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Transaction Oracle
— A Timely Look at Transactions as They Happen

Monday, January 14, 2008

Brewers - Signed Cameron

Milwaukee Brewers - Signed CF Mike Cameron to a 1-year contract worth some sort of compensation, probably currency.

I'm guessing the dollar figure isn't one that I can complain too much about. The projection below does not reflect the fact that Cameron's guaranteed to miss 25 games of the 2008 season due to the suspension. This no doubt reduced the desirability of Cameron because it essentially eliminates the truly desperate teams like the Orioles from signing him as a stopgap centerfielder. When he does play with the Brewers, Cameron sets off a chain-reaction of Milwaukee players going to positions that they can play adequately, but the team defense isn't so bad that they can't manage a month without him. Good move by the Brewers, who should have a fun race with the Cubs this season. Cameron's once-excellent defense has eroded to being a hair above-average, but it shouldn't be a problem for a few years.

2008 ZiPS Projection - Mike Cameron
----------------------------------------------------------------------------------
              AB   R    H  2B 3B  HR RBI  BB  SO  SB    BA   OBP   SLG   OPS+  DR   
----------------------------------------------------------------------------------
Projection   481  80  122  29  5  18  67  59 123  18  .254  .341  .447   102    3 
----------------------------------------------------------------------------------
Opt. (15%)   508  98  138  39  7  23  89  73 123  21  .272  .371  .512   125    6
Pes. (15%)   381  52   84  23  2  11  47  40 111   9  .220  .299  .378    73   -1   
----------------------------------------------------------------------------------
Top Offensive Comps: Amos Otis, Sam Chapman
Dan Szymborski Posted: January 14, 2008 at 08:25 AM | 3 comment(s)
  Related News: Milwaukee

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   1. Roiding Team (Oriole Tragic) Posted: January 14, 2008 at 05:02 PM (#2668109)
Looks like $7M for 2008 (salary + bonus) with $10M team option for 2009. (ESPN.com)
   2. battlekow Posted: January 14, 2008 at 10:56 PM (#2668434)
Looks like $7M for 2008 (salary + bonus) with $10M team option for 2009. (ESPN.com)

Clarification:
Cameron will get a $1.25 million signing bonus and a $5 million salary in 2008. But, because he is suspended for the first 25 games of the season for testing positive for a banned stimulant, he won't be paid for those games.

So, instead of the $5 million, Cameron actually will make around $4.22 million in salary. A season is based on 180 days of play and Cameron will miss 28 days ($27,778 per day). Barring postponements, he'll be eligible to play his first game on April 29 in Chicago.

The Brewers hold a $10 million option on Cameron for 2009 with a $750,000 buyout. So, if he plays for them one year, the Brewers' financial commitment will be the $1.25 million signing bonus, $4.22 million in actual pay and the $750,000 buyout, which comes to $6.22 million.
   3. Roiding Team (Oriole Tragic) Posted: January 15, 2008 at 10:23 AM (#2668593)
Nice putback. Thanks.
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