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Wednesday, August 30, 2006

AP: Oswalt, Astros agree to $73 million, 5-year extension

Roy Oswalt and the Houston Astros agreed to a $73 million, five-year contract extension on the ace’s 29th birthday Tuesday, the biggest multiyear deal the team has ever given to a pitcher.
...
His new deal, which has a no-trade clause and an option for a sixth year, will pay Oswalt $13 million in each of the first two years and $14 million in 2009. He will get $15 million in 2010 and $16 million in 2011.

The contract includes a $2 million buyout for 2012. Oswalt could opt out of that year and take a smaller payment.

The right-hander is 10-8 with a 3.25 ERA in 27 games this season. He is 93-47 in six seasons in Houston.

Houston Chronicle: Deal done for Roy-O: Five years, $73 million

NTNgod Posted: August 30, 2006 at 03:40 AM | 46 comment(s) Login to Bookmark
  Tags: astros

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   1. Russlan thinks deGrom is da bomb Posted: August 30, 2006 at 03:21 AM (#2160978)
Oswalt reminds me of Tim Hudson from a couple years ago for these reasons.

1) Snall guys who have thrown a ton of innings at a young age.
2) Decling strikeout rates
3) More hits
4) Success despite declining rate because of superb control and home run rates.

I'm sure there are other pitchers who have such a profile as Oswalt who have had success that Hudson isn't having in Atlanta. That said, a 5y/75m dollar contract for a guy with a k-rate less than 7 scares me.
   2. Best Regards, President of Comfort, Esq. Posted: August 30, 2006 at 03:37 AM (#2160996)
You're gonna have a heart attack when Wang signs his extension...
   3. Russlan thinks deGrom is da bomb Posted: August 30, 2006 at 03:43 AM (#2161006)
Wang is actually one of favorite pitchers. Wang has a g/f ratio of three. That makes him a lot different than a guy like Oswalt.
   4. Robert S. Posted: August 30, 2006 at 04:27 AM (#2161066)
I hope Zito gets Drayton a muffin basket or something.
   5. NTNgod Posted: August 30, 2006 at 04:31 AM (#2161074)
This is also going to be the minimum that Carlos Zambrano will seek to keep from walking after next year, I would imagine.
   6. TerpNats Posted: August 30, 2006 at 04:35 AM (#2161079)
Baltimore, read it and weep.
   7. NTNgod Posted: August 30, 2006 at 04:39 AM (#2161084)
Updated Houston Chronicle article:
Informed that the Astros had just given him a five-year, $73 million contract Tuesday night, ace righthander Roy Oswalt immediately placed a call to Weir, Miss., to give his father Billy the news. In the ensuing news conference, Oswalt fought off tears as he acknowledged his father's guidance.
...
"I told my dad, 'Well, I think you can find something else to do," Oswalt said after the Astros' 10-3 victory over the Milwaukee Brewers at Minute Maid Park. "He didn't know what I was talking about at first. Then I told him I signed. He was proud. Hopefully I can get him a little bit of an easier job doing something else.

"It's all about family. It's always about family. We play this game, and the reason we play this game is so we can support our family."
   8. Russlan thinks deGrom is da bomb Posted: August 30, 2006 at 04:46 AM (#2161093)
Hopefully I can get him a little bit of an easier job doing something else.

Oswalt has made about 20 million already in his career. I'm pretty sure Oswalt could have managed to retire his father before signing the extension.
   9. Don Guillote (The Cheat) Posted: August 30, 2006 at 04:50 AM (#2161099)
Mark Buehrle approves of this signing.
   10. 1k5v3L Posted: August 30, 2006 at 04:50 AM (#2161100)
His father likes his bling bling.
   11. Hello Rusty Kuntz, Goodbye Rusty Cars Posted: August 30, 2006 at 04:54 AM (#2161102)
My boss gave me a bottle of whiskey for my 29th birthday.
   12. Raskolnikov Posted: August 30, 2006 at 04:58 AM (#2161104)
If Houston is willing to pony up 70+ million for a single player that was still a year away from FA, that means prices are going to skyrocket this offseason, I'm suspecting.
   13. Honkie Kong Posted: August 30, 2006 at 05:00 AM (#2161106)
except for Smoltzie :)
   14. Robert S. Posted: August 30, 2006 at 05:04 AM (#2161110)
Just for giggles:

Brandon Webb p
4 years/$19.5M (2006-09), plus $8.5M 2010 club option
   15. Russlan thinks deGrom is da bomb Posted: August 30, 2006 at 05:26 AM (#2161131)
I wonder if Oswalt got a no-trade clause.
   16. Russlan thinks deGrom is da bomb Posted: August 30, 2006 at 05:27 AM (#2161133)
If I read the article, I wouldn;t have had to wonder.
   17. Norcan Posted: August 30, 2006 at 05:49 AM (#2161152)
Just for giggles:

Brandon Webb p
4 years/$19.5M (2006-09), plus $8.5M 2010 club option


Why giggle, this is just how it works. 60 million of it is for his free agent years and so of course it's going to dwarf Webb's arbitration years and look like an overpay in comparision. Still, Webb's deal does look like a bargain now since he's pitched so well this year but it's not like his trackrecord of success is really that long, so who knows with him.
   18. 1k5v3L Posted: August 30, 2006 at 06:05 AM (#2161169)
it's not like his trackrecord of success is really that long, so who knows with him.


In his first three years in the majors, Webb has averaged over 200 IP per season with ERA+ of over 130. And this season he's been arguably the most valuable starting pitcher in the NL. So I'd say he's had a consistent trackrecord of success ever since he's been in the majors, and his minor league record is excellent as well. As far as "trackrecord of success" to start off a major league career is concerned (say, minimum four seasons), Webb has been one of the best pitchers in the game right now.

Then again, here I go again, letting numbers get in the way of some lame a$$ statements.

The only thing that worries me about Webb is his recent bout with elbow troubles; the doctors say his elbow is structurally sound, so I'll hope for the best.
   19. Ozzie's gay friend Posted: August 30, 2006 at 06:14 AM (#2161174)
I never liked R-Osw (as a person, not as a player).
   20. Flynn Posted: August 30, 2006 at 06:46 AM (#2161193)
Oswalt fought off tears as he acknowledged his father's guidance.

Roy: Dad, the Astros offered me $73m. What do I do?

Dad: Take the money, you dumb redneck!

yeah, guidance.
   21. Norcan Posted: August 30, 2006 at 07:08 AM (#2161197)
Oh Levski, you're such a noble soldier of intellectual brilliance that you can't help numbers from just spilling forth. I'm jealous. Except all you do is make lame attempts at snappy comments on every friggin' thread.

Anyway, I like Webb. I like groundball pitchers in general and he's one of the best. You're right, though, he has consistently put up good results. I guess I was a little deluded remembering that he had awful control his second season.
   22. Norcan Posted: August 30, 2006 at 07:20 AM (#2161200)
Oh, another thing Levski. I still agree with you but I just wanted to point out that Webb's second season ERA+ of 124 is a bit deceiving since he gave up 28 unearned runs. In his other seasons he's gone 8,8 and thus far 7 in that department. Maybe his defense was really bad that season but maybe his walks didn't help either. If you say just him 12 unearned runs, his era would have been 4.28. But that's nitpicking. His rookie season was great. His third season was good. And this season he's been fabulous.
   23. Ozzie's gay friend Posted: August 30, 2006 at 08:26 AM (#2161202)
just imagine what Webb would look like if he was ptiching on baseball's highest level, instead of the consistantly worst division in the worst league.
   24. Levi Stahl Posted: August 30, 2006 at 02:00 PM (#2161300)
Why don't you like Oswalt, Ozzie's gay friend? Even as a Cardinals fan whose team's been shut down by him more than I'd like to remember, I've always kinda liked him. He seems like a really tough SOB and a hard competitor, especially given that he's like 4 feet tall.
   25. Ginger Nut Posted: August 30, 2006 at 02:08 PM (#2161313)
just imagine what Webb would look like if he was ptiching on baseball's highest level, instead of the consistantly worst division in the worst league.


Is the NL west really still the worst division? Seems to me that the Mets are the only good team in the East. Florida has a lot of potential but I don't think they're better than the average NL west team, at least this year. Meanwhile, in the central the Cards aren't the powerhouse they were a couple of years ago and Cinci is battling several NL west teams for the wild card slot. Overall if you take the Mets out of the picture it seems to me that every division in the NL is equally mediocre this year. If you look at the inter-divisional records, it doesn't seem that any one division is beating up on the others.
   26. Crispix reaches boiling point with lackluster play Posted: August 30, 2006 at 02:12 PM (#2161317)
Oswalt has made about 20 million already in his career. I'm pretty sure Oswalt could have managed to retire his father before signing the extension.

I don't know, those student loans for Holmes Junior College might be pretty overwhelming.
   27. Mister High Standards Posted: August 30, 2006 at 02:25 PM (#2161338)
We play this game, and the reason we play this game is so we can support our family


Its nice that he is a devouted family man... but my god this quote annoyed me and i'm not even sure why. Jealousy most likely.
   28. Rob Base Posted: August 30, 2006 at 02:36 PM (#2161346)

In his first three years in the majors, Webb has averaged over 200 IP per season with ERA+ of over 130. And this season he's been arguably the most valuable starting pitcher in the NL. So I'd say he's had a consistent trackrecord of success ever since he's been in the majors, and his minor league record is excellent as well. As far as "trackrecord of success" to start off a major league career is concerned (say, minimum four seasons), Webb has been one of the best pitchers in the game right now.


He is going to look GREAT in the blue and orange when Zona can't afford him anymore.
   29. Bring Me the Head of Alfredo Griffin (Vlad) Posted: August 30, 2006 at 02:39 PM (#2161351)
"...that means prices are going to skyrocket this offseason, I'm suspecting."

I think you're right.
   30. The Original SJ Posted: August 30, 2006 at 02:45 PM (#2161365)
Pettite comes off the books for the Astros this year. They are paying him 17.5 mil. Does this mean he signs elsewhere?
   31. Barry`s_Lazy_Boy Posted: August 30, 2006 at 02:53 PM (#2161374)
Pettite comes off the books for the Astros this year. They are paying him 17.5 mil. Does this mean he signs elsewhere?

The once and future Yankee.
   32. Rob Base Posted: August 30, 2006 at 02:59 PM (#2161382)
The once and future Yankee.

I'd have to think there's a really good chance of that, right?
   33. The Original SJ Posted: August 30, 2006 at 03:05 PM (#2161389)
The Yankees are going to sign a pitcher this season. They are going to decline Mussina's option, but try and bring him back somehow.

I think they would definately look at Petitte.
   34. WalkOffIBB Posted: August 30, 2006 at 03:10 PM (#2161395)
Its nice that he is a devouted family man... but my god this quote annoyed me and i'm not even sure why. Jealousy most likely.

Or because it is not true (at least in the way I think of support: the family can eat, has a roof over their head and clothes on their back)? Oswalt has made almost $20 million over his career. Good for him. I don't begrudge him a cent.

But he is no more playing to support his family than Trump is making deals to support his.
   35. AROM Posted: August 30, 2006 at 03:29 PM (#2161422)
The Yankees are going to sign a pitcher this season. They are going to decline Mussina's option, but try and bring him back somehow.

I'm not sure that's the best way to go with him. 17 million is a lot, but there's a 1.5 million buyout. I think the minimum Moose gets is something like 3/30, possibly as much as 3/39 - even ancient ones like Kenny Rogers got multiyear deals last season.

I think I'd rather have him at 1/15.5 than that.
   36. Bring Me the Head of Alfredo Griffin (Vlad) Posted: August 30, 2006 at 03:40 PM (#2161435)
I think there's a non-zero chance that Pettitte will just retire. He looks like the elbow has him in a lot of pain out there.
   37. Juan V Posted: August 30, 2006 at 03:50 PM (#2161447)
I think there's a non-zero chance that Pettitte will just retire. He looks like the elbow has him in a lot of pain out there.


Actually, IIRC he has said he would retire after the season, right?
   38. Joey B. is counting the days to Trea Turner Posted: August 30, 2006 at 03:54 PM (#2161453)
If Houston is willing to pony up 70+ million for a single player that was still a year away from FA, that means prices are going to skyrocket this offseason, I'm suspecting.

Agreed. It also means that the coming negotations over the CBA aren't going to be all that contentious. We'll get plenty of the standard run-of-the-mill bluster, but an extension will be signed fairly quickly with no threat of a strike or lockout.
   39. AROM Posted: August 30, 2006 at 03:59 PM (#2161462)
I sure hope you're right Joey. Certainly don't want to see a strike or lockout. While that is a very low probability, a quick settlement will mean we can read about baseball instead of negotiations this winter.
   40. Juan V Posted: August 30, 2006 at 04:02 PM (#2161466)
I remember the last time the CBA went up for renegotiations, there was a lot of year-long tension about it. The fact that there have been little noises about it now would indicate that things are expected to go smoothly.
   41. Kyle S Posted: August 30, 2006 at 04:05 PM (#2161472)
i'd imagine both the players and the owners are so worn out from carrying 50-lb sacks of hundred dollar bills to the bank that they will be too tired for a labor battle.
   42. Old Matt Posted: August 30, 2006 at 04:13 PM (#2161481)
I'd like to give a big, \"#### you." to the Astros front office.
   43. Alex meets the threshold for granular review Posted: August 30, 2006 at 04:18 PM (#2161487)
Just for giggles:

Brandon Webb p
4 years/$19.5M (2006-09), plus $8.5M 2010 club option


Contract Details:
Signed a two-year, $13 million contract with an $8 million option or $1 million buyout for 2008.

2006: $5,000,000
2007: $7,000,000
2008: $8,000,000 or a $1,000,000 buyout.

Chris Carpenter. :-D
   44. The Original SJ Posted: August 30, 2006 at 04:23 PM (#2161489)
I thought it was 1/19.5. 1, 15.5 is pretty reasonable, considering they are paying Randy Johnson over 40 mil a year just to make rLr crazy
   45. Moses Taylor, Unwavering Optimist Posted: August 30, 2006 at 05:38 PM (#2161584)
This is also going to be the minimum that Carlos Zambrano will seek to keep from walking after next year, I would imagine.

Yep, and I think he has a lot more leverage with the Cubs than Oswalt did with the Astros.
   46. Harveys Wallbangers Posted: August 30, 2006 at 05:48 PM (#2161599)
That amount of cash buys a lot of tractors.

If Zambrano keeps pitching at his current level the Cubs may have to take out a home equity loan on Wrigly Field.

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