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Hanley Ramirez Contract Details
Hanley Ramirez's six-year, $70MM deal will be officially announced Saturday. MLB.com's Joe Frisaro has the details of the contract.
Basically the deal pays $23.5MM for Ramirez's three arbitration years and $46.5MM for his first three years of free agency. It's also been confirmed that the deal lacks no-trade provisions. I know we always label these young-player long-term deals as team-friendly. But this one takes the cake. That's not a knock on Ramirez - if I had his talents I'd certainly exchange maximum dollars for immediate security. How about you?
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Yeah, it is easy for us to say he should have waited. If you are going to give me a choice between a gaurunteed 70 million, and a possible 230 million in 4 years if nothing goes wrong, I am taking the 70 million. Its not exactly chump change, and its not like this will be his last contract (hopefully).
Posted by: nrmax88 | May 16, 2008 at 10:53 PM
By the way, this is random, but funny as hell. Check it out, Jason Giambi wears thongs under his uniform when he is trying to break out of a slump. Classic.
Posted by: nrmax88 | May 16, 2008 at 10:56 PM
No doubt. Unless I'm coming from plenty of money, I'm taking $70MM over the possibility of $140MM every time. Whatever regrets you have about not doubling your contract in a best case is nowhere near the regret of passing on $70MM if you get hurt and never make more than a couple million.
Posted by: Not Joe Morgan | May 16, 2008 at 11:09 PM
To play devil's advocate, I would have to disagree with the length of the contract. Ramirez had the opportunity to set new levels in arbitration-much like Ryan Howard. If he had gone to arb, it is hard to imagine him getting less than Howard, considering the .330 average and 30+HRs. Signing a deal to go through arb years AND FA years will prove to be a mistake in Hanley's checkbook. He had the opportunity to be the real "Next $200M" player, and because he has had no real risk of injury, the security of $7.5M/yr of the guaranteed contract seems insignificant to the potential he could have earned 3 year younger coming into free agency.
Posted by: B Fu | May 16, 2008 at 11:22 PM
sorry, meant to post this with my comment about giambi but it didnt go through for some reason.....
http://www.nydailynews.com/gossip/2008/05/16/2008-05-16_jason_giambi_wears_thong_when_in_slump_s.html
Posted by: nrmax88 | May 17, 2008 at 02:41 AM
I say he made the right choice. 70 mil is a massive amount of money
Posted by: TheHall | May 17, 2008 at 09:53 AM
B Fu,
I already bagged on your equally ridiculous comment about Braun's contract so I won't get into it again.
But "no real risk of injury"
These guys are professional athletes who ask their bodies to perform completely unnatural acts over and over again on a daily basis. A base running collision, a caught spike, collision with an OF on a popup,..........
His risk of injury may not be any more than every other player in the game, but it is very real.
Posted by: benjoua | May 17, 2008 at 09:29 PM