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Jose Altuve signs 5-year extension

Discussion in 'Houston Astros' started by J.R., Feb 6, 2024.

  1. Madmanmetz

    Madmanmetz Member

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    There will be statues built. Congratulations Jose now go get another championship.
     
  2. juicystream

    juicystream Contributing Member

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    You never know for sure, but $25M/year is a good number, IMO. We have zero idea how he'll age. He's one of the most unique players of all time, and at this point I'm not betting against him. I'm hoping to see 3k hits and 30 postseason HRs by the end of this deal.
     
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  3. HatsForBats

    HatsForBats Member

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    It's good.
     
  4. Marshall Bryant

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    This will not affect the 2024 luxury tax since it is entirely an extension for 2025-2029 with an AAV of $25M/Yr. If he had rolled in his 2024 season, the luxury tax for this season would have been recalculated to cover all six seasons.
     
    GOATuve and juicystream like this.
  5. dc rock

    dc rock Contributing Member

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  6. Snake Diggit

    Snake Diggit Member

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    I love it. I do wonder why it was front loaded. Doesn’t seem to make much sense to either side. Only benefit to that is lowering the AAV if he’s traded in the last 2 years of the deal. The only other way it makes sense is if Altuve isn’t sure he wants to play that long and wants that decision to be easier if he wants to walk away before the deal is up.

    .270/.350/.450 while remaining barely playable at 2B over 2025-2028 will be plenty to make this a fine value.
     
    #46 Snake Diggit, Feb 6, 2024
    Last edited: Feb 6, 2024
    red5rocket and astros123 like this.
  7. IdStrosfan

    IdStrosfan Member

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    159 hits per year = 3001

    1 HR per postseason = 33
     
    juicystream likes this.
  8. Jeremy Williams

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    It doesn’t take effect until 2025.
     
  9. prs325

    prs325 Member

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    Love it
    Let’s get it on with Tucker
     
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  10. vince

    vince Member

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    Such a great move. Altuve epitomized what this Astros team was all about. It’s right he gets to be the one to stay!
     
  11. zeeshan2

    zeeshan2 Member

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  12. Yordan The Great

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    1 down, 2 to go

    Is it Bregman or Tucker next?

    My guess is we eventually sign Tucker but Bregman walks.

    The number on Bregman is in the 9 yr/270 million area. Hard pass.
     
    raining threes likes this.
  13. BlindHog

    BlindHog Member

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    Glad to see this got done. Also glad Crane stuck to his 5 year limit. A little concern about two players restricted to playing DH when Altuve and Alvarez near the end of their contracts. Perfectly willing to ignore that for a few years.
     
  14. sealclubber1016

    Supporting Member

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    I see it as a hedge that we may in fact have to take a competitive step back in a few years. Lowers the cap hit for the next few years when we will be for sure worried about the cap, raises the cap hit but lowers the raw dollar amount for when we may be in a rebuild and less concerned with the cap, but will be a little concerned with the overall bottom line.

    Also from a business perspective it increases Altuve's earning potential by getting the money a little sooner. Not sure if it played into it, but it does.
     
  15. red5rocket

    red5rocket Member
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    [​IMG]
     
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  16. Marshall Bryant

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    Cap goes from $23.3M to $25M for Altuve, but is proportional to the cap % increase from 24 to 25 and freezes for the remaining 4 years which is a gradual reduction of Cap % as the cap rises.

    Cash flow is totally different and the cap Might be weighted toward the front end if the signing bonus isn't averaged in over the full 5 years.

    There are many rules and changes to rules which make it speculative if you don't have access to the MLB Agreement with the Player's union regarding allocations of cash and cap. This can cause what appear to be discrepancies in reporting to simply differences in allocations and book-keeping. The most difficult is accounting for deferred salary.
     
    #56 Marshall Bryant, Feb 7, 2024
    Last edited: Feb 7, 2024
    joshuaao, 13 in 33 and Landry's Tooth like this.
  17. rocketsjudoka

    rocketsjudoka Contributing Member
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    Very well deserved and it’s great to see the team show loyalty to Altuve and the fan base. Someday we’ll see Altuve going to cooperstown in Astros hat joining the other Astros lifers Biggio and Bagwell.
     
  18. juicystream

    juicystream Contributing Member

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    Just have to stay healthy and the team good.
     
  19. Hey Now!

    Hey Now! Contributing Member

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    I championed the Astros trading him ~2014 - I could not see a way in which what he was doing was sustainable. I also feared 2020 was the beginning of the end - MLB is LITTERED with great 2B who just bottomed out around the time they hit 30. Like, it's shocking how often it has happened.

    I no longer question anything with him. He's an anomaly that makes no sense - but goodness gracious, is he incredible.
     
  20. ima_drummer2k

    ima_drummer2k Contributing Member

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    The only math we need to be discussing is what the specs should be for his statue outside of MMP.

    Also, should he be:
    1. chewing his fingernails in the dugout
    2. hitting a high fastball
    3. adjusting his batting gloves between every pitch
    4. holding his shirt closed as he crosses home plate (just to troll the haters)
     
    raining threes, Bregatron and MadMax like this.

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