It is a big extension at 7 years $131 mil.
Via MLB Network’s Jon Heyman the Jays have signed a long term deal with Berrios. So one long term issue dealt with. Many more to go.
Details to be added as they are released. Early rumor was 7 years $140 mil. Ben Nicholson-Smith of Sportsnet reports that it is valued at $131MM, pending a physical. That works out to $18.714MM per year.
Hard to complain. $140 for 5 was more what I figured we'd be looking at next winter. I see the last 2 years as bonus. If healthy this is a great deal for the Jays. FanGraphs has him worth over $20 mil every full season of his career (4 seasons), 2020 he was on pace for it ($24 mil pace), leaving just 2016 when he was just a 22 year old rookie getting his feet wet (14 starts, ERA over 8). 2.7 to 4.4 fWAR a year (skipping rookie and 2020 2.97 pace). IMO this is an excellent signing. He may not win a Cy Young, but he is a very solid #2, sometimes #1 starter. So for the next 6 years Berrios and Manoah will be in the rotation. Who the other 3 will be we will see - Ryu for 2 more years fills one slot. Will Ray fill another?
https://www.battersbox.ca/article.php?story=20211116092306948