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Worst contract in baseball?
Posted 03 July 2012 - 10:46 AM
Posted 03 July 2012 - 10:54 PM
So much blathering about Joe Mauer, but . . . I forgot how ridiculous Ryan Zimmerman's contract is.
After getting paid $12 million this year, he gets $14 million per for the next six years and then $18 million at age 34 before the team option in 2020. Good lord. His OPS decline .101 from 2010-2011 and ANOTHER .130 drop this year. He is at .668 right now.
It looks like he is doing better recently -- "hits in seven of his last eight games with three homers, four doubles and 13 RBI" (per CBS Sportsline) But you make a good point about this potentially being a much worse contract than Mauer's. The same might be said about Pujols and the Angels.
Posted 04 July 2012 - 08:21 AM
Posted 04 July 2012 - 10:01 AM
See any $100 million contract other than CC Sabathia (although the odds of that turning out well for the length of the contract is not good).
Not every one. ARod earned his contract back in Texas. Not so much in New York, though. But we expect value until the end of a deal when, in fact, the peak value during a $100M contract could provide enough value to warrant the contract.
Posted 04 July 2012 - 11:12 AM
Player/contract dates/contract value/value provided:
Alex Rodriguez/2008-2017/275M/2008-2012 value: $88.2M
Alex Rodriguez/2001-2010/252M/2002-2010 value: $222.8M (7.8 WAR pre-2002, approximate value $23M)
Albert Pujols/2012-2021/240M/2012 value: $5.9M
Prince Fielder/2012-2020/214M/2012 value: $6.3M
Derek Jeter/2001-2010/189M/2002-2010 value: 157.9M (4.3 WAR pre-2002, approximate value 11.5M)
Joe Mauer/2011-2018/184M/2011-2012 value: $19.8M
Mark Teixeira/2009-2016/180M/2009-2012 value: $61.7M
CC Sabathia/2009-2015/161M/2009-2012 value: $94.3M
Manny Ramirez/2001-2008/160M/2002-2008 value: $97.5M (5.2 WAR pre-2002, approximate value 13.5M)
Troy Tulowitzki/2011-2020/157.75M/2011-2012 value: $35.5M
Adrian Gonzalez/2012-2018/154M/2012 value: $2.9M
Miguel Cabrera/2008-2015/152.3M/2008-2012 value: $106.9M
Todd Helton/2001-2011/151.5M/2002-2011 value: $132.1M (7.6 WAR pre-2002, approximate value $24M)
Carl Crawford/2011-2017/142M/2011-2012 value: $0.9M
Johan Santana/2008-2013/137.5M/2008-2012 value: $55.3M
Alfonso Soriano/2007-2014/136M/2007-2012 value: $75.1M
Vernon Wells/2008-2014/126M/2008-2012 value: $23.1M
Barry Zito/2007-2013/126M/2007-2012 value: $27.9M
Jayson Werth/2011-2017/126M/2011-2012 value: $14M
Mike Hampton/2001-2008/121M/2002-2008 value: $23.8M (2.9 WAR pre-2002, approximate value $8M)
Cliff Lee/2011-2016/120M/2011-2012 value: $40.2M
Jason Giambi/2002-2008/120M/2002-2008 value: $69.2M
Matt Holliday/2010-2016/120M/2010-2012 value: $63.5M
Carlos Beltran/2005-2011/119M/2005-2011 value: $133M
Ken Griffey, Jr./2000-2008/116.5M/2002-2008 value: $11.8M (7.7 WAR pre-2002, approximate value $22M)
Jose Reyes/2012-2017/106M/2012 value: $6.9M
Kevin Brown/1999-2005/105M/2002-2005 value: $31.1M (25.1 WAR pre-2002, approximate value $72M)
Carlos Lee/2007-2012/100M/2007-2012 value: $46.7M
Albert Pujols/2004-2010/100M/2004-2010 value: $230.8M
Nobody mentioned Griffey, but his is very bad as well.
Posted 04 July 2012 - 05:00 PM
Posted 04 July 2012 - 11:29 PM
Posted 05 July 2012 - 12:55 AM
For all the bad things you can say about Mauer's contract, at least when his contract runs out we're going to stop paying him. Thanks to the wonders of Deferred Payment, which I don't believe the Twins have ever used, guys like Bobby Bonilla will be making millions decades after their craptastic contracts technically run out.
Haha. Bobby Bo = brilliant
somehow. Deferred weirdness
Posted 05 July 2012 - 01:34 AM
Kevin Brown's contract was pretty gawdawful too, IIRC.
Mike Hampton's is currently the worst ever, achieving only 26.3% of his paid value. However, both Zito and Wells are well below that. Zito needs about 2 WAR between now and the end of 2013 in order to avoid being the worst ever.
Posted 05 July 2012 - 06:58 AM
Posted 05 July 2012 - 09:14 AM
Kevin Brown's contract was pretty gawdawful too, IIRC.
That's just it. It wasn't. So many people want high production through the entire deal that they remember Brown putting up seasons that were worth $1M at the end, but he actually produced just about equal value to his overall number mostly from his first 4 years of the contract. Basically, if CC's injury was significant enough that he coasted the rest of his contract as a 1-2 WAR pitcher, he'd have the same image, but he's earned $90M on a $160M deal in the first three years of the deal.
Posted 05 July 2012 - 09:15 AM
The Tigers are basically using the Phillies model. We're seeing this year how that looks when it hits the end, but what we don't know is how long it will take for that team to bottom out, rebuild, and recover with the long-term deals it has hanging over it.
Posted 05 July 2012 - 09:27 AM
What I just typed is probably an opinion, not a fact. I mean, I'm usually right, so you should maybe assume it is or will be a fact soon, but that's up to you.