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Stephen Strasburg Ties Felix Hernandez For 17th On The MLB’s ALL – Time Top 50 Contract List With Extension
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Chuck Booth (MLB Reports Majority Owner/Lead Analyst)
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Stephen Strasburg shocked he baseball world the other day – by inking a 7 year extension worth from $175 – $180 MIL. It ties him for 17th All – Time with Felix Hernandez to start with, but he can earn an additional $7 MIL with $1 MIL per year bonuses for reaching 180 IP.
The deal pays him $15 MIL annually from 2016 – 2023, and then the deferrals kick in from 2023 – 2030, in 7 installments of $10 MIL each.
Some will say his deal is worth more like $162 MIL in present day dollars, however we do not operate our top 50 contracts list like that. The deal is guaranteed at $175 MIL for now, and we will change it if bonuses are hit.
With this contract, the Nats have 4 current players that are on this ALL – Time List with Scherzer (10th), Strasburg (T 17th), Zimmerman (37th) and Werth (Tied 44th).
This signing is a great move to open a 3 year window for Washington, as they also have Bryce Harper under team control until after the 2018 season, however it also may seal the fate the of the young reigning NL MVP to move elsewhere for 2019.
Werth’s contract does end at the end of the 2017 year. but Zimmerman is still on the books until at least 2020.
It will be tough to come up with the dough necessary to drop a 11 – 13 years contract worth $35 – 40 MIL per annum when it comes to Harper.
Even with Scherzer’s and Strasburg’s deals both containing a ton of deferred money- all of them will still run simultaneously to Harper’s deal – even if they are not on the roster each after the 2023 season.
I think you couldn’t risk trying to outbid everyone for Harper’s services, yet to pay Strasburg market value makes sense.
This club could even save some payroll by trading Gio Gonzalez, as they have Joe Ross and Tanner Roark starting in the rotation for depth, and Lucas Giolito has not started his time service clock. Read the rest of this entry
Chris Davis (Tied For 20th) + Justin Upton (38th) Join The Top 50 All – Time Salary List
Losing Chris Davis and his 45+ HR power would have been very difficult to replace. The O’s have their man with a creative deferral payment plan that will see them pay Davis $119 MIL from 2016 – 2022, and then pay out $42 MIL over the next 15 years in deferrals. The $161 MIL has him tied for 19th ALL – Time in MLB Player Contracts with CC Sabathia. The Orioles slugger led the league with 47 HRs (2nd time in 3 years), and has clubbed 126 HRs (led all of the MLB) in the last 3 seasons despite being levied a 25 game suspension for his medication in Sept of 2014.
Chuck Booth (Owner/Lead Analyst) Follow @chuckbooth3024
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Chris Davis, 30 in 2016, and Justin Upton, 28, are now in the 9 figure club and among historical contracts of ALL – Time. Davis inked a 7 YR deal for $161 MIL – while Upton is at 6 Years for $132.75 (distributed evenly throughout.)
The Big 1B/OF for the O’s will make $119 MIL from 2016 – 2022 paid evenly by $17 MIL per year before the crazy deferral program kicks in. From 2023 – 2030, Davis will earn $3.5 per annum for another $31 MIL. The deal then goes from 2031 – 2037 at a 1.4 MIL per annum clip. All told it is $161 MIL spread over 21 years. Read the rest of this entry
Giants Ink Johnny Cueto: It’s Tied For The 37th ALL – Time In MLB Contracts
Johnny Cueto is 97 – 70 (.578) career with a 3.30 ERA however he has put forth a 2.71 ERA since the start of the 2011 year. Much like his new team, Cueto has performed better in the even years of this decade, where he finished 2nd in Cy Young Voting in 2012 and 4th in 2014 Cy Young Voting.
Chuck Booth (Owner/Lead Analyst) Follow @chuckbooth3024
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The landscape of the NL West just changed again. As of right now I give the Giants as equally a shot to win the NL West as I do the LA Dodgers. Signing Johnny Cueto is an awesome move.
Even better than the 6 YRs/$130 MIL deal is an opt out clause after 2 years, when Cueto can forego the final 4 years of the pact – leaving the San Fran club with $84 MIL on the table.
The current contract also calls for a Team Option for a 7th year.
Cueto, who is 30, most likely will opt out after 2017 if he can put up great back to back seasons as good as his 2.71 ERA since the start of the 2011 campaign, – only bested by Clayton Kershaw in that time frame.
Jason Heyward Signs With The Cubs For The 13th Highest Contract In MLB History
Chuck Booth (Owner/Lead Analyst) Follow @chuckbooth3024
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It has been announced that Jason Heyward has just inked an 8 YR deal with the Chicago Cubs for $184 MIL deal. The contract calls for a player opt out after 3 years, but for now he is tied with Joe Mauer for 13th overall in total dollars during a deal.
Whether Heyward is worth that kind of dough in AAV is beside the point. At 26, he was one of the youngest Free Agent players of all time that could garner that type of cash.
No question about the man’s defensive prowess being unique in the game right now. He has also cut down on the amount of Strikeouts from early in his career. Read the rest of this entry
Greinke Signs With Arizona: 12th Best Deal ALL – Time Of 50 MLB Richest Contracts.
Zack Greinke opted of his deal (6 YRs/$147.6 MIL) after this last season with the Dodgers, even though he will still nearly $26 MIL per year left on his deal running through 2018. The 32 Year Old has been dynamite since moving to Los Angeles, featuring a 60 – 17 (.779) record with a mid 2 ERA since he was dealt to the Angels in mid 2012 from the Brewers. He just inked the most lucrative deal ever signed for the MLB in AAV at $34.42 MIL per year.
Chuck Booth (Owner/Lead Analyst) Follow @chuckbooth3024
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A collective haymaker punch has just been thrown at the rest of the National League West. The Diamondbacks have inked Zack Greinke to a 6 YRs/$206.5 MIL pact as of last night.
This is the 3rd richest Pitcher contract ever signed behind David Price‘s 7 YRs/$217 MIL deal – and Clayton Kerhsaw’s extension of 7 YRs/$210 MIL.
It is also the highest Average Annual contract ahead at $34.42 MIL per season, edging out both Price and Miguel Cabrera at a clip of $31 MIL each a campaign for their respective deals.
Greinke, 32, who finished 2nd in NL Cy Young Voting with an incredible 1.66 ERA in 222.1 IP worth of work in 2015 had opted out of his 6 YRs/$147.5 MIL deal with the Dodgers after just 3 years.
The Right Handed Pitcher left 3 years and $77.5 MIL on the table – and this was the right move as he was slated to earn just under $26 MIL a season for that contract.
This is the 12th richest deal of ALL – Time in the Major Leagues – and is also the 12th player to crack the $200 MIL+ barrier.
Price With Richest Pitcher Contract In MLB History (8th Best In History): Top 50 ALL – Time Deals
David Price has just inked the most expensive pitcher contract in the history of the MLB. With his and Jordan Zimmermann both hitting the top 50 contracts of ALL – Time in the last week, it has pushed Homer Bailey out of the top 50 deals of all time for chuckers. Right now, there is no one that has had the Tommy John Surgery while having a contract as a pitcher in the top 50. Expect that to change. Which poses the question – are pitchers really worth 9 figure deals?
Chuck Booth (Owner/Lead Analyst) Follow @chuckbooth3024
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David Price just inked the richest deal in MLB history with the Boston Red Sox at 7 YRs/$217 MIL. It is also the 8th richest contract ever doled out.
The question is whether or not it is a worthy investment to put that much dough on the table for a guy that will progressively decline as the deal goes on.
If you follow our Tommy John Surgery Tracker, you will find that 30 or so pitchers are having their names added to the list. Last season, the first 9 figured player – and top 50 salaried player had their arm go under a TJ Surgery in Home Bailey.
The time is coming again when an even higher profile pitcher will have to go down with it while his name is on a pact for a huge 9 figure salary.
it is the main reason why some clubs just can’t afford the risk. Boston has the funds to do this, and this clearly was the prudent move for the franchise to do after losing out on Jon Lester last season.
Most of the Starting Pitchers have not seen better years with their names on this list like Justin Verlander, Felix Hernandez, Matt Cain, Barry Zito, Cole Hamels, CC Sabathia and Mike Hampton. Read the rest of this entry
Max Scherzer’s $185 MIL Deal (Inflation Pro-Rated) Puts Him 11th In MLB History For Top Contracts
Scherzer’s 7 Year/$210 MIL deal is actually worth $185 against the cap, and we are giving him the same for the ALL-Time Contracts. This sum puts him just behind Derek Jeter for 11th in MLB History. Jon Lester and he are the only 2 men to enter the top 50 this year after 7 players made the cut last off year. Cabrera, Cano, Kershaw, Tanaka, Ellsbury, Trout and Choo all have made the chart since the end of the 2013 World Series. The deal called for a $50 MIL signing bonus. The 2013 former AL Cy Young winner, will make $15 MIL in deferred salary for the next 14 seasons. The 30 Year Old, will join the NL’s best club of 2014, as far as wins are concerned, bringing in a 96 – 66 record. The RHP has led the AL in wins the last 2 years (21 Wins and 18 Wins respectively), and has compiled a 55 – 15 (.786 Winning Percentage) since the start of the 2012 campaign.
The highest contracts in MLB history (Red means Active Contract)
1. Giancarlo Stanton, $325, 000, 000 (2015 – 2027)
*2. Alex Rodriguez, $275,000,000 (2008-17)
*** With A-Rod’s suspension in 2014, he forfeited $22.13 MIL bucks, so it will now end up 10 YRs/$252.87 MIL for the duration of his deal. You can’t tell me he will be worth 40% of what the Yankees will be paying him next year, and all the way till the end of 2017.
3. Alex Rodriguez, $252,000,000 (2001-10)
*4. Miguel Cabrera $248,000, 000 (2016 – 2023)
Go see #25. He has the 4th and 25th top contracts of ALL – Time. This contract doesn’t start until 2016.
*5. Albert Pujols, $250,000,000 (2012-21)
*6. Robinson Cano, $240,000,000 (2014 – 2023) Read the rest of this entry
Giancarlo Stanton Signs Record 13 YRs/$325 MIL Deal, Will He Be Worth It? + Top 50 Salary Deals ALL – Time
Giancarlo Stanton, who will turn just 25 in a few days, ended the year with the HR crown at 37 and added 105 RBI in just 539 AB before having his season ended with a Hit By Pitch. With the big slugger due for huge Arbitration awards in the next few years, the club started bargaining withe their young superstar towards a long-term contract once the year was over. They came up with a record breaking 13 Year Deal worth $325 MIL at the end of it. Stanton also holds his own ticket for the future as well, with a full no no-trade clause, and an opt year after the 2020 campaign.
Chuck Booth (Lead Analyst/Website Owner): Follow @chuckbooth3024
Follow The MLB Reports On Twitter Follow @mlbreports
With the ink not even being finalized on the historic deal between the Marlins and Giancarlo Stanton, it has been confirmed the deal is for 13 years at a clip of $325 MIL.
Among the provisions includes a no-trade clause, and an opt-out after the 2020 season, which would be 6 years into the deal.
It will be interesting to see how the dollars are broken up per year. If I were Stanton, I would have wanted for the Annual Average money be even throughout the pact, otherwise I may be leery of the club trying to let him walk out after the 6 years – by not having a competitive club.
Although, if it is back end loaded the team would certainly have the flexibility to spend more cash on their current roster for the next 6 campaigns, Tough dilemma for sure to be in.
No matter how long the 2014 NL MVP runnerup stays in South Beach, this is a smart business transaction for the franchise, regardless of the outcome. It just may backfire from a baseball operational sense in terms of finances for signing other players too.
The Miami Marlins had to do this contract to save face from the 2012 break up of the squad. Now while the big blockbuster trade has given the team the ability to contend for a playoff spot in the near future – and was a smart organizational move, as the fans also have been sold a bill of goods from the Marlins ownership since day 1 of the teams existence.
This is a marketing plan as much as anything that will be brought forth by the baseball impact. Stanton is the marquee player on the team, and trading him away in the next 2 years would have had a devastating effect on the fanbase.
One isn’t sure whether they can sustain enough revenues to produce a winning product on the field for an extended period of time, however having the most dynamic power hitter in your lineup for the next 13 years will be a nice reason to come to the yard. Read the rest of this entry
For The Most Part – The Top Salaried Players (#1 – #25 In The MLB Are Certainly Not Playing Like It!
Hunter Stokes (Chief Writer): Follow @stokes_hunter21
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Some of the highest paid athletes are really struggling to earn their keep. Even if A – Rod were playing, it is quite possible he would be a shell of his former self, and way overpaid.
You add in the horrific injury riddled years for Joey Votto and Prince Fielder, and you are talking about a lot of dough for players not even in uniform presently.
Then there is a productive hitter like Troy Tulowitzki, who can’t remain on the field, despite putting up world caliber numbers when he is in the lineup.
Joe Mauer and Matt Kemp have also dealt with injuries and timing issues at the plate, but they still could turn it around for the tail end of the season – and going forward.
Justin Verlander tops the list of the paying the man too late in the game, and this will not bode well for the Free Agent Max Scherzer.
You also have aging veterans that are helping their teams win games like Albert Pujols and Adrian Gonzalez, but they are also not where they were at the time all of that cash was thrown their way.
Miguel Cabrera and Mike Trout‘s deal don’t even start yet on this list, and somehow I think they will do alright.
Robinson Cano has looked decent in the 1st of a 10 year deal, but lets reassess this in 2018…
The Yankees have a huge problem on their hands with their representatives out of these players.
Mark Teixeira only has power left, and can hardly stay on the field, while CC Sabathia may be done as a top of the end starter.
Masahiro Tanaka was lights out in his time in New York this year, however he could be facing Tommy John Surgery soon, and may cost the franchise a lot of money to sit out.
Not even the Jacoby Ellsbury deal has reason for them to feel comfort. His numbers are similar to the ones he put up in Boston, yet he will see his speed evaporate over the years going forward.
This is part 1 of a 2 part blog series on player contracts. Tomorrow we address players 26 – 50. Read the rest of this entry
What Miguel Cabrera’s New Contract Means To The Tigers And Him
Miguel Cabrera‘s new 8 YR/$248 MIL contract extension comes days after the club couldn’t come to terms with reigning AL Cy Young winner Max Scherzer.
The numbers are mind boggling.
He breaks the ALL – Time record for Average Annual Contract per year is at $31 MIL AAV (from 2016 – 2023), and also he is owed the most dollars at any given time by a contract at $292 MIL for the years of 2014 – 2023.
This man is the best pure offensive player in the game, and has only become better with age, but a lot of people are worried about the back end of this deal.
I fully understand that. Read the rest of this entry
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