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— A Timely Look at Transactions as They Happen
Tuesday, December 27, 2005
Rangers - Signed Millwood
Texas Rangers - Signed P Kevin Millwood to a 5-year, $60 million contract.
We were talking about the Royals needing scaffolding over in the Reggie Sanders thread and while I don’t think it applied to the Royals, it does apply to the Rangers. While the Rangers’ offense is clearly overrated, the team still has a lot of core talent and neither the A’s or Angels are juggernaut teams. Millwood doesn’t give the Rangers the dominant starter they could really use, he’s a better bet than Kenny Rogers and that’s enough to stop some of the bleeding and help the Rangers more comfortably work in pitchers like Loe.
Unlike the Burnett deal, only $48 million over 4 years is guaranteed and the Rangers will be able to void the 5th year if this signing is bomb. Of course, I still think I would rather have A.J. Burnett at his price - Burnett still has the drool-inducing upside that Millwood doesn’t. If this contract doesn’t work out, it’ll be entertaining to see how the sportswriters blame this one on A-Rod.
The other thing I find entertaining is how this pretty much ends the gleeful crowing about how Scott Boras lost big with his Millwood negotiating tactics. With the mutual option exercised, Millwood would have made roughly $40 million from the Phillies for the 2004-2007 seasons. Now, for the 2004-2007 seasons, Millwood will have made roughly $42 million. And still have another 2-3 years at $12 million a pop in the big.
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