Fish On First: A Miami Marlins podcast · Foul Territory Network

Fish Unfiltered | 'Ceased' Marlins Extension Talks, Fishy Free Agent Rumors

November 26, 2025·34 min·3 clips
The Marlins and Kyle Stowers had extension talks, but they were $50 million apart on a potential deal.
The hosts discuss recent Miami Marlins offseason developments, including contract extension talks with Kyle Stowers that fell apart due to a $50 million gap, surprising tender decisions for players like Andrew Nardi, and rumors about pursuing free agents such as Michael King and relievers like Ryan Helsley. They also preview the upcoming winter meetings in Orlando and analyze bullpen targets and trade possibilities.

As heard by us

A valuation-first Stowers extension discussion built around Carpenter, Sandy, and Butler comps.

Stowers' extension is treated as a valuation problem, with service time, breakout timing, and the value of a club option doing most of the work. The Carpenter deal gives the cleanest anchor: six years, $52 million, plus the club option structure that both sides can map onto.

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Why you'd press play

You want the math behind a breakout-hitter extension before the speculation hardens.

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