Phillies

Why J.T. Realmuto’s contract extension with the Phillies might take some time

Why J.T. Realmuto’s contract extension with the Phillies might take some time

SCOTTSDALE, Arizona — The Phillies went into this offseason prioritizing a contract extension for All-Star catcher J.T. Realmuto.

Even as the Phils pursue pitching and possibly a third baseman, they are quietly trying to hammer out that extension, according to multiples sources. 

But the extension might not come before the New Year. It might not even come before the opening of spring training.

Don’t panic. Realmuto solidified his status as the top catcher in baseball by winning the Gold Glove and Silver Slugger awards in 2019. The Phillies very much want to prevent him from becoming a free agent after next season and Realmuto, for months, has professed his affection for the Phillies and Philadelphia as well as his desire to stick around.

“Everything I’ve experienced in Philadelphia has been awesome so I wouldn’t be opposed to spending the rest of my career there,” he said in July. 

In order to preserve some payroll flexibility for the 2020 season, it is possible that the Phillies could sign Realmuto to a one-year contract this winter — he projects to make about $10.5 million in his final arbitration year — then subsequently finalize a separate multi-year extension that would kick in at the start of the 2021 season. The extension could be finalized and announced later this offseason or even in spring training.

Realmuto, who turns 29 in March, is projected to get an extension of four or five years with an average annual value of $20 million or more. By starting the extension in 2021, the AAV of Realmuto’s deal would not count toward the 2020 payroll and thus affect luxury-tax calculations. For tax purposes, the Phillies currently have about $116 million committed to nine players for 2020. Even with Realmuto’s 2020 salary still to be determined and raises due to a number of other players, the Phils do not appear to be in jeopardy of reaching the $208 million tax threshold in 2020 and have the room to pursue top free agents. But pushing Realmuto’s extension back to 2021 would allow for even more room under the tax threshold and that could come in handy this winter or even at the July trade deadline.

After the 2020 season, the Phils will gain some payroll flexibility as Jake Arrieta’s $25 million AAV and David Robertson’s $11.5 million AAV come off the books just as Realmuto’s extension would kick in.

The Phillies have never exceeded the tax threshold. Teams exceeding it for the first time pay 20 percent on every dollar they go over. Last month, owner John Middleton offered his thoughts about exceeding the tax threshold.

“I’m not going to go over the luxury tax so we have a better chance to be the second wild-card team,” Middleton said. “That’s not going to happen. I think you go over the luxury tax when you’re fighting for the World Series. If you have to sign Cliff Lee and that puts you over the tax, you do it. If you have to trade for Roy Halladay and sign him to an extension and that puts you over the tax, you do it. But you don’t do it for a little gain.”

Other than expressing a desire to extend the relationship, Phillies general manager Matt Klentak has steadfastly declined comment on the status of talks with Realmuto on a possible extension. Klentak continued that tack at this week’s GM meetings.

“We love J.T.,” Klentak said. “Every week, it seems like he’s winning a new award. What all of that is doing is confirming what a lot of us have felt for a long time. This guy is the real deal. He can do everything. At some point in this offseason, we will likely talk to him about trying to keep him in the fold beyond his control years and hopefully we’ll line up on something.”

Subscribe and rate At The Yard:
Apple Podcasts / Google Play / Spotify / Stitcher / Art19

More on the Phillies

Zack Wheeler's floor a huge boost for Phillies, but that ceiling ...

Zack Wheeler's floor a huge boost for Phillies, but that ceiling ...

For long stretches in each of the last two seasons, Zack Wheeler was every bit as effective as Aaron Nola.

Wheeler had four terrific months in 2018, posting a 2.52 ERA over his final 20 starts beginning on June 1.

In 2019, he found his groove right around midseason, pitching to a 3.04 ERA over his final 16 starts.

When you hear the phrase "untapped potential" in relation to Wheeler, this is what it means. It means that if he can pitch like this a bit more consistently — four good months instead of two — he can be a legitimate ace.

If he can't? Well then, if you trust his stuff and his results the last two years, you're getting no worse than a low-end No. 2 starter. Wheeler has made 60 starts the last two seasons with a 3.65 ERA, 1.19 WHIP, a strikeout per inning and less than a home run per nine.

Those numbers might not jump off the page, but they are impressive when you consider the surge in home runs in 2019 and especially so when considering his workload.

Wheeler is one of only 12 pitchers to reach 375 combined innings the last two seasons. The others are Jacob deGrom, Justin Verlander, Gerrit Cole, Max Scherzer, Zack Greinke, Aaron Nola, Patrick Corbin, Trevor Bauer, Jose Berrios, Miles Mikolas and Mike Leake.

In 2019, Wheeler made 18 quality starts (at least six innings with three earned runs or fewer). Nola also made 18. Zach Eflin had 14, Jake Arrieta had 10 and no other Phillie was in double-digits.

When Nola did not start a game for the Phillies in 2019, they received a quality start 31 percent of the time — less than once every three games.

Wheeler obviously helps with that. Think back to late last season when the Phillies could generate no momentum and had such a smaller chance to win when anyone was on the mound other than their ace. Wheeler changes that. He offers more of a chance for series wins, sweeps, actual winning streaks.

He also brings velocity, something the Phillies' rotation has sorely lacked for years. Wheeler's four-seam fastball averaged a career-best 96.7 mph last season, fourth-fastest in the majors behind Noah Syndergaard, Cole and deGrom.

The Phillies have never had a starting pitcher throw at least 100 innings in a season and average better than 95 mph with his fastball. Nick Pivetta and Vince Velasquez came the closest. Wheeler has done it comfortably in back-to-back seasons.

Velocity is not the only thing, especially these days when so many have it, but it is obviously still a major part of missing bats and getting outs. Because Wheeler has 3 or 4 mph more on his fastball than Nola, and because he can locate significantly better than Pivetta or Velasquez, he offers the Phillies' rotation a different, much-needed look.

This is not to say Wheeler comes without flaws or concerns. He hasn't yet ripped off a string of strong seasons. Two is a start and the Phillies are banking on it continuing.

He hasn't been a Top 10 Cy Young finisher, though he should have been in '18.

He's never reached 200 innings in a season, though some of that was because of caution the Mets exercised with him.

And Wheeler, despite the velo, has gone through plenty of multi-start stretches where he's been hit hard and doesn't miss many bats, in a way you don't see with the tippy-top guys like Scherzer and deGrom (which Wheeler is not).

He had three starts in a row like that last August and two straight in June.

But Wheeler is as capable of 7 innings, 1 run, 11 strikeouts as any pitcher in either league. When he's on, he can be so, so good. He went at least seven innings 15 times last season and allowed one or no runs in seven of them.

This one addition will not boost the Phillies to 90 wins, but it's the first giant step to another critical offseason.



Click here to download the MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Flyers, Sixers and Phillies games easily on your device.

More on the Phillies

At the Yard podcast: Reacting to the huge Zack Wheeler news

at_the_yard_fullscreen.jpg
NBCSP

At the Yard podcast: Reacting to the huge Zack Wheeler news

Ricky Bottalico and Corey Seidman react to the big news of the Phillies agreeing to a five-year deal with Zack Wheeler on the latest At The Yard podcast.

They also discuss the possibility of the Phillies signing Didi Gregorius, Cole Hamels heading to the Braves, and much more.

• Initial impressions of the signing
• What the guys like most about Wheeler
• Was this the right price?
• Bittersweet day with Hamels to Braves
• Phillies still need to add another good SP
• One Wheeler concern
• The market for Anthony Rendon



Click here to download the MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Flyers, Sixers and Phillies games easily on your device.

More on the Phillies