J.T. Realmuto likely to receive record deal for catchers

Friday was the deadline for all MLB clubs to come to agreements with their arbitration-eligible players. In the event no deal could be reached, both sides were to submit 2020 salary figures on which an arbitrator would make a final ruling at hearings to be scheduled in February.

The Philadelphia Phillies were able to come to an agreement with four of the six players, all pitchers, who were eligible.

Agreeing to one-year deals with the club were projected starting pitchers Vince Velasquez ($3.6 million) and Zach Eflin ($2.625), and a pair of lefties in Jose Alvarez ($2.95) and Adam Morgan ($1.575) who will each pitch out of the bullpen.

A number of star players around the big-leagues agreed on contract figures with their clubs and will avoid the arbitration process. Those include Mookie Betts, who set a new one-year arbitration-eligible record by agreeing to a $27 million deal with the Boston Red Sox.

Betts’ deal with the Bosox beats the $26 million agreed to just one year ago by the Colorado Rockies and superstar third baseman Nolan Arenado. However, within weeks of that agreement, Colorado and Arenado tore it up and agreed to an eight-year, $260 million extention.

The Phillies failed to come to an agreement on a 2020 contract with two players, presumptive closer Hector Neris and All-Star catcher J.T. Realmuto. Figures were exchanged with both, with Neris seeking $5.2 million and the club offering $4.25, while Realmuto sought $12.4 million with the Phillies offering an even $10 million salary.

As this news broke, the doom-and-gloom segment of the Phillies fan base took to the intrawebs to complain. That’s putting it mildly in many cases. Here are some representative samples of what was blasted across Twitter:

“The Phillies won’t pay their Silver Slugger, Gold Glove winning BEST CATCHER IN BASEBALL $2.4M, but they’ll pay a man who’s lowest ERA the last 3 years was 4.85 $3.7M. I’m literally sick to my stomach right now.” (@zachary_east412)

“Wow this is pathetic, a guy you want to sign long term, your going to go to arbitration over 2 million dollar difference but able to settle with Vince Velasquez???? This team is completely dis functional. Now I know why we haven’t heard from management, they can’t face the fans.” (@Oreillymike23)

“In any business you lock up your best assets and ensure they’re taken care of. Wouldn’t blame JT for walking when he’s a UFA and escaping this sideshow of an organization.” (@romeobluesnoine)

My response to those folks would be simple. Calm down. Slow your roll. Take a chill pill. Don’t worry. Relax.

A year ago, the Phillies exchanged figures with pitcher Aaron Nola. Entering his age 26 season, Nola was coming off a Cy Young caliber campaign. Many in the fan base similarly wrung their hands and banged out many an exasperated comment on their keyboards.

And then on the day of their scheduled arbitration hearing, Nola and the Phillies announced a contract agreement taking their star hurler through 2022 with a club option for 2023. Crisis averted. Hand-wringing and keyboard-bashing for naught.

The same thing will happen now with Realmuto. The Phillies have already expressed publicly that they want to do a long-term deal with the player many regard as the top catcher in the sport. Realmuto has publicly expressed a desire to remain with the ball club for years to come. It will get done.

There are a few scenarios that could play out, with either the Arenado or Nola scenarios most likely. Either they go to an arbitration hearing, a one-year contract is awarded, and they continue to negotiate until reaching a new longer deal as with Arenado. Or they hash out a last-minute contract ala Nola.

The other scenario is that it doesn’t take that long. Phillies general manager Matt Klentak has certainly been in communication with Realmuto’s representatives at BBI Sports Group. I would be willing to bet that a great deal of groundwork has already been laid on a long-term deal.

Scott Lauber at the Philadelphia Inquirer broke down the contract possibilities well in his piece today on the subject:

“Realmuto is older than Joe Mauer and Buster Posey when they signed $184 million and $167 million extensions, respectively. And they were also former MVPs. But he compares favorably to St. Louis Cardinals catcher Yadier Molina, who signed a five-year, $75 million extension at age 29 before the 2012 season. Allowing for eight years of inflation, Realmuto seems likely to want something in the neighborhood of five years and $100 million.”

A five-year contract would take Realmuto through his age 33 season. Molina was an All-Star caliber catcher through age 35. Posey stayed at that level into his age 31 season,  Mauer into his age 30 campaign, before both switched largely to first base (as well as DH in Mauer’s case.)

The Phillies previously received solid, starting-caliber contributions from Carlos Ruiz through his age 35 season, though the last really strong result for “Chooch” came at age 33 in 2012.

For the Phillies to make a bet on Realmuto, who keeps himself in excellent physical condition and who has appeared in at least 125 games in each of his five full big-league seasons, through age 33 in 2024 does not seem like a very risky proposition.

That 2024 roster has $49 million total salary committed at this point, owed to Bryce Harper and Zack Wheeler. Look for Realmuto to become the third with a $20+ million deal that year in what would be the final guaranteed season of a long-term contract which he will reach with the club in the coming weeks.

 

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