I thought Ben Markham at VEB made a pretty compelling case for an extension. It was up over the weekend:http://www.vivaelbirdos.com/2017/1/21/1 ... ier-molina
With adding in saved runs from framing, Yadi’s 2019 currently looks to be worth a little more than $20M. Worst case scenario, Yadi is a very expensive personal catching coach for Carson Kelly in 2019. That’s where I think the Cardinals and Yadi should find middle ground. The calculation above, plus the framing value, makes the case that Yadi is worth about $50M in 2018 and 2019. Again, that’s halving the framing value, and giving him nothing for the intangibles that the entire baseball world sees in Yadi. Discount that a little for the risk the Cardinals are taking a year earlier than they have to, and I like a deal at $44M over two years.
Things get trickier if Yadi’s side wants 2020 guaranteed. Even when factoring in framing value, he only projects to be worth a little north of $15M. Hey, everything has it’s price though. $54M over three years is far from ideal, but the above calculation implies he’s worth it. It would, however, require an understanding between Yadi and the team that he would have to take a backup/mentor role once that becomes what is best for the team.
Admittedly, some of it involves the very imprecise value from stuff like framing and fuzzy intangibles, but I think it's fair. In the very least, I think it's fair to say that the Cardinals have more advanced metrics on stuff like framing than even the best sites. So IF they're comfortable offering the extension incorporating framing value and the like into their evaluation, I'm ok trusting them on it.