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Record extension for Jays' Romero

Posted on: August 14, 2010 4:14 pm
Edited on: August 14, 2010 4:15 pm
Ricky Romero
Ricky Romero isn't even eligible for arbitration until 2012, but the Blue Jays aren't taking any chances with the promising left-hander, laying out some serious money to make sure they control his cost for the next five years.

Ken Rosenthal of FOX Sports reports via Twitter that Toronto has signed Romero to a five-year, $30.1 million extension, the largest guaranteed contract ever for a player with less than two years of major-league service. The deal buys out all his arbitration-eligible years and runs through 2015.

Romero, 25, the sixth overall pick in the 2005 draft out of Cal State Fullerton, has been terrific in his first two major-league seasons. He was a 13-game winner in 2009 and is 9-7 with a 3.53 ERA this season. He's averaging 7.8 strikeouts per nine innings.

Romero has a four-pitch repertoire with increasingly good command and is considered smart, composed and focused. He got hung up in the minors for longer than expected, leading some to wonder whether the Jays had overreached for him at No. 6 (especially since Troy Tulowitzki was taken seventh). But he has clearly figured it out, and projects as a potential No. 1 or 2 for years to come.

The big extension is a gamble for the Jays, a potential disaster if he gets hurt or doesn't live up to his early promise. But by overpaying for him right now, they could save a ton of money in the long run if he turns into a $12-15 million ace in his arbitration years.

-- David Andriesen

For more baseball news, rumors and analysis, follow @cbssportsmlb on Twitter.

Since: Dec 2, 2011
Posted on: December 13, 2011 1:41 pm
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Since: Dec 2, 2011
Posted on: December 12, 2011 3:36 am

Record extension for Jays' Romero

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Since: Feb 11, 2008
Posted on: August 14, 2010 6:16 pm

Record extension for Jays' Romero

Hear that? That was Alex Anthopolous putting his stamp on the team. Sure JP Riccardi may have drafted him, but Alex was the guy that made the smart move to lock him up long term, at what could turn out to be a bargain price.

For Blue Jays fans, this has got to come as a positive sign. The future looks bright in Toronto, with a solid rotation that includes, Ricky Romero, Shaun Marcum at the top and rounded out by Brandon Morrow, Brett Cecil and Jesse Litsch/Kyle Drabek/Brad Mills/Marc Rzepczynski.

If the Jays opt not to resign, John Buck, Kevin Gregg, Scott Downs and Jason Frasor the Jays could be line to add as many as 6 young prospects  from the first /supplementary rounds to the farm system. Don't look now, but that Jays may have discovered the proper way to rebuild a franchise.

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