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

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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.

Report: Athletics to acquire Stephen Piscotty from the Cardinals

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Jon Heyman of FanRag Sports reports that the Athletics and Cardinals have agreed on a trade involving outfielder Stephen Piscotty. The Cardinals will receive two as yet unknown minor leaguers in return.

Piscotty, 26, hit .235/.342/.367 with nine home runs and 39 RBI in 401 plate appearances for the Cardinals this past season. He dealt with injuries and with his mother’s ALS diagnosis, so it was a rough year, but very excusably so. The Cardinals had signed him to a six-year, $33.5 million contract extension in March. He’s under contract through 2022 at a total of $29.5 million and has a club option for 2023 worth $15 million with a $1 million buyout.

The Cardinals had an outfield spot open up after agreeing to acquire Marcell Ozuna from the Marlins on Wednesday so the Piscotty trade doesn’t come as a surprise.