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Aaron Hicks signs seven-year extension. Some thoughts:
Good morning! If you’re like me, this week started out promptly with the report that Aaron Hicks has signed a 7-year contract extension with the Yankees for a base of $70 million, according to friend-of-the-program Jack Curry. The terms of the contract begin this season, 2019. There is an eighth-year club option on the deal that is worth $12.5 million, so my quick math tells me the deal maxes out at 8-years, $82.5 million. The year-by-year breakdown, according to Joel Sherman: 2019: $6M salary, $2M signing bonus 2020-2023: $10.5 2024-2025: $9.5M 2026 team option: $12.5M or $1M buyout I have...
Luis Severino signs extension with Yankees to avoid arbitration
The Yankees signed Luis Severino to an extension Friday morning, just in the nick of time to avoid the arbitration hearing that was scheduled for later in the day Friday. The deal has a base of four years and $40 million, buying out his four arbitration seasons. There is a fifth-year club option on the contract, which would be his first free agent season. The deal can max out at $52.25 million over the next five years (thru 2023), according to Joel Sherman and Jeff Passan. This is a great thing for the Yankees, who get to avoid...
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