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Word broke early on Monday morning that the Twins and Pablo Lopez were putting the finishing touches on a four-year, $73.5 million contract extension. Lopez was under team control through the 2024 season through the arbitration process, but this deal will buy out his final arbitration year and give the Twins an additional three years of team control. It’s a substantial deal for a franchise that has tended not to sign pitchers to long-term deals.
Minnesota’s current front office has avoided long-term deals, especially for pitchers. In 2018, the Twins signed Addison Reed to a two-year, $16.75 million contract. He had been one of baseball’s most consistent relievers but struggled with the Twins. In 55 appearances, he posted a 4.50 ERA with a 1.43 WHIP and a career-low 7.1 K/9. He failed to make an appearance with the Twins in 2019.
Other multi-year deals for pitchers include Michael Pineda and Chris Paddack under the current regime. In both cases, the player was returning from injury, which can make it easier to agree to a team friendly deal. Pineda signed for two-years, $20 million leading into the 2020 season after pitching in 2019 in his first year back from Tommy John surgery. Earlier this year, the Twins and Paddack agreed to a three-year, $12.5 million extension. The deal bought out his final two years of arbitration eligibility and what would have been his first free agent season (2025). There is a chance that Paddack pitches for the Twins in 2023, and the extension puts him in the team's plans for the next two years.
Before Lopez, the Twins had an opportunity to work out a long-term deal with Jose Berrios. It seemed like an opportunity for Minnesota to extend a homegrown pitcher that had performed at an All-Star level for most of his career. Instead, the Twins traded him to Toronto for Austin Martin and Simeon Woods Richardson. The Blue Jays signed Berrios to a seven-year, $131 million contract entering his final year of team control. He’s struggled over the last two seasons with a 5.45 ERA and a 1.43 WHIP, so it appears the Twins avoided a declining player.
So, what makes Lopez different in the eyes of the Twins? Minnesota’s starting rotation will have plenty of holes to fill next season, with Sonny Gray, Tyler Mahle, and Kenta Maeda scheduled to be free agents. Lopez’s deal is significantly shorter than Berrios, which doesn’t put as much risk on the team. He will be under team control through his age-31 season, which still allows him to cash in on the free-agent market, especially if he continues to pitch well.
Lopez has pitched like an ace since the Twins traded for him this winter. In 26 innings, he has posted a 1.73 ERA with 33 strikeouts. Entering the season, Lopez was known as a fastball and changeup pitcher, but he added a sweeping slider to his pitching arsenal this spring. His new pitch has helped him increase his strikeout rate from 8.6 K/9 to 11.4 K/9. He will be at the top of Minnesota’s rotation in 2024 with Joe Ryan and Chris Paddack.
He has fought through injuries throughout his career, so there is some risk from the Twins’ perspective. Previously, he missed time with a shoulder strain and right rotator cuff strain. During the 2022 season, he pitched a career-high 180 innings, but he had never pitched more than 111 innings before that breakout performance.
By all accounts, Lopez has been a great addition to the Twins clubhouse. He’s a team leader and provides a positive attitude for other players, coaches, and media members. The Twins named him the Opening Day starter and many consider him the team’s best pitcher, especially with how well he has performed so far in 2023.
The Twins are betting on Lopez to continue his breakout performance while staying healthy. Do you feel the Twins should hand out more long-term contracts for pitchers? Is Lopez a good long-term investment? Leave a COMMENT and start the discussion.
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