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« Corey Hart Hopes To Avoid Hearing | Main | Juan Pierre Wants A Starting Job »
Rangers Consider Josh Hamilton Extension
MONDAY: A minor update from Sullivan:
The Rangers have expressed an interest to Hamilton's agent Michael Moye and got a positive response in return. No offers have been exchanged on either side.
THURSDAY: MLB.com's T.R. Sullivan says the Rangers may attempt to sign Josh Hamilton to a long-term deal this spring. He notes that the Rangers have a history of doing spring deals with pre-arbitration players, with Ian Kinsler, Hank Blalock, and Michael Young serving as examples.
I wonder if Dustin Pedroia's recent six-year, $40.5MM extension could be a model, as both players have two years of service time. Nick Markakis has three years service time already. But if you look at his third through his eighth seasons, he'll earn about $47MM.
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Hamilton should be smart. He's a premier power hitter now and he should rightfully command a salary equal to his abilities. Obviously whatever extension they give him will set him up for life, but the question is: Does he want to always be able to afford a new mercedes or a new Gallardo?
They should sign Hamilton to 6 years/60 million with about 50 million of that going towards the final 4 years of the contract. That'd be fair considering his talent and what he brings to the team.
Posted by: BomberMan26 | February 12, 2009 at 01:36 PM
Markakis is also a few years younger.
Posted by: XD23 | February 12, 2009 at 01:39 PM
DOOOOO ITTT
Posted by: JH32 | February 12, 2009 at 01:57 PM
Hicks needs to see that Hamilton produces more for the Rangers' than the numbers that he puts on the field. He is a HUGE marketing piece. Pay him according. With the young core, and the even younger up and comers; Hamilton will be a big piece going forward.
Posted by: Rett Davis | February 12, 2009 at 02:02 PM
Hamilton is already 27, will be 28 in May. The next 2-4 years are likely his peak, so locking him up beyond that may not be wise. We also don't know how he will age given the damage he did to his body before getting clean. There's also a not insubstantial risk that he will relapse, though I suppose the contract could easily have a clause voiding it in the event of that.
Posted by: SC | February 12, 2009 at 02:12 PM
7 years/68 million. Buy out the next two years for 3mm and 5 mm, respectively, then pay him an average annual salary of 12 million over the next five years. It will seem like a fairly large contract at first, but it will pay off in dividends when the final 3 years of his contract look either fair or below-market. If a team was desperate for a power bat and Hamilton was a free agent, somebody would be crazy enough to give him 5 years/90 million.
Posted by: BomberMan26 | February 12, 2009 at 02:31 PM
I agree with SC's post. Let him hopefully put up monster numbers the next year or two than trade him for a haul.
Odds are his production will begin dropping significantly after a couple more years, and the last thing they need is to be stuck with another Michael Young Albatross's R Us Contract.
Posted by: kinsler5 | February 12, 2009 at 02:57 PM
""""I agree with SC's post. Let him hopefully put up monster numbers the next year or two than trade him for a haul.""""
-----------
What's wrong with actually building a team instead of the revolving door that's existed for the past decade? Sometimes you keep them and benefit from their play. Instead of looking to "trade for a haul" as you put it so we can just repeat the process over and over.
Posted by: GW | February 12, 2009 at 03:38 PM
You know that teams like the Red Sox and Yanks slobber at the possibility of acquiring Hamilton themselves, but people are forgetting maybe how fragile Hamilton is--IIRC the Rangers have a guy on staff who is paid to help Hamilton stay clean. Really, Texas is the best place for him where the media glare is dim. If he went to one of the big market teams, the media would drive him away from sobriety in a heartbeat.
Posted by: MadmanTX | February 12, 2009 at 03:57 PM
We miss Hamilton in cincy!!!!!!!!!!!!!!!!
Posted by: Ryan | February 12, 2009 at 04:27 PM
"Rangers Consider Josh Hamilton Extension"
Cub's fans can tell you that those pills don't work.
Posted by: Svengoolie | February 12, 2009 at 07:06 PM
Sign him up for 6-8 years, I'll be cranky if we let him go or trade him for a warm bowl of soup .
Svengoolie, what did you mean? I'm not following you.
Posted by: ELVIS | February 15, 2009 at 09:42 PM
" Texas is the best place for him where the media glare is dim. If he went to one of the big market teams, the media would drive him away from sobriety in a heartbeat."
Posted by: MadmanTX | February 12, 2009 at 03:57 PM
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I totally agree, this guy is limited to a small market team. He would be a risk in a larger media market.
Posted by: Since_77 | February 16, 2009 at 10:00 AM
The Rangers play in the #6 TV Market and #5 Radio market in the country. Not exactly a small market team.
Posted by: maximilian | February 16, 2009 at 12:22 PM
Hamilton would be fine in New York or anywhere else for that matter. He talks about his story to anyone that will listen. He does have a friend follow him around, and he gives cash to other people to handle on the road as a precaution. I'm a huge fan of his, and hope we don't find out what he is like in New York because I want him in a Ranger's uni. I think it is stupid to say he can't handle the circus of a huge market. In all honesty he will prob end up a yankee in about 7 years so you will all get to see then.
Posted by: Rett Davis | February 16, 2009 at 01:53 PM
I personally think that it is in Hamilton's best interests, if he is confident in his abilities the way a Tim Lincecum is, to go year to year. He is in a similar situation to Ryan Howard in that he is older than your average star in his position and he is likely only going to get one real FA pay day as opposed to 2.
"Does he want to always be able to afford a new mercedes or a new Gallardo?"
Honestly, I don't think the Gallardo is ever going to be a problem once the guy signs an extension, so long as he doesn't give all his money to some televangelist or revert to his old habits.
"They should sign Hamilton to 6 years/60 million with about 50 million of that going towards the final 4 years of the contract. That'd be fair considering his talent and what he brings to the team."
That's a bit high. Markakis is a superior player and got just a touch more than that in his first arb year.
"I totally agree, this guy is limited to a small market team. He would be a risk in a larger media market."
"The Rangers play in the #6 TV Market and #5 Radio market in the country. Not exactly a small market team."
Dallas is hardly a small market, but the media pressure for a non-football player isn't the same as it would be somewhere else.
Posted by: AA | February 16, 2009 at 02:04 PM