Cubs GM Jim Hendry says Carlos Zambrano's contract wasn't a bad deal … and he's right

3 Comments

At this point anything having to do with Carlos Zambrano seems like a disaster, but general manager Jim Hendry said yesterday that the five-year, $91.5 million extension the Cubs gave the now-suspended right-hander in mid-2007 was a perfectly reasonable deal:

There was nothing wrong with the investment. This guy was an outstanding pitcher in the National League, in the game, for the four, five years before that. There was no question that the deal was a solid one in the industry. He certainly would have been one of the hotter tickets on the street if that thing went to the end of the season.

This guy pitched a lot of innings, won a lot of games. Really, over the body of work, pitched as well as anybody in the National League for a three, four year period. He certainly pitched well enough to earn that contract whether it’s here or somewhere else.

And you know what? He’s right.

At the time of the deal there were certainly some signs that Zambrano wouldn’t age particularly well, because his performance had already slipped a bit and he’d racked up a ton of mileage on his arm. However, he was a 26-year-old workhorse with an 82-55 record and 3.41 ERA in nearly 1,200 career innings, including five straight 200-inning seasons and top-five Cy Young finishes in three of the previous four years.

There’s some room for debate about whether the Cubs should have committed themselves to five more years of Zambrano, but there’s no question $91.5 million represented significantly less than he would have received on an open market that was much more flush with cash than the current version. That was $35 million less than Barry Zito got from the Giants just six months earlier, and that same offseason the Cubs gave $136 million to Alfonso Soriano.

Perhaps the Cubs should have seen this coming, whether from a performance or personality standpoint, but if anything investing $91.5 million over five seasons in a 26-year-old Zambrano was a bargain in the ’07 market.

Ken Giles: ‘I’m actually enjoying the game more than I did for my entire tenure in Houston’

Brian Davidson/Getty Images
3 Comments

Blue Jays closer Ken Giles hasn’t exactly turned things around since joining the Blue Jays on July 31, when the club sent embattled closer Roberto Osuna to the Astros. Giles posted a 4.99 ERA in 30 2/3 innings with the Astros, then put up a slightly less miserable 4.58 ERA in 17 2/3 innings with the Jays. Still, he’s much happier with the Jays than he was with the Astros, even after winning the World Series with them last year. He said to Rosie DiManno of the Toronto Star, “I’m actually enjoying the game more than I did for my entire tenure in Houston. It’s kind of weird to say that because I won a World Series with that team. But it’s like, I just felt trapped there. I didn’t feel like myself there. Overall, I felt out of place.”

Giles also said “the communication was lost” with the Astros and it was something that came easy with the Jays. He said, “When I came here, they stayed patient with me. I said hey, I want to work on this thing till I’m comfortable. All right. OK, I’m comfortable, let’s move on to this next thing. Pitching, you can’t just try to fix everything at once. For me, I had to take baby steps to get my groove back. The Jays allowed me to do that. Yeah, the team was out of contention, but it doesn’t matter. It’s still my career. I still have to prove myself. Them being so patient with me, understanding what I want to do, was very, very big.”

Giles, 28, has two more years of arbitration eligibility remaining. He has shown promise despite his overall mediocre numbers. In non-save situations this season (with both the Astros and Jays), he has a 9.12 ERA. But in save situations, his ERA is a pristine 0.38. Giles could be a closer the Jays find themselves leaning on as they attempt to get back into competitive shape. Since it sounds like Giles is quite enamored with Toronto and with the Blue Jays, a discussion about a contract extension certainly could be had.