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Pirates agree to four-year deal with Felipe Rivero

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MLB: Pittsburgh Pirates at Washington Nationals Geoff Burke-USA TODAY Sports

According to Ken Rosenthal, the Pirates and closer Felipe Rivero have agreed to a four-year deal with two club options.

The deal would cover Rivero’s four arbitration years — he’s a super two — with the two options potentially buying out his first two free agency years. Given the way closer salaries have gone off the deep end, $10M/yr could be very cheap by then, assuming Rivero is the rare reliever who stays good over the long term.

The Pirates are reputed to be a file-and-trial team, which means that once figures are exchanged, they don’t negotiate. Multi-year extensions, though, are apparently considered an exception to file-and-trial.

UPDATE: Here’s the breakdown:

It’s not too surprising that Rivero would be willing to sign an extension. This provides him with a good deal of security, which probably means a lot to an athlete coming from the very troubled environs of Venezuela.