Dec 10, 2012, 11:19 AM EST
Zack Greinke‘s new six-year, $147 million contract with the Dodgers got me wondering just how much money Jered Weaver gave up by signing an extension with the Angels rather than hitting the open market alongside Greinke this offseason.
Weaver agreed to a five-year, $85 million contract in August of 2011, which bought out his final season of arbitration eligibility and first four seasons of free agency.
At the time everyone–even Weaver, seemingly–agreed that he had left a considerable amount of money on the table, but his basic point was that staying with the Angels was very important to him and … well, $85 million is still a whole lot of money. Now that Greinke has signed we can get a clearer picture of just how much money Weaver left on that table.
Greinke is 29 years old with a 3.77 ERA in 1,492 career innings, including a 3.83 ERA in 604 innings during the past three seasons. Weaver is 30 years old with a 3.24 ERA in 1,320 career innings, including a 2.73 ERA in 649 innings during the past three seasons.
It seems hard to argue that Weaver isn’t as good as Greinke and there’s certainly an argument to be made that he’s better. And yet Greinke will be getting $147 million over the next six seasons while Weaver will be paid $70 million over the next four seasons. If healthy Weaver will close some of that gap with his next contract that covers Season 6 and Season 7, but it sure looks like he cost himself at least $40-$50 million by not testing free agency.
- Blue Jays sign Dayan Viciedo to a minor league deal 7
- Chris Sale will be sidelined for three weeks with foot fracture 10
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 295
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 51
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (295)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)