There is "no chance" that the Cleveland Indians offer starting pitcher Ubaldo Jimenez a multi-year extension, reports Paul Hoynes of the Cleveland Plain Dealer.
Indians will not offer Ubaldo Jimenez a multi-year extension
Cleveland does not have enough money to offer Jimenez a multi-year contract extension.
Jason Miller
Jimenez pitched well for the Indians last season, going 13-9 with a 3.30 ERA. He was dominant during the final half of the year, posting a 1.82 ERA with 100 strikeouts over 84 innings, helping the Indians win 92 games and earn the top AL Wild Card spot.
More Indians: 2013 in Review: Drew Stubbs
Cleveland, however, has no room in the budget to keep Jimenez. Tim Lincecum recently signed a 2-year, $35 million deal and Jimenez will be one of the top free agent starters available on the market.
The Indians may not extend Jimenez a qualifying offer, according to Hoynes. If Cleveland extends Jimenez a qualifying offer, and he declines the offer and signs somewhere else, the team will receive draft-pick compensation for the starter. Jimenez, however, could accept the qualifying offer, and Cleveland would have to pay him around $14 million in 2014.
More from SB Nation MLB:
See More:
