No official details yet on Brandon Webb’s one-year contract with the Rangers, but Buster Olney of ESPN.com reports that the deal is worth around $3 million in guaranteed money plus undisclosed incentives.
Webb earned $6.5 million to make one start in 2009 and then the Diamondbacks picked up his $8.5 million option for 2010 only to get zero innings for their money.
Early in the offseason there were reports of Webb seeking a one-year deal for similar guaranteed money, but clearly after one shoulder surgery and two lost seasons no one was going to commit $7-8 million upfront.
Getting him for $3 million is a worthwhile gamble for the Rangers, who’ll gladly pay whatever incentives are built into the deal if Webb can come anywhere close to the dominant ace from 2003-2008.
UPDATE: Jerry Crasnick says the incentives could push the total value to around $8-10 million.