Rangers, Josh Hamilton Agree To Two-Year Deal

3:02pm: Hamilton earns $7.25MM in 2011, $13.75MM in 2012 and a $3MM signing bonus, according to Grant (on Twitter). The Rangers will pay Hamilton's signing bonus in two $1.5MM installments.

1:01pm: The Rangers agreed to sign Josh Hamilton to a two-year, $24MM deal, avoiding arbitration. Hamilton had filed for $12MM in arbitration this year, while the Rangers countered with $8.7MM.

Hamilton earned $3.25MM last year in his first season as an arbitration eligible player. He won the AL MVP, a Silver Slugger and the batting title in 2010, though he battled a variety of injuries along the way. Hamilton missed most of September with a ribcage injury, but finished the season with a sparkling .359/.411/.633 line and 32 homers.

The contract buys out the Moye/Sanderson client's final two seasons of arbitration eligibility, but does not delay his free agency. Like Joey Votto, last year's NL MVP, Hamilton signed an extension that covers only his remaining arbitration years.

Evan Grant of the Dallas Morning News first reported the agreement (on Twitter) and Jon Heyman of SI.com reported the value of the contract (Twitter link).

Rangers, Hamilton Talk Two-Year Deal

5:43pm: GM Jon Daniels told reporters that the club has had productive talks with Hamilton and his agent, and the two sides are "moving in [the] direction of a deal" according to Jon Paul Morosi of FOX Sports and Anthony Andro of The Star Telegram (Twitter links).

4:52pmJosh Hamilton and the Rangers have discussed a two-year deal, according to Evan Grant of the Dallas Morning News (on Twitter). Talks between the Rangers and the reigning AL MVP have been positive, though their submissions for Hamilton's 2011 salary were far apart. Texas offered $8.7MM, while Hamilton countered with a $12MM bid.

That gap means Hamilton's arbitration case is arguably the most interesting one of the year. The Rangers are open to extending Hamilton and if the sides discuss a longer term deal, It's conceivable that Hamilton could demand a nine-figure contract.

Hamilton earned $3.25MM last year in his first season as an arbitration eligible player; a two-year deal would buy out his remaining seasons of arbitration eligibility, but woludn't delay his free agency. Earlier in the offseason, NL MVP Joey Votto signed a three-year extension that covers his arbitration years without delaying his free agency.

Heyman On Lee, Cabrera, Wells, Pujols, Hamilton

Owner Chuck Greenberg and the Rangers were slower to offer Cliff Lee a competitive deal than other interested clubs, according to Jon Heyman of SI.com. Lee's camp wanted to keep the Rangers involved in the bidding, though they started with a 'lowball' offer before offering $100MM and, eventually, even more. The Rangers justified their lower offers by pointing out that Texas has no state income tax, but Lee asked around and determined that he wouldn't save that much, since he lives in Arkansas.

Talks between Lee and the Phillies broke off twice before the sides reached an agreement. If the Phillies hadn't completed the deal, the Yankees would have been seen as the favorites to sign the lefty, according to Heyman. Here are the rest of his rumors:

  • One GM says Orlando Cabrera isn't being reasonable. "I don't think he gets the position he's in," the GM said, alluding to the lack of job openings remaining for the shortstop.
  • The Rangers didn't show serious interest in Vernon Wells, according to Heyman.
  • Executives around the game believe that Albert Pujols will sign an extension with the Cardinals. If the sides don't reach a deal by Spring Training, Pujols will be a free agent after the season, in which case the Cubs may be "best positioned" to pursue him, in the opinion of one executive.
  • The Angels are still interested in signing or trading for a leadoff hitter. Scott Podsednik is out there, and could be a fit in L.A.
  • One executive believes the Rangers will lose to Josh Hamilton if the sides go to an arbitration hearing. Heyman hears that the Rangers won't bring up Hamilton's history of substance abuse in a hearing. Keep track of all the remaining arbitration cases using our Arb Tracker.

West Notes: Hamilton, Paxton, Rockies, Dodgers

Some news from baseball's western divisions….

  • Rangers assistant GM Thad Levine gives ESPNDallas.com's Richard Durrett an update on negotiations between the team and arbitration-eligible Josh Hamilton.  "I would characterize our communication as very open and strong….with each call we're making progress," Levine said.
  • Mariners GM Jack Zduriencik tells The Seattle Times' Larry Stone that the team has had "a conversation or two over the course of the winter" with fourth-round draft pick James Paxton, who still remains unsigned.  Paxton was selected 37th overall by the Blue Jays in the 2009 draft but didn't reach an agreement, and then couldn't return to college ball due to his association with agent Scott Boras.
  • The Rockies may have ended their search for pitching depth, tweets Troy Renck of the Denver Post.  Colorado was looking at Rodrigo Lopez and Mark Hendrickson, but those pursuits proved fruitless when the pitchers signed elsewhere (Lopez with the Braves, Hendrickson with the Orioles).
  • The potential sale of a minority share of the Mets "could provide a clue" as to what will happen with the Dodgers' ownership situation once the McCourts settle their divorce case, writes Bill Shaikin of the Los Angeles Times.

Ten Arbitration Cases To Watch

There aren't many unsigned arbitration eligible players remaining at this point in the winter, but many of the most high-profile cases remain unresolved. As MLBTR's Arb Tracker shows, 26 arbitration eligible players have yet to agree on their 2011 salaries. Some of them will sign extensions, some will go to hearings and others will avoid arbitration with one-year deals. Here's a primer on ten of the most interesting arbitration eligible players out there:

10. Mike Napoli, Blue Jays - In case arbitration cases weren't complicated enough, the Blue Jays have to defend the Angels' number ($5.3MM) if they go to an arbitration hearing with Napoli, who filed at $6.1MM. The numbers stand, even though the Blue Jays acquired the catcher/first baseman after the Angels exchanged arbitration submissions with him.

9. R.A. Dickey, Mets – Dickey has said he's open to a multiyear deal. We'll soon know whether Mets GM Sandy Alderson wants to extend the knuckleballer or settle on a contract in the $3.35-4.7MM range.

8. Delmon Young, Twins - There's a $1.6MM difference between Young's asking price ($6.25MM) and the Twins' suggested salary ($4.65MM). 

7. Jeremy Guthrie, Orioles – As I explained yesterday, Guthrie's case could come down to his durability (175 innings in four consecutive seasons) vs. the fact that comparable starters (John Danks, Chad Billingsley, Matt Garza) have been harder to hit.

6. Rickie Weeks, Brewers – The Brewers are no longer discussing a multiyear deal with Weeks, who is asking for $7.2MM. The Brewers countered with $4.85MM.

5. Francisco Liriano, Twins - Liriano made $1.6MM last year and posted a 3.62 ERA with 9.4 K/9 in 191 2/3 innings. His representatives at Legacy Sports will argue that he has earned a raise to $5MM, while Bill Smith and the Twins say $3.6MM is more appropriate.

4. Wandy Rodriguez, Astros – Rodriguez's $10.25MM asking price seems high until you realize how few arbitration eligible pitchers have comparable big league experience (the Astros offered $8MM). Rodriguez is just 15 innings shy of 1,000 for his career and his ERA hasn't surpassed 3.60 in any of the past three seasons. The lefty's 985 innings are 246 more than Erik Bedard had after 2008, the season that set Bedard up for a $7.75MM payday. Few arbitration eligible pitchers earn eight-figure deals, but few have as much big league experience and success as Rodriguez.

3. Jered Weaver, Angels - Weaver requested $8.8MM, while the Angels countered with $7.465MM. Either way, the Scott Boras client will be earning substantially more than he did in 2010, when he made $4.625MM.

2. Jose Bautista, Blue Jays – I wrote last fall that Bautista's case comes down to his historic 2010 season vs. the forgettable campaigns he strung together before last year. Click here to read more.

1. Josh Hamilton, Rangers - The Rangers could bring up Hamilton’s injury history and past substance abuse, but they would have to do so subtly, says Michael Vlessides, a veteran arbitration consultant.  “It’s the fine line between how much do you pick on the guy who’s the MVP. If you do it too much, you can lose a lot of credibility” Vlessides said. Beating MVPs in arbitration hearings isn’t easy, but the Pirates beat Barry Bonds after he won his first MVP in 1990 and again the following offseason.

Quick Hits: Helton, Hamilton, Danks, Giants

Some links to read as the Rays eye Johnny Damon, Manny Ramirez, Vladimir Guerrero and even Mike Napoli

Heyman On Fielder, Papelbon, Rays, Giants

Prince Fielder is looking to join the $200MM club and the Red Sox considered trading Jonathan Papelbon to the A's or White Sox, according to Jon Heyman of SI.com. Here are the details and the rest of Heyman's rumors:

  • Fielder is looking for at least eight years and $200MM or so when he hits free agency after the season, according to Heyman. Not surprisingly, the Brewers don't like the idea of committing that much to their first baseman.
  • The Red Sox talked to the A's and White Sox about Jonathan Papelbon. Boston appeared willing to offer Rafael Soriano a one-year deal and make him their closer. If the sides had agreed to a deal, the Red Sox would have sent Papelbon elsewhere, likely to Oakland or Chicago
  • The Rays, who are moving toward a deal with Johnny Damon, have also considered Vladimir Guerrero, Manny Ramirez, Russell Branyan and Nick Johnson.
  • The Yankees hope to hear from Andy Pettitte soon, but the lefty is still mulling retirement.
  • The Giants appear to be nearing a one-year deal with Andres Torres. As our Arb Tracker shows, Torres filed at $2.6MM and the Giants countered with $1.8MM.
  • Heyman says there's "scuttlebutt" that the Rangers could look to lock Josh Hamilton up on a multiyear deal. 
  • Heyman talked to executives about Joey Votto's new deal and arrived at the conclusion I reached after talking to insiders earlier in the week: the Reds didn't appear to gain much from their deal with the reigning NL MVP.
  • Heyman points out that Jose Bautista's representatives will have to convince arbitrators to overlook the string of pedestrian seasons that led up to Bautista's mammoth 2010 campaign. For more on Bautista's case, click here.

Arbitration Figures: Tuesday

Today is the deadline for players and teams to submit arbitration figures. Let's keep track of those figures here, with the latest updates on top. You can track all of the players that avoided arbitration today here.

Read more

Nolan Ryan Talks Lee, Webb, Beltre, Hamilton

Rangers president Nolan Ryan appeared on Sportsradio 1310 The Ticket recently, and the Dallas Morning News transcribed key comments.

  • Ryan believes that teams these days are "overpaying some free agents that probably shouldn’t be getting paid what they are."  He has a three to four-year comfort level on free agent contracts, which of course the Rangers exceeded in their Cliff Lee offer.  Noted Ryan, "And the thing is that Cliff could have gotten even more money than that if he'd been willing to go to another ballclub, which wouldn’t have been that competitive."
  • The Rangers "are probably getting really close" on a Brandon Webb deal, in Ryan's words.  Webb's physical is expected "early this week," tweeted Ken Rosenthal on Sunday.
  • Asked about significant remaining additions, Ryan pointed to available designated hitter candidates.  He even talked about how the Rangers could sign one DH and "then sign another one that might be good from the other side of the plate."
  • Ryan admitted interest in Adrian Beltre, but suggested his team's fit for the third baseman is less clear-cut than the Angels or Athletics.
  • Asked about acquiring a center fielder to allow Josh Hamilton to shift to left, Ryan instead pointed to internal center field candidates Julio Borbon and Engel Beltre.
  • Ryan gave a general reply when asked how the Carl Crawford and Jayson Werth contracts will affect Hamilton.  Ryan said that huge contracts have an impact on the entire game, and demonstrate the importance of developing from within.  Hamilton is entering his second arbitration year; he's under team control through 2012.  The Rangers have decent raises due for 2011 with Nelson Cruz and C.J. Wilson also among their arbitration eligible players.    

Odds & Ends: Lee, Zambrano, Werth, Mets, Uehara

Baseball lost one of its all-time greats tonight; Bob Feller passed away at 92. Rapid Robert won 266 games in his career, every single one of them with the Cleveland Indians. He probably would have cleared the 300 win plateau if he hadn't served in World War II from ages 23-25. Our condolences go out to the Hall of Famer's family…

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