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View Full Version : Angels close to signing Mathews Jr. (5 years $50 million)



savafan
11-22-2006, 11:27 AM
http://www.dailynews.com/sports/ci_4702721

Indications are that the Angels are closing in on acquiring center fielder Gary Matthews Jr. in a deal that could be worth $55million for five years.

The Boston Globe reported Tuesday that according to an unnamed baseball executive, the Angels' focus is on the Texas Rangers' free agent who set career highs in batting average (.313), home runs (19) and RBI (79) this past season.

With an already thin free-agent pool drying up quickly, the Angels options for signing a player are limited. Third baseman Aramis Ramirez and outfielder/second baseman Alfonso Soriano, both coveted by the Angels, signed deals with the Chicago Cubs.

If Matthews is not signed, the Angels nearly are at a point where they would have to make a trade to acquire the impact player they seek. It's a route that general manager Bill Stoneman has not gone to very often.

"Ideally, you'd like to acquire something without giving up something other than money," Stoneman said Tuesday. "But the two big guys are gone now so it becomes more likely, but not 100 percent, that it will come from a trade."

Stoneman said the Angels' main objective is to improve the offense at either third base, first base or center field. They are not looking to acquire somebody who is exclusively a designated hitter.

joshnky
11-22-2006, 11:29 AM
Thats a lot of money and years for what may be a one year wonder.

redsfan30
11-22-2006, 11:30 AM
Just proves that baseball is a what have you done for me lately game.

M2
11-22-2006, 11:33 AM
That may be the dumbest contract ever.

Seriously, wouldn't they rather have Ken Griffey Jr.?

MartyFan
11-22-2006, 11:35 AM
If they sign Matthews for that sort of money we should see what they would give up for Milton...

Highlifeman21
11-22-2006, 11:39 AM
That may be the dumbest contract ever.

Seriously, wouldn't they rather have Ken Griffey Jr.?

The Pierre contract and this contract would certainly lay claim to that title.

savafan
11-22-2006, 11:41 AM
May 23, 2003: Selected off waivers by the San Diego Padres from the Baltimore Orioles.

November 24, 2003: Selected off waivers by the Atlanta Braves from the San Diego Padres.

April 2, 2004: Released by the Atlanta Braves.

April 8, 2004: Signed as a Free Agent with the Texas Rangers.

Released three times in one year with one good season at the age of 32, and he gets $11 million a year...?

I read a comment on another board that pretty much sums this up.

"the punch at the GM meeting must have been spiked with stupid this year."

Chip R
11-22-2006, 11:48 AM
Seriously, wouldn't they rather have Ken Griffey Jr.?

I guess not. They probably figure the Private can play more than 140 games a year and isn't a liability in CF. Still a dumb contract, though.

Johnny Footstool
11-22-2006, 11:50 AM
This is a joke that will get funnier each season, as the Angles keep shelling out cash to a rapidly-aging .715 OPS hitter.

Patpacillosjock
11-22-2006, 11:51 AM
i really dont see whats dumb with this contract or the Pierre contract.

if both pan out and do what is expected of them, then hey its a fair market value contract.

and people need to remind themselves that the length of the contract for guaranteed money is only a bargaining chip and nothing more. do the angels expect last years performance for the next five years? probably not because of his obvious age but did offering the extra 2 years get him signed for the next 3 years?

hell yes.

sometimes u have to extend the length of a contract to ensure the player signs for the "NOW"

savafan
11-22-2006, 11:59 AM
I guess not. They probably figure the Private can play more than 140 games a year and isn't a liability in CF. Still a dumb contract, though.


Pos NAME Last Team GP INN RSpt RS/150
8 Corey Patterson Bal 118 958.0 14 19
8 Torii Hunter Min 109 942.7 7 10
8 Vernon Wells Tor 117 1012.7 7 9
8 Chone Figgins LAA 71 607.7 5 11
8 Brian Anderson CWS 105 754.3 4 7
8 Grady Sizemore Cle 127 1094.7 4 5
8 Curtis Grandrsn Det 125 1037.0 2 3
8 Joey Gathright, KC/TB 104 810.7 1 2
8 Rocco Baldelli TB 61 507.0 0 -1
8 Johnny Damon NYY 107 899.7 0 -1
8 Jeremy Reed Sea 64 507.3 -1 -4
8 Mark Kotsay Oak 108 907.3 -4 -6
8 Coco Crisp Bos 86 757.7 -6 -11
8 Gary Matthews Tex 112 958.7 -6 -9

Worst centerfielder in the American League

Ltlabner
11-22-2006, 12:04 PM
sometimes u have to extend the length of a contract to ensure the player signs for the "NOW"

I have customers that try stunts like that all the time. They ask for a price quote for 50,000 units and then at the last minute they share that it's only 15,000units. I guess I could hold the same price per unit to get them to order "NOW" (analogus to agreeing to an additional year just to get the player to sign) but that just doesn't make sense because it would kill the value (ie. profit) of the deal.

Just as you shouldn't give a high volume price for a low volume job, you shouldn't tack on an additional year to "get them to sign" when the chances are the production and value return will not the worth it in the 3rd year. That waters down the value of the whole deal.

These contracts going out are simply amazing. Amazingly stupid in some cases.

steig
11-22-2006, 12:14 PM
A signing like this has to make me think we could get some top, mlb ready prospects or even a 1 or #2 starting pitcher for Dunn. Whoever doesn't land Carlos Lee could become very interested in Dunn.

Chip R
11-22-2006, 12:14 PM
Pos NAME Last Team GP INN RSpt RS/150
8 Corey Patterson Bal 118 958.0 14 19
8 Torii Hunter Min 109 942.7 7 10
8 Vernon Wells Tor 117 1012.7 7 9
8 Chone Figgins LAA 71 607.7 5 11
8 Brian Anderson CWS 105 754.3 4 7
8 Grady Sizemore Cle 127 1094.7 4 5
8 Curtis Grandrsn Det 125 1037.0 2 3
8 Joey Gathright, KC/TB 104 810.7 1 2
8 Rocco Baldelli TB 61 507.0 0 -1
8 Johnny Damon NYY 107 899.7 0 -1
8 Jeremy Reed Sea 64 507.3 -1 -4
8 Mark Kotsay Oak 108 907.3 -4 -6
8 Coco Crisp Bos 86 757.7 -6 -11
8 Gary Matthews Tex 112 958.7 -6 -9

Worst centerfielder in the American League


But is he worse than Jr.?

NJReds
11-22-2006, 12:15 PM
Pos NAME Last Team GP INN RSpt RS/150
8 Corey Patterson Bal 118 958.0 14 19
8 Torii Hunter Min 109 942.7 7 10
8 Vernon Wells Tor 117 1012.7 7 9
8 Chone Figgins LAA 71 607.7 5 11
8 Brian Anderson CWS 105 754.3 4 7
8 Grady Sizemore Cle 127 1094.7 4 5
8 Curtis Grandrsn Det 125 1037.0 2 3
8 Joey Gathright, KC/TB 104 810.7 1 2
8 Rocco Baldelli TB 61 507.0 0 -1
8 Johnny Damon NYY 107 899.7 0 -1
8 Jeremy Reed Sea 64 507.3 -1 -4
8 Mark Kotsay Oak 108 907.3 -4 -6
8 Coco Crisp Bos 86 757.7 -6 -11
8 Gary Matthews Tex 112 958.7 -6 -9

Worst centerfielder in the American League

Interesting chart. The bottom four on the list have excellent reputations as good defensve CFs. And while Damon can't throw (at all), I watched a lot of Yankees games, and he can still cover the gaps.

What would Griffey be... -100?

NJReds
11-22-2006, 12:17 PM
Whoever doesn't land Carlos Lee could become very interested in Dunn.


Keep in mind that Manny is also on the trading block, and suprisingly his contract isn't much of an issue anymore.

Doc. Scott
11-22-2006, 12:18 PM
Matthews is basically a fourth outfielder coming off a career year. This is going to be funny as heck to watch.

marcshoe
11-22-2006, 12:20 PM
I was hoping the Cubs would waste their money and sign him. Oh well.

Will M
11-22-2006, 12:20 PM
4th OF who was released by several teams now gets $11M/year for 5 years.

nuts.

savafan
11-22-2006, 12:21 PM
A signing like this has to make me think we could get some top, mlb ready prospects or even a 1 or #2 starting pitcher for Dunn. Whoever doesn't land Carlos Lee could become very interested in Dunn.

I think the Jacoby hiring is a sign that Dunn isn't going to be moved.

pedro
11-22-2006, 12:21 PM
His defensive metrics are very close to Juniors too.

flyer85
11-22-2006, 12:22 PM
looks like one-upsmanship in stupidity is the order of the day

savafan
11-22-2006, 12:26 PM
But is he worse than Jr.?

Sad to say, nobody's worse than Junior.


Pos NAME Last Team GP INN RSpt RS/150
8 Juan Pierre, ChC 129 1137.0 12 15
8 Carlos Beltran, NYM 112 983.7 12 16
8 Eric Byrnes, Ari 102 875.0 8 12
8 Reggie Abercrombie, Fla 84 586.0 7 15
8 Mike Cameron, SD 108 970.3 6 8
8 Willy Taveras, Hou 113 916.3 5 8
8 Jim Edmonds, StL 95 763.3 5 9
8 Steve Finley, SF 108 828.0 4 7
8 Cory Sullivan, Col 95 739.3 -1 -2
8 Kenny Lofton, LA 92 740.3 -2 -4
8 Aaron Rowand, Phi 107 901.7 -3 -5
8 Brady Clark, Mil 101 800.0 -4 -6
8 Andruw Jones, Atl 120 1037.0 -6 -8
8 Ken GriffeyJr Cin 93 807.7 -11 -18

NJReds
11-22-2006, 01:02 PM
Juan Pierre...who knew?

I thought Andrew Jones was considered one of the best defensive CFs in the game. I guess he's taken a major step backward. Rowand, too, is held in high regard.

LoganBuck
11-22-2006, 01:04 PM
ESPNews just reported this as well during their last update.

dunner13
11-22-2006, 01:06 PM
Foxsports says its 5 years for 50 million. Potentially the worst free agent signing ever. I bet if you gave deno the same playing time this year he would put up just as good if not better numbers.

flyer85
11-22-2006, 01:06 PM
playing CF well is mostly about speed. If you don't have speed all the other positive attributes become meaningless.

Chip R
11-22-2006, 01:33 PM
playing CF well is mostly about speed. If you don't have speed all the other positive attributes become meaningless.


Well, he did make that one catch this year so that's probably what they're going on. :lol:

savafan
11-22-2006, 01:43 PM
Well, he did make that one catch this year so that's probably what they're going on. :lol:

Wow, let's hope Freel never takes webgems into arbitration.

deltachi8
11-22-2006, 01:57 PM
Pure foolishness.

blumj
11-22-2006, 01:58 PM
I don't even want to know what Drew's going to get.

Chip R
11-22-2006, 02:00 PM
I don't even want to know what Drew's going to get.

$15 per, maybe?

I guess it's not such a bad thing to have a limited budget. It acts like a governor for GMs who want to make stupid signings like that. I don't think Wayne is the worst GM in the world but I gotta think he'd be making deals like that if he had the money.

savafan
11-22-2006, 02:10 PM
I have to think that if I could prove to a GM that I knew how to put on a cap and glove the right way, I'd be worth at least $2 million a year in this market.

blumj
11-22-2006, 02:17 PM
$15 per, maybe?

But is that for 8 years, or 10, though? ;)

Heath
11-22-2006, 02:26 PM
Wow, let's hope Freel never takes webgems into arbitration.

Farney's in the HOF, guaranteed at that statement.

$10/mill for Gary Matthews, Jr.??? He of Chicago Cub infamy?

Ugh.

corkedbat
11-22-2006, 02:31 PM
That's obscene. :bang: :bang: :bang:

5DOLLAR-BLEACHERBUM
11-22-2006, 02:41 PM
$15 per, maybe?

I guess it's not such a bad thing to have a limited budget. It acts like a governor for GMs who want to make stupid signings like that. I don't think Wayne is the worst GM in the world but I gotta think he'd be making deals like that if he had the money.

and if you have the money to spend you should, its not the owners fault that mlb has no salary cap. I think that the thing that is often overlooked is that the teams spending all of this money are doing it for a reason, they say you have to spend money to make money and as far as I know these owners are mostly former or current business men and know a thing or two about what they are doing. If the reds had a top notch product year after year because of spending more money, more fans would attend, the tv contract will grow, and you will start to see a nice return on the investment.

Heath
11-22-2006, 03:05 PM
and if you have the money to spend you should, its not the owners fault that mlb has no salary cap. I think that the thing that is often overlooked is that the teams spending all of this money are doing it for a reason, they say you have to spend money to make money and as far as I know these owners are mostly former or current business men and know a thing or two about what they are doing. If the reds had a top notch product year after year because of spending more money, more fans would attend, the tv contract will grow, and you will start to see a nice return on the investment.

That's a great statement in the Utopia Major League Baseball. But, every year there are these contracts out there that are guaranteed albatrosses of ridiculous money for one-year wonders.

This is like giving Supertramp a 6 record deal since someone thought "Take the Long Way Home" was a precourser of things to come.

Not smart - and bad for baseball economics.

Highlifeman21
11-22-2006, 03:16 PM
Confirmed at 5 years, 50M....

And I thought the Pierre contract was bad, this one barely edges it for worst contract of the offseason so far.

I would hope this makes Griffey more attractive to some AL teams as a DH.

I guess Matthews is better in CF than Erstad, but not at this cost.

joshnky
11-22-2006, 03:26 PM
Confirmed at 5 years, 50M....

And I thought the Pierre contract was bad, this one barely edges it for worst contract of the offseason so far.

I would hope this makes Griffey more attractive to some AL teams as a DH.

I guess Matthews is better in CF than Erstad, but not at this cost.

Some of these deals almost make Griffey's look reasonable.

Heath
11-22-2006, 03:40 PM
Some of these deals almost make Griffey's look reasonable.

Forget Griffey, I figure that contracts should be rated by Miltons.

If its a good contract it gets One Milton. If it is a bad contract, it gets 5 Miltons.

Alex Gonzalez is probably 2.5 Miltons. Mike Stanton is about a 1.5 Milton. Soriano's about 4 Miltons.

Gary Matthews, Jr. is about 10 Miltons.

Redsland
11-22-2006, 03:44 PM
Some of these deals almost make Griffey's look reasonable.
Particularly since he's only paid about $6MM per year, with the other $6MM deferred until 2009-2025. (Plus a $16.5MM balloon the final year.)

Link. (http://reds.enquirer.com/2000/02/11/red_griffey_notebook.html)

M2
11-22-2006, 03:48 PM
Here's the real question, how long until the Angels cut Gary Matthews Jr.? I say they pull the cord in August, 2008.

Chip R
11-22-2006, 03:49 PM
and if you have the money to spend you should, its not the owners fault that mlb has no salary cap. I think that the thing that is often overlooked is that the teams spending all of this money are doing it for a reason, they say you have to spend money to make money and as far as I know these owners are mostly former or current business men and know a thing or two about what they are doing. If the reds had a top notch product year after year because of spending more money, more fans would attend, the tv contract will grow, and you will start to see a nice return on the investment.


Never said it was the owners' faults. But I'd rather not have a GM spending money like a drunken sailor on leave just to be spending money. If it came down to a choice between signing Eric Milton to a 3 year $25M deal and making fans giddy cause you actually did something or not signing him at all and getting fans mad cause you did nothing, I'd take the latter. Lindner was/is a smart businessman. You think that was a smart move? The woods are full of owners who have had great success in the business wrold and have done really stupid things with their baseball teams.

Willy
11-22-2006, 04:11 PM
per rotoworld


The Giants reportedly offered Gary Matthews Jr. the same five-year, $50 million contract he agreed to with the Angels.

I guess the Angels aren't the only ones out of their minds.

terminator
11-22-2006, 04:15 PM
I guess the Angels aren't the only ones out of their minds.

That the thing -- these teams aren't bidding against themselves or pulling numbers out of thin air. That is, the Angels aren't bidding $10MM with the next best offer at $5MM per year. For each crazy contract like this (and like Pierre's) there is at least one more team willing to pay the guy something close to that amount.

Always Red
11-22-2006, 04:17 PM
Pierre got 5 yrs for $45 million from the Dodgers today, also. I think the Dodgers are out of their minds, too. But not as crazy as the Giants and Angels.

At least Juan can play defense.

PuffyPig
11-22-2006, 05:32 PM
i really dont see whats dumb with this contract or the Pierre contract.

if both pan out and do what is expected of them, then hey its a fair market value contract.

and people need to remind themselves that the length of the contract for guaranteed money is only a bargaining chip and nothing more. do the angels expect last years performance for the next five years? probably not because of his obvious age but did offering the extra 2 years get him signed for the next 3 years?

hell yes.

sometimes u have to extend the length of a contract to ensure the player signs for the "NOW"

The length of a contract is not just a bargaining chip, it's real money.

Firstly, the $11M is grossly too much for a player of Matthews calibre.

Secondly, you don't sign players to long term contracts who haven't proven that they are consistently good, and can stay healthy. Guys like Griffey had proven that, and it still hasn't worked out well for the Reds.

Pierre has been consistently bad. He simply isn't a very good player, even when he's playing at the top of his game.

Matthews was very good last year, but not to the tune of $11M. And I doubt we ever see that kind of season again from him. If they honestly believe he won't perform for the length of the contract, they just flushed a bunch of money down the toilet.

PuffyPig
11-22-2006, 05:33 PM
Pierre got 5 yrs for $45 million from the Dodgers today, also. I think the Dodgers are out of their minds, too. But not as crazy as the Giants and Angels.

At least Juan can play defense.

Juan Pierre has an absolutely putrid arm.

Always Red
11-23-2006, 07:43 AM
Juan Pierre has an absolutely putrid arm.

OK, but all the metrics charts shown above rate Pierre the top CF in the NL.

I think it's his bat that is putrid; lifetime OPS .727.

I don't think either of these guys is worth that kind of money, but obviously the marketplace does. I'm glad I'm not a GM; I'd be holding my nose and writing checks!