Padres Likely To Explore Extension Talks With Josh Hader, Juan Soto This Spring

The Padres achieved their top priority of the spring over the weekend, agreeing to an 11-year, $350MM deal with Manny Machado to keep him from retesting the free agent market next offseason. That came on the heels of a summer deal for Joe Musgrove and a recent extension with Yu Darvish.

Even after that series of transactions, the Friars have a handful of key players slated to hit the open market within the next two years. Last summer’s marquee deadline acquisitions — Josh Hader and Juan Soto — are both deep into their arbitration seasons. Jon Heyman of the New York Post writes that San Diego is likely to soon be in contact with both players’ camps to discuss possible extension frameworks. Dennis Lin of the Athletic similarly wrote this week the Friars were likely to take a run at extension talks with Soto.

There hasn’t been as much speculation regarding possible Hader negotiations. It’s not a surprise that president of baseball operations A.J. Preller and his front office plan to at least check in with the four-time All-Star, though. Hader is one season away from the open market and joins Blake Snell as the top impending free agents on the San Diego roster.

29 next month, Hader has a chance of securing a record-setting deal for a reliever. He owns a sterling 2.71 ERA with an eye-popping 43.2% strikeout rate over parts of six big league campaigns. No pitcher (minimum 200 innings) has punched out hitters at a higher rate since Hader came into the league. He’s three percentage points clear of second-place finisher Edwin Díaz. Hader also leads the league in SIERA (2.13) and swinging strike percentage (19.2%) over that stretch.

Díaz is second in both those categories as well. The Mets’ closer became the first reliever in league history to top the hundred million dollar mark this offseason, returning to Queens on a five-year, $102MM pact days before free agency opened. Díaz signed that deal in advance of his age-29 campaign and coming off one of the most dominant seasons by a closer in recent memory. He fanned more than half his opponents en route to a 1.31 ERA in 62 innings.

Hader, on the other hand, is coming off arguably the worst season of his career. He allowed more than five earned runs per nine, including a disappointing 7.31 mark in 19 appearances after the Padres acquired him from Milwaukee. Hader was a bit homer-prone early in the season with the Brewers. While he got that under control in San Diego, his walk rate jumped a few percentage points towards year’s end.

Despite that wobbly conclusion, Hader still enters extension negotiations with strong leverage. He’ll play the upcoming season on a hefty $14.1MM contract after avoiding arbitration. The lanky southpaw remains one of the sport’s highest-upside relief weapons. Even in his relative down year, Hader finished sixth among relievers who threw 50+ innings with a 37% strikeout rate. He placed 18th in swinging strike rate and averaged a…