Turn Off Ads?
Page 1 of 3 123 LastLast
Results 1 to 15 of 35

Thread: Cardinals sign Wainwright to Extension

  1. #1
    Member klw's Avatar
    Join Date
    Jan 2005
    Location
    New England
    Posts
    6,308

    Cardinals sign Wainwright to Extension

    http://www.mlbtraderumors.com/2013/0...ainwright.html

    The Cardinals have agreed to a 5-year, $97.5MM extension with pitcher Adam Wainwright that covers the 2014-2018 seasons, tweets Ken Rosenthal of FOX Sports. Wainwright, a 31-year-old right-hander, is represented by Aegis Sports Management. He was set to enter free agency next year as the top pitcher available on MLBTR's Tim Dierkes's 2014 Free Agent Power Rankings.
    They must be confident of his health going forward or of a revenue increase which makes the risk pretty low.

  2. Turn Off Ads?
  3. #2
    Member MikeThierry's Avatar
    Join Date
    Aug 2010
    Location
    St. Louis, Mo
    Posts
    3,593

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by klw View Post
    http://www.mlbtraderumors.com/2013/0...ainwright.html



    They must be confident of his health going forward or of a revenue increase which makes the risk pretty low.
    Probably both. They have a lot of young players with cost control for many years to come along with a ton of money coming off the books next year (something like 30-40 million). They're also going to be signing a long term TV contract in 2017 which will give them about 5-6 times more than what they're getting now. Plus the Cards were in between a rock and a hard place. If they let him walk, they would have been outbid by other teams so they probably had to overpay just slightly so he wouldn't reach free agency.
    “Our next home stand follows this road trip.”

    “I just want to tell everyone Happy Easter and Happy Hanukkah.” says on the day before Easter

    Mike Shannon

  4. #3
    Member
    Join Date
    Jul 2012
    Posts
    1,849

    Re: Cardinals sign Wainwright to Extension

    If the Cardinals don't hit on a good clip on their prospects they could get into some trouble before they get to a new TV deal.

    A big portion of all the money they have opening up will get gobbled right back up in paying Wainwright and the other players who contracts increase and then playing our 6 arbitration cases next year unless they add more long term deals or let key players walk. And that doesn't even factor in if they want to bring back Mujica or Westbrook in 2014.

    Then for 2015 they only have a sure 11M coming off the books but have half that accounted for in current contracts with a couple more key Arbitration players in Lynn and M Carpenter who both could end up asking for good money and would be inline to win their cases especially Lynn who has a 18 win year and a ASG appearance to impress them with if reached a hearing.

    If the Cards do good this year a lot of it will be on the guys looking to get paid soon, if they do bad they may have to turn to FA or trade's which will hurt the cause long term.

  5. #4
    Member Tom Servo's Avatar
    Join Date
    May 2006
    Posts
    7,390

    Re: Cardinals sign Wainwright to Extension

    I think St. Louis would have been better off flipping him this offseason. While I have little doubt he will continue to be a valuable starting pitcher he is 31 and I don't think he is going to return to 2009/2010 levels going forward. Then again it's the Cardinals so watch him get even better for no apparent reason.
    "Since I've been with the Reds in 1989, we've never had a farm system this loaded," Bowden said. "If we were the New York Yankees and had unlimited dollars, we could have traded for Colon, (Jeff) Weaver, Rolen, (Cliff) Floyd, (Kenny) Rogers and Finley and gotten them all -- and still held onto our top five prospects. That's an amazing statement."

  6. #5
    Member
    Join Date
    Nov 2000
    Location
    Indiana
    Posts
    642

    Re: Cardinals sign Wainwright to Extension

    How will he ever explain this to his kid?

  7. #6
    Member RadfordVA's Avatar
    Join Date
    May 2006
    Posts
    917

    Re: Cardinals sign Wainwright to Extension

    Even if he stayed healthy and had a productive season I can't imagine he was getting more than 20 million a season. Seems like a smarter move to wait than pay retail now. However this is what teams are doing now. Players are not hitting the market anymore. Reds didn't get a discount with Votto either.

  8. #7
    Member
    Join Date
    Mar 2002
    Location
    Calgary, Alberta, aka, the most prosperous city in the world.
    Posts
    10,615

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by HometownHero View Post

    Then for 2015 they only have a sure 11M coming off the books but have half that accounted for in current contracts with a couple more key Arbitration players in Lynn and M Carpenter who both could end up asking for good money and would be inline to win their cases especially Lynn who has a 18 win year and a ASG appearance to impress them with if reached a hearing.
    Firstly,how can you predict that two players would be inclined to win arbitration cases two years in the future when you have no idea how well they have performed and what they are asking for? The two variables that make up a case are unknown?

    And secondly, like any long term signing these days, two much money and too many years. But whatcha gonna do, let your best pitcher walk? You gotta plug your nose and sign the contract if you want to compete these days.

  9. #8
    Viva la Rolen kaldaniels's Avatar
    Join Date
    Jul 2005
    Posts
    7,959

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by Tom Servo View Post
    I think St. Louis would have been better off flipping him this offseason. While I have little doubt he will continue to be a valuable starting pitcher he is 31 and I don't think he is going to return to 2009/2010 levels going forward. Then again it's the Cardinals so watch him get even better for no apparent reason.
    He was set to be a free agent after this year, so flipping after the season (I assume you aren't thinking of a comp pick) wasn't an option.

    The Cards were in a bit of a pickle with this however, had he been 28 or 29 it would have been an easier decision. They paid retail for him, and they have the money, so it isn't horrible. It will all depend on how he ages.

    But given his production history and his current age, I have a feeling he won't live up to 97,000,000 over those 5 years. Unless salaries explode even more (which is very well possible) he'll have to pretty much have his most productive 5 year period in his career for him to "live up to it".

  10. #9
    Member MikeThierry's Avatar
    Join Date
    Aug 2010
    Location
    St. Louis, Mo
    Posts
    3,593

    Re: Cardinals sign Wainwright to Extension

    Hometown, I see what you're saying but at the same time, I don't know why Cardinals fans worry so much about the Cardinals expense. The organization has presented this tale to the fandom that they're this mid-market team that's cash strapped. St. Louis fans have bought into this "woe is me" argument from management. However, just look at the recent Forbes annual franchise evaluation of MLB teams. The team had a revenue last season of 239 million, even with their god awful pitiful TV contract. Their payroll is 134 million (I'm assuming that's including all minor league players as well as big league players). They have a miniscule operating income of 19 million. This team is not going into the poor house anytime soon. Now that they've almost paid down the new stadium that profit stream will continue to grow due to not allocating revenue towards it. Even with arbitration cases coming up, they've locked up most of their core long term. What the Cardinals spend on their elite players doesn't make me stay up at night, I'll just say that.

    http://www.forbes.com/teams/st-louis-cardinals/
    “Our next home stand follows this road trip.”

    “I just want to tell everyone Happy Easter and Happy Hanukkah.” says on the day before Easter

    Mike Shannon

  11. #10
    Member MikeThierry's Avatar
    Join Date
    Aug 2010
    Location
    St. Louis, Mo
    Posts
    3,593

    Re: Cardinals sign Wainwright to Extension

    By the way, I'm looking at that list and I didn't realize that Steinbrenner bought the Yankees for only 10 million. They're now worth 2.3 billion. That may be one of the best investments in the history of sports.
    “Our next home stand follows this road trip.”

    “I just want to tell everyone Happy Easter and Happy Hanukkah.” says on the day before Easter

    Mike Shannon

  12. #11
    Start the Reactor! *BaseClogger*'s Avatar
    Join Date
    Oct 2007
    Location
    Midland, MI
    Posts
    6,417

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by MikeThierry View Post
    By the way, I'm looking at that list and I didn't realize that Steinbrenner bought the Yankees for only 10 million. They're now worth 2.3 billion. That may be one of the best investments in the history of sports.
    About as good as that investment they made in Babe Ruth 50 years earlier, eh?
    "On-base percentage is great if you can score runs and do something with that on-base percentage," Baker said. "Clogging up the bases isn't that great to me."

  13. #12
    Member MikeThierry's Avatar
    Join Date
    Aug 2010
    Location
    St. Louis, Mo
    Posts
    3,593

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by *BaseClogger* View Post
    About as good as that investment they made in Babe Ruth 50 years earlier, eh?
    Probably better.
    “Our next home stand follows this road trip.”

    “I just want to tell everyone Happy Easter and Happy Hanukkah.” says on the day before Easter

    Mike Shannon

  14. #13
    Member
    Join Date
    Jun 2012
    Posts
    631

    Re: Cardinals sign Wainwright to Extension

    Great, I see this as hampering the Cards in a few years. It seems to be a pretty big gamble for his injury history. He'll be effective but they are hoping he's another Chris Carpenter which statistically is pretty rare.

  15. #14
    Member MikeThierry's Avatar
    Join Date
    Aug 2010
    Location
    St. Louis, Mo
    Posts
    3,593

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by Trajinous View Post
    Great, I see this as hampering the Cards in a few years. It seems to be a pretty big gamble for his injury history. He'll be effective but they are hoping he's another Chris Carpenter which statistically is pretty rare.
    I don't see how this will hamper the Cardinals considering that there are no huge contracts coming up soon and they have a lot of young talent with cost control for a long time. The only contract that they might have to spend money on is Freese and that's a maybe. With Holliday, Wainwright, Molina, and Craig, you're talking about 57-60 million worth of salary. That leaves a huge chunk of money out of a 120-130 payroll ceiling. Having 40-60 million to spend when your club is full of cost control doesn't make any major contract they have a money drain. I congratulate Mozeliak for creating a situation where they won't be cash strapped. And thank god the Cardinals didn't sign Pujols,

    Hometown, I also think there is minimal chance that they resign Westbrook if that means he's going to block Wacha or Carlos Martinez.
    “Our next home stand follows this road trip.”

    “I just want to tell everyone Happy Easter and Happy Hanukkah.” says on the day before Easter

    Mike Shannon

  16. #15
    Member Tom Servo's Avatar
    Join Date
    May 2006
    Posts
    7,390

    Re: Cardinals sign Wainwright to Extension

    Quote Originally Posted by kaldaniels View Post
    He was set to be a free agent after this year, so flipping after the season (I assume you aren't thinking of a comp pick) wasn't an option.
    I meant this 2012-2013 offseason, should have clarified.
    "Since I've been with the Reds in 1989, we've never had a farm system this loaded," Bowden said. "If we were the New York Yankees and had unlimited dollars, we could have traded for Colon, (Jeff) Weaver, Rolen, (Cliff) Floyd, (Kenny) Rogers and Finley and gotten them all -- and still held onto our top five prospects. That's an amazing statement."


Turn Off Ads?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Board Moderators may, at their discretion and judgment, delete and/or edit any messages that violate any of the following guidelines: 1. Explicit references to alleged illegal or unlawful acts. 2. Graphic sexual descriptions. 3. Racial or ethnic slurs. 4. Use of edgy language (including masked profanity). 5. Direct personal attacks, flames, fights, trolling, baiting, name-calling, general nuisance, excessive player criticism or anything along those lines. 6. Posting spam. 7. Each person may have only one user account. It is fine to be critical here - that's what this board is for. But let's not beat a subject or a player to death, please.

Thank you, and most importantly, enjoy yourselves!


RedsZone.com is a privately owned website and is not affiliated with the Cincinnati Reds or Major League Baseball


Contact us: Boss | GIK | BCubb2003 | dabvu2498 | Gallen5862 | LexRedsFan | Plus Plus | RedlegJake | redsfan1995 | The Operator | Tommyjohn25