So we now may have parameters for a McStixx contract extension.
The $75MM guarantee for Strider shatters any prior precedent for pitchers with such limited experience. Prior to this deal, the five-year, $35MM contract
Madison Bumgarner signed with the Giants more than a decade ago stood as the record extension for a pitcher with between one and two years of service time. (Strider is currently at 1.003 years.) This new contract not only finally topples that dated mark (in decisive fashion), it also surpasses the established extension records for pitchers with two to three years of service time (
Blake Snell’s five-year, $50MM deal) and even with three to four years of service (
Sandy Alcantara’s five-year, $56MM deal).
Because extensions, more so than free-agent contracts, draw heavily from recent comparables, the Strider deal in many ways paves the way for new precedent to be established in multiple service classes. That’s not to say every pitcher with between one and four years of service time will now require $75MM+ to sign an extension, of course; Strider’s case as a Rookie of the Year frontrunner and budding ace is far from the norm.