Rumors: Yankees offered Martin 3-years, $20 million

There has been talk this week of a possible three year extension between the Yankees and catcher Russell Martin, but while the sides have revived talks this week, they do not appear to be close to a deal though.

Martin will earn $7.5 million this season with another $100K in possible incentives. The Yankees want to scrap that deal and are looking to sign him to an extension in the three-year $20 million range, according to Jon Heyman of CBS Sports.

Heyman also said that Martin is seeking a raise though and from what Martin’s agent told Mark Feinsand and John Harper of the NY Daily News, it doesn’t sound like they are in a rush to sign a deal they don’t like.

“It’s too early to say if we’ll be able to do something,” Martin’s agent Matt Colleran told the Daily News. “What they want to do is not something we want to do, and what we want to do is not something they want to do. But we’ll continue talking.”

“It’s not like Russell is two years away from being a free agent,” Colleran said. “He’s six months away, and considering the shape he’s in, we don’t have a problem playing out the season.”

If Martin and the Yankees don’t reach an agreement before next off season, he will become a free agent. He could probably find a decent offer on the open market too being that he will be one of the better catchers available along with Miguel Montero.

The Yankees are attempting to get payroll under $189 million before the 2014 season so they may take a hard line with Martin in negotiations. Or they could front load the contract.

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6 Responses to Rumors: Yankees offered Martin 3-years, $20 million

  1. hotdog says:

    I like Martin…he knows the pitchers well and I believe he was a factor in making Nova a better pitcher as well as having some success with Colon and Garcia…not saying he was the main reason but it helps a lot! communication between pitchers and catchers is a key…

  2. hotdog says:

    and I like the idea of an extension…he's in his prime and if Sanchez keeps developing, he could become a solid major league ballplayer ready to take over the catchers position…

  3. Kev says:

    I think 3 years for $20 mil is pretty generous ! I believe the Yanks are trying to buy time to better groom Gary Sanchez !

    • encogerse de hombros says:

      3 years for $20 million is not generous, since Martin is making $7.5 this year. Why would he accept a lower AAV? He's smart to decline that iffer, if that's what it was.

  4. Shavager says:

    A compromise of $21 million for the 3 years gives him an average of $7 million a season, Yankees should throw in some incentives to increase the potential and maybe Martin will sign–he's definitely worth the money, is staying put with Yanks worth it to him? Not sure they have a player ready to replace him with the experience and bat he has, no guarantee that Romine or Sanchez can replace the intangibles Martin provides at this time in their careers.

    • He's not going to take a paycut. Three years at what he's currently making would be $22.5 million. And he's going to want a raise so minimum, and I'm talking absolute minimum where the Yankees are getting a deal would be $24 million.