Padres Offered Headley Three Years, $33-39MM In Offseason

The Padres extended one infielder yesterday when they locked up Jedd Gyorko through the 2019 season for a total of $35MM, and today, Jon Heyman of CBS Sports shines some light on San Diego's efforts to do the same with another of their infielders this past offseason. According to Heyman, the Padres offered third baseman Chase Headley a three-year extension worth $33-39MM. The deal would have gone into effect beginning in 2015, bringing Headley's four-year guarantee to a maximum of $49.525MM (Headley is earning $10.525MM in 2014).

The two sides are said to be nowhere close to finding a middle ground, writes Heyman, which isn't particularly surprising considering the fact that just one year ago, the Padres were prepared to make Headley an offer that would make him the highest-paid player in franchise history (topping Jake Peavy's $52MM guarantee). Headley, however, responded by stating that he didn't wish to dicuss contractual matters during the season.

At the time of the report, I speculated on Headley's chances at earning $100MM or more. Coming off a .286/.376/.498 season in which he belted 31 homers with 17 steals and elite defense, there seemed to be a case. Headley regressed to a still-solid batting line of .250/.347/.400 this past season (116 OPS+, 113 wRC+) and played his typically strong defense, but that platform year is far less enticing for a club than his MVP-caliber 2012 season. Headley and his agents at Excel Sports Management likely want to be compensated based on something closer to his ceiling (i.e. 2012), while the Padres look to be trying to leverage his decreased production into financial savings — a logical and understandable stance for each side.

A big year for Headley could persuade the Padres to up their offer, but they'd be doing so with Headley's first run through free agency nigh, and other, deeper-pocketed teams may be willing to outspend to secure the switch-hitter's service. Headley said earlier in Spring Training that he wasn't planning on discussing his contract until after the season. He's said in the past that his preference is to remain in San Diego, but the prospect of free agency may alter that thinking when the time comes in six months. Even without a return to his 2012 peak, Headley figures to be one of the most sought-after free agents on next year's open market.


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44 Comments on "Padres Offered Headley Three Years, $33-39MM In Offseason"


Senior Editor
1 year 4 months ago

.174 batting average so far……..I’m thinking 2012 production this season is a very distant dream. If he continues at this pace, he’ll be lucky to secure anything close to what the Padres offered. Can you say Jody Reed?

Scott Berlin
1 year 4 months ago

The AAV isn’t bad but I’m sure Headley wants more then 3 years. If they won’t go past that he’s as good as gone. But offers like this just says to the fans at least we tried and put something on the table instead of the perceived notion they just let him walk. Personally I don’t think he’s worth it, he might be another Brady Anderson.

johnnycomelately9
1 year 4 months ago

I think they offer him a qualifying offer and he accepts. He’ll get paid more that way yes?

Rally Weimaraner
1 year 4 months ago

Cant blame Headley for turning 3/39 down. If he can duplicate his 2011/2013 performance he should be in line for a 3/45+ deal. If he can replicate his 2012 performance he will command even more.

letsgogiants
1 year 4 months ago

And high market teams like the Dodgers, Yankees, and Red Sox could realistically be on the lookout for infield help on the left side, as well as others. Especially if Sandoval re-signs with the Giants (which could happen, given they like to extend their own players), then Headley will be the most coveted 3rd baseman on the open market.

Kendall Cooper
1 year 4 months ago

He may be smart to take a shorter contract at a place that is more hitter friendly to show people that petco is limiting his production.

AmericanMovieFan
1 year 4 months ago

Seems risky for him to turn down that much guaranteed money, given his spotty history. He might be able to cobble that much together anyway, but I doubt it’d all be over a single contract.

Rally Weimaraner
1 year 4 months ago

Headley gets a lot of flack for not duplicating his MVP caliber 2012 but he was still a top 10 MLB third-baseman from 2010-2013. Barring a total collapse this year he will do fine on the FA market.

Mackster248
1 year 4 months ago

Top 10 is stretching it… I don’t even think he got to 15 HR’s before that MVP caliber season. And he’s like a career .260 BA guy. Defensively he’s elite, but offensively he’s about as good as Juan Uribe was last year.

Rally Weimaraner
1 year 4 months ago

Since 2010, by fWAR, Headley has never ranked lower than 9th. Every year since 2011 he has ranked 6th or higher.

GrumpyPuppy
1 year 4 months ago

There is a lot more to offense than HR’s. Adam Dunn hits more than 15 HR’s a year and I wouldn’t want him anywhere near my team.

Mackster248
1 year 4 months ago

…. That’s why I mentioned BA as well. Also, Headley’s OBP has been in decline and is god awful thus far this year. Headley is good, he definitely has the potential, but he hasn’t even come close to what he did in that one year. Just doesn’t justify the money he’s expecting to get.

Metsfan93
1 year 4 months ago

Spotty history? He posted a 7+ win year then followed that up with a 600 PA, 3.6-win season and has been consistently good since 2010.

LazerTown
1 year 4 months ago

Not really. Wouldn’t surprise me one bit to see him top $50MM, even if he doesn’t repeat 2012.

UltimateYankeeFan
1 year 4 months ago

What could have made the Padres possibly think that a guy who was scheduled to make $10.5MM in 2014 would sign a 3 year extension for 2015 through 2017 at an AAV of $11 to $13MM per.

Mario Saavedra
1 year 4 months ago

a) Job security
b) Qualifying offer system might screw him up
c) While it is a below market offer, maybe it was a starting point for the pads. Headley needs to forget about 100MM, it´s not going to happen and will likely only damage him if he sticks to it.
d) Stephen Drew

letsgogiants
1 year 4 months ago

Job security is huge now-a-days, especially with how many significant player injuries that have risen recently. That’s really the reason why so many young talented players are signing extensions, even though they could get much more if they chose to wait the process out.

UltimateYankeeFan
1 year 4 months ago

That’s a nice thought and for the kids 3 or 4 or more years from FA it makes sense to sign a long term deal and give up a couple of years of arbitration or FA. But that’s not the case with Headley he’s a FA this coming winter and I think most baseball executives realize him playing in SD is hurting his overall numbers. Away from Petco his career numbers are pretty darn good.

letsgogiants
1 year 4 months ago

That is true, and I agree that Headley could definitely make much more on the open market. I was just kind of stating this in a general aspect rather than solely on Headley’s case. His numbers haven’t been great throughout his career, but he is a much better hitter on the road than at home (he has a career .810 ops on the road vs. .723 ops at home).

For what Headley has done throughout his career, the extension offered to him was a fair deal. But as free agency has shown, usually this scale falls much more on the hitter’s side; and for that reason Headley has every right to test free agency.

UltimateYankeeFan
1 year 4 months ago

I appreciate your reply. But I have to disagree with you about it being a fair deal. From the looks of it the Padres were looking to lock up potentially his most productive years 30 to 32 or 33 years old with that 3 year offer with virtually no increase in pay when you consider baseballs inflation rate (not to be confused with the general inflation rate for normal jobs). I think and it’s just my opinion it was a low ball offer.

Rally Weimaraner
1 year 4 months ago

The Padres’ first offer “that would make him the highest-paid player in franchise history” sounded fair to me. Granted we don’t know the number of years offered but something in the 4/60-5/75 range seems fair to me.

UltimateYankeeFan
1 year 4 months ago

I would agree with either of those numbers you mention. But not the 3 years $33 to $39MM the article talks about.

Scott Berlin
1 year 4 months ago

3 years in baseball these days isn’t much job security especially with Headley’s service time.

LazerTown
1 year 4 months ago

That is just a pittance. I don’t expect him to come anywhere close to his 2012 numbers, but he should very easily be able to top that in years and money.

UltimateYankeeFan
1 year 4 months ago

Absolutely he should. Heck even if he gets a QO at the end of this year it’s estimated QO’s will be about $15MM that’s just slightly less then 1/2 what the Padres had offered him for 3 years. It made and makes no sense for Headley to take the Padres 3 year offer.

TNE
1 year 4 months ago

Anyone ever watch Headley play? If this guy is a top 10 free agent, the MLB scouts have been asleep for the last 10 years.