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« Brewers Not Interested In Feliz | Main | Miguel Cabrera Gets $11.3MM »
As I mentioned earlier, I won't post about every one-year deal reached for arbitration-eligible players since they are quite common. However many of the multiyear contracts reached deserve a mention.
Matt Holliday, a Scott Boras client, signed a two-year, $23MM deal today with the Rockies. When the deal is up after the 2009 season he'll be a free agent. That Holliday required this amount for two years shows what a fine deal the Rays struck with Carlos Pena. I wonder if Boras recommended against the contract Pena signed.
Perhaps Holliday's extension indicates that the two sides have similar enough thinking that a longer-term deal could be reached before he reaches free agency. Hard to say.
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dont forget about Willy Tavarez signing --
http://sports.espn.go.com/mlb/news/story?id=3202974
1 year, 1.975m with inscentives.
Posted by: bronx | January 18, 2008 at 12:53 PM
Tough to say Pena signed for a discount by calling the value for Pena and Holiday even... Holiday has shown more than one year have great production.
Posted by: MJJ2728 | January 18, 2008 at 12:58 PM
Boras just confuses me. He should have pushed Pena to sign for more... maybe it was Pena showing gratitude for the Rays having faith in him.
Posted by: IowaCubs | January 18, 2008 at 12:59 PM
If Holliday got 2 X 11.5, I expect the Rockies to negotiate him long term.
Posted by: studio179 | January 18, 2008 at 12:59 PM
They may not be even but Holliday is not 40% better...
Posted by: Tim Dierkes | January 18, 2008 at 01:20 PM
Couldn't disagree more...Holiday is absolutely 40% better. Pena had one good season, at 29 years old, which is more likely to be a fluke than a sign of things to come. At 26 and 27, Holiday hit .326 and .340 with over 30 HR. That's at least 40% better.
Posted by: metsdude13 | January 18, 2008 at 01:29 PM
Actually looking at the salary breakdown, Holliday gets 60% more over 2008-09...
Posted by: Tim Dierkes | January 18, 2008 at 01:30 PM
No way. Holliday was worth 9.7 wins in '07, Pena 9.9.
Plus Holliday basically becomes Josh Willingham when he's not in Coors.
Posted by: Tim Dierkes | January 18, 2008 at 01:45 PM
Holliday career OPS+: 129
Pena career OPS+: 124
Holliday and Pena are closer than people think. And like Tim Dierkes says, Holliday is crap outside of Coors.
Posted by: Victor | January 18, 2008 at 02:12 PM
So? They're paying Holiday to play in Coors 81 games a year. Plus, .301/.374/.485 isn't crap. Also, you can't just look at two years of a three year contract vs. a two year contract. Players always take somehwat less money for the security. If Pena reverts to his old form he'll be making way more than he's worth - he is way more of a risk than Holiday, which has to factor into the cost.
Posted by: metsdude13 | January 18, 2008 at 02:18 PM
I don't see how this helps the Rockies. They didn't buy out any free agent years, nor did they save much (if any) money compared to going a year at a time. This is basically what the Rangers did with Teixeira before 2006, which didn't seem to help them with a long-term deal.
Pena traded money and a year of free agency for security, Holliday traded nothing for money AND security.
Posted by: ryne | January 18, 2008 at 02:28 PM
ryne: Holliday and the Rockies avoided arbitration. That extra year could have been worth 20mil
Posted by: IowaCubs | January 18, 2008 at 03:02 PM
Tim is right on this. Holliday is very average outside Coors. Ok, a little above average. You can argue they pay him to play 81 games at Coors, but the point is someone like Pena could produce like that at Coors too for a lot less money.
Posted by: brian2706 | January 18, 2008 at 03:24 PM
I'm just sayin' they're fairly comparable but Holliday is making way more money. Even with all the caveats about Pena being older and trading dollars for security (though that $10 mil Pena is getting in 2010 more a favor to the team than him).
Posted by: Tim Dierkes | January 18, 2008 at 04:23 PM
I assume this was just espn screwing up, but during halftime of the Heat-Blazers game, they showed the Holliday deal being 2 yrs/36 mm. No articles that I've read on it say anything but 2 yrs/23 mm, and incentives. Weird.
Posted by: Matt939 | January 18, 2008 at 07:41 PM
Pena likes playing in St. Petersburg. There is absolutely no pressure to perform above average and he can use the home field to his advantage. He hit several "catwalk" HRs last year and is sure to repeat that feat this year. For a guy that failed to beat out Greg Norton for a roster spot out of Spring Training(Norton sprained an ankle at the end of SP, saving Pena from starting the season at AAA),I'd say he hit the jackpot on this new contract. Somehow, I've got a hunch that last year was an aberration.
Posted by: HoratioAlgae | January 18, 2008 at 09:36 PM
Pena is going to be 30 in May. He has had 1 really good season. The year before he was cut by multiple teams. He got a 3 year deal not 2. He had career year in BA/OBP/SLG. I think it is a lot more likely he will hit .250/.340/.450 like he was averaging up to this year than the monster numbers he put up this year.
Posted by: Ripwa | January 18, 2008 at 10:25 PM
There is this guy that is a pretty good hitter now, one of the most feared in baseball in fact. He didnt really become anything special until 2003. His age 28 season. Before that his numbers were pretty pedestrian at best. His name is David Ortiz. I am just saying, people who have written off Pena need to remember Ortiz and how he was a very average player and he hit his late 20's, something clicked, and he became a monster. Sometimes it just takes certain guys longer to hit their stride. Lets wait and see before we bash the guy.
Posted by: nrmax88 | January 19, 2008 at 07:37 AM