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Wednesday, December 11, 2019

Yankees, Gerrit Cole agree to record 9-year, $324M deal

Prized free-agent pitcher Gerrit Cole and the New York Yankees have agreed to a record nine-year, $324 million contract, sources told ESPN’s Jeff Passan.

The deal includes an opt-out clause after five years, sources told Passan, and surpasses the deal Stephen Strasburg finalized with the Washington Nationals on Monday for most total money and annual average salary for a pitcher, at $36 million.

Los Angeles El Hombre of Anaheim Posted: December 11, 2019 at 01:15 AM | 108 comment(s) Login to Bookmark
  Tags: fuck you, peasants, gerrit cole, yankees

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   101. Howie Menckel Posted: December 12, 2019 at 01:54 AM (#5908009)
lump of Cole
   102. bunyon Posted: December 12, 2019 at 09:11 AM (#5908027)
If you could only sign one, which contract would you most like to have:

Rendon, Cole or Strasburg?


If you had to sign one, which would you most fear?
   103. snapper (history's 42nd greatest monster) Posted: December 12, 2019 at 09:12 AM (#5908028)
I think it's weird that Yankee fans don't like acknowledging that their team has financial powers other teams don't. It's always been a big part of what makes the Yankees the Yankees.

They have those financial in theory, but they're no longer relevant. No team is willing to go over the third luxury tax threshold for more than a season. With their payroll effectively capped at $250M, there are a bunch of teams that have equal financial resources to the Yankees, i.e. they can spend $250M is perpetuity and still make a tidy profit.
   104. snapper (history's 42nd greatest monster) Posted: December 12, 2019 at 09:15 AM (#5908029)
If you could only sign one, which contract would you most like to have:

Rendon, Cole or Strasburg?


Assuming I had an opening at 3B, Rendon. Pitchers are always riskier than batters.

If you had to sign one, which would you most fear?

Cole and Strasburg are a coin-flip. I think Strasburg is riskier (older, more injury history) but his deal is shorter.
   105. Jose Is Absurdly Chatty Posted: December 12, 2019 at 09:36 AM (#5908042)
Assuming I had an opening at 3B, Rendon. Pitchers are always riskier than batters.

I think Strasburg is riskier (older, more injury history) but his deal is shorter.


Completely agree with snapper on this. Sign the hitter every time and Strasburg comes with built in concerns.
   106. cookiedabookie Posted: December 12, 2019 at 11:15 AM (#5908076)
If you could only sign one, which contract would you most like to have:

Rendon, Cole or Strasburg?

If you had to sign one, which would you most fear?


Usually I'd go with the hitter without much thought. However, Rendon has averaged 136 games a year as a full time player, with a 146 game median. And third basemen are not known as a group that ages well (right up there with second basemen and catchers). Strasburg has averaged 168 innings a year since is TJ surgery. So that's the one I fear the most. As crazy as it sounds, I think I'd most like to have Cole's contract, but not by much over Rendon.
   107. bunyon Posted: December 12, 2019 at 11:57 AM (#5908124)
106: That's why I asked. I hate all these contracts. Someone said that if you get a few great years that help win a pennant, it's worth it and I can see that. But I think all of these are likely to be bad contracts sooner rather than later.

Maybe I'm just getting too risk averse as I age.
   108. Walt Davis Posted: December 12, 2019 at 03:36 PM (#5908256)
All three of the contracts are for a higher AAV than I expected (by probably $4-5 M) and the pitcher ones are longer than I expected (by at least 1 year and I honestly wasn't sure we'd ever see longer than 6-7 years for a pitcher again). But over the last several years, MLB has not shied away from the big money pitcher contract.

Being the longest and most expensive and a pitcher, Cole's contract carries the biggest risk because there's a very good chance he misses at least one full season and a reasonable chance of a career-altering injury. It probably also has the most upside as pitchers like him usually retain quality pretty well ... until they get hurt. (There's also some risk that he's not really as good as he's pitched the last two years but I'll assume all that fancy data supports the notion that he is and that it's not just Astros' fairy dust.)

I'm less concerned about Rendon's contract since it's the AL and the Angels have openings at 1B and DH should he ever need shifting. The rapid decline of 2B and 3B is over-stated -- SoSH (Jose?) went through this quite thoroughly for 2B a few years ago. At 3B, we just have too many long-lasting examples now -- Beltre, Chipper, Boggs, Nettles, Brooks, ARod -- plus moving the guys who can hit to 1B/DH if necessary. Even the eternally fragile Rolen made it over 8500 PAs and was (occasionally) playing average ball at 36-37. Not many have much value after 36 but that's true of every position.
Page 2 of 2 pages  < 1 2

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