What is impact of Cervelli deal on Pirates?

PITTSBURGH — The Pirates have locked up another core player, signing Francisco Cervelli to a three-year, $31 million contract extension on Tuesday. The energetic, popular catcher will remain in black and gold through the 2019 season.

It’s a big moment for Cervelli, postponing his free agency with a significant payday. It’s a big moment for the Pirates, locking up an elite (and affordable) catcher for the rest of the decade.

But these deals come with consequences and questions. Let’s look at the fallout from Tuesday’s announcement.

What does this mean for Elias Diaz and Reese McGuire? Diaz and McGuire are two of the Pirates’ top prospects, and they’re both catchers nearing the Majors. When he returns from elbow surgery, Diaz will play for Triple-A Indianapolis. McGuire is in Double-A.

Cervelli is locked up through 2019, and backup Chris Stewart is under club control through 2018. That gives McGuire more time to develop in the Minors. He’s only 21 years old, and his bat has lagged behind his outstanding defensive play.

Diaz drew trade interest over the offseason, so perhaps the Pirates could pursue a move. If not, it’s never bad to have depth options, especially at such an important position. Diaz is a very talented insurance policy in case Cervelli or Stewart gets hurt.

“You can never have enough good players,” general manager Neal Huntington said. “One of …

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