The Padres sign Joe Musgrove to a five-year, $100 million dollar extension:

He already has etched his name into franchise lore by throwing the first no-hitter in Padres history, in just his second start. Now he has a new $100 million, five-year contract that starts next year after it was finalized on Monday.

At one point this summer, it looked as if a deal wasn’t going to get done and that Musgrove might hit the free agent market. But talks intensified after Musgrove made his first career All-Star Game.

“It’s something both sides were very confident in,” Musgrove said. “I really got the feel that they wanted me here. I think everybody knew that I wanted to be here.”

ESPN.com

Musgrove stands 19-13 in fifty games with the Padres, owning a 2.97 ERA. He owns a high strikeout rate and a low walk rate, although that walk rate is somewhat deceiving as he hit twenty five batters. That ranks third in the majors in that time.

None free agents are now getting $20 million dollars a season. That’s pretty good.