TODAY: The Diamondbacks officially announced the deal, which per the clubs announcement also includes a conditional club option for the 2032 season. According to , the conditional option is worth $3MM and triggers if Martinez has elbow surgery at any point in the deal or spends a certain number of days on the injured list. March 21: Right-hander and the Diamondbacks have reportedly agreed to a contract extension, pending a physical. The deal will pay him $18MM over five years, with a couple of club options as well. Hell get a $2MM signing bonus and a $1.5MM salary this year. Hell then make salaries of $2MM, $3MM, $4MM and $5.5MM in the remaining guaranteed years. The 2030 club option is valued at $7MM followed by a $9MM option for 2031. It can max out at $39MM via escalators and those options. The guaranteed portion of the deal covers his remaining pre-arbitration and arbitration seasons, while the options give the Diamondbacks two potential extra years of control. Martnez, 23, has a limited major league track record but has impre sed in that time. He had a rough debut in 2023, allowing 14 earned runs in a small sample of ten innings. But he firmly established himself last year. He to sed 72 2/3 innings over 64 Trey Burke Jersey appearances for the DBacks, allowing just 2.48 earned runs per nine innings. His 11.7% walk rate was definitely on the high side but he struck out 29.5% of batters faced and got grounders on 58.9% of balls in play. He accomplished all that with an impre sive arsenal, turning his into a sea of red. His four-seam fastball and sinker both averaged over 100 miles per hour with Martnez also mixing in a splitter and a slider. He earned seven holds and eight saves last year, cementing himself as a key leverage arm for the Snakes. Given that eye-popping performance, its understandable that the Snakes would look to lock him up. Its also easy to see why Martnez might prefer to lock up some life-changing money now. He had just converted from the outfield to the mound in 2018 prior to being signed as an amateur out of the Dominican Republic. He got a $50K bonus, relatively modest compared to some of the multi-million-dollar bonuses high-profile prospects get. He has struggled with control problems throughout his minor league career and also had Tommy John surgery in 2021. While Martnez is surely confident in his obvious talents, his trajectory has been more rocky than many other young players. That perhaps made him le s likely to bet on himself than a player who already had millions in the bank and a smooth ride to the majors. The deal is roughly in line with previous pacts for pre-arbitration relievers, as shown on . got $20MM over five years from the Guardians going into the 2022 season. Clase then had between one and two years of service time, as Martnez does now. In both cases, the player locked up guaranteed money for their pre-arb and arb years, while giving up two free agent seasons via options. The Clase deal is tops for a reliever in this service bracket with Martnez coming in just below him. Clase is an apt comparison for Martnez and a good illustration of what the Diamondbacks are hoping for. Clase was clearly a talented pitcher but had some uncertainty after mi sing the 2020 season due to a PED suspension. He pitched his first full season in 2021 and posted a 1.29 ERA over 71 appearances. The Guardians banked on Clase repeating that kind of performance going forward, a bet that has paid off. Clase has emerged as one of the best closers in baseball with a 1.72 ERA over the first three years of that deal. The bar doesnt need to be that high for Martnez. Even by the end of the deal, his salary stays fairly modest. Decent setup pitchers like , and signed deals with salaries in the $7-8MM range this winter. That means Martnez will be a bargain even if hes producing in the realm of those guys. But clearly, the ceiling is quite high and the Diamondbacks are hoping Martnez is a key part of the bullpen for years to come. What remains to be seen is how Martnez will be utilized in the short term. Manager Torey Lovullo said this week, in video relayed by , that he would likely not name a strict closer. He has two key lefties in and , as well as righties Martnez and . Based on Lovullos comments, he seems likely to put his pitchers in optimal platoon settings, at least until a more clear hierarchy emerges. first reported the details in Spanish, relaying the $18MM guarantee over five years and the club options valued at $7MM and $9MM. later reported the same details in English. reported the specific annual salaries. Photos courtesy of Rob Schumacher, Imagn Images. Delon Wright Jersey