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Contracts Newsbeat

Saturday, April 27, 2019

How big contract has impacted Xander Bogaerts

“It might be a peace of mind,” he said. “One thing I’ve noticed is that it hasn’t changed the competitiveness. Sometimes you get all that money and you might think you can play relaxed. I think it has actually more like making sure you want to do things to help your team. You feel a bigger responsibility but in a good way. Not adding pressure. But I haven’t had the feeling that I’m good, I’m set….

After just a few days of uneasiness at the end of spring training due to contract negotiations—(“It was little bit nerve-wracking at the end when it was crunch-time,” he said)—Bogaerts has simply seemed like a player who is evolving in the manner befitting one of the club’s pieces of its foundation. For that, he feels his newfound certainty should get at least some of the credit.

 

Absurd Joey Blotto Posted: April 27, 2019 at 09:31 AM | 1 comment(s)
  Beats: contracts, red sox

Sunday, April 14, 2019

MLB Rumors: Here are Craig Kimbrel’s latest contract demands

The 2019 MLB season is in full swing, and Craig Kimbrel still doesn’t have a team.

It’s bizarre seeing one of the best closers of all time still on the market, especially when you consider the number of teams in need of bullpen help. But according to Jim Bowden of The Athletic, Kimbrel’s asking price remains far too high. As recently as late March, the 2018 World Series Champion has asked for a five-year deal worth approximately $100 million.

Bowden writes:

“When the market didn’t develop for Kimbrel like [Kimbrel’s agent David Meter] thought it would, he stuck to his guns and, even as late as March, was still seeking a five-year pact in the $100 million range.  It was a clear miscalculation of Kimbrel’s true market value, and not consistent with the actual offers or ranges teams had given him.”

I’m disappointed- I was hoping for him to be making truly strange demands, like for a helicopter, or to be always followed around in the clubhouse by two uniformed menservants.

QLE Posted: April 14, 2019 at 07:10 AM | 67 comment(s)
  Beats: contracts, craig kimbrel, hot stove

Saturday, April 13, 2019

Red Sox Extend Xander Bogaerts (6/$120m)

Just a week after locking up free-agent-to-be Chris Sale with a five-year extension, the Red Sox secured long-term control over another member of their core Monday when they announced a six-year extension with shortstop Xander Bogaerts.  The deal reportedly guarantees Bogaerts $120MM from 2020-25 and contains a vesting option for the 2026 season.  The vesting option is reportedly worth another $20MM and would kick in if Bogaerts made 535 plate appearances in 2025.  Bogaerts, a client of the Boras Corporation, is also said to have received an opt-out provision after the 2022 season.

As Dan Szymborski points out Bogaerts probably left a lot of money on the table. ZiPS has Bogaerts being worth ~200m over the seven years the contract might cover if Bogaerts doesn’t opt out and the vesting option kicks in.


Monday, April 08, 2019

Boras: Young stars getting trapped, lowballed with ‘snuff contracts’

Super agent Scott Boras has chimed in on a contract extension trend that has swept across MLB, one he doesn’t think is good for players - especially young stars.

Boras believes that contracts - like ones that Alex Bregman, Eloy Jimenez, and Ronald Acuna signed over the last few weeks - belie players’ value and won’t allow them to test free agency until they’re in their 30s, at which point they won’t be able to get long-term deals.

“Great, young players are getting what I call ‘snuff contracts,’” Boras told Andy McCullough of the Los Angeles Times. “And a snuff contract is that they’re trying to snuff out the market. They know the player is a great player, and he’s exhibited very little performance.

I thought MLB was campaigning against smokeless tobacco usage….

 

QLE Posted: April 08, 2019 at 09:48 AM | 57 comment(s)
  Beats: contracts, scott boras

Sunday, April 07, 2019

German Márquez, Rockies agree to $43M, five-year contract

DENVER — Hard-throwing righty German Márquez and the Colorado Rockies have agreed to a $43 million, five-year contract.

Colorado unilaterally renewed Márquez last month for a one-year deal paying $565,000 — $10,000 above the minimum — while in the major leagues and $275,000 while in the minors.

His new contract calls for a $1.5 million signing bonus, payable within 30 days of the deal’s approval by the commissioner’s office, and salaries of $1 million this year, $4.5 million in 2020, $7.5 million in 2021, $11 million in 2022 and $15 million in 2023. Colorado has a $16 million option for 2024 with a $2.5 million buyout.

Any thoughts concerning this contract?

 

QLE Posted: April 07, 2019 at 03:45 AM | 5 comment(s)
  Beats: contracts, german marquez, rockies

Wednesday, February 27, 2019

Francisco Liriano gets seven minor league contract offers on same day

We have been loath to throw out the c-word — collusion — when discussing the current labor strife in Major League Baseball. It is a claim that’s very hard to prove, even though there are multiple examples of teams colluding against players throughout baseball history.

However, as players have spoken up about their experiences in the free agent market, several have made observations that seem more than coincidental. Earlier this month, Cubs reliever Brad Brach said, “We talked to certain teams and they told us that, ‘We have an algorithm and here’s where you fall.’ … It’s just kind of weird that all offers are the same, they come around the same time. Everybody tells you there’s an algorithm.” Brach ultimately inked a one-year, $4.35 million contract with the Cubs which includes a 2020 club option.

Two days later, Rockies infielder Mark Reynolds said he went without a contract offer for weeks. One day, while he was out playing golf, he got a call from his agent who said he had four teams offering minor league deals on the same day. Reynolds ended up picking the Rockies.

Would that I could get seven job offers in a day, even if collusion is involved….

 

QLE Posted: February 27, 2019 at 07:24 AM | 12 comment(s)
  Beats: collusion, contracts, francisco liriano

Monday, January 14, 2019

MLB free agency: Swellopt is the latest victory for mlb owners | SI.com

Arrieta signed a three-year, $75 million contract before the 2018 season, with the Phillies retaining the option, after 2019, to add 2020 and 2021 to the deal. Kikuchi signed a four-year, $56 million deal earlier this month that allows the Mariners, after 2021, to tack on 2023, 2024, and 2025 for an extra $53 million total.

Scott Boras, the agent who negotiated all three deals, calls it a “swellopt.” He unpacked the etymology for Ken Rosenthal: “For the club, if the player performs well, the club can opt in (contract swells). For the player, if the club doesn’t opt in, the player has the choice to continue with contract (swell) or opt out. It’s a swell option for both.” A contractual provision by any other name would swell as… well, you get it.

Jim Furtado Posted: January 14, 2019 at 11:35 AM | 0 comment(s)
  Beats: contracts, free agency

Saturday, January 12, 2019

Reds agree with newly acquired Puig on $9.7 million contract

CINCINNATI (AP) — The Cincinnati Reds avoided arbitration with Yasiel Puig, agreeing with the newly acquired outfielder on a $9.7 million contract for 2019.

You know, this is rather disappointing, after everything claimed about Puig in the popular press.

QLE Posted: January 12, 2019 at 08:06 AM | 4 comment(s)
  Beats: contracts, reds, yasiel puig

 

 

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