Carl Panano Signs With Indians

by Tom Dakers on Jan 7, 2009 12:43 AM EST in Toronto Blue Jays News

A name mentioned around here as a cheap starting pitching option has signed with the Indians:

Pavano is guaranteed $1.5 million and a spot in the rotation for 2009, with the possibility to earn another $5.3 million in performance-based incentives. The incentives don't kick in until Pavano notches at least 18 starts. The deal does not include an option.

With how much others have been signing for, this doesn't seem like that much of a bargain to me. I'm kind of glad he didn't sign with us. What are the odds he gets to 18 starts?

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At $1.5 million, its really not a bad deal. Obviously there is some risk with this guys injury history, but he was healthy at the end of 2008 and pitched well enough. Mike Wilner began suggesting that the Jays should target Pavano last July or August, and I tend to agree that it would have been a good deal.

Granted Pavano’s salary is more than what either Clement or Maroth are slated to get, but he at least threw a few pitches in 2008 (unlike the other two). I see a bit more upside to Pavano.

Now, if Pavano is doing well after 15 or so starts, Cleveland can keep him going. Even $5 million isn’t too bad if you can get close to 200 innings and double digit wins out of a guy. Should be stink it up or get hurt, $1.5 mil won’t hurt the Indians’ bottom line.

I would’ve liked to see this guy here.

Bradley
http://44north.mlblogs.com

by 44north on Jan 8, 2009 6:45 PM EST reply actions