The Atlanta Braves agreed to a six-year extension with right-hander Julio Teheran on Friday. The deal runs through 2019 season and includes an option for 2020.
According to Ken Rosenthal of Fox Sports, Teheran will make $32.4 million over the first six years, while Jon Heyman of CBS Sports reports the option for 2020 is worth $12 million and includes a $1 million buyout.
“We are excited to sign Julio to a long-term contract,” Braves General Manager Frank Wren said in the team release. “He is one of the best young pitchers in the National League and one of our core of players we expect to be together for a number of years.”
Teheran, 23, who had long been viewed as one of the premier pitching prospects in the game, enjoyed a stellar 2013 season in which he went 14-8 with a 3.20 ERA in 30 starts. He struck out 170 hitters while walking just 45 in 185.2 innings and finished fifth in the NL Rookie of the Year balloting.
Prior to reaching agreement on this extension, Teheran was slated to become a free agent following the 2018 season. It pays him an average $5.4 million over the first six seasons and allows the Braves to buy out the first two years of Teheran’s free agency if the option is exercised.
Atlanta signed the 16-year-old out of Columbia for $850,000 in the summer of 2007. Even at a young age, Teheran already flashed the tools that would make him so effective, commanding the zone with his fastball, curveball and changeup combination.
This is the third multi-year deal Wren has brokered this month, all aimed at keeping the core of the team together as the team move into its new home in Cobb County for the 2017 season. Atlanta signed Freddie Freeman to an eight-year, $135 million and outfielder Jason Heyward to a two-year pact worth $13.3 million last week.
Grant McAuley covers the Braves for Sports Radio 92.9 The Game. You can follow Grant on Twitter.