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Jose Altuve

Astros Extend Jose Altuve

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The Astros have officially struck a massive extension with star second baseman Jose Altuve. The deal, which includes a full no-trade clause, reportedly promises Altuve $151MM over five seasons.

Altuve is already under contract through 2019, a season the Astros control through a $6.5MM club option under the incredibly team-friendly deal the sides struck back in 2013. Of course, at the time, the second baseman was nowhere near the top-line performer he is today. Altuve has since changed representation, joining the Boras Corporation.

The new contract will begin at the conclusion of his existing deal, meaning the five-year term will begin with the 2020 campaign. This pact, then, will give Houston control over Altuve through the 2024 season, which will be his age-34 effort.

Altuve receives $21MM in the form of a signing bonus, with $1MM due upon final approval of the contract, $10MM later this season and $10MM in 2019. The contract provides a $26MM annual salary in each of the five seasons. That rate can escalate in the final three years of the contract depending upon his performance in the MVP voting, with a $3MM bump for a first-place finish, a $2MM bump for a second-place showing, and $1MM if he comes in third, allowing for maximum increases of $3MM, $6MM, and then $9MM in the 2022-24 campaigns.

Houston is wrapping up a historic season in which the organization broke through with a World Series title. Altuve was a central component of that undertaking. He qualified for his fourth-straight All-Star game, won his third batting title in four seasons, and capped things off by taking home honors as the Most Valuable Player in the American League.

Despite his diminutive stature, Altuve has developed into an offensive force. He put up high-quality campaigns in 2014 and 2015 before going to another level over the past two seasons. Since the start of 2016, Altuve carries a .341/.403/.539 batting line with 48 home runs. He doesn’t walk all that much and has traded just a bit of his impeccable contact ability for some additional pop, but Altuve still maintained a quality K/BB ratio (12.7% strikeout rate vs. 8.8% walk rate) in 2017.

That’s rare air for a middle infielder, making Altuve all the more valuable. While he has generally graded out as an average performer at second, there’s also value in his legs. He has already swipe 231 bags in his career and was credited with creating four runs on the bases in 2017 by Fangraphs’ BsR measure.

The new contract rewards one of the game’s best players with a significant new payday, and does so two full seasons before he’d have reached the open market. As McTaggart notes, this will easily be the largest deal ever struck in team history, handily topping the $100MM Carlos Lee contract.

Though the deal only covers five additional seasons, it does so at a top-level rate of pay. This contract is just the sixth in MLB history that includes an average annual value of over $30MM and is easily the largest extension for a second baseman cataloged in MLBTR’s Extension Tracker.

MLB.com’s Brian McTaggart first reported the agreement. Jon Heyman of Fan Rag tweeted that the agreement was in place and reported the financial details in a series of tweets. Chandler Rome of the Houston Chronicle reported the no-trade clause on Twitter.

Photo courtesy of USA Today Sports Images.

AL West Notes: Iwakuma, Bassitt, Altuve

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Some notes from around the AL West…

  • Mariners manager Scott Servais is hopeful that Hisashi Iwakuma can throw a bullpen session before the end of Spring Training, Servais told MLB.com’s Greg Johns (Twitter link) and other reporters.  Iwakuma is roughly expected to return by late May or early June, as the veteran righty continues his recovery from undergoing shoulder surgery last September.  Iwakuma re-signed with Seattle on a minor league deal, giving the M’s a potential extra bit of rotation depth once he is fully healthy.
  • The Athletics optioned right-hander Chris Bassitt to Triple-A today in the wake of a rough Spring Training, though Bassitt told Susan Slusser of the San Francisco Chronicle that he believes a lack of communication about his role contributed to his 7.11 ERA over 6 1/3 IP.  According to Bassitt, “I was told coming into camp I was going to compete for a starting spot and never got a single chance…It’s hard to prepare when you don’t know what you’re preparing for. Anyone just wants to know what they’re expecting out of you and so far no one can really answer that yet.”  Bassitt said he was willing to pitch in whatever role the A’s wanted, except he just wanted more notice and more clarity about that role.  “The way my mechanics are, I pretty much have to go out of the stretch when I come out of the bullpen, and I wasn’t prepared to be a reliever, I really wasn’t. It’s frustrating all around that wasn’t relayed to me all offseason,” he said.  Oakland manager Bob Melvin said he felt the team “tried to intimate that to” Bassitt that he would be deployed in an undefined role as a swingman, long reliever, or starter depending on the situation.  Bassitt last pitched in the majors in April 2016, as he was sidelined for much of that season due to Tommy John surgery, and he tossed 50 2/3 innings in the minors in 2017.
  • Though Jose Altuve’s five-year, $151MM extension doesn’t begin until the 2020 season, Fangraphs’ Craig Edwards believes the Astros aren’t facing too much risk in locking up the star second baseman.  Comparing the Altuve deal to other extensions of five-plus years for players who were at least two seasons away from free agency, Altuve is younger than three of the names cited (Miguel Cabrera, Dustin Pedroia, Ryan Howard) and is coming off a much better platform year than Ryan Zimmerman when he inked his six-year, $100MM pact with the Nationals.  The best comp might actually be Joey Votto’s ten-year, $225MM extension from the Reds, though Houston’s commitment to Altuve was only half as long.  Since Altuve still projects to be an excellent player going forward, the extension also shouldn’t be considered a “gift” — as in, the Astros weren’t simply giving him a make-good deal since his original extension proved to be such an incredible bargain for the team.

Poll: Grading the Jose Altuve Extension

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Yesterday, it was reported that the Astros have agreed to a five-year, $151MM extension with Jose Altuve that’ll keep him in Houston through his age-34 season. As MLBTR’s Jeff Todd mentioned yesterday, the deal will be by far the largest extension ever given to a second baseman, handily topping the $110MM given to Dustin Pedroia by the Red Sox in 2013.

It’s also just the sixth deal in MLB history that comes with an average annual value greater than $30MM. A win above replacement is widely believed to be worth around $8MM, so it seems likely that Altuve could still provide the 4-ish WAR per year necessary to provide the Astros with surplus value on this new deal. Indeed, the reigning AL MVP and three-time batting champ has been worth 14.3 fWAR across the past two seasons alone.

Of course, it’s not a given that Houston’s star second baseman can maintain that level of production through the age of 34. Although his strongest and most notable skill is his penchant for making good contact (with an astonishingly low swinging strike rate) and racking up hits, a large part of his value is tied up in his baserunning. Though last season Altuve stole 32 bases and managed a .339 BABIP on grounders, history says that his speed isn’t likely to stick around past age 30, at least not to that level.

Even as his speed starts to go, however, contact ability and plate discipline (Altuve carries an incredible 10.7% career strikeout rate) are skills that typically tend to age well. And there’s something to be said for the Astros keeping the face of their franchise around through 2024.

It’s not unreasonable to think that Altuve could have earned a larger guarantee if he’d waited to hit the free agent market following the 2019 season. But as with his first extension with the Astros, he’ll essentially sacrifice earnings upside for added financial security… and a whole lot of it, too. The contract ranks as the 31st-largest guarantee in MLB history. He’s now guaranteed life-changing money, with a chance to earn even more when he hits the free agent market again six and a half years from now.

At this point, we want to know your opinion. What do you think of the second Altuve deal from the Astros’ perspective? (Poll link for app users)

What about from Altuve’s perspective? (Poll link for app users)

Jose Altuve Wins American League MVP Award

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Astros second baseman Jose Altuve was the clear favorite among Baseball Writers’ Association of America voters for the American League Most Valuable Player award, as he took 27 of 30 first-place votes en route to his first MVP nod.

Altuve, a diminutive but dominating figure, led the American League in hits for the fourth-straight season and finished with a .346/.410/.547 slash with 24 home runs and 32 steals. While the Astros’ postseason success did not weigh in the balloting, the team’s 101-win regular season campaign surely did not hurt Altuve’s candidacy.

Some thought it would be a tighter race between Altuve and the towering Aaron Judge, who was an easy choice for the American League Rookie of the Year Award. Judge topped fifty homers while also pacing the A.L. in walks (as well as strikeouts). While he rebounded from a late-summer swoon to post a monster month of September, finishing with an excellent .284/.422/.627 campaign at the plate, Altuve’s steady excellence earned him the award.

Third and fourth place went to Jose Ramirez of the Indians and Mike Trout of the Angels, respectively. Ramirez doubled down on his breakout 2016 season, delivering a .318/.374/.583 batting line and stellar defense to the team with the American League’s best record. All of the three finalists — worthy though they were — have Trout’s torn thumb ligament to thank for opening the award to other contenders. He racked up nearly seven wins above replacement in just 114 games and could well have been an easy choice in his own right in a full season of action.

Astros Notes: Keuchel, Springer, Correa, Altuve

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The Astros’ enviable core of talent has already delivered one World Series title and set them up as contenders through at least next season.  The big-picture question facing Houston, however, will be which members of the roster are kept over the long term.  Here are some notes from FanRag Sports’ Jon Heyman on the state of any Astros contract extensions…

  • Dallas Keuchel is currently in the process of switching his representation.  The ace southpaw has one final year of arbitration eligibility (MLBTR projects him to earn $12.6MM) before hitting the open market as part of the star-studded 2018-19 free agent class.  The agency change “and timing could suggest he’s thinking about change,” Heyman writes, though Keuchel has been willing to discuss an extension with the Astros in the past.  Previous talks didn’t result in a long-term deal, however — Heyman notes that one of the team’s initial offers was similar to the early-career extensions signed by Madison Bumgarner and Chris Sale.
  • There haven’t been any extension talks with George Springer in “at least a year and a half.”  Houston also made an early-career extension offer to Springer, and then a significantly larger offer around two years ago.  Springer is in line for extra money as a Super Two player, as he earned $3.9MM in 2017 and is projected for a big raise up to $8.9MM in 2018.  Since the Astros have Springer under team control through the 2020 season, there isn’t any immediate need for an extension, unless the Astros want cost-certainty over his arb years or want to establish Springer as a long-term cornerstone player into the next decade.
  • Some interesting details are provided on Jose Altuve’s representation history, as the second baseman initially parted ways with Scott Boras in 2013 when Boras advised Altuve against signing an extension with the Astros.  Altuve went on to indeed sign that extension in July 2013, and Altuve’s subsequent rise to superstar status made that four-year, $12.5MM deal with two club option years into a major bargain.  (Houston exercised the first of those club options for 2018, netting Altuve another $6MM in guaranteed money.)  Altuve re-hired Boras as his agent in July 2016, which Heyman writes “could be taken as an indication he has a different mindset now that he has the security” of that initial contract.  Boras clients generally end up reaching free agency, though there have been enough high-profile exceptions to that trend (i.e. Stephen Strasburg, Carlos Gonzalez) that there is still hope at a longer-term deal to keep Altuve in Houston.
  • Carlos Correa seems perfectly willing to go year-to-year until he hits free agency.  The shortstop said last spring that he was at least willing to listen about a long-term deal but only until he hit his arbitration years; Greg Genske, Correa’s agent, made the bolder statement that Correa had no interest at all in an early-career extension.  Last April, MLBTR’s Charlie Wilmoth explored the many forms a Correa extension could take, if the two sides did happen to come to an agreement.  Correa will become eligible for arbitration next offseason, so the team has one more year to work out a multi-year deal, assuming Correa’s previously-stated deadline still holds.

Astros Exercise Club Options On Jose Altuve, Marwin Gonzalez

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In perhaps the least-surprising decision of the offseason, Astros general manager Jeff Luhnow tells reporters that the team will indeed exercise its 2018 club options over Jose Altuve and Marwin Gonzalez (Twitter link via the Houston Chronicle’s Jake Kaplan). Altuve will earn $6MM next year, and Gonzalez will take home a $5.125MM salary.

Jose Altuve and Marwin Gonzalez | Gary A. Vasquez-USA TODAY Sports

Altuve, of course, is one of the front-runners for American League MVP honors on the heels of a season in which he batted a ridiculous .346/.410/.547 with 24 homers and 32 stolen bases.

The 27-year-old superstar won his second consecutive American League batting championship and his third in the past four seasons. All told, he was a roughly eight-win player by both Fangraphs’ and Baseball-Reference’s version of Wins Above Replacement. In all likelihood, the American League Most Valuable Player Award will come down to a two-horse race between Altuve and Aaron Judge.

He’s led the American League in hits for the past four seasons, topping 200 total knocks in each of those years. Houston holds one more option over Altuve’s services for the 2019 season — yet another bargain at $6.5MM — before the five-time All-Star will be eligible for free agency in the 2019-20 offseason.

Gonzalez, 29 next March, had one of the most impressive and unexpected breakouts of any player in Major League Baseball. After hitting .268/.309/.413 in nearly 1200 plate appearances from 2014-16, the switch-hitting utility man erupted with a .303/.377/.530 batting line in 515 plate appearances. Gonzalez’s 23 homers and 34 doubles shattered his previous career-highs of 13 and 26, respectively. The former Rule 5 pick more than doubled his walk rate and also cut his strikeout rate by nearly four percent when compared to the preceding season.

Beyond his excellence at the plate, Gonzalez saw at least 130 innings at all four infield positions, including 281 at shortstop. He also played 331 innings in left field during the regular season before serving as the team’s primary left fielder in the playoffs. Gonzalez will be a free agent following the 2018 season.

Photo courtesy of USA Today Sports Images.

Injury Notes: Altuve, Yadi, Olson, Red Sox

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Here are the latest health notes from around the game:

  • The Astros dodged a bullet tonight when star second baseman Jose Altuve left the game after being struck on the forearm by a pitch. Thankfully, as Jake Kaplan of the Houston Chronicle tweets, x-rays came back negative. The diminutive 27-year-old is leading the American League in hits for the fourth consecutive year and in batting average for the third time in four seasons. He’s also pacing qualified batters with a career-best 168 OPS+.
  • Also departing with an injury tonight was Cardinals veteran Yadier Molina. The team announced that he’s undergoing testing as part of the concussion protocol after taking two consecutive foul balls off of his mask. His status for the rest of the regular season remains uncertain, but it could become a bigger issue if St. Louis can claw into Wild Card position.
  • Athletics slugger Matt Olson has been diagnosed with a grade 2 hamstring strain, Susan Slusser of the San Francisco Chronicle tweets. He’s very likely to miss the remainder of the season, but it won’t put a damper on an exciting campaign. Olson, 23, has streaked to 24 long balls in 216 trips to the plate, with a robust .259/.352/.651 batting line. He’ll fall shy of a full year of service, too, so the A’s will control Olson for six more campaigns.
  • Things didn’t go quite as hoped for the Red Sox tonight. Lefty Drew Pomeranz was sitting in the high-eighties with his fastball, though he says that was part of a plan to save some gas for the later innings, as Jason Mastrodonato of the Boston Herald reports. Star outfielder Mookie Betts left with a wrist issue, though there’s no reason as yet to think it’s significant. Of the greatest concern, perhaps, infielder Eduardo Nunez tweaked his injured knee. He suggested that he’ll sit out a few more games and try again to return, as Jason Mastrodonato of the Boston Herald tweets.

Mike Trout, Kris Bryant Win MVP Awards

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Mike Trout of the Angels and Kris Bryant of the Cubs won the most valuable player awards in their respective leagues, the Baseball Writers Association of America announced tonight.

If Trout’s win is a surprise, it’s only because many wondered of the impact of the fact that his team wasn’t in contention. Looking only at his numbers, the case was rather clear, and he got 19 of 30 first-place votes. It may have been only a typical season for Trout, but a .315/.441/.550 batting line, 29 home runs, and 30 steals (combined with outstanding baserunning and quality defense in center) represented the best all-around output in baseball. This is his second MVP, and the fifth consecutive year he has finished in the top two of the voting.

Mookie Betts was the other top contender for the American League prize, and he was Trout’s equal in most offensive areas excepting OBP (.363), but his context-adjusted output wasn’t anywhere near as good (171 wRC+ for Trout, 135 for Betts). That said, Betts was every bit as good on the bases, and graded better defensively, but still finished over 1 WAR behind. He received nine first-place votes. Star Astros second baseman Jose Altuve came in third in the race.

On the National League side, it was long apparent that Bryant would win. He very nearly did so unanimously, but second-place finisher Daniel Murphy garnered one top nod. In just his second season in the majors, Bryant blasted 39 home runs, put up a 149 wRC+, and made a difference with his glove and legs. That he was the best player on the best team in the game surely didn’t hurt.

It was a truly great campaign for the Nationals’ Murphy, too, who slightly topped Bryant in overall offensive production (156 wRC+) but wasn’t nearly as good in the other areas of the game. Corey Seager of the Dodgers, who took the Rookie of the Year award, finished an impressive third.

Injury Notes: Altuve, Bregman, Pearce, Gsellman

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A look at some notable injury situations around the league…

  • Ominous news for Astros fans tonight, as both Jose Altuve and Alex Bregman exited the game with injuries, per a pair of club announcements. Altuve was lifted from the game due to discomfort in his right oblique, while Bregman exited early due to right hamstring discomfort. Julia Morales of ROOT Sports  tweets that both players will be re-evaluated on Friday — the Astros have an off-day tomorrow — but manager A.J. Hinch isn’t optimistic that either will be able to play in the series opener in Seattle on Friday. Houston topped the Rangers in an 8-4 win tonight, but the loss of either Altuve or Bregman would be devastating, particularly with a critical series against the Mariners on tap. Seattle is currently ahead of Houston in the Wild Card standings, though the Mariners themselves are currently two games back in the race.
  • Orioles infielder/outfielder Steve Pearce has been shut down indefinitely after receiving a platelet-rich plasma injection in his ailing right elbow, reports MASNsports.com’s Roch Kubatko. Manager Buck Showalter revealed little about the injury to reporters, though Kubatko writes that the Baltimore skipper stated that Pearce could still return “in some capacity” later this month. The Orioles currently hold one of the two AL Wild Card spots, though having a bat of Pearce’s caliber in the mix would increase their chances of retaining that lead and of advancing in the postseason. Beyond that, Pearce is a free agent following the season, and September elbow troubles don’t figure to do him any favors in terms of earning power. The 33-year-old’s production has tailed off since being traded back to the O’s, but he still owns a terrific .288/.374/.492 slash on the season.
  • ESPN New York’s Adam Rubin reports that Mets rookie right-hander Robert Gsellman has been playing through some degree of a labrum tear in his left (non-throwing) shoulder. Gsellman’s injury prevents him from being able to swing a bat, which obviously poses a problem for a National League pitcher — specifically one that has made three starts for the team late in the season. Per Rubin, doctors will wait until the offseason before determining if Gsellman needs surgery to correct the issue or if an offseason of rehab will allow the shoulder to heal. The 23-year-old Gsellman has a 3.92 ERA in 20 2/3 innings for the Mets since debuting earlier this summer.

Jose Altuve Hires Scott Boras

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Astros superstar Jose Altuve has changed agencies and is once again represented by Scott Boras, tweets Yahoo’s Jeff Passan. Robert Murray of FanRag Sports first noted the potential change yesterday (on Twitter). The 26-year-old had previously been repped by Boras but left his agency in 2013.

The agency switch won’t have any immediate impact on Altuve, who is in the midst of one of the game’s most attractive contracts (from the team perspective). He’s earning a modest $3.5MM this season in what would have been his second arbitration season, and he’ll take home $4.5MM in 2017 — his would-be third arbitration season. Houston also holds club options valued at $6MM and $6.5MM for the 2018-19 seasons which are, of course, a lock to be exercised barring some form of catastrophic injury. Altuve is currently slated to hit the open market for the first time as he heads into his age-30 season, so he’ll have plenty of earning potential three years down the line as a free agent.

Altuve’s agency switch will be reflected in the MLBTR Agency Database, which contains agent information on well over 2,000 Major League and minor league players. If you see any notable errors or omissions, please let us know via email: mlbtrdatabase@gmail.com.

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