Jays, Romero reach 5-year, $30 million extension
Ken Rosenthal, via MLB Trade Rumors, is reporting that the Jays and Ricky Romero have reached a 5-year, $30 million contract extension. The deal includes an option for the 2016 season. Rosenthal says this is the largest extension for a pitcher with less than two years of service time, though Ricky is only about 6 weeks short of 2 years.
We'll have a full analysis later, but on first blush, I like this deal quite a bit both for Ricky and for the Jays.
almost 2 years ago
hugo
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I beat you to this by a full 3 minutes, Hugo. :)
All told, a good signing by the Jays, I think.
Gotta play 'em, might as well win 'em.
"You had to have the BIG salad."
"Suit up."
"Eric, when your mom says are you ready for your catheter...the answer is no."
haha, nicely done
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
not sure
$6m per….how does this line up with Lince’s?
Would he get to $6m before 2nd arb year if we went one year at a time?
poorly worded
I dounbt he’d get $6m before his 2nd arb year, could get it in his second though.
assuming he would have played close to the minimum next year, it would essentially average $7.5m over his arb years and first year of free agency. Hmmmm….need more info…..wouldn’t be surprised if the $30m included the buyout of a sixth year club option.
as you point out, unlike Lincecum, Romero wouldn't have been a super two
so next season he could have been renewed.
FWIW, fangraphs had Romero’s 2009 as worth over $12 million in market value and this season he’s up near $14 m. As you said, he’s unlikely to get $6 million in his first arbitration year, but those later arbitration years and that free agency year could have been very expensive going year to year. Not only that, but for this extension, that first free agent year isn’t coming without a multi-year deal attached, almost at any price.
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
There was an article early this season on Wainwright's deal
If you scroll to the Salaries section you can see its structure
http://www.baseball-reference.com/players/w/wainwad01.shtml
I would assume that Romero’s deal would escalate in a similar fashion.
On the surface this looks like a good deal for the Jays
and RR Cool Jay.
I got annoyed when I read some of the analysis about Ricky that he was going to get his head pounded in regularly this year and dismissed him as some kind of fluke. At times he had a rough go, but he was a rookie and he was pitching in the AL Beast.
In honor of the Jays 2nd Baseman who played with fire in more ways than one.
by Damaso's Burnt Shirt on Aug 14, 2010 3:41 PM EDT reply actions
he also had some pretty bad luck on balls in play, something like .340 BABIP
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So including his current contract, how long is he with us until?
Regardless I think this is a bargain price for him.
now, through 2015
before the deal, he was under team control through 2014.
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
bastian and davidi
confirming a sixth year option
So basically what the deal boils down to is
avoiding all his arbitration years and the first couple of his free agent years? Is he worth 6 Mil now possibly but he doesn’t get that right so from 2011 to when he’d be arb-eligible he’s getting a huge raise but after that we’re getting a bargain, I’ll take it.
Another great move by AA.
Oh how I don’t miss JP.
the guy who drafted Romero, you mean?
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
still have to give him credit
maybe all he did was ‘not make a bad pick,’ but that’s really no different
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Kinda of a dumb question....
But is there a site for MLB like capgeek.com is for the NHL?
not exactly
but there’s Cot’s Baseball Contracts that is very useful
I am surprised that this deal got done at this time because tomorrow is the draft signing deadline. I thought AA would have been busy with that and the waiver process. Nice signing though.
Something interesting I stumbled upon today in my recent joy of watching the Red Sox fall apart
You have to be kidding me! A sling for finger surgery? What a drama queen.
Its not like he asked for one. Most hand injuries require the arm to be in a sling. I broke bones on the top of my hand and still had to elevate it
http://www.reverbnation.com/syc
http://www.facebook.com/thesyckid
http://www.twitter.com/thesyckid
Anyone watching the Padres-Giants game on FOX?
Everyone’s favourite Kevin Millar is doing the colour
Ball.
just the squeakky wheel getting oiled
or ee for pastornicky?
I like the kind of message this extension sends to the other young Jays players
$30 M seems like a lot, but I’m pretty confident that Romero is just going to get better, with the wicked stuff he has.
Actually 30 million might not be a lot
wainwright, blackburn, baker as simliarly aged pitchers who had their arbitration bought out, yes it cost only about $15million for their arbitration years, but Wainwright’s deal shows that buying free-agency years is relatively expensive. Over 5 years Wainwrights deal is actually $35million.
Not only young players on their team
But the league also
Not really I think it worked out ok
We got a great number 2, solid 1 instead of a good SS.
That would be a no brainer if that question was asked two years ago. But now we have a front of the rotation guy who is locked up for several years. The extra time it took Romero to get to the big leagues kind of saved us some arbitration years.
I know the Romero-Tulowitzki debate has been well talked about, but at least we don’t have to talk about the Gordon-Tulowitzki debate.
Strange that a little more than 2 years ago, the majority of Blue Jay fans were writing him off as a prospect (remember the ‘JP screwed up by not drafting Tulo but Romero instead’ stuff?).
How things change….for the better.
Wonder who they’d lock up next? I’m thinking Morrow.
I think Bautista will be next
I am betting Bautista’s offer is going to be a challenging number to come up with. There isn’t really anyone to compare Bautista to. No one else has ever had a career like Bautista. Scutaro might be the closest example, but Bautista is going to get more than Scutaro got.
I think a whole bunch of people need to reacquaint themselves with just how good Tulowitzki is. The issue with the draft pick was never that Romero was a dud – he was a legit mid first rounder – it was with the Jays passing over a stud in Tulo.
but so is Romero
he has excellent numbers in an extremely tough division, one where great starting pitching is essential to be successful. Tulo’s a very good player, no doubt, but Romero is too, and will be a key part of this team if the Jays plan on contending sometime soon
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Tulo put up a 134 OPS+ last year and, despite injury, 128 this year. From a shortstop position which he plays exceptionally well. Romero may be good but picking him is still a franchise-defining mistake.
franchise-defining?
the Jays have a proven, young shortstop who’s considered by some (the Braves included) to be the best defensive SS in the Majors, and who OPS+’d 112 over his first 3 years (109 in Toronto). Yes, Tulo’s a great player, but he wasn’t going to transform the Jays into perennial pennant winners. Tulo might have been the better choice, but it really doesn’t make a lot of sense to fault the Jays on this one
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I like it
Good risk/reward for the Jays IMO. I like Ricky’s makeup and he has the stuff to be a #2 in a rotation. If he finds a bit more consistency with the changeup especially he could win 17 games. We’ve seen flashes of how dominant that pitch is.
As for Marcum, I would not support this kind of deal. I don’t think he has the stuff to be a consistent winner like Romero.
given where Marcum is in his service time
it would be amazing if the Jays could get the same deal.
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
I’m not sure if Marcum’s extension is that high on the list of priorities. Given what AA said in the SI-Verducci article, he might be valuing power arms more (of course, given that it’s for a national publication, AA wouldn’t be necessarily be giving up all his bag of tricks). Also, with Marcum’s supposed flawed mechanics that leads to injuries, I think AA might want to trade him as opposed to keeping him.
With the whole power arms thing in mind, that’s why it makes sense that Morrow would be up next.
I actually don't think that the Jays will lock Marcum up at all
maybe a 3-year deal at the most. I was just saying that because of their difference in service time, if you could get the same deal, of course you would.
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
Best to sign Marcum to short-term contracts
You never know which year he’ll go Cory Lidle on us (R.I.P)
bit of a silly comparison
Lidle’s career K/9 was 5.7. Marcum’s is a very healthy 7.3
"Let us go forth awhile, and get better air in our lungs. Let us leave our closed rooms... The game of ball is glorious." - Walt Whitman
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