It looks like the Astros will be extending one of their players after all, as FanSided’s Robert Murray reports that the club has come to terms with closer Ryan Pressly on a two-year extension, with the possibility of it ultimately being a three-year pact:
Reliever Ryan Pressly and the Houston Astros are in agreement on a two-year, $30 million contract extension, according to sources familiar with the situation. There is a 2025 vesting option that can make the deal worth up to $42 million.— Robert Murray (@ByRobertMurray) April 6, 2022
As Murray notes in a subsequent tweet, the $15 million AAV makes Pressly one of the top five highest paid relievers in baseball.
After occupying the fireman role in Houston’s bullpen in 2018 and 2019, the All-Star reliever became the Astros’ closer in 2020 and has accumulated 38 saves in 44 opportunities since, including a 26-of-28 conversion ratio in 2021, when Pressly was selected to the All-Star team for the second time in his career. He sported a 2.25 ERA across 64 innings last season and finished the campaign with a career-best 2.4 fWAR. During the postseason, he allowed only 1 run in 9 2⁄3 innings, striking out 14 batters while walking just 2.
2022 will be Pressly’s age-33 season, and based on how dominant he was in 2021 — with his usual mid-90s velocity still intact — this figures to be a good deal for both sides. Few relievers have as well-rounded a profile in terms of strikeouts, walks and ground balls. His xERA was in the top 3 percent in baseball.
Because Pressly’s new contract will not go into effect until 2023, the Astros still remain roughly $32 million below the CBT threshold for 2022, per FanGraphs’ RosterResource.