Page rendered in 0.4293 seconds
41 querie(s) executed
— A Timely Look at Transactions as They Happen
Saturday, December 16, 2006
Blue Jays - Signed Wells
Toronto Blue Jays - Signed CF Vernon Wells to a 7-year contract.
This contract comes in at a hefty $126 million. Is Wells overpaid at this price? Certainly - in his off-years, he’s a really good player, not a great one. But this is the type of player you overpay, a player that you can’t easily develop on the farm. As a GM, I should be able to produce players that are as good as Gary Matthews Jr. or Juan Pierre. To develop players as good as Vernon Wells, on the other hand, I also need a little bit of fortune to go my way. What the Jays need to do, however, since they’re never going to be an insane revenue-generating team, is show some belt-tightening at the margins. That means doing things like not even giving a million to an utterly useless player like Royce Clayton. It means not paying part of Koskie’s salary to make him go away because you’re impatient and hanging onto pitchers like Doug Davis and Dave Bush. It means finding your own LOOGY instead of Scott Schoneweis If the Jays can cut merely $3 million a year in marginal players each year of Wells contract, suddenly it’s a 7 year, $105 million contract which looks much, much nicer.
The contract is heavily backloaded after an opt-out clause, so the Jays have a nice window where they better use the savings intelligently as Wells isn’t getting paid like a superstar until 2010 - with the signing bonus, he’ll still make a maximum of $10 million up until 2010 when the salary plus the last year of the bonus sends his compensation up to $20 million.
As noted in one of the threads, Wells isn’t a little guy, so the Jays should do their utmost to keep Wells’ weight from going up too much unless it results in him adding the serious power that would make him a viable $20 million player (in 2010 that is) in leftfield. However, this isn’t one of those Bagwell/Helton signings in which the player’s looked up until 40 as Wells will only be 35 at the end of the contract and there’s obviously no chance of a Dominican Surprise here.
This is a good move for Ricciardi personally as well. Very few GMs last more than 10 years with a team unless there are some playoff appearances. So either Ricciardi gets the Jays to the playoffs over the Red Sox and Yankees and he gets a big reputation boost or he doesn’t, gets to enjoy some cheap years of Wells and leaves the big money contract for his successor to deal with. GMs are rarely given credit for the team they leave behind, for good or for ill.
Seriously, even if Wells was getting $20 million right now, what else could the Blue Jays get for that money? Gil Meche and Jeff Suppan? I’ll take the gold glove centerfielder in his prime with good offensive numbers, thank you very much.
You must be logged in to view your Bookmarks.
2012 ZiPS Projections, Final Edition
(23 - 11:21am, May 31)
2012 ZiPS/RBI Baseball
(20 - 10:58am, May 03)
2012 ZiPS Projections Spreadsheets, v. 1
(62 - 4:38pm, Apr 10)
2012 ZiPS Projections - Oakland A's
(69 - 5:57am, Apr 10)
Last: Athletic Supporter was shiny, now he's all rusted
2012 ZiPS Projections - Kansas City Royals
(31 - 1:51pm, Mar 23)
Pirates - Acquire Burnett
(10 - 11:09pm, Feb 20)
Last: You Know Nothing JT Snow (YR)
2012 ZiPS Projections - Pittsburgh Pirates
(41 - 10:02am, Feb 20)
Last: Dangerous Dean
2012 ZiPS Projections - Minnesota Twins
(31 - 8:53pm, Feb 17)
Last: A Random 8-Year-Old Eskimo
2012 ZiPS Projections - Boston Red Sox
(46 - 4:41pm, Feb 17)
Last: Jose Remains The Most Absurd Thing on the Site
2012 ZiPS Projections - San Diego Padres
(29 - 2:33pm, Feb 17)
Last: Dan Szymborski
2012 ZiPS Projections - Arizona Diamondbacks
(31 - 2:03am, Feb 14)
Last: Dan Szymborski
2012 ZiPS Projections - Texas Rangers
(21 - 12:43pm, Feb 10)
2012 ZiPS Projections - Miami Marlins
(31 - 8:16pm, Feb 07)
Last: There's a bustle in Misirlou's hedgerow
2012 ZiPS Projections - Cleveland Indians
(19 - 10:18pm, Feb 02)
2012 ZiPS Projections - Atlanta Braves
(28 - 6:25pm, Jan 31)
Last: Spahn Insane: bowing to King of Effortless