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Kyle Lohse Signs Extension

6:04pm: The deal is official - four years, $41MM according to the AP.  Lohse also gets a full no-trade clause.  It's a bit better than the Silva price.

10:19am: According to Derrick Goold and Joe Strauss of the St. Louis Post-Dispatch, the Cardinals plan to finalize a four-year extension for starter Kyle Lohse this morning.  Sources tell Goold and Strauss the deal will be similar to Carlos Silva's four-year, $48MM contract.

It may be tempting to call this a loss for Scott Boras, since his client chose not to test the open market.  Lohse settled for $4.5MM in March this year after turning down a three-year, $21MM offer from the Phillies.  However, Boras still comes out a winner as the Cardinals are not getting any kind of discount.  Plus, taking the Phillies' offer would've been a mistake.

I'm with Viva El Birdos on this one - there's no upside to signing Lohse at this price. What are the odds this deal looks solid even halfway through?

Goold and Strauss say the Cardinals earmarked about $15-16MM for the rotation this winter.  That means Lohse is the big signing and the other pitcher will be a bargain buy.  The Cards will use another $15MM or so to fill other needs.  Brian Fuentes and Orlando Hudson could be considerations.


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This is a curious signing. For a team that has been able to rebuild guys like Lohse, Weaver, Looper, etc., paying $12 M for a guy like Lohse over four years doesn't make a ton of sense. Better off w/draft picks and another reclamation project.

I think this is a good deal. IT get Lohse off the open market, which of who could of got him, The Cubs, Astros, Reds or Brewers. All four teams are probally going to look for a starter with the quilifacations of Lohse. He is not the best pitcher, but if STL take him off the market, then other teams will not be able to use him to beat the Cardinals.

Did Bill Bavasi, Special Assistant to the Reds GM come over to help the Cardinals?

Lohse is very obviously having a career year. If he had a year similar to any of his other years, he wouldn't be getting considered for such a contract (except by Bavasi).

If the Cards are tired of the reclamation projects, why not go after a pitcher who is more proven? Although that could easily turn into a disaster (Mulder, anyone?), its less likely to. Especially when prospects aren't involved.

Knuffy- So, the A's should have kept Zito to keep him away from the Rangers (who were one of the top bidders for Zito)? Especially since the Rangers' offense has ALWAYS been better than the A's.

Good signing for the Cardinals, I'm very happy to see them lock up guys like Lohse to large contracts that aren't going to end well. I'm a Cub fan and this makes me happy. Enjoy his 2008 season Cards fans, that's as good as it's going to get and now you've got $12 million less to pay better pitchers every year for the next four years.

Lohse was a bad investment at 4/40 last Offseason, he's still a bad investment at 4/48. If the Cardinals could have kept this around 3/21, it might have been a good deal for them.

Still, they have Dave Duncan, so he can probably make it look better then it should.

Bernie Miklasz of the Post Dispatch is reporting that the Lohse deal is done and he'll get upwards of $10 million a year over 4 years.
-----

Contract length is a bit long, but dollar wise it's not bad.

This is a mistake, the Cardinals would've been better off figuring out how much it would cost to get a legitimate top of the rotation guy first.

I know this is only one point of data. And part of the money could been seen as paying a guy for a good season. But man it does not bode well teams looking to sign a starter or two and not tie the equivalent of the Marlins payroll in just 2 guys.

"This is a mistake, the Cardinals would've been better off figuring out how much it would cost to get a legitimate top of the rotation guy first."

All they have to do is look at what they pay Adam Wainwright to know that. He is easily a 1 or 2 when healthy, and this year's injury seemed to be the freak type.

"This is a mistake, the Cardinals would've been better off figuring out how much it would cost to get a legitimate top of the rotation guy first."

Adam Wainwright? Chris Carpenter when healthy (although, when is that?).

And, daveinexile is right. This set the market. Scott Boras walked away with a HUGE win. He set the market early for his other similar clients (Oliver Perez, Derek Lowe, Brad Penny, etc.) to get way overpaid

cubs fans are the last ones that should be mocking any other team for throwing excessive amounts of money at a player

I was in no way saying the Cards didn't have a top of the rotation starter, Wainwright is definately that. I was just saying that if they are willing to pay 4/48 for a solid 3/4 starter in Lohse, why not see if you can land a Burnett or Lowe for similarish money. Offer Lowe 3/51 and Burnett 4/64, and see if they bite. Those deals would both be better value, and I don't see the bidding for Lohse going much higher than 4/48, even on the open market.

"Brad Penny"

Is not a Boras Client.

"the deal will be similar to Carlos Silva's four-year, $48MM contract."
This deal will be similar, and in more ways than just the length and salary. Congratulations, Cardinals, you are the losers of the offseason and it hasn't even started yet.

You are right Killak, this is Carlos Silva II. I would bet good money that Kyle Lohse sucks next season. A full no trade clause to a guy who has done nothing in his career outside of 2008. WOW.

Ok. I'm trying to look at the positives here. The first 2 years are under 10 mil if I understand correctly. Which is not a bad price for him at all. The last two years are the trickier ones. If contracts continue to inflate like they have recently then the last 2 years will probably be around market value at that point in time. It's not 12 mil a season. It's an average of 10.25. Which is slightly better. At the least he gives the Cards a solid innings eater right? hopefully.

This looks a lot like what I thought it would. The 2009 version of what Derek Lowe signed in 2005.

1. Lohse is a better pitcher than Silva across the board, especially under Dave Duncan.

2. Lohse was signed to be the #3 starter for the Cardinals. Assuming Carpenter comes back healthy next year, the Cards will have Carpenter, Wainwright, Lohse as 1-3. That's not too shabby, plus they have some flexibility now for rounding out the rotation.

3. The Cardinals don't need to roll the dice on more reclamation projects. The Cardinals need to stabilize the rotation, so guys with injury histories (i.e. Brad Penny) don't fit the bill. They already have some of those, they don't need more.

4. If the Cardinals hadn't resigned Lohse, I bet some team would have paid him $15/yr for 2-3 years. This isn't a bad deal, considering the prices free agent pitchers have commanded in recent years.

"Assuming Carpenter comes back healthy next year"

Big if, from what I've heard.

Alright, it's 4 years, 41 million which isn't that bad in my opinion.

The Cardinals had I believe 15-16 million they wanted to add a pitcher, it's plausible that guys like Sabathia, Lowe, Burnett, and others could get upwards of 18 million on average a year.

Lohse is about to turn 30, he's one of the youngest starters on the market and has always had good stuff, just never fully knew how to use it until this year. I believed he would win 15 this year (believe it or not) and I'm from Minnesota so I watched his years with the Twins and I think he can be a solid mid of the rotation starter.

The Cardinals are now set up with Wainwright, Lohse, Pinerio, and Wellemeyer with Carpenter a possible comeback and some money to bring in a reclemation project like (my personal favorite) Carl Pavano.

Then the Cardinals can spend some extra money on a reliever although that has a bad track record but the bullpen was a soft spot last year.

Then spend the rest of the I believe 30 million available to try and get an "impact" bat.

"Then spend the rest of the I believe 30 million available to try and get an "impact" bat."

The Cards have absolutely no need for an expensive "impact bat". They have the bat that makes the biggest impact day in day out in the league. They need more consistent hitting from the middle of their infield and they need to run more.

STL do need an impct bat eiher by free agentcy, or by trade. I always wanted STL to trade for Holliday, and they have a surplus of outfielders anyway. They will also have a surplus of catchers when Anderson is ready to come up to the majors.

Not the worst deal in the world. Won't go down as a great one either. Cards really had no choice but to go forward with Lohse.

I read somewhere that Dave Duncan was leaving the Cards. If so you can forget Lohse being even remotely good next season.

"The Cards have absolutely no need for an expensive "impact bat". They have the bat that makes the biggest impact day in day out in the league. They need more consistent hitting from the middle of their infield and they need to run more."

Without Carp in the rotation, they obviously need more offense. I'm not sure I would count on another year like this from Ludwick either. He is pretty good, but I don't think he is .940 OPS good. I think Furcal and Fuentes would round out a very nice offseason, with Pavano or Prior as their high risk, high reward signing for a mil or two.

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