Torrealba signs with the Padres, costs himself a bunch of money

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He’s not quite in Russell Branyan territory, but we now know that Yorvit Torrealba cost himself a bunch of money by turning down a good offer early in the offseason.
Six weeks ago Torrealba reportedly turned down a two-year deal from the Rockies worth around $5 million, with talks apparently breaking up over a difference of $400,000 or so. Colorado quickly moved on, signing Miguel Olivo for $2 million, and that left Torrealba scrambling for work until he finalized a one-year deal with San Diego this afternoon.
ESPN.com’s Buster Olney has the details of Torrealba’s contract, which includes $750,000 in base salary for 2010 along with a $3.5 million mutual option or $500,000 buyout for 2011. In other words, odds are that Torrealba will end up making $1.25 million for one season before hitting the open market again next winter. So for a difference of about $400,000 he probably cost himself nearly $4 million.
Torrealba will probably feel better about his decision when Johnny Damon signs for $10 million less than the Yankees were offering, but $4 million is still $4 million.

Report: Mets sign Wilson Ramos to two-year, $19 million deal

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The Mets have signed catcher Wilson Ramos to a two-year deal, SNY’s Andy Martino reports. The total value of the contract is $19 million, per Fancred’s Jon Heyman.

Ramos, 31, split last season between the Rays and Phillies, putting up one of the best offensive seasons among catchers. In 416 total plate appearances, he hit .306/.358/.487 with 15 home runs and 70 RBI.

Ramos will presumably get the lion’s share of plate appearances behind the plate with Travis d'Arnaud backing him up. Grandal was made a qualifying offer, so the Mets would have had to forfeit a draft pick to sign him. And, of course, Realmuto would have cost prospects. Ramos simply costs money.

The Mets were aggressively pursuing a catching upgrade, having been involved in rumors surrounding J.T. Realmuto and Yasmani Grandal, but ultimately settled on Ramos. New GM Brodie Van Wagenen has made a significant impact on the team already, having also added second baseman Robinson Canó and closer Edwin Díaz from a trade with the Mariners.