stack of money

What does Werth’s $126 million do to the market?

21 Comments

The Hot Stove is roaring after the Nationals shattered expectations by giving Jayson Werth a seven-year, $126 million deal that matches Vernon Wells’ Blue Jays pact for the third biggest ever given to an outfielder. Only Manny Ramirez, guaranteed $160 million by the Red Sox, and Alfonso Soriano, $136 million from the Cubs, ever received more.

According to ESPN’s Buster Olney, Werth’s deal has “stunned people in the game” and “execs are going nuts about the terms.”

He adds that the last contract to generate the same kind of furor was Kevin Brown’s seven-year, $105 million deal with the Dodgers signed way back in 1998.

We’re guessing that’s hyperbole, but this is the kind of thing that can happens when a down-and-out team needs to make a splash. It brings to mind the Tigers spending $40 million on Ivan Rodriguez in 2004 and $75 million on Magglio Ordonez the following winter.

But Werth is hardly the first player to exceed expectations this winter. John Buck, who received a $2 million deal last winter, got three years and $18 million from the Marlins. Setup man Joaquin Benoit received a three-year, $16.5 million contract from the Tigers. Juan Uribe, who certainly wasn’t offered any multiyear contracts as a free agent both of the previous two wints, received $21 million over three years from the Dodgers.

So, Carl Crawford and Cliff Lee have to be licking their lips. The Angels and Red Sox can claim all they want that the Nationals overpaid for Werth because of their situation, but Crawford is the better bet of the two going forward and he has a great argument for an eight-year deal now. Lee would certainly seem to be worth $23 million per year in this climate.

It may not happen this week, but odds are that Werth’s megadeal is going to be topped at least twice in the near future and probably again in the spring in a Red Sox extension with Adrian Gonzalez.

Jeff Locke signed by the Marlins

LOS ANGELES, CA - AUGUST 13: Relief pitcher Jeff Locke #49 of the Pittsburgh Pirates throws against the Los Angeles Dodgers during the eighth inning of the baseball game at Dodger Stadium Stadium August 13, 2016, in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)
Getty Images
Leave a comment

Ken Rosenthal reports that the Marlins have signed lefty Jeff Locke. Terms have yet to be disclosed.

Locke was non-tendered by the Pirates last week after putting up a 5.44 ERA over 127.3 innings in 2016. He’s just 29 and, even if he’s never been super great or anything, he has pitched better in the past, posting a career 4.16 ERA before last season.

Quote of the Day: Kevin Cash gets a dig in on Chris Sale’s jersey-shredding ways

ST. PETERSBURG, FL - SEPTEMBER 21:  Manager Kevin Cash of the Tampa Bay Rays smiles as players on his bench celebrates a home run during the third inning of their game against the New York Yankees at Tropicana Field on September 21, 2016 in Tampa, Florida. (Photo by Joseph Garnett Jr. /Getty Images)
Getty Images
6 Comments

OXON HILL, MD — Rays manager Kevin Cash got a good dig in on the Red Sox’ newest pitcher this morning.

Sale, as you likely remember, made headlines in July when he was suspended for five games and fined after shredding the White Sox’ 1977 throwback jerseys with a razor blade because he thought they were uncomfortable and didn’t want to wear them. The uniforms Sale destroyed cost the club $12,000.

Sale is with the Red Sox now, of course, and as a new division rival, Cash was asked to comment on Boston’s acquisition of the lefty. Here’s what he said:

Q. What was your first reaction yesterday when you saw or heard what Boston did?

CASH: No, it helped — our marketing department can now figure out when to do throwback jersey day, so we’re good.

Sick burn.