Saturday, March 29, 2014

Mega Extensions for Trout and Cabrera

These past few days two of the biggest players in the game signed extensions with their current teams. Mike Trout signed a 6 year $144.5 Million deal with the Angels which will carry him until his age 28 season, where he will likely get a deal worth $30 Million in average annual value. Miguel Cabrera signed an 8 year $244.5 Million deal with the Tigers.

The Trout deal is great for both the Angels and Mike Trout. The deal starts off slow with Trout making just $5.25 Million in 2015, $15.25 Million in 2016, $19.25 Million in 2017, then $33.25 Million the three years following. The best part of this contract for the Angels is the fact that Trout will only begin to earn the bulk of the contract when Josh Hamilton's deal ($25 Million average annual salary) is finished. The deal is great for Trout because if he hits the open market, he will be 29 years old. Whether the following contract is with the Angels or another team Trout is likely to get a contract of equal or greater average annual value if he continues how he is playing. Also with Trout being just 22 years old, the timing of this contact may cause Trout to be the richest baseball player of all time.

I do not agree with the Miguel Cabrera deal. Although he has been the most productive hitter in baseball the past three seasons, he is already 30 years old. Cabrera will play out the next two seasons earning $22 Million each season, then the deal will kick in starting 2016. Cabrera will only get older like anyone else, and his fielding will become progressively worse. Cabrera has never been an average fielder anywhere he played at any age. He made 25 errors in 2 seasons at third base, and his range is limited at first base. The second half of this contract is most likely going to be paying for Cabrera to be a designated hitter. I saw a picture on Facebook that Miguel Cabrera will be making $49,000 an at bat for the rest of his career, and the median annual salary in Michigan is $48,000. We all know baseball players are over paid, but when is enough? Is extending  Cabrera really worth the departure of both Fister and Fielder?

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