The Houston Astros are usually on the wrong side of history when it comes to firsts and their recent actions could be a move we remember for a very long time. The Astros have become the first team to sign a player to an extension without a single major league appearance.
The Houston Astros signed Jon Singleton to a five-year contract worth $10 million with three club options. If Singleton has all his options exercised and he hits all of his incentives the contract will be worth up to $35 million.
Jeff Passan of Yahoo Sports Major League Baseball was the first to break the historic story that could be trouble for other players in the future.
Source: Astros, minor league 1B Jon Singleton agree on historic long-term deal. $10M guaranteed, up to $35M. News coming on Yahoo Sports.
— Jeff Passan (@JeffPassan) June 2, 2014
Jon Singleton deal covers five guaranteed seasons and includes three club options for the Astros. He will be called up immediately from AAA. — Jeff Passan (@JeffPassan) June 2, 2014
Singleton is first player with zero ML service time to sign such an extension. Astros have tried with other players. This time, it worked. — Jeff Passan (@JeffPassan) June 2, 2014
The Astros have tied up Singleton to a contract that will take him to the age of 30 if he pans out. This is a gamble for the Astros, but it also give them plenty of leverage on the event that Singleton is a bust. In a league dominated by the heavy spending teams, you can’t knock the Astros for trying to tie down the talent they believe is the future of the franchise.
This move could be the first of many as low budget teams look to compete in a time where baseball’s salary cap is no where in sight.
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