You might remember that Tigers right-hander and 2013 AL Cy Young Award winner Max Scherzer rejected a six-year, $144 million contract extension from the Tigers in the spring. It was a calculated risk for a pitcher who could hit it big on the free agent market this winter. However, he has a Plan B if something goes terribly awry in the coming months.
Tom Verducci of SI.com has the story:
Scherzer revealed to SI.com that he took out an insurance policy that covers lost potential earnings if he is injured prior to hitting the free agent market this winter.
“This takes the injury risk out of it,” said Scherzer, who did not specify if the policy covered all or most of the $144 million.
It’s not like Scherzer will be hard-up for cash if hurts his arm tomorrow and never plays again. Including this year’s $15.525 million salary, he has made almost $30 million during his career. Still, it’s a smart and logical move for him. This kind of thing is probably more common than we realize, though Scherzer’s situation obviously commands more attention since he could fetch a $200 million deal this winter if all goes according to plan for him and his agent Scott Boras.
SportsDash: Jeff Passan explains why Scherzer’s arm is so expensive
UPDATE: (11:36 AM EDT, Wednesday): The deal has been announced by both clubs. The A’s will be receiving left-handed pitcher Colt Hynes. Hynes is 31. He’s pitches seven games in the big leagues and has spent ten years in the minors with a 3.62 ERA in 456 games, almost all in relief.
Update (7:49 AM EDT, Wednesday): Susan Slusser hears word that, yes, the deal is official.
Update (7:20 PM EDT): John Hickey of the Bay Area News Group reports that Crisp has indeed been traded, but there won’t be an official announcement until Wednesday. Crisp has already left the Athletics’ clubhouse.
Steve Adams of MLB Trade Rumors is reporting that the Athletics and Indians are making progress on a trade that would send outfielder Coco Crisp to Cleveland. Jon Morosi of FOX Sports confirms Adams’ report. Crisp, who has 10-and-5 rights, has waived them in order to facilitate a deal.
Crisp, 36, is owed the remainder of his $11 million salary for the 2016 season and has a $13 million option for the 2017 season that vests if he reaches 550 plate appearances or plays in 130 games this season. He has already played in 102 games and logged 434 PA, batting .234/.299/.399 with 11 home runs and 47 RBI.
The Indians are still looking to bolster the outfield. Michael Brantley is expected to miss the rest of the season, Bradley Zimmer may not yet be ready for the majors, and Abraham Almonte is not eligible to play in the postseason after testing positive for boldenone in February.
I met some guy on a hike a couple of months ago who used to be married to a close friend or a cousin or something of Indians pitcher Zach McAllister. I forget the details but it was some tenuous relationship like that. No different than a lot of brush-with-fame stories you get from Triple-A towns like Columbus, where McAllister spent some time.
Anyway, the guy met McAllister a couple of times. They didn’t really talk about much but the guy said he remembers McAllister talking about just how hard baseball was. In terms of the skills required and the mastery of it even if you are blessed with those skills. And, of course, the mental strain of it all when you’re at that place, as McAllister was at the time, when your career can either be made or broken by what the big club thinks of you. He was 22 or 23 then, and if he hadn’t been called up soon, he might’ve gone from prospect to organizational guy and that’s a lot of money left on the table.
Anyway, the point of it all was that this guy I was hiking with — not a big baseball fan — was super impressed with McAllister and said he hadn’t thought about just how hard professional sports were to even the guys who are insanely gifted at playing professional sports. I don’t think most of us think about that as much as we probably should.
Then again, sometimes players make it look easy. Like McAllister did last night when he threw a pitch to Kurt Suzuki, kicked the line drive that was hit back to him into the air and caught it on the fly: