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Cubs GM Jim Hendry says Carlos Zambrano's contract wasn't a bad deal … and he's right

Jun 28, 2010, 11:44 AM EST

At this point anything having to do with Carlos Zambrano seems like a disaster, but general manager Jim Hendry said yesterday that the five-year, $91.5 million extension the Cubs gave the now-suspended right-hander in mid-2007 was a perfectly reasonable deal:

There was nothing wrong with the investment. This guy was an outstanding pitcher in the National League, in the game, for the four, five years before that. There was no question that the deal was a solid one in the industry. He certainly would have been one of the hotter tickets on the street if that thing went to the end of the season.

This guy pitched a lot of innings, won a lot of games. Really, over the body of work, pitched as well as anybody in the National League for a three, four year period. He certainly pitched well enough to earn that contract whether it’s here or somewhere else.

And you know what? He’s right.

At the time of the deal there were certainly some signs that Zambrano wouldn’t age particularly well, because his performance had already slipped a bit and he’d racked up a ton of mileage on his arm. However, he was a 26-year-old workhorse with an 82-55 record and 3.41 ERA in nearly 1,200 career innings, including five straight 200-inning seasons and top-five Cy Young finishes in three of the previous four years.

There’s some room for debate about whether the Cubs should have committed themselves to five more years of Zambrano, but there’s no question $91.5 million represented significantly less than he would have received on an open market that was much more flush with cash than the current version. That was $35 million less than Barry Zito got from the Giants just six months earlier, and that same offseason the Cubs gave $136 million to Alfonso Soriano.

Perhaps the Cubs should have seen this coming, whether from a performance or personality standpoint, but if anything investing $91.5 million over five seasons in a 26-year-old Zambrano was a bargain in the ’07 market.

  1. Jonny5 - Jun 28, 2010 at 12:35 PM

    Wait, you need to rephrase. “Didn’t look like a bad deal” you mean. “Looked like a bargain” you meant. Seriously though, He’s been just below a 4 era since then, until this season where he’s just under a 6 era. Now they’ll need to eat how much of his contract just to unload him? Someone check the drinking water In Chicago because it seems to be high on the mercury side. Chicago made Milton Bradley nuts, Carlos Zambrano nuts, Lou Pinella nuts, and people hang dead goats from a memorial to Harry Caray??? Has anyone looked into Chicago Drinking water?

  2. AZTwins - Jun 28, 2010 at 3:26 PM

    In the Cubs and Chicago’s defense…. Bradley and Pinella were already crazy before they got to Chicago…

  3. bigtrav425 - Jun 28, 2010 at 7:56 PM

    At the time it was a great deal for what he accomplished at the time.Cant really be to pissed about it.Its always a risk signing pitchers to long term deals

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