Fresh off negotiating multi-year contract extensions for clients Jay Bruce and Ricky Nolasco, agent Matt Sosnick fielded some questions from Jason Rosenberg of It’s About the Money.
The entire interview is worth a gander, as is Rosenberg’s first — and much lengthier — interview with Sosnick from 2008. However, I found this succinct answer to be rather entertaining.
IIATMS: More of a macro question… it has been quite the memorable offseason with Boston’s two huge acquisitions, Phillies’ surprise acquisition of Cliff Lee and the WhiteSox double dip of Dunn and Konerko. Detroit, too, has been aggressive while the Yanks have come up uncharacteristically empty. What takeaways do you have from the 2010 offseason?
MS: I think this off-season shows that the game is very healthy from a financial standpoint.
You know, sometimes you don’t need an emoticon. You can bet Sosnick was smiling ear-to-ear when he wrote that.
Phil Hughes was officially designated for assignment by the Twins on Tuesday, the culmination of multiple injury-plagued seasons and poor performance.
Things couldn’t have started out much better for Hughes in Minnesota. The former Yankees hurler joined the Twins on a three-year, $24 million contract in December of 2013 and reeled off a 3.52 ERA over 32 starts during his first season with the club. He set the MLB record (which still stands, by the way) for single season strikeout-to-walk ratio and even received some downballot Cy Young Award consideration. The big year resulted in the two sides ripping up their previous agreement with a new five-year, $58 million deal, but it was all downhill after that.
Hughes took a step back with a 4.40 ERA in 2015 and struggled with a 5.95 ERA over 11 starts and one relief appearance in 2016 before undergoing surgery for thoracic outlet syndrome. He wasn’t any better upon his return last year, putting up a 5.87 ERA in nine starts and five relief appearances. Hughes missed time with a biceps issue and required a thoracic outlet revision surgery in August. He began this year on the disabled list with an oblique injury, only to put up a 6.75 ERA over two starts and five relief appearances before the Twins decided to turn the page this week.
Hughes is still owed the remainder of his $13.2 million salary for this year and another $13.2 million next year. The deal didn’t work out as anyone would have hoped, but unfortunately this is another case of health just not cooperating.