What’s Behind MLB’s Bizarre Spike In Contract Extensions?

On Feb. 13, 25-year-old ace Aaron Nola agreed to a four-year contract extension with the Phillies. A day later, 26-year-old Max Kepler and 25-year-old Jorge Polanco agreed to five-year extensions with the Twins. The following day, Yankees ace Luis Severino, who turned 25 a few days later, signed a pact with the Yankees. The deals marked the beginning of a historic spree of extensions.

From mid-February through Thursday, 27 players had agreed to extensions worth a total of 132 years and...

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