Toronto Baseball Guys
Sunday, January 14, 2007
  Jays find some post-Christmas bargains
Frank Thomas - 2 years/$18 million
Vernon Wells - 7 years/$126 million

Just when you thought that J.P. Ricciardi had become the new poster boy for spending in baseball, he comes up with a couple of signings that harken back to his low-budget Oakland roots.

John Thomson - 1 year/$500,000

This is a brilliant signing. For a shade over the major league minimum, the Jays pick up a pitcher who has a shot at pitching 200 innings, possibly with an ERA close to league average. As we've witnessed this offseason, that type of commodity is now worth about $10 million per season. Thomson hasn't been healthy the past two seasons, but he's a willing, experienced ligament. And he might outpitch Gil Meche this season, despite signing for less than 1% of the money.

Lyle Overbay - 4 years/$24 million

What makes this signing particularly savvy is the term. The Jays buy the first two years of Overbay's free agency. In a world in which Juan Pierre makes $9 million annually, I don't even want to guess the value of a .300 hitter with 20 homers who will actually take a pitch. Especially in 3 years. Overbay's a solid hitter, and even though he has probably reached his ceiling, if he can maintain his career averages throughout the contract (.293/.372/.467) he will easily be worth $6 million per year. He's signed through his age 33 season, which isn't unreasonable, and if a 1B prospect in the organization catches fire and demands playing time, this is hardly an untradeable contract.
 
Comments: Post a Comment

Links to this post:

Create a Link



<< Home
Discussion of all thing Blue Jays.

Christopher Casuccio
Sean Doyle
Rob Metcalfe
Matthew Graf
Yoni Grundland
Mark Rottmann
Jim Turner
Joel Williams

E-mail


The Little Baseball Glossary

The Jeter List

Links

John Skilton's Baseball Links
Baseball Primer
Baseball Prospectus
Baseball-Reference.com
Battersbox.ca
Blue Bird Banter
Drunk Jays Fans
Bluejays.com
MLB.com
MiLB.com
RobNeyer.com
The Tao of Stieb
York Baseball Association

Old School Archives

Modern Archives
10/01/2006 - 11/01/2006 / 11/01/2006 - 12/01/2006 / 12/01/2006 - 01/01/2007 / 01/01/2007 - 02/01/2007 / 02/01/2007 - 03/01/2007 / 04/01/2007 - 05/01/2007 / 05/01/2007 - 06/01/2007 / 06/01/2007 - 07/01/2007 / 07/01/2007 - 08/01/2007 / 08/01/2007 - 09/01/2007 / 09/01/2007 - 10/01/2007 / 10/01/2007 - 11/01/2007 / 11/01/2007 - 12/01/2007 / 12/01/2007 - 01/01/2008 / 01/01/2008 - 02/01/2008 / 02/01/2008 - 03/01/2008 / 03/01/2008 - 04/01/2008 / 04/01/2008 - 05/01/2008 / 05/01/2008 - 06/01/2008 / 06/01/2008 - 07/01/2008 / 07/01/2008 - 08/01/2008 / 08/01/2008 - 09/01/2008 / 09/01/2008 - 10/01/2008 / 10/01/2008 - 11/01/2008 / 11/01/2008 - 12/01/2008 / 12/01/2008 - 01/01/2009 / 02/01/2009 - 03/01/2009 / 03/01/2009 - 04/01/2009 / 04/01/2009 - 05/01/2009 / 05/01/2009 - 06/01/2009 / 06/01/2009 - 07/01/2009 / 07/01/2009 - 08/01/2009 / 08/01/2009 - 09/01/2009 / 09/01/2009 - 10/01/2009 / 10/01/2009 - 11/01/2009 / 12/01/2009 - 01/01/2010 / 03/01/2010 - 04/01/2010 / 04/01/2010 - 05/01/2010 / 05/01/2010 - 06/01/2010 / 06/01/2010 - 07/01/2010 / 07/01/2010 - 08/01/2010 / 08/01/2010 - 09/01/2010 / 09/01/2010 - 10/01/2010 / 01/01/2011 - 02/01/2011 / 03/01/2011 - 04/01/2011 / 04/01/2011 - 05/01/2011 / 05/01/2011 - 06/01/2011 / 07/01/2011 - 08/01/2011 / 08/01/2011 - 09/01/2011 / 12/01/2011 - 01/01/2012 / 04/01/2012 - 05/01/2012 / 07/01/2012 - 08/01/2012 / 08/01/2012 - 09/01/2012 / 11/01/2012 - 12/01/2012 / 03/01/2013 - 04/01/2013 / 04/01/2013 - 05/01/2013 /