Padres agree to five-year, $100 million contract extension with Joe Musgrove.

The San Diego Padres and All-Star right-hander Joe Musgrove have agreed to a five-year, $100 million contract extension. CBS Sports HQ’s Jim Bowden reports. Musgrove grew up in San Diego and became the franchise’s first no-hitter in April 2021. He was originally scheduled to become a free agent this offseason.

Musgrove, at age 29, was recently selected to the All-Star Game for the first time in his career. He did so with a strong 16-start effort in the first half that saw him post a 2.42 ERA (157 ERA+) and a 4.43 strikeout-to-walk ratio in 104 innings. He is on pace to set a new career best in ERA+ for the third straight season.

The Padres originally acquired Musgrove as part of a three-team trade in January 2021. The Padres sent starter Joey Lucchesi to the New York Mets, along with pitchers David Badner, Omar Cruz and Drake Fellows, plus outfielder Hudson Head. Pittsburgh Pirates. (The Mets also dealt utility player Andy Rodriguez to the Pirates.)

“We’ve been working on this thing for a while. We’re certainly as close as we’ve been throughout the process, but I wouldn’t say it’s done.” Musgrove told The Associated Press last Friday. “It’s been relatively easy. It’s been exhausting. I’ll continue to do stuff on it. It’s a little tiring talking about it all the time, but I’m excited about the whole thing. I love myself. Put me in a better position. If a deal comes along, even better.”

The Padres previously tried to extend Musgrove back in May. After reportedly offering him an eight-year contract worth around $90 million, he was turned down. Those terms seemed unpalatable to Musgrove even then. After all, the Toronto Blue Jays signed Jose Berrios to seven years and $131 million in November.

The five-year, $100 million extension is in the same neighborhood that Kevin Gassman (five years, $110 million) and AL Cy Young winner Robbie Ray (five years, $115 million) signed this past offseason.

Musgrove is a big loss to this winter’s free agent crop. The starting pitching class is still expected to stand out. Jacob de Groom (opted out), Clayton Kershaw, Nathan Eovaldi, Noah Syndergaard and Jameson Taillon, however, provide plenty of experienced options for teams to set up.