Astros facing gaps in extension talks with two key players

The Astros have spent the past few weeks attempting to work out extensions with a number of key players. Outfielder Kyle Tucker and starting pitcher Framber Valdez are among those with whom the club has been in contact, though the New York Post’s Jon Heyman now casts some doubt on the chances of either player signing this spring.

Astros GM Dana Brown tells Heyman the club expects to know whether anything will transpire within the next 48 hours. Brown frankly tells Heyman the team is “further away (in negotiations) with Tucker” than Valdez but didn’t handicap the odds of getting a deal done with either player.

Teammate Yordan Alvarez represents one potential comparison point in discussions with Tucker, who has between three and four years of service time. The slugger signed a six-year, $115M deal just last June, agreeing to a fairly rare midseason extension of significance. Alvarez technically was just shy of three years of service at the time of signing but inked a deal that didn’t go into effect until this year. For all intents and purposes, he was essentially in the same service bucket as Tucker now finds himself.

Alvarez is a better hitter than Tucker and one of the best offensive players in baseball. His career wRC+ of 164 trails only Mike Trout among active players with at least 1,500 plate appearances. However, he’s also had some knee issues and been mostly limited to designated hitter, with only part-time work in left field. Tucker, by contrast, is an excellent defensive right fielder.

Alvarez’s deal was the second-largest for a player in the three- to four-year service window. The record still belongs to Freddie Freeman, who signed an eight-year, $135M deal with the Braves ahead of the 2014 season. Freeman was a year younger than Tucker is now and coming off a stronger platform season. However, that deal is a decade old at this point, and Tucker’s camp could look to beat that pact. However, such a deal would be the longest deal in Astros history and the second-richest, with only Jose Altuve’s $151M guarantee surpassing it.

Brown indicated that Tucker is seeking out a longer-term deal than the Astros have historically given out. For his part, the GM seems to have little interest in breaking that organizational tradition, telling Heyman, “I understand that [avoidance of long-term deals], and I respect that. A lot of those long-term deals, they don’t end well.”

Given this, it’s no surprise that Astros brass seems to feel better about their odds of extending Valdez. The southpaw can also look to a teammate as a direct extension comp. In his case, it’s righty Cristian Javier, who signed a five-year, $64M pact last month. That represented the largest guarantee for a starting pitcher with between three and four years of service time.

It’s fair to expect Valdez’s camp would want to top that mark. Javier’s track record pales in comparison to that of Valdez; while both pitchers sport a 3.05 ERA since the start of the 2020 season, Valdez’s 3.34 FIP outshines Javier’s figure of 3.90, while the lefty also has volume on his side. Valdez has thrown 406 2/3 innings since the start of the 2020 campaign, more than a hundred ahead of Javier, and his career best 201 1/3 innings in 2022 have the look of a modern-day workhorse. Javier, by contrast, recorded a seventh-inning out just twice during the 2022 season.

That’s partially reflected in Valdez’s better earning power in arbitration. He’s set to make $6.8M for the upcoming season, whereas Javier was headed for a first-year arbitration salary around $3M. Valdez, as a Super Two qualifier over the 2021-22 offseason, also had an extra season of arbitration eligibility to build that stronger platform salary. That gap would’ve compounded on an annual basis considering arbitration salaries are based in part on a player’s previous-year salary.

Javier, who celebrates his 26th birthday later this month, had youth on his side in signing that extension compared to Valdez. The southpaw is already 29. That perhaps makes Javier a cleaner long-term bet from the team’s perspective, though it also puts more of a premium for Valdez on securing a lofty guarantee if he’s to sign an extension. While Javier will still get to free agency shortly before turning 31, Valdez would be signing away at least his age-32 season (and perhaps beyond) in any deal that buys out free-agent seasons.

Both Valdez and Tucker are controllable through the end of the 2025 season, given the club ample time to revisit contract talks in the future, even if no extensions get done in Brown’s proposed 48-hour window. With that being said, Brown could certainly continue attempting to extend the stay of either Alex Bregman or Altuve in Houston once negotiations with Tucker and Valdez have been tabled. Both veterans are set to become free agents following the 2024 season, meaning there will be far more urgency in locking up that pair of players going forward, particularly once the 2023 season has drawn to a close. The GM has already expressed a desire to retain both players, saying he’d like to keep both in Houston for the entirety of their careers.