Three underrated extension candidates for the Pittsburgh Pirates

Many Pittsburgh Pirates fans are likely anticipating another core piece of the team to get an extension within the next year or so. Since 2022, they've signed Ke'Bryan Hayes, Bryan Reynolds, and Mitch Keller to long-term deals. Both Hayes' and Reynolds' deals broke what was at the time the highest paid contract in the franchise's history, the latter being the first $100+ million contract the Pirates ever signed. One of Oneil Cruz Paul Skenes, Jared Jones, David Bednar, or even one of the other top prospects in the system could be next.

But the Pirates have some other players on their roster who they could definitely benefit from extending. These players are not prime extension candidates, but have been productive players for the Bucs and signing them now could very much help this team in the long run.

Ryan Borucki

The Pirates signed Ryan Borucki to a minor league deal in May 2023. Borucki was originally a promising young starter for the Toronto Blue Jays in 2018, but injuries derailed his next few seasons, as he pitched only 72.1 innings from 2019 through 2022. The low-cost flier on Borucki ended up being one of the best minor league pick-ups not just by the Pirates but by most teams in baseball last year.

Borucki pitched 40.1 innings with the Pirates, working to a 2.45 ERA, 3.35 FIP, and 0.74 WHIP. The southpaw's 21.7% strikeout rate was slightly below the league average, but that's about the only negative toward Borucki's first season in Pittsburgh. He had just a 2.6% walk rate and held opponents to a .181 batting average. Borucki was great at limiting home runs with an 0.89 HR/9 rate and didn't allow a single long ball in his final 17 frames of the season.

Borucki was great at inducing soft contact with an exit velocity and hard-hit rate of just 85.7 MPH and 28.8%. He was also good at inducing ground balls with a 46.8% GB%, which helped him post a robust 6.3% barrel rate. Borucki eventually worked himself into higher leverage situations by September and is set to play a prominent role in the Pirates' bullpen this year.

2024 is the last year of Borucki's contract, so it would make sense for the Pirates to try and get a deal done mid-season. He's a good left-handed reliever, and that's something you don't find easily. Borucki just turned 30 on Sunday, March 31st. I think a two-year deal with a third-year option would get the job done. Borucki might not be the first extension candidate you think of on the Pirates, but I'd love to see Borucki stick around for a few more years.

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Edward Olivares

One of the biggest new additions the Pirates made from this past off-season was acquiring Edward Olivares from the Kansas City Royals. The Pirates acquired Olivares for next to nothing, as the only thing they had to surrender was Devivis Nadal, a minor league utility man who struck out about a third of the time at A-Ball. Olivares, meanwhile, has had two very solid seasons with the bat in 2022 and 2023, flying under the radar, and could make even more strides in 2024 with the Bucs.

Last year, Olivares batted .263/.317/.452 with a .329 wOBA, and 105 wRC+ through 385 plate appearances. The outfielder provided the Royals' line-up with some pop, going yard a dozen times with an above average .185 isolated slugging percentage. He is also not prone to striking out with just a 16.6% K% and 22.9% whiff rate. However, he also isn't prone to drawing walks either. He posted an identical 5.7% walk rate in both 2022 and 2023. 

Olivares was outstanding in the second half of the year. After a slow first half, Olivares ended the year, batting .299/.355/.528 with a .376 wOBA and 138 wRC+ through his final 138 plate appearances of the year. He still kept his strikeouts to a minimum with a 15.9% K% but was walking slightly more frequently at a 6.5% clip. Olivares had six home runs and 11 doubles, leading to a .223 isolated slugging percentage. 

Olivares struggled defensively with Kansas City, having -11 defensive runs saved and -7 outs above average. But there are some reasons to believe he could improve in 2024. The first is that he has good speed. Olivares was in the 83rd percentile of sprint speed last year at 28.6 feet/second. The second is that he has a powerful arm. Olivares' throws from the outfield averaged 91.4 MPH. Only 40 players' throws averaged 91+ MPH last season. Lastly, he's going from the cavernous Kauffman Stadium, which has some of the deepest dimensions among all MLB parks, to PNC Park. That's not to say that PNC doesn't have its deep points, but it's smaller compared to Kauffman.

The Pirates have control of Olivares until 2026 if they so choose.

His first free agent year will be 2027, whether that be with the Pirates or someone else. Olivares is currently only in his age-28 season, meaning he'll only be 31 when he hits free agency. I think now would be a good time to extend Olivares. He's still fairly young and has many positives right now. Of course, that's also a reason for Olivares to wait it out. But there are enough positives for the Pirates to pursue a possible extension with Olivares over the next year. An extension to buy out his arbitration years, plus two or three seasons into free agency, would lock down Olivares for a decent amount of time.