So, today, I was minding my own business, reading at my desk during my lunch and I got a notification on my phone saying that Manny Machado is going to sign with the San Diego Padres for 10 years/$300 million.
AKA the biggest free agent contract in history.*
*Guess who signed the second biggest free agency contract? THE SAN DIEGO PADRES LAST SEASON WHEN THEY SIGNED ERIC HOSMER FOR EIGHT YEARS/$144 MILLION FOR HIM TO HIT .253 IN 2018.
The rumor mill about Machado and Bryce Harper had seemed to quiet down—or at least I stopped listening. Back when I yelled about the off-season, I talked about how neither of them had signed yet and why I didn’t think they were worth what they were asking for.
I’m not good at math, but I get that teams are making more money and not paying the players enough. I get that these players need to make a living. (Granted, I could make a fairly nice living off the league minimum of $500,000.) I get that they’re super talented and all that jazz. I like baseball, and baseball players should be paid.
BUT HOW MANY OTHER LONG TERM CONTRACTS HAVE ACTUALLY WORKED OUT IN THE PAST?!
Let’s take a look:
- Robinson Cano signed a 10 year/$240 million free agency contract with the Seattle Mariners. He was suspended for 80 games in 2018 for violating MLB’s performance enhancing drug policy. On December 3, 2018, he was dumped to the Mets along with Edwin Diaz and $20 million for five players.
GiancarloMike Stanton signed a 13 year/$325 million contract with the Miami Marlins in November 2014. He was dumped to the New York Yankees along with cash considerations for Starlin Castro and two minor leaguers in 2017.- Albert Pujols signed a 10 year/$254 million contract with the Los Angeles Angels of Anaheim of California of the United States of America in 2011. This was one of the big contracts I remember hearing about because the St. Louis Cardinals offered him the same amount of years but a few less millions and he chose to go with the money. He got hurt in 2013 and has been plugging along since, hitting the appropriate milestones as one does after being in the league for 18 seasons.
- Zach Greinke signed a six year/$206.5 million contract with the Arizona Diamondbacks. The six years wasn’t what bothered me; it was the $206.5 million. That breaks down to $34.4 million a year. Granted he has an ERA that hovers around 3.00 each season, but he got the big contract after a 1.66 ERA with the Los Angeles Dodgers in 2015. (Side note: he had also signed a six year deal with the Dodgers in 2012 worth $147 million and then opted out of the last three years of his contract and became a free agent.)
- David Price signed a seven year/$217 million contract with the Boston Red Sox in 2015. He’s getting $31 million a year. He’s had his moments the last few seasons with the Sox: mostly elbow injuries, getting into a verbal altercation with Dennis Eckersley, and lost his tenth postseason start. But at least he didn’t exercise his opt-out clause?
- Clayton Kershaw signed a seven year/$215 million deal with the Dodgers in 2013. Okay, so this one may have worked out okay. I mean, in 2013, 2014, and 2017, his ERA was 1.83, 1.77, and 2.31, respectively.
- Miguel Cabrera signed an eight year/$248 million contract extension with the Detriot Tigers in 2014. He had a great start to his career, but I feel like he’s just kind of petered out over the last few years. Mostly because of all of the injuries he’s had.
This was just looking at contracts worth over $200 million. Here’s an article from CBS Sports that breaks down the biggest contracts in the MLB to date.
So here’s what I have issues with:
- IT’S THE SAN DIEGO PADRES. YEAH IT’S WARM THERE BUT THEY DON’T WIN. People keep saying they have such a great farm system and this could be their year, but that doesn’t really mean much unless those players are producing.
- THE DUDE WHO STRUCK OUT ON HIS KNEE FOR THE FINAL OUT OF THE 2018 WORLD SERIES AND WHO ALSO CLEATED A SMALL PERCENTAGE OF THE RED SOX DOES NOT DESERVE $300 MILLION.
- HOW ABOUT WE USE SOME OF THOSE MILLIONS TO PAY MINOR LEAGUERS A FAIR LIVING WAGE?!
- WHERE ARE THE PADRES GETTING THIS MONEY? Their payroll was just over $94 million last year. This year, they’ll owe Machado and Hosmer $51 million, a little over HALF OF THEIR TOTAL PAYROLL. Let me know your conspiracy theories in the comments.
So now it’s just the waiting game to see A. Where Bryce Harper ends up, and B. How much he’s paid. Scott Boras is probably calling around and asking for $300,000,001.
I mean, at least Machado is out of the AL East. BUT THE SOX PLAY THE PADRES IN SAN DIEGO IN AUGUST. NOOOOOO. I assumed he wanted to get as far away as he could from Chris Sale. But he has an opt-out after five years.
If you were paid $300 million for 10 years at your job, what would you do with it? Would you take the five year opt-out or stay the 10 years?
I feel like he opts out after five years and asks for more money, or realizes it’s the Padres and wants to get far away from there. Apparently Hosmer said he wouldn’t mind being the third highest paid player on the team which is his way of suggesting they go get Harper as well. I would love if they did that. 78 wins here they come!
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If they give him an opt out after five, then why not just offer him five years? And then he can leave? I’d like to know how much of the $300 million is guaranteed. As of 2018, Hosmer was getting $21 million and Chase Headley was getting $13.5 million, but it doesn’t look like they owe Headley anything for 2019 according to B-Ref because he’s a free agent. That would make Wil Meyers the next highest paid player with $5.5 million… (https://www.baseball-reference.com/teams/SDP/san-diego-padres-salaries-and-contracts.shtml)
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He probably wouldn’t have accepted 5 years. After 3 years he could probably demand a trade, or get into some kind of scandal that forces him out of there, while still having 7 years left on his contract.
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Okies so I basically stopped reading after $300 million. I’ll sign a baseball contract for $300 million lol I know nothing about baseball and I suck at playing but I’d still do it. Heck I’ll sign up for $1 million!! But then I saw it was for 10 years….still $30 million per year is a heck of a lot to play a sport…omg I sound like my dad…I need to stop now lol. Just tell me where to sign and I’ll swing the bat and run the bases.
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Haha I think we’d all take a $300 million contract and try our best to run to first base. Your dad sounds a lot like mine.
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lol I wouldn’t even be able to hit the ball. I am horrible at sports.
And goodness! My dad has turned into an internet troll. When my brother and I tell him so, he takes it like a badge of honour. It’s so bad lol
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Yoo, I had no idea minor league players got paid so little (which I just commented on your other post as well). It really puts these huge contracts into perspective. Anyway, guess Machado is done with playoff games huh.
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Haha yeah it’s not something that’s talked about much. I only knew about it last year because I read that it was thrown into the government spending bill, which I thought was really weird. It sucks that they don’t have a union or really any representation because they’d be able to bargain for better wages. That’s why some guys have off-season jobs in the minors. I don’t get how the teams have all of this revenue and don’t think, hey we should pay our up and coming talent more. And a lot of people don’t know that the MLB clubs pay the minor leaguers, not the affiliates.
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I don’t worry about any teams being able to afford huge contracts. Granted, Oakland doesn’t have the money the Red Sox or Yankees do, but they all have lots of money.
Mocking the last out of the World Series aside, Machado looks like he a pretty good record against Boston even when he’s not kicking Pedroia. I’m happy he’s out of the division so I can enjoy watching him not kill the Yankees. https://www.stats.com/industry-analysis-articles/they-meet-again-breaking-down-manny-machados-history-vs-boston-red-sox-pitchers/
You’re not going to see guys opt out anymore. The owners are making it clear they don’t want guys going to free agency, so that bird in the hand is going to be a lot more valuable.
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I just find it surprising when a big name gets a big contract from a small market team. I don’t actively follow the Padres, so maybe they have other income streams that I don’t know about haha. I just fear for them, based on other big contracts, that it’s not going to work out. But they’re not my team and I’m also glad he’s out of the division, so I guess it doesn’t really matter to me.
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One thing I’d be interested in hearing from the people who run rebuilding teams … when do you decide to stop? When do you decide to make your move? Like when the Cubs signed Jon Lester. They hadn’t won anything yet and were still pretty bad, but decided that was the time.
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Wow. I can’t fathom making even a quarter of that amount of money.
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I wouldn’t even know what to do with it haha. I’m not 100% sure how/when MLB players get paid, but the $30 million over 52 weeks is ~$576,000. Again, what do you do with that?
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I think I’d buy my own island, lol!!!
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