http://msn.foxsports.com/mlb/story/8027534/Rays-give-Longoria-$17.5M-deal;-could-be-worth-$44M
:eek:
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http://msn.foxsports.com/mlb/story/8027534/Rays-give-Longoria-$17.5M-deal;-could-be-worth-$44M
:eek:
Actually, the numbers don't look that bad - $100k over minimum this year and next, and the double minimum the third year. After that, it's only applicable if he's arb-eligible...and there are buyouts if it doesn't pan out. Not really all that risky (when compared with Zito, etc.)
It's nice that at least the Rays are interested in forming an interesting, talented nucleus (unlike, say, the Marlins), and spend the money to make it happen. Potential upside, and not as huge a risk as it appears at first.
However, it is a little early to be focusing on this...after 6 games and all...he could completely fizzle. You'd think the cellar dwelling team would have more important things to do, than worry about their third-basemen status in 2016?
It's really 6 games + his talent = $17.5 million, with the potential to be $44 million, and that could prove to be a huge bargain...
Rotoworld's take which seems pretty spot-on:
Quote:
The first six years of the contract cover his arbitration years, with three more years added by team options. If the team exercises its one-year option for 2014, and then its two-year option for the 2015 and 2016 seasons, the deal could be worth up to $44 million. They're investing more than they have to early, but if salaries keep rising and Longoria attains the success he's projected for, this deal would make him an absolute steal for the Rays. The big upside for Longoria's owners is that it eliminates any need to send him back to the minors this year so that he's not super-two eligible after 2010. That means Willy Aybar probably won't be getting his job back.
Yep and keep in mind half of that 44 million is in 2015 and 2016,
Plus they are only paying 14 million over the next 6 years .. thats a bargin if he winds up being a .270 hitter with average defense
Yep, and when that time comes (after 2014), if Longoria's played as well as he's projected to, and salaries keep rising like they've been, $11 million per year for 2 years would be an absolutely incredible steal.
If that is what he winds up being, he'd be a real disappointment...Quote:
Plus they are only paying 14 million over the next 6 years .. thats a bargin if he winds up being a .270 hitter with average defense
I think this is how young talented players should be handled. You don't do this unless you have near 100% confidence that the player has talent to go a full season at the pro level, but in the long run its a great deal both sides.
Longoria gets security now and will still be young enough to cash in big time at the prime of his career if he meets expectations. The Rays ensure themselves of keeping a young talent at a reasonable price. Yes both sides gamble, but the gamble is one both sides leave the table very happy with. Win/Win as regardless of the outcome this was a smart business decision from both sides.
Now with Longoria this makes sense for the Rays, with Papelbon I can understand the Sox reluctancy but am on record that Papelbon should've held out. Pitchers, especially closers very commonly have a very short window of elite production and young arms there's always an injury concern. Paps has had a tired arm at years end just two years ago. For those reasons alone, Pap should have tried to cash in on his current status as one of the top 2 or 3 closers in the game. For those reasons, the Sawx should've tried to avoid it. In the end, the Sawx won that game.
He couldn't have held out. If he wouldn't agree to a contract, he would have just gone to arbitration.Quote:
with Papelbon I can understand the Sox reluctancy but am on record that Papelbon should've held out