2020. This means a $320 million deal for Harper becomes a nearly $500 million contract. NO player is worth paying nearly 25% of the soft cap CBT level when you still need to pay 24 others, plus leaving room for minor league call ups and trade deadline moves. PLUS, the Yankees first round draft pick would be pushed back ten spots.
Third: Judge and Sanchez will be arbitration eligible next winter—no more $600K contracts—and Betances, Hicks and Didi will be FAs. After 2020, Andujar and Torres are arb eligible. Tanaka, Happ and LeMaheiu and Paxton’s contracts will end, meaning they will need extensions or to be replaced.
Machado and Harper are WANTS, not needs. It’s a shame so many fanboys believe it’s their birthright that Hal and the Yankees chase every high priced FA who hits the market.
dobsonel
The cost of labor is always passed along to the customer. Revenue in turn either does not decrease, decreases for awhile then recovers, or does not recover at all and sinks the business. In the case of a monopoly, such as MLB, revenue almost always recovers.
YankeesBleacherCreature
Severino, Judge, Torres, Anduljar, and even Sanchez if he can play up to par this year. I’m going to miss Gardener and CC when they leave after the season. Probably DiDi too.
timm-2
gary sanchez 2019 comeback player of the year. rip me in the next offseason if I’m wrong.
I’d be shocked if didi wasn’t on the 2020 roster.
love gardy and CC, they’ve done alot for the team. CC is gonna go out on his terms by having a healthy year and then retire
gardy who knows what happens next year.
YankeesBleacherCreature
Didi is not going to get a qualifying offer at the end of the season. I think he hits free agency and signs a three year deal elsewhere. Torres can go back to SS. It’s much easier for the Yankees to find a 2B for 2020.
dobsonel
If Didi comes back healthy he definitely gets a QA offer. They are willing to pay him $13 mil for half a season why do you think they wouldn’t offer $18 mil for a full one?
dobsonel
And they already have a potential 2B for 2020 in LeMahieu if Didi does walk.
KnicksFanCavsFan
they’ve already made it clear they want to extend Didi. Assuming he recovers and had good arm strength he’s a better defensive SS than Torres.
Willy Mays
Last year Didi had a 4.2 WAR and hit fourth for the Yankees.The year before he had a 3.7 WAR.Both these WARs camewith him missing 20 games.He’s an excellent defensive ss .Question Why exactly is everyone so anxious to let him go.Also the idea he won’t get a qualifying offer is absurd.If Didis healthy come the summer hes looking at a long term deal at 20 million per Consider in the last 2 years as a ss he’s hit 25 and 27 hrs while missing 20 games in each season. Hes hit a 287 and a 268.How many ss who are good defensively can match those numbers. Answer not many
Gawzie
I really hope you’re joking!! There isn’t a guy I would rather see less of in a Yankee uniform. He is a choker in the playoffs!! Regular season means nothing,this guy can’t win/pitch even HALF DECENT in playoffs when it counts!!!
Francys01
Severino should accept an extension because he had his struggle last season. That would be a wise decision.
Chicks Dig the Longball
He should sell himself short because of a couple mediocre months after being phenomenal the rest of the last year and a half? Good thing you aren’t his agent. You’d be ripping off clients left and right. Just let him be totally dominant this year, make his negotiating power stronger and sign a better deal. That is unless the Yanks wanna pay him based off of his good performance.
Francys01
Lol. I’m not interested to be an agent. But his struggle is not only the past season. What about the wild card game that he pitched against the Minnesota Twins? He struggled.
YankeesBleacherCreature
You’re cherry-picking. The Yankees wouldn’t even be in the post season without him.
Hiro
Francys08, your logic made no sense…
He struggled against Twins in the WC 2017, sure. But do yourself some research and look up his first-half 2018 stats.
If you had said, “he struggled in the second-half 2018 season and the playoff”, then I’d understand why Severino should take accept an extension.
However, as ‘Chicks Dig the Longball’ said, just because he struggled in the second half after a CY-Young caliber first-half, Severino shouldn’t sell low on himself.
Gambit1193
He struggled the WC game and pitched well the rest of the playoffs that year.
Dodgers should’ve got rid of Kershaw years ago huh
YankeesBleacherCreature
He has two full seasons under his belt. Admittedly, he stated that his second half swoon was due to being tired and has changed up his offseason routine. He’s still figuring things out.
BrewCrew1302
even after his postseason meltdowns? lol
jg_916
Considering the pitiful history of the Brewers and the post season—once a decade, maybe, then out quickly—you shouldn’t crack on ANYONE. At least Severino GETS to the postseason. Don’t you wish your guys could do the same.
southern lion
Sign him, Yanks! He’s one of my keepers!
a1544
Extensions are becoming more and more beneficial to both parties
InvalidUserID
I forget who the established pitcher it was that Yankees fans wanted to make a trade deadline run at and the price was Severino. His performance when he first came up was uneven and it felt like they made the wrong move but he’s had a really nice career trajectory and is one of the nice young pitchers in the league now.
Cuso
Stop using “then” like that.
Yankeepatriot
Do the exact same thing that was done with Nola earlier cashman
TheSilentService
If the Yankees didn’t at least call and see what an extension would look like for Severino, Cashman should be fired.
At best Severino is a legitimate ACE, at worst he’s a solid number 3.
Bocephus
2-3
Rickeo02
Please sign Machado
ullnvrknw
DiDi is gone. Hicksvget an extension
Bald Vinny
6.26M per year for 6 years to match his playoff ERA.
driftcat28 2
I like this, maybe a deal similar to Nola’s. Hope they’re having convos with other core guys as well
KF
I’ll fix these three sentences for you, since your editor didn’t. You wrote:
“He filed at $5.25MM, with the team countering at $4.4MM. It’s not an especially high-stakes hearing, then, though setting a high mark in his Super Two year would set up Severino for greater future earnings.
It’s a different situation, then, from that which faced Aaron Nola and the Phillies before they hammered out a long-term deal today.”
Reads way better, and more concisely, as follows:
“He filed at $5.25MM, with the team countering at $4.4MM. While it’s not an especially high-stakes hearing, setting a high mark in his Super Two year would set up Severino for greater future earnings.”
While it’s a bit tangential to reference Nola, and I’m not sure it belongs in this article, here’s a way to do it without making it an eyesore:
“This contrasts the situation faced by Aaron Nola and the Phillies before they hammered out a long-term deal today.”
The prior example was super verbose, as is a lot of this article. Those two sentences were the most egregious instances.