Jon Heyman of CBS Sports says “word is” the Dodgers may try for “another big free-agent starter.”
And it’s pretty easy to believe those whispers.
According to Jeff Passan of Yahoo! Sports, the Dodgers have $210.1 million in salary commitments for 2013 and will pay another $22 million in luxury tax (for a total sum of $233+ million). But their new 25-year local television contract with FOX Sports West is going to bring in over $240 million per season and so they’re still — as amazing as it might sound — operating with great comfort financially.
The Cardinals, for comparison, make under $30 million annually from their television rights deal with FOX Sports Midwest, which is locked in through 2017. Their player payroll in 2012 was just over $110 million.
The Dodgers could sign Anibal Sanchez, or Kyle Lohse, or finally work out an agreement with Korean left-hander Ryu Hyun-Jin, knowing full well that the club will still be highly profitable. Big national television money is coming, and Dodger Stadium hosts three million fans practically very summer. Then there’s the high-dollar revenue from things like merchandise, concessions and parking.
Handing a record-breaking free agent contract to a guy who’s not even an ace seems crazy, but it simply isn’t for the Dodgers. And they’re not done yet.
ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.
The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.
“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”
He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.
Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.
His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.
He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.
Gallegos has a $2.41 million salary this year.
He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.