From a transaction perspective, this time of the baseball calendar is defined by extensions. Within the past month, we've seen two impending free agents (Nico Hoerner and Jesús Luzardo) come off the board. The Cubs got a deal done with pre-arbitration center fielder Pete Crow-Armstrong. Philadelphia extended Cristopher Sánchez even though he was already potentially signed through 2030.
The Orioles extended arbitration-eligible starter Shane Baz. The Mariners reached the largest pre-debut extension with shortstop prospect Colt Emerson. That's likely to be a brief record with the Pirates reportedly working on a deal with #1 overall prospect Konnor Griffin. Milwaukee infield prospect Cooper Pratt is nearing an eight-year contract of his own despite being a couple tiers below Griffin and Emerson according to scouts.
Despite all that activity, there's one demographic that has stayed out of the early-season extension run. There have not been any long-term deals for pre-arbitration pitchers this spring. Teams aren't quite as aggressive in extending pitchers early in their careers as they are with elite position player talents. There's more injury uncertainty with young arms.
However, there are generally a few extensions for pre-arbitration hurlers each season. Tanner Bibee, Brandon Pfaadt and Arizona closer Justin Martinez signed extensions last spring. Brayan Bello agreed to a six-year deal the year before that. Hunter Greene, Spencer Strider, Aaron Ashby, Garrett Whitlock and Emmanuel Clase were among those to sign between 2022-23.
Will any young pitchers sign extensions within the next few weeks? Let's run through a few speculative possibilities in each service class and the kind of money which those pitchers could command.
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