YELICH EXTENDED - 9 YEARS $215M, Mutual Option in 2029, Full No Trade, $28 million deferred

[KeithStone53151]

I officially love this deal. Compare this to the Rendon and Arenado deal, it is without question on the team friendly side.

[KeithStone53151]

With the team's strong front office, this move solidifies the idea that the team likely won't me looking at chopping things down and rebuilding any time in the near future. Yelich has to know what the future holds. There's no way he signs this deal if they are going to tear things down in a couple seasons. We are likely to have some seasons in the next decade that won't be great, but the idea of looking at full teardowns and AAAA rosters, like we saw in the early 2000s, I believe is a thing of the past. That's how big this is. The Brewers are playing with the Big Boy clubs now.

 

Completely agreed. The whole 2-3 year window that I expected is no longer that at all. This extension blows that window wide open. Especially with the young pitching we have up now, and that we have coming down the pipeline.

[OldSchoolSnapper]

 

Now Heyman says 9/215 from this point forward. He was signed for 3/41.5, so we basically added an additional 6/173.5 to his current deal. Assuming all this is accurate of course. And he is signed through his age 36 season. That actually seems very reasonable considering he's basically 2 time MVP.

 

I agree. Roughly $24 million/year for the next nine years. Yelich must really like Milwaukee, because if he would have played out his contract and got to free agency after 2022, there is no way he isn't a $30+ million/year player.

 

He would be but the Brewers just ate three years. 3 years where you can regress, get hurt, economics can be crappy for you. It's about where I thought such a deal would be, I just never thought he'd sign it.

 

I think the age he would have been at FA made this easier for him to do it.

[adambr2]

I officially love this deal. Compare this to the Rendon and Arenado deal, it is without question on the team friendly side.

 

I don't disagree but contracts like these just can't be compared to guys who actually make it to the market like Rendon. Yelich is (was) still 3 years out from free agency, so these almost always look team friendly in comparison as the player needs to give that because of the risk the team assumed giving money that far out from free agency.

[Lathund]

So from piecing together the various Twitter posts, it would appear that the next two guaranteed years (14m+15m) are the same, with 7 years added on beyond that (Age 30-age 36 seasons), and the total value of those 9 years is ~$215m. So you could view it as either 7 years $186m ($26.6m AAV) or 6 years ~$171m ($28.5m). Or look at it from from where we are now, which is 9 years ~$215m or $24m AAV.

 

Either way, I'm happy with it. My heart is 100% onboard. My brain is mostly onboard, but the small reservations I have are nowhere near enough to make me anything other than very happy by hearing this news.

[topper09er]

 

Now Heyman says 9/215 from this point forward. He was signed for 3/41.5, so we basically added an additional 6/173.5 to his current deal. Assuming all this is accurate of course. And he is signed through his age 36 season. That actually seems very reasonable considering he's basically 2 time MVP.

 

I agree. Roughly $24 million/year for the next nine years. Yelich must really like Milwaukee, because if he would have played out his contract and got to free agency after 2022, there is no way he isn't a $30+ million/year player.

 

Wow, to put it in perspective Braun is roughly $21 million/year for this season

[pacopete4]

As a fan it’s super exciting that a Yelich type player will be here for the long term. As someone thinking about their financials and competing in the future it’s a bit of a head scratcher. You has his prime to use up and compete. Now you pay for the later years of less production. Eh, oh well. Not my money. Also puts they MA non-believers to bed, which is great.

[PeaveyFury]

Very surprising and completely out of the blue. I said to someone this afternoon that I doubted the Brewers would re-sign Yelich as he could be a $300-mil player. Literally at 1:00 this afternoon.

[PeaveyFury]

As a fan it’s super exciting that a Yelich type player will be here for the long term. As someone thinking about their financials and competing in the future it’s a bit of a head scratcher. You has his prime to use up and compete. Now you pay for the later years of less production. Eh, oh well. Not my money. Also puts they MA non-believers to bed, which is great.

 

I agree with this in part. I do think it extends the window by at least a few years, but I agree that it may present financial challenges for the last couple of years as well.

[OldSchoolSnapper]

$25 million to one guy in 2027 should not prevent the Brewers from fielding a competitive team and if it has they haven't done a better job of drafting and developing which they have to be better at than they've been historically anyway. Some years will probably not look great for any number of reasons but if there is a talent pipeline, which too often there hasn't been, this contract won't kill them.

[wallus]

Love Yelich the guy and player. While the full details of this have not come out yet, my immediate reaction was why do this if you are the Brewers? I was under the impression that we were generally maxed out for payroll this season. I have to assume that Yelich will get a very sizable salary increase this year.

 

Personally I would rather have given the money to Rendon, Donaldson or even Arenado if we had this kind of flexibility. I am sure most will disagree with me on this.

[KeithStone53151]

 

Significant deferrals, I saw multiple people reporting this.

[Ron Robinsons Beard]

Love Yelich the guy and player. While the full details of this have not come out yet, my immediate reaction was why do this if you are the Brewers? I was under the impression that we were generally maxed out for payroll this season. I have to assume that Yelich will get a very sizable salary increase this year.

 

Personally I would rather have given the money to Rendon, Donaldson or even Arenado if we had this kind of flexibility. I am sure most will disagree with me on this.

 

Next two years stay in place salary wise. The 7-year, $190 million extension kicks in for 2022. It only bought out the option year.

[Fear The Chorizo]

$25 million to one guy in 2027 should not prevent the Brewers from fielding a competitive team and if it has they haven't done a better job of drafting and developing which they have to be better at than they've been historically anyway. Some years will probably not look great for any number of reasons but if there is a talent pipeline, which too often there hasn't been, this contract won't kill them.

 

The Brewers are paying $21M this season to an aging corner OF who they are platooning between 1st and corner OF positions, hoping to keep him healthy by limiting his ABs...that financial hardship occurs at the start of the same season where they just threw a huge extension to their current best player. This Yelich contract is by no means a financial backbreaker - in fact it's par for the course and a very similar situation to the Braun extension almost 10 seasons ago. Good for them to make it happen for a player who truly is a fan favorite!

[wallus]

Love Yelich the guy and player. While the full details of this have not come out yet, my immediate reaction was why do this if you are the Brewers? I was under the impression that we were generally maxed out for payroll this season. I have to assume that Yelich will get a very sizable salary increase this year.

 

Personally I would rather have given the money to Rendon, Donaldson or even Arenado if we had this kind of flexibility. I am sure most will disagree with me on this.

 

Next two years stay in place salary wise. The 7-year, $190 million extension kicks in for 2022. It only bought out the option year.

 

Very interesting. We must enjoy paying left fielders.

[SeaBass]

Braun had $18M paid over 10 years deferred on his deal (per Spotrac). If Yelich has something similar his salary should be more than manageable for the length of his deal.

[Fear The Chorizo]

Love Yelich the guy and player. While the full details of this have not come out yet, my immediate reaction was why do this if you are the Brewers? I was under the impression that we were generally maxed out for payroll this season. I have to assume that Yelich will get a very sizable salary increase this year.

 

Personally I would rather have given the money to Rendon, Donaldson or even Arenado if we had this kind of flexibility. I am sure most will disagree with me on this.

 

Next two years stay in place salary wise. The 7-year, $190 million extension kicks in for 2022. It only bought out the option year.

 

Very interesting. We must enjoy paying left fielders.

 

It's alot easier to pay left fielders when they're already in your organization and they have several years of existing contract left before they can test the open market. If Yelich got a contract in similar spots to the 3B you mentioned (either UFA, or with very little team control remaining in Arenado's case), we'd be talking $30M+ per season easily...so a price that would be highly unlikely for Milwaukee to afford without significantly harming payroll budgets for the rest of their team longterm.

[True Blue Brew Crew]

I don't even understand why people are worried about the tail end of the deal. In future dollars 24 million will even be less of an impediment in 2029 than it is now and it's not an insurmountable dollar figure in 2020.

 

In 2020, 24 million is a Ryan Braun and an Avisail Garcia. Come 2029, 24 million will buy 2-3 bench players. This is an absolute steal.

[Thurston Fluff]

1. Great news, speaks well of the franchise that they can do a contract like this. It shows the league they can and will do it too.

 

2. Good for Yelich, he wasn't going to go broke on his old contract but after 2 MVP worthy seasons he deserves much more than that, this has to be a weight off his shoulders.

 

3. I'm a tiny bit apprehensive, I was kind of in the camp that the Brewers should reap the value of his current contract and trade him when the time came for the future of the franchise. That said, I can't criticize it either and it is exciting. Yelich is exactly the type of player that this franchise should work to keep long term as the face of the future. Go Crew!

 

That's pretty much how I feel. If the goal is to remain competetive every year trading him in a couple years might have been a better move but who can argue with keeping someone like him throughout his prime?

[torts]

Can I say ffffffffffffffffff yeaaahhhhh!!!!

[Jopal78]

The Brewers brass is smart enough to to know they are not always going to be in the thick of it and there are probably some lean years on the horizon, which of course means the demand won’t be there to sell 2.8+ million tickets.

 

The team is also smart to recognize Yelich is a huge star and has intrinsic value to the team in terms of their brand and marketability. His extension isn’t just about dollars for him hitting in the line up but also the value of selling tickets to games, and gear and creating what is referred to in the business world as “goodwill”.

[KeithStone53151]

I was listening to Bill Michaels interview Stearns this morning, they talked for a few minutes about a question from a viewer about extending Yelich. That must have been an interesting one for Stearns to answer, knowing that news would break literally at any moment regarding the deal. There's a good chance there is video on the internet somewhere.

[wibadgers23]

Absolutely in shock over this one. Guess I’m safe to buy a Yelich jersey now!

[dlk9s]

 

 

 

[3and2Fastball]

So this takes him through his age 36 year, with an option for age 37

 

It’s a tremendous deal!