Braves sign Julio Teheran to six-year contract extension
The Braves have inked young Julio Teheran to a six-year contract extension with an option for a seventh year.
The Braves have right-hander Julio Teheran to a six-year contract extension, the team announced. The deal includes an option for a seventh year. The total guarantee is $32.4 million, Jon Heyman of CBSSports.com has confirmed. The option is worth $12 million with a $1 million buyout.
Teheran, who turned 23 late last month, went 14-8 with a 3.20 ERA (121 ERA+) in 185 2/3 innings last season, his first full year in the big leagues. That performance earned him a fifth place finish in the NL Rookie of the Year voting.
Teheran would not have been eligible for free agency until after the 2018 season, so Atlanta locked him up very early. The new deal buys out his five remaining years of team control and one free agency year with an option for one more.
Contracts signed by Ricky Romero (five years, $30.1 million) and Madison Bumgarner (five years, $35 million) in recent years may have been used as framework for Teheran's deal. Both guys signed their contracts when they were still five years away from free agency as well.
The Braves signed both Jason Heyward (two years, $13.3 million) and Freddie Freeman (eight years, $135 million) to extensions in recent weeks as they look to not only lock up their young core, but gain cost certainty in the future. Closer Craig Kimbrel and shortstop Andrelton Simmons could be next in line.
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