It’s probably not the contract news you were hoping for, but Univision’s Mike Rodriguez is reporting that the Cleveland Guardians have agreed to a five-year, $20 million extension with 24-year-old relief pitcher Emmanuel Clase.
Under his previous contract, Clase would have been arbitration-eligible ahead of the 2024 season, before becoming a free agent at the conclusion of the 2026 season. The exact terms of the new contract have yet to be announced, but reportedly the deal covers Clase’s pre-arbitration and arbitration years and includes club options for the 2027 and 2028 seasons.
The deal includes a $2 million signing bonus, and each option year is valued at $10 million and can rise to as high as $13 million with incentives, along with a $2 million buyout.