Showing posts with label Contracts. Show all posts
Showing posts with label Contracts. Show all posts

Tuesday, January 4, 2011

CarGo Cashing In

Former Silver Hawks outfielder Carlos Gonzalez is on the brink of cashing in on his huge season in 2010.  ESPN.com is reporting that he just needs to pass a physical in order to finalize a seven year, 80 million dollar deal.  Not bad, huh?

Also, as if the playing contract wasn't enough, he's also signing endorsement deals, like this one with Gillette (thanks to offical scorer Pete Yarbro for the link).

Thursday, December 2, 2010

Notes from the Parent Club

It's kind of a slow day around the blog the last few days, but I can always count on the parent club Diamondbacks to be in the news. Here's a rundown on some good reads about what Arizona has been doing the last few days:

-First of all, I know some people are planning on attending Spring Training at the new facility. Here's a schedule of when the Diamondbacks will play in the Cactus League.

-Yesterday, the Diamondbacks inked former Dayton Dragons star Wily Mo Pena to a Minor League deal. He's an option in left field, according to Nick Piecoro of the Arizona Republic.

-Arizona also has to make some decisions on whether to tender contracts to eight players. See the list here.

Wednesday, March 3, 2010

As If He Wasn't Rich Enough Already...

...Justin Upton is on the verge of signing a mega deal with the Arizona Diamondbacks. You will certainly remember Upton from 2006 when he was with the Silver Hawks, as an 18-year-old who had just signed a contract with a 6 million dollar signing bonus.

Apparently, the time has come to restructure the deal, and he's going to get paid a lot more money.

Before I go any farther, let me make a couple of things clear:

1) Let's not pile on Upton here. He's just living in the world of baseball and the insane contracts they sometimes pay out. If any of us were offered 6 million to sign our names to a contract, or 50+ million as an extension, we'd all sign it.

2) Many fans have said they didn't really like Upton when he was here. From everything I've been told, he needed an attitude adjustment. I've never met the guy, but I'm willing to cut him some slack. Imagine being 18 and dealing with the pressures of everything saying you are the next Ken Griffey, Jr or Willie Mays. I can forgive him if it went to his head a little bit.

3) Baseball salaries are outrageous. There, I said it. I understand that these players bring huge crowds to the ballpark, and that many owners get rich because of them. Even still, it's absurd how much money these guys make (and yes, I'm insanely jealous).

I'll let Nick Piecoro tell you why he thinks this might not be a great move for the Diamondbacks.

Friday, February 26, 2010

D'Backs Want Miguel Montero Locked Up Long Term

More from Steve Gilbert about the Diamondbacks wanting to sign former Silver Hawks catcher Miguel Montero to a long term deal.

Montero, 26, was a member of the 2004 South Bend Silver Hawks. While in South Bend, he hit .263 with 11 homers and 59 RBIs. He also led the team with 36 walks, helping him to post a .330 on-base percentage.

Wednesday, September 23, 2009

Drama in the Desert

Have you all been paying attention to what's going on in Arizona between the Diamondbacks and former South Bend pitcher Brandon Webb? It's a mess.

The backstory:

-Brandon Webb was the team ace, winning the Cy Young Award in 2006.
-The Diamondbacks loved Brandon Webb. They paid him a decent salary to keep him.
-Brandon Webb got hurt on Opening Day 2009. He hasn't pitched since.

Now, the contract stuff:
-Webb's contract has an 8.5 million dollar option for 2010. If he's healthy, this is a bargain for the Diamondbacks (at least, in my opinion it is).
-The Diamondbacks don't want to pay him 8.5 million dollars, given that they paid him all this season when he was hurt.
-If the Diamondbacks don't pick up his option, they have to pay Webb a 2 million dollar buyout, and he can test the free agent market.

Because they don't want to pay him 8.5 million, and they also don't want to pay him 2 million to go be a free agent, the Diamondbacks are trying to renegotiate the contract. Webb wants nothing to do with that.

Webb also thinks he can get at least 8.5 million on the open market, comparing himself to John Smoltz who just got over 5 million this year.