stack of money

Cliff Lee did not leave a ton of money on the table

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UPDATE:  I somehow missed a Jerry Crasnick tweet on this that said that the Phillies offer had either a $27.5 million vesting option for 2016 or a $12.5 million buyout.  If so, that makes the Phillies deal that much better. In fact, it probably makes it better than the Yankees’ deal in absolute terms as well as average value, depending on what triggers the vesting option. The remainder of below the analysis stands as-is for dynamic, even if some of the specifics are screwy.

9: 44 AM: As LeePocalypse was going down last night, the conventional wisdom was that Lee was going to take substantially less money to go back to Philly than he would have received had he gone to New York.  While the details are still emerging this morning — and while some math is involved and we all hate math — it appears that the Phillies offer was superior in terms of average annual value to that which the Yankees were offering, even if it was a shorter guaranteed deal.

The best information we have right now is that the Phillies will pay Lee $120 million over five years. That breaks down to $24 million a year.  The Yankees guaranteed offer was for six years and $132 million, which is $22 million a year.  Of course there was a $16 million player option on there for 2017, which would make it a $148 million deal over seven years, at just over $21 million a year. For what it’s worth, the Rangers are reported to have offered two deals: a six-year, $120 million offer and a seven-year $138 million offer, though that would have been heavily back loaded.

The key here, obviously, is that under the Phillies deal, he could make a lot more money in year six if things go well for him than he would have if he took the Yankees’ deal, for he will be a free agent in year six rather than be “stuck” with a $22 million one-year deal. If he flames out by year six, sure, he’s out the $22 million he would have made that year plus the player option (and minus any salary he can snag elsewhere). But if he remains a front-of-the-rotation starter, he’s on a presumably inflated market come November 2015.

Ultimately, then, this was less an act of selflessness on Cliff Lee’s part — less an act of giving it up to go back to Philly — than it was a gamble on himself.  If Cliff Lee is worth his contract — and he certainly believes he will be, because that’s how human beings work — he’ll come out ahead for having taken the Philly deal.

If not? Well, then at least he’s the highest paid pitcher in baseball for a good long while, and that ain’t anything to sneeze at.

Diamondbacks, A.J. Pollock avoid arbitration with two-year contract

Arizona Diamondbacks center fielder A.J. Pollock drives in two runs against the Cincinnati Reds during the eighth inning of a baseball game, Thursday, Aug. 20, 2015, in Cincinnati. (AP Photo/Gary Landers)
AP Photo/Gary Landers
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Steve Gilbert of MLB.com reports that the Diamondbacks and outfielder A.J. Pollock have avoided arbitration by agreeing to a two-year extension. The deal is worth $10.25 million, per ESPN’s Buster Olney.

Pollock was arbitration-eligible for the first time this winter. The 28-year-old requested $3.9 million and was offered $3.65 million by the Diamondbacks when figures were exchanged on January 15. It wasn’t much of a gap, but the two sides were ultimately able to find common ground on a multi-year deal. Pollock will still be under team control for one more year after this new deal expires.

Pollock is coming off a breakout 2015 where he batted .315/.367/.498 with 20 home runs, 76 RBI, and 39 stolen bases over 157 games. He ranked sixth among position players with 7.4 WAR (Wins Above Replacement), according to Baseball Reference.

Report: Blue Jays and Josh Donaldson agree to two-year, $29 million extension

Toronto Blue Jays' Josh Donaldson celebrates his two run home run against the Kansas City Royals during the third inning in Game 3 of baseball's American League Championship Series on Monday, Oct. 19, 2015, in Toronto. (AP Photo/Paul Sancya)
AP Photo/Paul Sancya
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The Blue Jays and 2015 American League Most Valuable Player Josh Donaldson have avoided arbitration by agreeing to a two-year, $29 million contract, reports Shi Davidi of Sportsnet.ca.

Donaldson was arbitration-eligible for the second time this winter. He filed for $11.8 million and was offered $11.35 million by the Blue Jays when figures were exchanged last month. It wasn’t a big gap, but since the Blue Jays are a “file and trial” team, they bring these cases to an arbitration hearing unless a multi-year deal can be worked out. As opposed to last winter, they were able to avoid a hearing this time around. Donaldson was originally a Super Two player, so he’ll still have one year of arbitration-eligibility once this two-year deal is completed.

The 30-year-old Donaldson is coming off a monster first season in Toronto where he batted .297/.371/.568 with 41 homers while leading the American League with 123 RBI.

Giants and Brandon Belt have an arbitration hearing scheduled for Wednesday

San Francisco Giants'  Brandon Belt reacts after being called out on strikes by home plate umpire Jim Joyce to end the top of the first inning against the Colorado Rockies in a baseball game Friday, Sept.. 4, 2015, in Denver. (AP Photo/David Zalubowski)
AP Photo/David Zalubowski
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Brandon Belt filed for $7.5 million and was offered $5.3 million by the Giants when arbitration figures were exchanged last month. That’s a pretty sizable gap. While there’s still a chance that an agreement will be worked out at the last minute, Henry Schulman of the San Francisco Chronicle reports that an arbitration hearing is scheduled for Wednesday.

The Giants haven’t gone to an arbitration hearing since 2004, when they lost to catcher A.J. Pierzynski. Schulman hears from one person involved that because of the gap between Belt and the Giants, there’s a real chance this will break that string and require a hearing.

Belt batted .280/.356/.478 with 18 home runs and 68 RBI over 137 games in 2015, but he dealt with concussion symptoms for the second straight season. An arbitration hearing could bring some unpleasant conversation to the surface.

Padres sign veteran utility player Skip Schumaker

Cincinnati Reds' Skip Schumaker is tagged out at home plate by San Francisco Giants' Buster Posey during the seventh inning of a baseball game Tuesday, Sept. 15, 2015, in San Francisco. (AP Photo/Ben Margot)
AP Photo/Ben Margot
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The Padres have inked veteran utility player Skip Schumaker to a minor league contract, per FOX Sports’ Ken Rosenthal.

Schumaker, who turned 36 last week, has spent the last two seasons with the Reds. He batted .242/.306/.336 with one home run and 21 RBI over 131 games last season while making starts between all three outfield spots and second base. Cincinnati cut ties with him in November after declining a $2.5 million club option for 2016.

While Schumaker had to settle for a non-guaranteed deal here, it would be no surprise to see him land a bench job with the Padres come Opening Day.