It's a busy time of year for MLB organizations. Not only are they trying to trade and sign the best players for their team, but they also have to handle their current players' contracts.
It's important that teams are able to come to agreements with their current players, because if they don't, there will be discontent between both parties. No one wants that.
The San Diego Padres just settled with one of their pitchers, and not just for this year. No, the Padres and LHP Brad Hand reached an agreement that would extend Hand for a few more years.
The deal is believed to be in the $18-20 million range.
LH reliever Brad Hand in agreement with #Padres on three-year extension with club option for fourth year, sources tell The Athletic. Guarantee believed to be $18M-$20M range. Deal covers final two arb years and at least one free-agent year. Option is for second free-agent year.— Ken Rosenthal (@Ken_Rosenthal) January 13, 2018
Hand is now under contract for three more years with a fourth-year open, and his final two arbitration-eligible seasons are covered. Also covered is his first year of free agency.
This is a huge move for both Hand and the Padres, as there is no question now how much the southpaw will be getting paid in the future.
Hand threw very well in 2017, posting a 2.16 ERA in his 72 appearances. He's worth every penny of the contract the Padres just gave him.