Mar 21, 2010, 7:18 PM EST
Joe Mauer’s new eight-year extension is worth $100 million more than any other contract the Twins have ever handed out and committing to pay a catcher $23 million per year through his age-35 season in 2018 represents a massive amount of risk.
With that said, it was a no-brainer.
First and foremost, if reasonably healthy Mauer should be worth the $23 million per season for most of the deal. Through his first five full seasons in the majors Mauer was worth an average of $22 million per year according to Fan Graphs’ player valuation system, including $26 million in 2008 and $36.6 million while winning the AL MVP in 2009.
As a catcher with previous knee and back injuries Mauer is at a far higher risk to decline or age poorly than most players, but it’s tough to worry too much about how the deal might look come 2017 or 2018 when the Twins’ new ballpark is opening next month. After all, Target Field was built in large part to help the Twins increase their revenue and payroll enough to support retaining star players as they neared free agency.
As a 27-year-old native Minnesotan and former No. 1 overall pick coming off an MVP season Mauer fits the “star” bill about as well as humanly possible, so if ever the Twins were going to over-commit this would be the time. Ultimately even with Target Field they’re likely to remain in the middle of the payroll pack, so $184 million is a scary number, but it’s certainly a fair deal relative to the eight-year, $180 million contract Mark Teixeira signed with the Yankees last offseason.
Plus, it would have been sad if the people of Minnesota burned down Target Field after just one season.
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 23
- MLB rules committee decides to eliminate collisions at home plate 29
- Mariners sign Corey Hart to incentive-laden deal 27
- David Price would not consider an extension with the Mariners if he’s traded there 33
- Media paying for athlete interviews? Not likely. But watch this stuff closely anyway. 20
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)