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— A Timely Look at Transactions as They Happen
Saturday, November 26, 2005
Blue Jays - Signed Ryan
Toronto Blue Jays - Signed P B.J. Ryan to a 5-year, $47 million contract.
I’m surprised that he got this much given how much teams go with the proven closer mojo and Ryan only has one year as a closer for a bad team.
He’s definitely overpaid a bit here, but if you have to overpay, overpay for a top-tier player, not a couple of lesser players. While there are always a bunch of relievers hanging around that can put up middle relief ERAs in the 3.50-4.00 range, big guys with excellent fastballs and 12 and a half strikeouts per 9 innings are a much rarer breed. Add in the fact that Ryan has also generally been healthy over his career and has not been overworked and I think Ryan may very well be, performance-wise, the best bet of any other player in the free-agent market this offseason.
Pricey, but a thumbs-up. Hard to find too many faults with picking up a pitcher that will be the Blue Jays’ best reliever since Tom Henke. Perhaps the O’s should have given Ryan the 3-year, $15 million contract he wanted before 2005. They offered 3 years, $18 million this offseason, which suggests that they really had no idea what the market for Ryan was.
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