Phillies, Aaron Nola Have Recently Exchanged Extension Offers

The Phillies and representatives for ace Aaron Nola have discussed a possible contract extension this spring, reports Matt Gelb of the Athletic. The numbers under consideration are unclear. Gelb adds the sides have exchanged formal proposals and suggests there’s optimism about the chances of getting a deal done at some point.

As things stand, the former seventh overall pick is on track to be one of the top free agents on next winter’s market. Rival clubs would surely love an opportunity to make a run at the All-Star. Nola expressed a desire to work something out with Philadelphia instead, though he noted he’s leaving most of the details to his agents at Paragon Sports International.

“My reps are handling it. I don’t really know, honestly,” Nola said about the status of talks (via Gelb). “I love it here. I think everybody loves it here.” Nola suggested his camp would table discussions until season’s end if no deal were in place by Opening Day. “I want to focus on the season, definitely. We’d have to reopen it after the season, for sure. But during the season, I want to stay focused on that: playing good ball, trying to win a championship.”

Nola is coming off another excellent year, one that landed him a fourth place finish in NL Cy Young balloting. It was the third top ten placement of his career and a fairly typical showing by his standards. Nola made all 32 starts and threw 205 innings. He posted a 3.25 ERA with an excellent 29.1% strikeout percentage and a 3.6% walk rate that was among the league’s lowest. That marked the third consecutive season in which he fanned upwards of 29% of batters faced while generating swinging strikes on at least 12% of his pitches.

In addition to his excellent rate performance, Nola has arguably been the sport’s predominant workhorse over the past few seasons. He’s respectively made 33, 34, 32 and 32 starts in each of the last four 162-game seasons and took the ball all 12 times during the shortened schedule. Since the start of 2018, Nola leads the majors with both 143 starts and 871 2/3 innings. He’s one of just five hurlers to surpass the 800-inning mark in that time. Aside from a brief stay on the COVID-19 list, he hasn’t missed any time since a 2016 elbow strain.

Nola and Julio Urías join two-way superstar Shohei Ohtani as the top starting pitchers on track for free agency. If he did hit the open market, it’d be the first trip of his career. Nola has spent his entire career with Philadelphia, signing a $45MM extension over the 2019-20 offseason. That deal came with a $16MM club option for the 2023 campaign, one the Phils made the obvious decision to exercise last fall.

There’s no question Nola is in line for a much more significant payday this time around — either via another extension or free agent deal. He turns 30 in June, so he’s still in position for a long-term pact despite his first extension pushing back his initial path to free agency by two years. Nola’s combination of performance track record, age and durability could make him one of the top free agent pitchers of the last couple seasons.

Jacob deGrom landed the highest guarantee of any free pitcher the past few years, securing $185MM over five seasons from the Rangers. deGrom is the best pitcher in the sport on a rate basis but headed into his age-35 campaign with 2021-22 injury issues. The more apt comparison point for Nola is Carlos Rodón, who secured six years and $162MM from the Yankees this winter.

Rodón is a few months younger now than Nola will be next offseason but the age gap is fairly minor. The Yankee southpaw has been more overpowering over the past two seasons, striking out almost 34% of opponents with a 2.67 ERA. Rodón throws harder and is arguably the more dominant pitcher on a per-inning basis while Nola has a significant edge from a durability perspective. Nola has topped 200 innings in his career on three separate occasions. Rodón, who missed extended chunks of action from 2018-20 thanks to elbow and shoulder surgeries, has never topped the 178 frames he threw last year.

There’s an argument for Nola’s camp to beat the Rodón deal, perhaps by a decent margin. The Phillies righty compares reasonably well to Stephen Strasburg over the three seasons prior to his seven-year, $245MM megadeal with the Nationals from the 2019-20 offseason. Over the last three seasons, Nola has thrown 457 innings with a 3.80 ERA, 30% strikeout rate and 4.9% walk percentage. In the three years leading up to his contract, Strasburg had tossed 514 1/3 innings (an edge attributable to the shortened 2020 schedule) of 3.15 ERA ball with a 29.3% strikeout rate and 6.8% walk percentage.

Strasburg secured his contract — the second-largest pitcher deal in MLB history — on the heels of a stellar playoff run culminating in a championship and World Series MVP award. Nola doesn’t have that kind of momentum leading up to extension discussions, and it’s hard to envision the Phillies matching the Strasburg deal while Nola is a year away from the open market. Still, it serves as an example of the kind of heights a pitcher of his caliber can reach in free agency if he hits the market coming off a peak platform season.

The Phillies haven’t been averse to long-term commitments. Bryce Harper and Trea Turner each reached or topped the $300MM mark. The Phils went into nine figures to land Zack Wheeler and Nick Castellanos and to retain J.T. Realmuto. Wheeler will make $23.5MM in 2024, the final season of his five-year contract. Taijuan Walker is locked into the rotation for the next four years on this winter’s $72MM deal. Ranger Suárez is controllable via arbitration through 2025, while top prospects Andrew Painter and Mick Abel are viewed as long-term rotation building blocks.

There’s a fair bit of talent on the starting staff. That seems unlikely to deter the Phils from making a serious run at retaining Nola, however, considering how impactful he’s been over the past half-decade. Whether they can reach an agreement within the next six weeks is going to be a key storyline in camp.