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    Poised for a Breakout: The Twins Should Consider a Joe Ryan Extension


    Cody Christie

    Many of the Twins’ top young players are inching closer to free agency. This winter might be the best time to sign Joe Ryan to a team-friendly extension, before he breaks out in 2025. 

     

    Image courtesy of © John E. Sokolowski-USA TODAY Sports

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    The Minnesota Twins have a solid rotation foundation heading into 2025, but stability can be fleeting. Injuries, inconsistency, and expiring contracts can quickly turn strengths into question marks. Joe Ryan has emerged as one of the club's most reliable arms when healthy. With three years of team control remaining, the Twins face a familiar question: Should they look to extend Ryan beyond the 2027 season?

    The Twins acquired Ryan from the Tampa Bay Rays for Nelson Cruz’s expiring contract in 2021, and that deal is shaping up to be one of the most lopsided trades in team history. Ryan has emerged as an effective big-league starter with the potential to still develop into an ace. Young, controllable starting pitching can be the lifeblood of a competitive organization, and that’s why it makes sense for the Twins to consider Ryan for an extension. 

    Last season, Ryan posted a 3.60 ERA (115 ERA+) with a 0.96 WHIP and a 27.3% strikeout rate. It was arguably his best season at the big-league level, thanks especially to his emerging ability to fill up the strike zone; he walked a career-low 4.3% of opposing batters. In early August, though, he left a start against the Chicago Cubs with a Grade 2 teres major strain behind his right shoulder. The injury ended his season, which meant the Twins were forced to rely on three rookie starters for the remainder of the second half. 

    Extending Ryan wouldn’t be about locking down an ace, but solidifying a durable piece of the rotation puzzle. Ryan debuted during his age-25 season, so the Twins already have him under team control into his early 30s. With the growing cost of free-agent pitching, the Twins could strike early and save themselves significant financial headaches in future seasons.

    A few recent deals stand out as comparable to what Ryan might look for in an extension:

    • Logan Webb (San Francisco Giants): Entering 2023, Webb agreed to a five-year, $90-million extension with the Giants. This deal covers his remaining arbitration years and extends into his free-agent eligibility, ensuring his presence in the Giants' rotation through at least the 2028 season.
    • Luis Castillo (Seattle Mariners): After acquiring him at the 2022 trade deadline, the Mariners locked up Castillo on a five-year, $108-million deal with a vesting option for a sixth year. Castillo was a year closer to free agency than Ryan is, but the example is illustrative, especially because Castillo is a fellow low-slot slinger with a riding fastball and a tight slider.
    • Mitch Keller (Pittsburgh Pirates): Keller and the Pirates agreed to a five-year, $77-million extension on Feb. 22, 2024. He was coming off an All-Star season and is only a couple months older than Ryan. This extension covers his arbitration period and secures his role with the team into his early free-agent years.

    Why Joe Ryan Would Want to Sign an Extension
    While some players prefer to bet on themselves in arbitration, Ryan has compelling reasons to consider an early deal:

    • Injury Concerns: Ryan has missed time in the last two seasons, including extended IL stints. An extension would provide financial security in case future injuries derail his trajectory.
    • Age: Ryan is older than most players with his level of service time, due to his non-traditional path to the majors. He would hit free agency in his early 30s, a risky age for pitchers seeking long-term deals.
    • Rising Market for Starters: Extensions are increasingly popular among pitchers looking to avoid the uncertainty of arbitration and free agency. A deal now could offer Ryan both stability and a fair value for his contributions.

    Why the Twins Would Want to Sign Him Long-Term
    For Minnesota, an extension for Ryan makes sense for several reasons:

    1. Cost Certainty: By locking Ryan in now, the Twins can avoid escalating arbitration salaries and secure a predictable payroll figure for years to come.
    2. Rotation Stability: Minnesota has helped Ryan develop into a playoff-caliber starter, and the club will need long-term solutions in the rotation. While prospects like David Festa and Simeon Woods Richardson offer promise, Ryan provides proven value.
    3. Team-Friendly Upside: If Ryan continues to improve, especially as he refines his fastball usage, the Twins could benefit from significant surplus value on an early extension. He’s already shown a knack for missing bats and generating weak contact, two hallmarks of a reliable starter.
    4. Avoiding the Free Agent Market: Finding dependable mid-rotation arms in free agency can be expensive. Ryan’s potential free-agent price tag could exceed what the Twins are willing to pay, making an extension a proactive move.

    The Twins have no immediate pressure to extend Ryan, but waiting could be costly. If Ryan stays healthy and continues to perform, his arbitration salaries will rise, and his free-agent value will soar. An extension would allow Minnesota to mitigate that risk while rewarding one of their most productive pitchers.

    For Ryan, an early deal offers financial security and the chance to be a cornerstone of the Twins’ rotation. For Minnesota, it’s an opportunity to lock in a reliable starter at a manageable price, which is a move that has paid dividends for other organizations. The Twins could also approach Bailey Ober with a similar contract extension


    If the Twins believe Ryan can anchor their rotation for the next several years, a well-timed extension could be a win-win for both sides. Should the Twins extend Ryan? Leave a comment and start the discussion. 

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    45 minutes ago, Doctor Gast said:

    I never said that Buxton said he didn't want to be here. Why do you continue to put lies in my mouth. I said that it was common knowledge on social media. I don't give much credence to social media but when nothing is being made public you wonder.

    You said it was common knowledge that Buxton really wanted to stay in MN all along.

    Twins Daily Analyst Nick Nelson had an article "What the Hell Are the Twins Doing With Byron Buxton? 11/16/21. Where he quotes Dan Hayes & Ken Rosenthal that Buxton's time in MN was in limbo & Twins were gauging trades, He later reported that Jim Pohlad was reluctant to move Buxton. Nick was expressing a lot of confusion with a lot of conflicting info. One possibility he stated was that Buxton didn't want to stay in MN because of being screwed in '18. he wanted to move to the South and or he wanted to test the FA waters. If it was common knowledge that Buxton really wanted to stay in MN all along, why did Nick mention him leaving as a possibility?

    You said that it took 4yrs to extend Buxton, if FO really wanted to extend Buxton why did it take so long? When Buxton's requests were finally made public, we could see that they were very team-friendly so this brings up again the question why did it takes so long? I never refuted that FO & Buxton were in contact throughout this period but how serious were they? That is my point.

    You say you have a lot of proof but it has nothing to do with what I said. If you put into context what I really said you can go back to any social media site you can confirm what I said to be true on what was being said. You just trying to discredit me. There were opinions that I gave & I stated them as opinion which I hope everyone here has the right to do & they should be taken with a grain of salt

     

     

    You don't need to use opinions. That's the point. You're refusing to use the actual information. Buxton, his agents, Falvey, Levine, and the Pohlads have given you the answers. What Nick guessed at doesn't matter. I gave you a link to an article. It talked about things that held it up. I listed one in my previous comment. His agents wanted his base salary to go up in subsequent years if he won the MVP in 2022. Twins didn't want that.

    It is now known knowledge that Buxton wanted to stay. I didn't say it was known before he signed. I haven't said anything about before he was signed. Who cares about rumors when you have the facts? You're basing your opinion about Falvey on rumors you've admitted were wrong, and called lies. So, yes, I'm actively discrediting that. Because that doesn't make any sense. He wanted something he didn't get (higher base pay for MVP award). He wanted something he did get (no trade). His demands and his leverage changed a lot over the years because of his performance and injuries.

    Again, many players want to stay on many teams who want that player to stay on that team and they can't come to an agreement. Even after negotiating for a long time. Joe Ryan may come to the end of his deal and want to stay and not end up staying because they can't agree on terms even if both sides wish they could. Both sides may want to do an extension right now, but if they don't agree on terms it doesn't happen. Freddie Freeman negotiated with Atlanta for a long time and couldn't get a deal done. When both sides are telling you the negotiations were good and everyone was trying and the rumors were wrong it's probably time to quit going off internet rumors you yourself call lies.

    49 minutes ago, chpettit19 said:

    You don't need to use opinions. That's the point. You're refusing to use the actual information. Buxton, his agents, Falvey, Levine, and the Pohlads have given you the answers. What Nick guessed at doesn't matter. I gave you a link to an article. It talked about things that held it up. I listed one in my previous comment. His agents wanted his base salary to go up in subsequent years if he won the MVP in 2022. Twins didn't want that.

    It is now known knowledge that Buxton wanted to stay. I didn't say it was known before he signed. I haven't said anything about before he was signed. Who cares about rumors when you have the facts? You're basing your opinion about Falvey on rumors you've admitted were wrong, and called lies. So, yes, I'm actively discrediting that. Because that doesn't make any sense. He wanted something he didn't get (higher base pay for MVP award). He wanted something he did get (no trade). His demands and his leverage changed a lot over the years because of his performance and injuries.

    Again, many players want to stay on many teams who want that player to stay on that team and they can't come to an agreement. Even after negotiating for a long time. Joe Ryan may come to the end of his deal and want to stay and not end up staying because they can't agree on terms even if both sides wish they could. Both sides may want to do an extension right now, but if they don't agree on terms it doesn't happen. Freddie Freeman negotiated with Atlanta for a long time and couldn't get a deal done. When both sides are telling you the negotiations were good and everyone was trying and the rumors were wrong it's probably time to quit going off internet rumors you yourself call lies.

    Buxton wanting or not wanting to stay has nothing to do with my opinion. I was just explaining the atmosphere of the time before everything came down with Buxton. Everything else is debatable which I don't want to do with you.

    BTW I didn't see any link

    18 hours ago, DJL44 said:

    If you can buy an asset for less than market value you should. Trade the player later if you have to.

    They don't have to buy him or take on the risk of buying him. They can trade him now; today. Unless you're suggesting the Twins can sign Ryan to a long term deal to an amount so far under market value that Ryan's trade value will increase? I suppose it's possible, but it's a pretty high bar to clear.

    Right now, BaseballTradeValues has Joe Ryan at +53.5 surplus trade value. An AFV of 72.5, which is a 3 WAR season expectation. Salary is projected at $19MM over the next 3 years, so probably like $4MM, $6MM, $9MM, but of course, whatever team trades for him also still have a team option for 1 year and $22MM-ish coming as a QO or a Comp A pick which will be the expected return if he turns it down.

    Okay, so what would the market like to see as a contract with Ryan in terms of length? 5yrs? More than that I think it would be viewed as a negative. So 5 years. How much does it cost to buy Ryan out of 2 free agency year? Ignoring the copy/paste Bailey Ober article content for poor comps, I'll take a look at Spotrac which figures Joe Ryan is worth 5yrs $91MM today in free agency. Probably fair-ish. 5yrs $66MM probably gets it done, IMHO. The Twins pay a little extra through arb years for Ryan to accept losing out on ever getting a big free agent contract. $5MM, $10MM, $15MM, $18MM, $18MM. Ryan will be entering his age 34 season. Value wise, surplus is probably essentially the same or maybe a little lower after the extension than it is right now. I'd expect AFV to be like 100-125 over that 5 year period so his surplus would be like +34ish to +59ish. Doesn't really move the needle, but it adds risk to the Twins if Ryan's shoulder blows out or something.

    It's unlikely Joe Ryan or any other established, quality, arb eligible player who will hit free agency in their 30s is going to sell their free agent years at a big special discount just to help the team increase trade value.

    3 minutes ago, bean5302 said:

    They don't have to buy him or take on the risk of buying him. They can trade him now; today. Unless you're suggesting the Twins can sign Ryan to a long term deal to an amount so far under market value that Ryan's trade value will increase?

    My comment wasn't about Joe Ryan specifically, but in general. If you can extend a player for less than they're worth you should, even if you can replace them from within. If Joe Ryan was willing to take a 6-year deal that only paid him $10M a season in his 30s (he likely isn't) they should sign him.

    On 12/20/2024 at 9:06 AM, In My La Z boy said:

    MLB Network has a crawl going saying Twins are listening to offers on Lopez.

    If we trade Pablo, extending either Ryan or Ober may happen? 

    I guess I don't like this but if we get a motherload for him? Not sure what "motherload" means?

    Not the best shedding salary idea I've heard. 

     

    If they trade Lopez what is the point of extending Ryan, Ober, and retaining Correa, Buxton, etc.?  Might as well blow the whole team up and do a full rebuild at that point.  Lopez's contract is not the issue.




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