With the 30-day negotiating window set to expire this afternoon Yu Darvish and the Rangers have agreed to a six-year contract that will bring the Japanese phenom to Texas, with Jeff Passan of Yahoo! Sports reporting that the deal is worth $60 million with an additional $10 million in potential incentives.
Last month the Rangers bid $51,703,411 for exclusive negotiating rights to Darvish, who at age 25 has won two Pacific League MVP awards and is 93-38 with a 1.99 ERA in seven seasons.
That posting fee goes to Darvish’s old team, the Nippon-Ham Fighters. Had the two sides not reached an agreement on a contract the Rangers would have been refunded the entire amount and Darvish would have remained in Japan for this season.
With a total investment of nearly $112 million the Rangers are paying about 10 percent more for Darvish than the Red Sox did for Daisuke Matsuzaka in 2006, when they spent $51,111,111 on the posting fee and signed him to a six-year, $52 million contract. Matsuzaka has been a disappointment in Boston with a 4.25 ERA in 105 starts while struggling with injuries and control, but Darvish is generally considered a better, higher-upside pitcher than Matsuzaka was in 2006.
Darvish essentially replaces C.J. Wilson in the Rangers’ rotation for about $34 million more, although with Neftali Feliz expected to become a starter after two years as Texas’ closer one of Alexi Ogando, Matt Harrison, or Derek Holland is bullpen bound. Ogando, who spent his rookie season as a full-time reliever before having success as a starter last year, has already said he’d be willing to move back to the bullpen to make room for Darvish.
The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.
Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.
Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.
Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.
He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:
Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.