Red Sox reportedly far apart in Xander Bogaerts, Rafael Devers contract talks

In the days leading up to the start of the regular season, the Red Sox had extension discussions with star infielders Xander Bogaerts and Rafael Devers. The team didn’t reach a long-term deal with either player, and it’s not believed they want to continue negotiations during the season.

Jon Heyman of the New York Post now sheds more light on the respective talks, characterizing the sides as being $100M or more apart in both instances. Heyman reports that Boston offered Bogaerts around $90MM over four seasons. Boston’s offer to Devers isn’t clear, but Heyman suggests there was a rather notable gap on the length of the commitment, with the young star seeking a much longer guarantee than the team put on the table.

Bogaerts’ and Devers’ situations aren’t analogous, so it’s worth considering them separately. The star shortstop is the more immediate concern, as Boagerts can reach free agency at the end of this season. The right-handed hitter is signed for $20M annually between 2023-25, but he can opt out of the final three years on his deal at the end of this season. According to Heyman, the Red Sox offered to tack on around $30M in 2026 while keeping his salaries for the next three years the same.

It’s no surprise that wasn’t an appealing proposition for the three-time All-Star. He’s just six months away from having a chance to test the open market in advance of his age-30 season. Bogaerts wouldn’t receive the kind of decade-long commitment the younger Corey Seager did, but he could be in position for a deal of seven or even eight years if he performs as expected in 2022.

This offseason, the Rockies signed Kris Bryant to a seven-year deal worth $182M heading into his age-30 campaign. The Rangers signed Marcus Semien for seven years and $175M for his age-31 through age-37 seasons. Trevor Story and Javier Báez — each of whom was headed into their age-29 seasons — inked six-year pacts worth $140M with opt-out opportunities.

It’s fair for Bogaerts and his representatives at the Boras Corporation to argue for a deal that tops all those contracts. Going back to the start of 2019, the four-time Silver Slugger Award winner owns a .302/.375/.523 slash line that translates to a 135 wRC+ (indicating offensive production 35 percentage points above the league average). That’s better than the respective marks for each of Bryant (123), Semien (128), Story (113) and Báez (104). Bogaerts also has the edge if one looks back two seasons, while Semien was similarly productive last year.

A deal matching Semien’s $25M average annual value that takes Bogaerts through his age-37 campaign would pay him $200M over eight seasons. He’ll need a typically excellent platform year to land that kind of payday on the open market, but it’s not out of the realm of possibility. Bogaerts isn’t the caliber of defender that Semien, Story or Báez are, but he has a longer track record of offensive excellence than any of those players.

Of course, it’s possible that Bogaerts gets injured or underperforms in 2022. In that instance, the remaining $60M on his deal affords him plenty of security, since he could elect not to opt out. (That also contains a $20M vesting option for 2026). Forgoing an opportunity at $175M — $200+M to raise the floor of his existing contract from $60M to $90M isn’t a particularly appealing concept. Heyman writes that Bogaerts’ camp decided not to make a counteroffer, with a friend of Bogaerts’ calling the team’s proposal “a slap in the face.”

Nothing prevents the Sox from upping their proposal after the season if Bogaerts tests the open market, but they’d presumably have to do so significantly to keep him in the fold. Whether they’ll have interest remains to be seen, but Boston signed Story to the aforementioned $140M deal this past offseason. Story was a career-long shortstop with the Rockies, and while he moved to second base in deference to Bogaerts, the Sox could kick him back to his old position next year. Boston has one of the game’s top second base prospects, Nick Yorke, at High-A. Former top prospect Jeter Downs is coming off a rough season in Triple-A but was nevertheless added to the 40-man roster last November.

That could be a precursor to Bogaerts’ eventual departure, but chief baseball officer Chaim Bloom tells Heyman the Story signing “doesn’t change our desire to keep” Bogaerts and Devers. He added “we’re hopeful we can keep both guys,” but declined to discuss the specifics of the team’s offers.

Unlike Bogaerts, the team can unilaterally keep Devers around in 2023. The slugging third baseman is arbitration-eligible once more next winter, when he’ll be due a raise on this year’s $11.2M salary. With notable earnings already in the bank, Devers shouldn’t have much financial pressure to accept a team-friendly deal. He’s coming off his first All-Star campaign and Silver Slugger after hitting .279/.352/.538 with 38 home runs.

Devers, who debuted in the big leagues as a 20-year-old, is on track to reach free agency in advance of his age-27 campaign. He’ll face some questions about his ability to stick at the hot corner over the long haul given his subpar defensive metrics, but there’s little doubt about his offensive capability. Devers ranks 28th in wRC+ among 159 hitters with 1,000+ plate appearances over the past three seasons, with his .290/.350/.537 line translating to a 129 mark.

The Red Sox, it should be noted, have plenty of long-term payroll flexibility. Until last month’s Story pickup, Bloom and his staff had shied away from making free-agent splashes since he was hired in October 2019. Boston opened this season with a payroll in the $220M range, but they’d have just $72M in 2023 guaranteed commitments (before accounting for arbitration) if Bogaerts opts out. That number would drop to about $57M in 2024, with Story and Chris Sale the only significant expenditures that year. (Sale himself can opt out after this season, but he looks less likely to do so after his last three years have been dampened by injuries). That sets up some interesting decisions for the front office around which players they’d like to build over the long haul.