Ken Rosenthal is reporting that the Pittsburgh Pirates and closer Felipe Rivero have agreed on a four-year contract extension with two club options. Rosenthal believes the deal is for $22 M over the four years and each option is $10 M. As noted in the tweet below, this covers all four arbitration years for Rivero, plus two years of free agency.
Rivero and the Pirates couldn't agree to an arbitration deal on Friday before the deadline, with the Pirates offering $2.4 M and Rivero asking for $2.9 M. At that time, it was taking a long time for the news to come out about whether he filed for arbitration or not, so the speculation was that the two sides were discussing an extension. That is something that Rivero mentioned last month in an interview as well, so it appears that was true.
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John was born in Kearny, NJ, hometown of the 2B for the Pirates 1909 World Championship team, Dots Miller. In fact they have some of the same relatives in common, so it was only natural for him to become a lifelong Pirates fan. Before joining Pirates Prospects in July 2010, John had written numerous articles on the history of baseball while also releasing his own book and co-authoring another on the history of the game. He writes a weekly article on Pirates history for the site, has already interviewed many of the current minor leaguers with many more on the way and follows the foreign minor league teams very closely for the site. John also provides in person game reports of the West Virginia Power and Altoona Curve.