Jul 25, 2012, 9:15 AM EST
The Phillies deal with Cole Hamels is big. Really big. Like, the second largest contract to a pitcher in baseball history big. $144 million guaranteed, $161 million with a vesting option, the details of which are not known.
But here’s the question: can the Phillies really pull this off?
And by “this,” I mean the vast payroll outlays they have on the books. As of now, the Phillies owe $133 million in 2013 to only nine players. Add to that a $5 million option owned to Carlos Ruiz that they’ll certainly pick up. I would assume at this point that Hunter Pence will be dealt for payroll reasons, but if he isn’t and they want him around, he’s going to cost eight figures next year too. That’s a lot of money for less than half of an aging roster.
But is it too much? Maybe based on what we’re used to with baseball economics it is. But as we’ve noted several times recently, we’re in a new era now thanks to the skyrocketing value of local TV deals. The sort of which allowed the Angels to pay Albert Pujols what they paid him, with the difference being totally made up by the increase in their annual take from Fox. An increase, thanks in part, to the star power that they can put on TV each night.
So, you’re the Phillies: you’re filling the house every night and, in three years, you can expect to get a windfall in local TV bucks. If you don’t pay Cole Hamels that money and keep the team on perpetual win-now footing, are you able to reap that money? If you do reap it, is Cole Hamels’ deal all that bad?
As is always the case, it depends on the cast surrounding him. Is Roy Halladay beginning a decline? Is Chase Utley on his last leg? Is Ryan Howard going to level off and come close to justifying that deal? Where is the rest of the offense going to come from?
Those are the big questions about the Phillies’ prospects going forward. The same questions they’ve always had. The money owed to Cole Hamels, in some sense then, is not the biggest concern. Assuming he doesn’t go full-blown Zito on them, the investment in Hamels seems like the smallest risk they have.
Dec 18, 2014, 10:47 AM EST
Quotes from manager Buck Showalter.
Dec 18, 2014, 10:30 AM EST
The city council will vote on the deal allowing the team to look for a new stadium site.
Dec 18, 2014, 10:15 AM EST
Okajima, who pitched six years in the majors for the Red Sox and briefly the A’s, has signed with the Yokohama Bay Stars.
Dec 18, 2014, 9:58 AM EST
He profiled as a back-of-the-rotation starter in the United States.
Dec 18, 2014, 9:41 AM EST
It won’t be a free agent free-for-all and it likely won’t be a draft. So how will the Cuban baseball players come to the United States?
Dec 18, 2014, 8:55 AM EST
Sadly, it is not Rudy Law. Though it is one of his teammates.
Dec 18, 2014, 8:00 AM EST
The Orioles’ slugger got a 25 suspension for taking the drug without an exemption in 2014. He’ll be back on it in 2015.
Dec 17, 2014, 11:35 PM EST
According to CBS Sports’ Jon Heyman, the Orioles, Reds, and Mariners are among the possible landing spots for the 32-year-old free agent corner outfielder.
Dec 17, 2014, 10:18 PM EST
Jeff Samardzija, former Cubs starter and recent White Sox trade acquisition, was welcomed back to the Windy City prior to Tuesday night’s NHL game between the Chicago Blackhawks and visiting Minnesota Wild …
Dec 17, 2014, 9:24 PM EST
David Hernandez looked like a non-tender candidate after undergoing Tommy John reconstructive elbow surgery in April, but the Diamondbacks decided to keep him around …
Dec 17, 2014, 8:10 PM EST
Ken Rosenthal of FOX Sports reports that the Marlins, Braves, and Giants have all expressed interest in free agent starter Jake Peavy …
Dec 17, 2014, 7:02 PM EST
From CBS Sports’ Jon Heyman comes word that the Royals have agreed to terms on a two-year, $20 million free agent contract with Edinson Volquez.
Dec 17, 2014, 6:16 PM EST
A three-team, 11-player trade has been agreed upon between the Rays, Padres, and Nationals. It centers around outfielder Wil Myers.
Dec 17, 2014, 5:08 PM EST
He is expected to be able to resume baseball activities before Spring Training begins.
Dec 17, 2014, 4:16 PM EST
One-time Red Sox prospect trying to snag a bench gig.
Dec 17, 2014, 4:05 PM EST
If you don’t love Pedro Martinez there is no helping you.
Dec 17, 2014, 2:51 PM EST
Sticking together after seven seasons.
Dec 17, 2014, 2:31 PM EST
The pitcher denies there were issues. But now he’s off to Boston, so I guess it doesn’t matter.
Dec 17, 2014, 2:01 PM EST
Wil Myers’ replacement in Tampa Bay?
Dec 17, 2014, 12:53 PM EST
And if it blows up, it could impact the Jimmy Rollins trade too.
- What will the future of Cuban players in MLB look like? 10
- Royals sign Edinson Volquez for two years, $20 million 27
- Rays, Padres, Nationals agree to 11-player trade 90
- Sergio Romo re-signs with the Giants for $15 million 14
- So, apparently we’re sweating the Matt Kemp physical now 46
- The United States will seek to normalize relations with Cuba 144
- Marlins complete Michael Morse deal: two years, $16 million 19
- Padres, Rays, Mariners discussing trade involving Wil Myers 36
- Baseball’s highest-ranking Hispanic woman employee sues for discrimination (163)
- The United States will seek to normalize relations with Cuba (144)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (110)
- Done Deal: Yoenis Cespedes and two players traded to Detroit for Rick Porcello and a minor leaguer (105)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)