Cardinals rumors: St. Louis can afford extending Adam Wainwright

The St. Louis Cardinals have the payroll flexibility to afford signing Adam Wainwright to a contract extension, according to Bernie Miklasz of The St. Louis Post-Dispatch. They’ll now have to decide if extending Wainwright is the correct move to make.

The Cardinals – like all 30 MLB teams – will receive a chunk of the revenue from the new national TV deal that kicks in next season. They’ve also kept a close eye on their spending recently and have a strong minor league system, affording them the ability to offer calculated high-salary deals in the next few years.

The only thing left for the Cardinals to decide is if Wainwright warrants an extension, something that Miklasz believes will cost St. Louis a five-year commitment of $20 million-plus per season.

Time to make this decision is running out, as Wainwright is entering the final year of his current contract. The right-hander is set to make $12 million in 2013.

Wainwright maintained an ERA of 3.94 with a strikeout-to-walk ratio of 3.54 last season. He owns a career ERA of 3.15 and maintained a mark of 2.53 from 2009-10.

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