Just like the Marlins did in acquiring free agent shortstop Jose Reyes, the Angels are dabbling in some dangerous backloading in their 10-year, $254 agreement with first baseman Albert Pujols.
According to ESPN’s Jerry Crasnick, Pujols will get just $12 million in 2012 and $16 million in 2013.
Because of those low early salaries, the deal jumps to over $30 million annually near its conclusion.
The Angels recently signed off on a huge television contract that will guarantee them between $100-$150 million per season over the next 20 years, and they have a dedicated fanbase in Southern California that generates yearly attendance totals over 3 million. But we’re thinking there will come a day when the Angels’ higher-ups greatly regret the structure of the Pujols deal. He’ll be 41 years old when the 10-year pact expires, and he’s already showing subtle signs of decline. Remember, Pujols also got a full no-trade clause.
The Reds have signed free agent reliever Oliver Perez to a minor-league contract, the team announced Saturday. The deal comes with a major-league invite and could be worth $1.25 million if Perez secures a roster spot this spring, with an additional $500,000 in potential performance bonuses.
Perez, 36, is coming off of a two-year run with the Nationals. He produced a 4.64 ERA, 3.3 BB/9 an d10.6 SO/9 through 50 relief appearances and 33 innings with the club in 2017. The veteran lefty hasn’t kept an ERA under 4.00 in at least four seasons, but he continues to be undeniably solid against left-handed batters, holding them to a .227/.301/.364 batting line over 18 1/3 innings last year.
While returning southpaw Wandy Peralta appears to have locked down a bullpen spot already, Perez will still compete for another role against fellow left-handers Cody Reed and Amir Garrett, both of whom also have experience in the rotation. If Perez doesn’t break camp with the team, MLB.com’s Mark Sheldon notes, he’ll be permitted to opt out of his contract. The Reds are currently looking to bounce back from a dismal performance in 2017, one in which their bullpen ranked 28th among major league teams with a collective 5.63 ERA and -1.2 fWAR.