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Transaction Oracle — A Timely Look at Transactions as They Happen Wednesday, December 06, 2006Dodgers - Signed SchmidtLos Angeles Dodgers - Signed P Jason Schmidt to a 3-year contract worth $47 million.With the loose money out of the market earlier, the star contracts we're seeing are starting to look less ridiculous. The idea that someone would pay as much for 5 years of Juan Pierre or Gary Matthews Jr. as 3 years of Jason Schmidt tells me that people in baseball really don't follow their IPTCHING WINS CHAMPI0NSHIPS~! junk. I'm not a fan of Colletti, but this is a solid deal and it leaves the possibility of the Dodgers getting an outfielder with Brad Penny instead of giving away their hoarded talent. As long as the Dodgers realize that they're getting merely a solid, above-average pitcher rather than the Schmidt of a few years ago, they won't be disappointed. 2007 ZiPS Projection - Jason Schmidt
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W L G GS IP H ER HR BB SO ERA
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Projection 12 8 29 29 192 172 84 22 77 183 3.94
2008 11 8 28 28 185 171 84 23 73 166 4.09
2009 10 8 26 26 169 161 80 23 67 144 4.26
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Opt. (15%) 15 7 32 32 217 179 77 19 78 213 3.19
Pes. (15%) 8 8 25 25 156 151 82 23 68 145 4.73
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