Phillies sign Cuban pitcher Miguel Alredo Gonzalez to revised deal at $36 million discount

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Back in mid-July the Phillies and Cuban right-hander Miguel Alfredo Gonzalez reportedly agreed to a six-year, $48 million contract, but that deal fell apart over concerns about the health of his elbow.

Today the Phillies announced that they’ve officially signed Gonzalez, but the contract is for three years and $12 million, with a vesting option for 2017. That’s a helluva discount and, considering Gonzalez remained a free agent after the initial deal fell through, suggests the Phillies weren’t the only team worried about his health.

Before the injury issues popped up Gonzalez was generally viewed as a potential mid-rotation starter and someone capable of getting to the majors very quickly at age 26, so if he stays healthy the Phillies may have gotten themselves a bargain by not shying away from the risk.