and again as the breif chart I put up shows for 25 to 30 starts a year at an ERA+ of 77 GM WOULD pay 1.5 mill per year and many pay MORE, which is why I included the number of starts in the chart
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Most GMs don't do it out of choice. Most of the time, they expect far better and then play the guys anyway because they're already paying them. Most GMs, if you told them they could bring in an FA to put up a 77 ERA + in 30 starts, would not bring in that FA for any money. Plus, as already mentioned, if he makes 30 starts, he won't be making 1.5 mil. He'll be making 7 mil.
They don't make the signing expecting to get that near/sub-replacement level performance. They made the signing expecting to get something better (probably league-average or slightly above pitching). That (what they were expecting) is what they paid for. What they wound up paying for isn't what sets the standard.
If Bill Bavasi had a crystal ball and knew that Carlos Silva would pitch so terrible this year, not even he would've paid him $48 million over 4 years. And if the Indians knew that Carl Pavano would perform the same as he did last year, except over more starts, they wouldn't have signed him to the contract they did. They're expecting better than that.
Well, Carmona doesn't need as good of a K/BB ratio as others due to succeed, but 70 walks compared to 58 strikeouts in 120 innings is just abysmal. That simply won't cut it and he'll be out of baseball in three years if he keeps that up. I don't think he'll be that bad next year, but he's obviously a huge question mark...I'd predict around a 5.00 ERA for him next year. Servicable..but not very good.
I don't think Lee will regress to being a bad pitcher or anything, but he didn't just go from average pitcher to top 3 pitcher in the game in one year at 29 years old. He'll be good, I'd put him at a 3.60 ERA type pitcher. Pretty good, not elite.
Other pitchers may have potential, but they are all question marks and put up mediocre-to-awful numbers last year. As of right now, the only reason I can see to call the Indians contenders is b/c of the weakness of the division. I think the Twins are the favorites, the ChiSox close....and the Indians and Royals a step behind those two...I think Cleveland and KC would have to have a lot of things to right for them to win the division, I think both are about .500 teams.. I think the Tigers are the only team that really can't win the division next year...I think the other four teams could stay fairly close for a while and all hover around .500.
Actually instead of Pavano making an additional 5.3 million he could make UP TO 5.3 million so in reality his performance bonuses are 3.8 million. Shapiro has already said as well that if Pavano is healthy following spring training he has a spot in the rotation guaranteed.
Some of you are forgetting the bonuses, but just about everyone seems to be forgetting to look at the roster management strategy. By using Pavano the Indians are very likely to save at least 1 option on someone, and their probably keeping the Service Time clock from running on someone. That's easily worth $1.5 to $5 million, even if he's only a 77 ERA+ pitcher.
There are quite a few other guys they could have signed for LESS than $1.5 mil that would do the same thing.
$1.5 mil sound pretty high for a guy who pitched 26 games in 4 years. I understand the strategy, I just think there were other/cheaper options.
Some might argue that Pavano has 'upside', which maybe true
such as?
Take your pick from the guys on this list
http://www.baseballamerica.com/blog/prospects/?p=1786
if the Indians are just looking for a guy to make a few starts to keep someone like Scott Lewis in the minors for a bit longer.
If they really want a guy who's going to be a starter for the whole season:
Tim Redding (might could be had for the high end of Pavano's deal)
Odalis Perez or Josh Fogg would come cheaply and have a much better chance of pitching a whole season.