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Thread: Toronto offers Wells a 7 year $126M extension

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    Member Reds Fanatic's Avatar
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    Toronto offers Wells a 7 year $126M extension

    http://sports.espn.go.com/mlb/news/story?id=2696708

    The Blue Jays apparently are serious about keeping budding superstar Vernon Wells in the fold.

    Wells, who can become a free agent after next season, was offered a seven-year, $126 million extension by Toronto. No deal has been agreed to, however.

    Wells, who will make $5.6 million next season, confirmed the offer in an interview with The Globe and Mail, but wouldn't confirm the amount.

    "It's somewhere in there," Wells told the Globe on Tuesday. "But to be honest, other than that, I don't feel under any obligation to make any more comments about it."

    General manager J.P. Ricciardi also confirmed to the newspaper that a contract had been offered.

    Ricciardi told ESPN.com's Jerry Crasnick on Monday that the team was leaning toward keeping Wells, even if it can't reach agreement on an extension.

    Wells, a two-time All-Star and three-time Gold Glove Award winner, hit .303 with 32 homers and 106 RBI last season. Even though next winter's free agent crop is exceedingly deep (Andruw Jones, Torii Hunter, Mike Cameron, Mark Kotsay and Aaron Rowand will also be on the market), Wells looks like a strong candidate to receive a nine-figure deal.


    Ricciardi recently told USA Today that the Blue Jays will have to "explore" the possibility of trading Wells if they can't sign him to a long-term contract. He told the newspaper that he should have a better idea where things stand with Wells in early January.

    "We're going to exhaust every possible way to sign the player," Ricciardi said Monday. "Ownership has been great to us, and if it gets to a point where we can't sign him, then we can't sign him. That's the reality of it. It's not that we don't want to."

    When asked to give odds on the likelihood of Wells wearing a Toronto uniform in 2007, Ricciardi declined to make a prediction.

    "I don't want to predict numbers," he said. "If you've been to the race track with me, you'd know I'm not too good."

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  3. #2
    Member Highlifeman21's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    So much for them saying they wouldn't give him Beltran money....

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    Two-Time Batting Champ Edd Roush's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    Money paid to ballplayers is turning into Monopoly money.

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    Tired of talk. Win! Joseph's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    The only excuse not to sign is if he doesn't want to be there.

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    Potential Lunch Winner Dom Heffner's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    free agent crop is exceedingly deep (Andruw Jones, Torii Hunter, Mike Cameron, Mark Kotsay and Aaron Rowand will also be on the market),
    If that's deep, I'd sign Wells.
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    Re: Toronto offers Wells a 7 year $126M extension

    Well for just CF's that's a heckuva lot better than this year's crop with the likes of Matthews Jr., Pierre and Lofton heading the class... well I guess Edmonds too but he's declining himself. Hopefully contracts will not raise any more and drop a little next year since this year's market is overinflated.

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    Re: Toronto offers Wells a 7 year $126M extension

    Quote Originally Posted by Dom Heffner View Post
    If that's deep, I'd sign Wells.
    Until he's 35?

    The money being paid to these guys per-year I can deal with -- it's the length of the commitment at that dollar figure that is just staggering.

    Conventional wisdom says you lock guys into a price in order to protect against inflating salaries -- but it's just playing with fire to say Wells will be worth the kind of money he'll make in 2012 at the age he'll be. Of course, by then, $17 million per year might well be league minimum...
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    Re: Toronto offers Wells a 7 year $126M extension

    Do owners never learn?

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    Joe Oliver love-child Blimpie's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    Quote Originally Posted by Joseph View Post
    The only excuse not to sign is if he doesn't want to be there.
    That...or that the Royals are offering him $ 145 million.
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    Re: Toronto offers Wells a 7 year $126M extension

    Can you imagine what Dunn will ask for in 2 years!!!!!

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    Rally Onion! Chip R's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    OK, if you are Vernon Wells, do you sign the extention now or do you bet that salaries will increase further after 2007 and become a free agent?
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    Member NDRed's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    Quote Originally Posted by Chip R View Post
    OK, if you are Vernon Wells, do you sign the extention now or do you bet that salaries will increase further after 2007 and become a free agent?

    126 Million dollars guaranteed!

    What are you holding out for? 20 million per year instead of 17 million per year.

    You and your next several generations are set for life. As Joseph said if Wells doesn't sign its because he wants to leave or he is crazy.

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    Re: Toronto offers Wells a 7 year $126M extension

    Quote Originally Posted by NDRed View Post
    126 Million dollars guaranteed!

    What are you holding out for? 20 million per year instead of 17 million per year.

    You and your next several generations are set for life. As Joseph said if Wells doesn't sign its because he wants to leave or he is crazy.

    If he doesn't sign and sign now he's stupid $126M offer on the table right now is to big to pass up. What happens if he gets seriously injured? There are too many risks out there to pass this offer up.
    THE University of Cincinnati

  15. #14
    RZ Chamber of Commerce Unassisted's Avatar
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    Re: Toronto offers Wells a 7 year $126M extension

    My first thought was that this was David Wells from the thread title and the fact that Wells had been in TOR before. I'm still a bit shaken from thinking that a team would pay him that much to play into his 50s.
    /r/reds

  16. #15
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    Re: Toronto offers Wells a 7 year $126M extension

    Quote Originally Posted by beb30 View Post
    If he doesn't sign and sign now he's stupid $126M offer on the table right now is to big to pass up. What happens if he gets seriously injured? There are too many risks out there to pass this offer up.

    He should have a long talk with Nomar if he is considering doing anything other than driving straight to the Blue Jays office and signing this contract.


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