David Price Signs 7 year deal with Red Sox

[L54]

But he won't

 

Oh okay.

[Laika]

Why the f*** did they let Lester walk? Could have saved $80M for a small downgrade.

 

Different regimes, bro.

[vdubmvp]

It makes me chuckle so many new fans thought we should and would sign him. The whole "he really loves TOR" leverage play by his agent a couple weeks ago was so transparent.

 

I don't even want to see the response from all the insane casuals right now. You know, those who actually thought he'd give us some sort of discount after spending three whole months here.

[Sammy225]

Oh okay.

 

Unless it is severely front loaded which most contracts are not....

[Frenchsoup]

Dombrowski is so reckless.

[xposbrad]

If he starts at 5 WAR in 2016 and then declines normally while a $/WAR of $8M inflates normally, he'll be worth:

 

40

38.52

36.98

34.95

32.35

29.11

25.15

= $237M

 

Of course you wouldn't really expect him to total that much WAR. The added risk with pitchers in particular is the heightened chance that they will blow out their arm and miss a huge chunk of time, or just decline precipitously like Sabathia did. The extent to which you want to bake that into the projections is discretionary. I don't know the proper percentage for "pitcher risk adjustment".

 

He's been 6+ war the past 2 seasons. Plus the $/war will increase with time. It's a decent deal. He is a top 5 pitcher in all of baseball, and has been for many years. I think 7 years is a lot, but that's what it takes if you want to win. Boston knows how to win.

[43211234]

Boston is going to be really good.

 

Price

Buchholz

Ed Rod

Porcello

Miley

 

Kimbrel

Uehara

 

Swihart / Vazquez

Shaw / Hanley

Douche-Elf

Xander

Sandoval

JBJ

Betts

Castillo

 

Or whatever they're doing with their OF.

[glory]

Price is not opting out at age 33, unless player salaries get even crazier by then.

 

Glad the Jays aren't paying that, but sucks to see him on the Red Sox.

[Terminator]

Long term deal aside, are the Sox going to be good next season?

[FrozenRopes]

Shouldn't be a surprise. Price is only loyal to money, just hate to see him in the AL east

 

Loyal to money? You turn that down to pitch for one of the most storied franchises?

[Pulk_Pull]

Long term deal aside, are the Sox going to be good next season?

 

Probably

[Brownie19]

I highly doubt he'd opt out at 31 per, but crazier things have happened, lol. Man that's a shitload of money.

 

If you just look at the AAV, then yeah it seems crazy, but after 3 years, when he's 33, he might be in the same position as Greinke looking to land a 5-6 year deal at 31-40 AAV (if he maintains his effectiveness). It's pretty conceivable that could happen.

[GoldBull]

So this likely means the second home game against the Redsox will be Price vs Stroman. Buy your tickets now!!!

 

That'll be Game 6 for Toronto and Game 5 for Boston. It doesn't look like they'll match up.

[Spanky99]

So Grienke's going to top that AAV? Holy Schnikies!!!

[Brownie19]

Boston is going to be really good.

 

Price

Buchholz

Ed Rod

Porcello

Miley

 

Kimbrel

Uehara

 

Swihart / Vazquez

Shaw / Hanley

Douche-Elf

Xander

Sandoval

JBJ

Betts

Castillo

 

Or whatever they're doing with their OF.

 

They certainly have some bad contracts - but I agree with this - they will be a good team....forgot Ortiz too...

[G-Snarls]

What kind of performance does Price need to have for that contract to be worth it?

 

Perennial top 3 Cy

[BTS]

Long term deal aside, are the Sox going to be good next season?

 

I think probably.

[BlueJays]

I'm getting interested on how much money Bryce Harper will get by 2018. Probably $400m+

[Pulk_Pull]

He's been 6+ war the past 2 seasons. Plus the $/war will increase with time. It's a decent deal. He is a top 5 pitcher in all of baseball, and has been for many years. I think 7 years is a lot, but that's what it takes if you want to win. Boston knows how to win.

 

http://www.baseball-reference.com/players/v/verlaju01.shtml

 

Two +7.5 WAR years followed by....

 

It's just not prudent to sign aging pitchers to this kind of contract. But for a team like the Red Sox with a somewhat unlimited payroll, it's not as big of a deal.

[G-Snarls]

So Grienke's going to top that AAV? Holy Schnikies!!!

 

He would have to take fewer years obviously

[Spanky99]

If you just look at the AAV, then yeah it seems crazy, but after 3 years, when he's 33, he might be in the same position as Greinke looking to land a 5-6 year deal at 31-40 AAV (if he maintains his effectiveness). It's pretty conceivable that could happen.

 

Yeah, after hearing about Grienke now? Extremely plausible.

[jaysfan2014]

Well, Boston better enjoy the huge luxury tax bills they will face.. well over $210M now in payroll after this and the Young deals.

 

And smart move by the Jays not to give Price this kind of money.. no pitcher is worth this.

[Frenchsoup]

What's up with Christian Vazquez and his TJ?

[Spanky99]

He would have to take fewer years obviously

 

Yeah, he's two years older.

[jaysfan2014]

http://www.baseball-reference.com/players/v/verlaju01.shtml

 

Two +7.5 WAR years followed by....

 

It's just not prudent to sign aging pitchers to this kind of contract. But for a team like the Red Sox with a somewhat unlimited payroll, it's not as big of a deal.

 

Not unlimited. They only went this high out of desperation to win now. Basically, they better pray for no injuries.. or they're going to be in trouble again. They still need more bullpen help..

[jaysfan2014]

What's up with Christian Vazquez and his TJ?

 

Not expected to be ready for Opening Day.

[RealAccountant]

I know all the points made. I know I know

 

But man this f***ing sakes. Throw money aside. This f***ing sucks.

[xposbrad]

I know all the points made. I know I know

 

But man this f***ing sakes. Throw money aside. This f***ing sucks.

 

Of course it does. One of our rivals just signed one of the best pitchers in baseball. They also still have Moncada in the minors.

[Pulk_Pull]

The bottom line is that this makes sense for a team that can afford the luxury tax. The Leafs, Lakers, Knicks, etc. would be doing this if they could. Heck the Nets tried and failed hard in the soft cap NBA. So I can see this as a net-positive for a team like the BoSox, even if they don't earn all their money back 'value' wise. They can afford to eat value if it means a front of the line player.

 

However, if you apply the same deal in a budget team's payroll, it looks ridiculous, borderline insane (Exhibit A: http://www.spotrac.com/mlb/miami-marlins/); and if you apply it to a mid-tier team like the Blue Jays, it looks like a poor use of valuable 'salary space'.

 

Therefore, I view this as one giant MEH. It makes sense for a team like Boston and in the grand scheme of things, shouldn't hinder them too much. This type of deal would be disaster for a team like the Jays or similar salary restricted team. So overall, meh. Just sucks it's in the AL East...

[Dylan]

Good for Price, was cool having him for a bit.

 

I don't think jays fans will boo him, nobody would say no to that contract and people know rogers would never pay that.