clock menu more-arrow no yes

Filed under:

Cardinals sign Carlos Martinez to 5-year, $51 million extension

New, comment

The right-hander’s deal will buy out two free-agent years,

MLB: St. Louis Cardinals at Chicago Cubs Dennis Wierzbicki-USA TODAY Sports

The Cardinals have agreed to a five-year, $51 million extension with right-hander Carlos Martinez, according to FanRag’s Jon Heyman. The deal includes two club options, valued at $17 million in 2022 and $18 million in 2013, meaning the contract can max out at $85 million over four seasons.

St. Louis has expressed interest in locking up Martinez for years, and will now have control of the 25-year old through the 2024 season. The deal will buy out three of Martinez’s arbitration years and also covers four free-agent seasons. Per Heyman, it is the largest deal ever for a first-time arbitration-eligible pitcher.

Martinez has been excellent in his first four seasons for the Cards, posting a 3.32 ERA in 492.2 innings since breaking into the majors in 2013. Since becoming a full-time starter last season, he has posted ERAs of 3.01 and 3.04 in each season while winning 30 games over two years. He was named an All-Star in 2015.

Martinez is the latest Cardinal to receive a long-term deal, joining Matt Carpenter (through 2020), Jedd Gyorko (through 2020), Kolten Wong (through 2021), Mike Leake (through 2021), Brett Cecil (through 2021) and Dexter Fowler (through 2022).