Blog Entry

Baseball's worst contracts, zombie-style

Posted on: November 13, 2011 3:56 pm
Edited on: November 13, 2011 6:17 pm
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Werth, zombie

By Evan Brunell

What are the worst contracts in baseball?

Some of them are pretty easy. The names of Vernon Wells and Barry Zito, for example, have been synonymous with horrible contracts. Others aren't as easy to ferret out, but here's one man's look at the 10 worst contracts currently in baseball. To help us figure out which contracts are awful, I turned to a TV show that knows all about things awful: The Walking Dead. Because obviously, trying to survive in a post-apocalyptic, zombie-infested world is completely comparable to the onerous contracts some teams are saddled with.

There are three categories below, inspired by scenes from The Walking Dead that are linked for your viewing enjoyment and quotes, which aren't necessarily tied to the scene in the video. (Don't worry, no spoilers, but if you haven't seen the most recent episode, skip the scene in the last category anyways.) Be warned: If you are squeamish, it's best if you don't click through. Unless you're interested in giving your wastebasket the remnants of your most recent meal.

STILL KICKING

Walking Dead scene
"It's a waste of time, all this hoping and praying." -- Daryl (season 2, episode 2)

These players are nearing the end of their awful deals, like a zombie with no legs. Just like a zombie with no legs would keep crawling along trying to eat humans alive, so do these players keep on kicking. While their contracts don't look too bad given they're of the short-term variety at this point, there's no denying that these players are still of the undead. The years remaining on the contract to qualify for this list is two or less seasons. Also, this list does not include players who were released and are still owed money, such as Aaron Rowand, due $13.6 million by the Giants in 2012.

BayJason Bay, Mets
Contract: 4 years, $66 million, $16.5 million AAV. Remaining: 2 years, $39.25 million (includes 2014's $3 million buyout)

The Red Sox thought they had Bay locked up to a deal to stay in town, but Bay balked at medical contingencies in the contract, designed to protect Boston in case Bay's knees went. That allowed the Mets to swoop in on a deal they quickly regretted, as Bay's bat vanished in Citi Field, then struggled with concussions as his batting line in 2011 sank all the way to .245/.329/.374 with 12 homers in 509 plate appearances. Even though the club is set to move in its fences, it's tough to see Bay bouncing back and earning the rest of his deal which could potentially stretch through 2014. If Bay can reach 500 PA in 2012 and '13 -- a cinch as long as he stays relatively healthy, or 600 PAs in 2013, a $17 million club option vests. That would make this deal look even worse.

LeeCarlos Lee, Astros
Contract: 6 years, $100 million, $16.67 million AAV. Remaining: 1 year, $19 million

The Astros' impending move to the AL East for the 2013 season is coming one year too late. Lee's contract is finally due to expire next season, and one has to imagine that Lee will be the last man in a long time to receive $100-plus million for being such a one-dimensional slugger that can't even hit bombs anymore unless the Crawford boxes in left help him out. At this point, Lee is taking up space that could be better allocated to young players on a rebuilding club. Lee should have been dumped in a deal by now, but he has no interest in leaving Houston and has no-trade rights.

SantanaJohan Santana, Mets
Contract: 6 years, $137.5 million, $22.9 million AAV. Remaining: 2 years, $55 million (includes 2014's $5.5 million buyout)

Santana's never really bandied about as a person with a lousy contract, but the numbers are simply stunning. After the Mets gave up a bounty (of nothingness, as it turned out) to acquire the best starter in the game from the Twins way back in 2008, Santana has given the Mets one season of transcendence. Since then, it's been a whole bunch of injuries, causing the lefty to sit out all of 2011. That means over the last three seasons, Santana's contributed just 54 starts. And it gets worse, as his deal is backloaded for an incredible $55 million coming the next two years, and no guarantee Santana can even approximate the pitcher he once was after undergoing surgery to repair an anterior capsule tear in his left shoulder. New York holds a $25 million option for 2014 that can become guaranteed based on innings pitched and finish in award voting.

ZitoBarry Zito, Giants
Contract: 7 years, $126 million, $18 million AAV. Remaining: 2 years, $46 million (includes 2014's $7 million buyout)

This contract is so bad, even the buyout of Zito's team option in 2014 is horrible. The Giants might be paying Zito $7 million simply to go away. Being paid like an ace, he's been the team's No. 5 starter the last two season and will hold that role again in 2012. The selling point to Zito, despite the regression back to being a league-average player, is the fact he can chew up innings. One problem: the 2014 option vests automatically if Zito pitches at least 200 innings in 2013 or 400 between 2012-13. That's very feasible if the Giants keep him on his regular turn through the rotation, so he might have $18 million in 2014 headed his way.

NOT SO PRETTY

Walking Dead scene
"You don't know what it's like out there. You may think you do but you don't. It's only a matter of time. There's too many of those things. My boy, my wife, I never told them what I really thought. I never even hinted, just, just kept it in, kept us moving, kept it in, kept us moving." -- Rick (season 1, episode 6)

Little girls are cute... except when they're trying to tear your flesh off. Just as in the Walking Dead, baseball has its share of onerous, undead contracts that once looked pretty but now eat up as much payroll space as they can. Here are the worst deals left with less than five years remaining.

LackeyJohn Lackey, Red Sox
Contract
: 5 years, $82.5 million, $16.5 million average annual value (AAV). Remaining: 3 years, $47.85 million

Even though he has yet to reach the halfway mark of his deal, this contract already ranks as one of the worst in baseball history. The Red Sox thought they were getting a fiery, innings-eating No. 2 starter. Instead, what they've received is one of the worst pitchers in the game who shows up his teammates on the field. And now he'll be missing all of 2012 due to Tommy John surgery. That means, through three years of the deal, Lackey will have given Boston a 5.26 ERA in 61 starts. The only saving value to this deal is the surgery will kick in an additional year at the league minimum Lackey must play at, which will drag down his AAV and give Boston a couple extra million below the luxury tax to play with.

SorianoAlfonso Soriano, Cubs
Contract: 8 years, $136 million, $17 million AAV. Remaining: 3 years, $57 million

Soriano has kept up his home-run production since moving to Chicago, but his bat has slowed to the point where he's lucky if he cracks the .250 barrier in batting average. That wouldn't be such a big deal if the man knew how to take a walk once in a while, but he doesn't, as evidenced by his .289 OBP. New Cubs president Theo Epstein is going to be taking a lot of heart medicine these next three seasons as he watches Soriano clank balls in left field and stifle rallies with his inability to draw a walk. The Cubs appear as if they're going to enter a retooling period, so at least Soriano isn't holding them back from contending. But then again, that's exactly what he's done to Chicago the last couple years.
 
WellsVernon Wells, Angels
Contract: 7 years, $126 million, $18 million AAV. Remaining: 3 years, $72.96 million

Patience, Jerry Dipoto. Just keep telling yourself it's just three years. Dipoto, the new Angels GM, will have a challenge to build a winning club that includes Wells and his yoke of a contract that doesn't even tell the full story. For crying out loud, Wells is slated to receive $24.6 million each of the next three seasons. For comparison, only Alex Rodriguez and Ryan Howard will earn more on a AAV basis than Wells will receive through the end of his contract. Back when the deal was signed, Wells was poised to be one of the best players in the game moving forward. Now? He's essentially Alfonso Soriano, but with a much worse deal. How someone can have an OBP under .250 and still collect over 500 plate appearances is baffling. It will be a shock if Wells can finish out the deal without being released.

GUTS EVERYWHERE

Walking Dead scene
"Good thing we didn't do anything stupid like shoot it." -- T-Dog being sarcastic (season 2, episode 4)


These contracts are the worst of the worst. It's almost like being a zombie stuck in a water well for weeks, then finally getting dragged out of the well only to split in half and spew its guts everywhere. In other words, fans of these teams have nothing but good things to look forward to.

HowardRyan Howard, Phillies
Contract: 5 years, $125 million, $25 million AAV. Remaining: This deal kicks in for 2012.

Howard was once a very, very good player that had his career held back due to the presence of Jim Thome in town. When he finally earned the right to play every day, he started mashing and just wouldn't stop. So what did GM Ruben Amaro do? Simple. He gave Ryan Howard one of the richest deals in baseball history... two full seasons before it was set to kick in. And what's happened in those two full years? Well, Howard's essentially become a platoon player who can't field and whose bat has slowed to the point where he can't be considered an elite first baseman anymore. And this is someone who will miss the beginning of 2012 thanks to an Achilles tear that could torpedo his career. His lucrative contract, which will leave him behind just Roger Clemens and Alex Rodriguez for the highest AAV in baseball history, is just beginning. By the way, he has a 2017 team option for $23 million that will hand him a whopping $10 million in a buyout.

RodriguezAlex Rodriguez, Yankees
Contract: 10 years, $275 million $27.5 million AAV. $30 million due if he hits home-run milestones. Remaining: 6 years, $143 million (plus milestones)

There's no question Rodriguez has been a fantastic player, steroids or not, and he'll retire as one of the best players in the game of baseball. But his 10-year deal with the Yankees was silly when it was signed and it's even sillier now. Coming off what A-Rod called the worst season of his career, the Yankees are suddenly staring at $143 million over the next six years being given to a DH who is lucky if he can reach 30 home runs and 100 RBI. Rodriguez is simply not the same player he once was, and instead of being in his own class these days, he's now merely "very good." And you don't want "very good" from a player earning millions through age 42.

WerthJayson Werth, Nationals
Contract: 7 years, $126 million, $18 million AAV. Remaining: 6 years, $115.4 million

Here's one number to avoid in baseball: 126. That's exactly how much money (in millions, of course) Zito and Wells are receiving to be money drains for the club. And now Werth gets to be a money drain, and he still has so much more due to him after playing 2011 at $10.6 million. You can't blame Werth, who also (of course) has a no-trade clause, for accepting such a deal. It was obviously a gross overpayment that no one was going to match, but it's hard to envision what the Nats were thinking. Yes, they wanted to make a statement. But was someone set to play 2011 at age 32  with notable platoon splits really the man to make a splash with? The right fielder will likely bounce back from his .232/.330/.389 line set in his first year with Washington, but he will never justify this contract.

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The Walking Dead photo courtesy the show's download page available to public.
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Comments

Since: Nov 24, 2008
Posted on: November 16, 2011 11:32 pm
 

Baseball's worst contracts, zombie-style

MNcckrdr:

You don't really think Jerry Jones and guys like him are dumb enough to part with their own mazooma, do you? I mean, get real.  These folks are so tightly wrapped with the politicians that these kinds of sports venues are a lock to be built without a cent of their own money standing a chance of being picked from their pockets. Get real, and don't believe the propaganda what you read/hear about relative to what it costs ' them '.  In the end, the taxpayers bear the burden of paying off the note, and the owners get the profits. When was the last time you got your share of the income generated by the closest sports venue where you live, or had your taxes lowered because so much income is generated by it - especially after the bond was floated to finance it? C'mon, now.



Since: Mar 8, 2011
Posted on: November 14, 2011 5:38 pm
 

Baseball's worst contracts, zombie-style

"Out of those 85 how many would you have wanted on you team? i came up with about 20% of the list".  Since that would be 17 players, I could make a helluva team with 20%.  Point taken though. I'm assuming you meant 20% based on production and salary.  It's hard to put injured players on the bad-contracts list, but it's a reality.  You don't get your return on your investment, despite the insurance policies that another poster mentioned. Getting paid back unfortunately doesn't (generally) equate to having a capable stand-in to win games while your player sits on the DL.  This coming from a Twins fan speaking from a painful year of experience.  I liked the premise of this article though.  Put these outrageous contracts out in the forefront and maybe it takes a little of the swagger out of some of these players and agents.




Since: Apr 15, 2008
Posted on: November 14, 2011 5:05 pm
 

Baseball's worst contracts, zombie-style

this is great article - i did a little research and using the criteria of: 5 years and $25M or 4 years and $30M (for this analysis i included the contracts that ended in 2011) 

That criteria gave a pool of 85 players - 

Angels Haren, Dan Angels Hunter, Torii Angels Santana, Ervin Angels Wells, Vernon Astros Berkman, Lance Astros Lee, Carlos Astros Oswalt, Roy Blue Jays Bautista, Jose Blue Jays Romero, Ricky Braves Jones, Chipper Braves Lowe, Derek Braves McCann, Brian Braves Uggla, Dan Brewers Braun, Ryan Brewers Greinke, Zack Brewers Weeks, Rickie Cardnals Carpenter, Chris Cardnals Holliday, Matt Cardnals Lohse, Kyle Cardnals Pujols, Albert Cubs Dempster, Ryan Cubs Fukudome, Kosuke Cubs Ramirez, Aramis Cubs Soriano, Alfonso Cubs Zambrano, Carlos D'Backs Upton, Justin D'Backs Young, Chris Giants Rowand, Aaron Giants Zito, Barry Indians Hafner, Travis Mariners Hernandez, Felix Mariners Suzuki, Ichiro Marlns Johnson, Josh Marlns Ramirez, Hanley Mets Bay, Jason Mets Beltran, Carlos Mets Santana, Johan Mets Wright, David Nationals Werth, Jayson Nationals Zimmerman, Ryan Orioles Markakis, Nick Orioles Roberts, Brian Phillies Halladay, Roy Phillies Howard, Ryan Phillies Lee, Cliff Phillies Oswalt, Roy Phillies Rollins, Jimmy Phillies Utley, Chase Rangers Beltre, Adrian Rangers Young, Michael Red Sox Beckett, Josh Red Sox Crawford, Carl Red Sox Drew, J.D. Red Sox Lackey, John Red Sox Matsuzaka, Daisuke Red Sox Ortiz, David Red Sox Pedroia, Dustin Red Sox Youkilis, Kevin Reds Bruce, Jay Reds Chapman, Aroldis Reds Cordero, Francisco Rockies Gonzalez, Carlos Rockies Helton, Todd Rockies Tulowitzki, Troy Tigers Cabrera, Miguel Tigers Guillen, Carlos Tigers Martinez, Victor Tigers Verlander, Justin Twins Mauer, Joe Twins Morneau, Justin Twins Nathan, Joe Twins Span, Denard White Sox Buehrle, Mark White Sox Dunn, Adam White Sox Peavy, Jake White Sox Pierre, Juan White Sox Rios, Alex Yankees Burnett, A.J. Yankees Granderson, Curtis Yankees Jeter, Derek Yankees Posada, Jorge Yankees Rodriguez, Alex Yankees Sabathia, CC Yankees Swisher, Nick Yankees Teixeira, Mark

Not a very impressive list.  What is impressive is that Athletics, Dodgers(<att Kemp), Padres, Pirates, Royals and Rays did not have 1 player signed under those conditions.

Out of those 85 how many would you have wanted on you team? i came up with about 20% of the list
You could make one hell of a roster out of the player's you listed...and would actually have a decent payroll as well. Kemp just re-signed to a long term deal today, something like 8 years and 160 million. The Pirates,Padres,Royals and Rays are all small market teams who are with the exception of Tampa Bay are usually bottom feeders.

I am wondering where you copy and pasted this from? Berkman hasn't been on The Astro's now for a few years.Posada is going to retire, Buehrle is a free agent,Ortiz is a f/a also.

I don't know the exact percentage of guys who I would love to have on my team if i was a GM, but that is a nice collection of good players and bums..lol 



Since: Oct 12, 2011
Posted on: November 14, 2011 4:11 pm
 

Baseball's worst contracts, zombie-style

this is great article - i did a little research and using the criteria of: 5 years and $25M or 4 years and $30M (for this analysis i included the contracts that ended in 2011)

That criteria gave a pool of 85 players -

Angels Haren, Dan Angels Hunter, Torii Angels Santana, Ervin Angels Wells, Vernon Astros Berkman, Lance Astros Lee, Carlos Astros Oswalt, Roy Blue Jays Bautista, Jose Blue Jays Romero, Ricky Braves Jones, Chipper Braves Lowe, Derek Braves McCann, Brian Braves Uggla, Dan Brewers Braun, Ryan Brewers Greinke, Zack Brewers Weeks, Rickie Cardnals Carpenter, Chris Cardnals Holliday, Matt Cardnals Lohse, Kyle Cardnals Pujols, Albert Cubs Dempster, Ryan Cubs Fukudome, Kosuke Cubs Ramirez, Aramis Cubs Soriano, Alfonso Cubs Zambrano, Carlos D'Backs Upton, Justin D'Backs Young, Chris Giants Rowand, Aaron Giants Zito, Barry Indians Hafner, Travis Mariners Hernandez, Felix Mariners Suzuki, Ichiro Marlns Johnson, Josh Marlns Ramirez, Hanley Mets Bay, Jason Mets Beltran, Carlos Mets Santana, Johan Mets Wright, David Nationals Werth, Jayson Nationals Zimmerman, Ryan Orioles Markakis, Nick Orioles Roberts, Brian Phillies Halladay, Roy Phillies Howard, Ryan Phillies Lee, Cliff Phillies Oswalt, Roy Phillies Rollins, Jimmy Phillies Utley, Chase Rangers Beltre, Adrian Rangers Young, Michael Red Sox Beckett, Josh Red Sox Crawford, Carl Red Sox Drew, J.D. Red Sox Lackey, John Red Sox Matsuzaka, Daisuke Red Sox Ortiz, David Red Sox Pedroia, Dustin Red Sox Youkilis, Kevin Reds Bruce, Jay Reds Chapman, Aroldis Reds Cordero, Francisco Rockies Gonzalez, Carlos Rockies Helton, Todd Rockies Tulowitzki, Troy Tigers Cabrera, Miguel Tigers Guillen, Carlos Tigers Martinez, Victor Tigers Verlander, Justin Twins Mauer, Joe Twins Morneau, Justin Twins Nathan, Joe Twins Span, Denard White Sox Buehrle, Mark White Sox Dunn, Adam White Sox Peavy, Jake White Sox Pierre, Juan White Sox Rios, Alex Yankees Burnett, A.J. Yankees Granderson, Curtis Yankees Jeter, Derek Yankees Posada, Jorge Yankees Rodriguez, Alex Yankees Sabathia, CC Yankees Swisher, Nick Yankees Teixeira, Mark

Not a very impressive list.  What is impressive is that Athletics, Dodgers(<att Kemp), Padres, Pirates, Royals and Rays did not have 1 player signed under those conditions.

Out of those 85 how many would you have wanted on you team? i came up with about 20% of the list



Since: Jan 20, 2008
Posted on: November 14, 2011 3:47 pm
 

Baseball's worst contracts, zombie-style

Look to the NFL and the owner of the Dallas Cowboys - Jerry Jones. That majestic sporting palace and players costs  price tag didn't come from his pocket.
Actually Jerry Jones spent a lot of his own money on JerryWorld - estimates of about half the cost of the stadium. Sure he got money from Arlington and a loan from NFL, as well as 0.5% increase in sales tax in Arlington, 2% increase in hotel occupancy tax, and 5% increase in car rental tax. However, to say it didn't come out of his pocket is not true at all.



Since: Mar 27, 2007
Posted on: November 14, 2011 3:43 pm
 

Baseball's worst contracts, zombie-style

This was an entertaining read and it got me thinking about this years free agents.  Can you imagine what the contracts of Jose Reyes, C.J. Wilson, and Albert Pujols will look like a couple years from now?  I don't wish ill will towards any of these players, but they all have similarities to the players mentioned in the story.

I can see Pujols turning into A-Rod in the next few years.  His body simply will not be able to hold up for 162 games.  Four or five years from now, when he's halfway through the contract he signs this winter, he'll have a year he hits 16 homers and drives in 60 for $30 million.

C.J. Wilson will be a bust.  He's a converted reliever that will either blow out his arm or flat out be ineffective.  It'll be a Carl Pavano like contract he signed with the Yankees a few years ago. 

Jose Reyes has shown flashes of brilliance throught his career but just can't stay healthy, unless it's in his contract year.  Anyone remember Richie Sexton a few years back when he had that 50 homerun year, the year he finally put it all together?  Richie battled injuries and drop in production throughout that disgusting contract he signed with the Mariners.

I'm just saying, be careful what you wish for fans.  If your team is chasing these guys, prepare for future disapointment.  Remember, you heard it here first!



Since: Sep 6, 2006
Posted on: November 14, 2011 2:58 pm
 

Baseball's worst contracts, zombie-style

Ddriver80, where do you find this "statistic"?

And gee, "around 20's ...in % of baserunners knocked in per opportunity...lets see, 16 NL teams, so 128 starters (not counting pitchers), and 14 AL teams, so 126 starters (DH), so he is "around 20's", lets say 25 out of 254....top 10%?  I would say not bad....actually, pretty good. 

And again, according to TBS announcers during the postseason, they stated he was either the top or top 5 in batting average with runners in scoring position, so I am not sure about your last comment....now that may have been RISP with 2 outs, I don't know.  Again, I am quoting them (and they put it up on the screen), I have not verified this.

Either way, he hits 30+ HRs and 100+ RBIs every season...not too shabby.



Since: Jan 25, 2007
Posted on: November 14, 2011 2:53 pm
 

Baseball's worst contracts, zombie-style

Gay-Roid and Dice-K have to be the two worst contracts. Maybe Zito too.



Since: Aug 17, 2006
Posted on: November 14, 2011 2:41 pm
 

Baseball's worst contracts, zombie-style

I bet Jose Reyes is on this list in 2014!     Although very talented when healthy, has been fragile and without his speed he is average.  PS I hope I am wrong, but I feel for the team that gives him $100M



Since: Feb 9, 2007
Posted on: November 14, 2011 2:31 pm
 

Baseball's worst contracts, zombie-style

Last year only Miggy Cabrera and Adrian Gonzalez had more opportunities with runners on base.

In 2010, only Vladimir Guerrero and Miggy Cabrera had more opportunities.

He does get alot of opportunities, but he's also done a good job knocking them in.  While there is a slight skill attribute its more of a luck thing.  Hitting numbers tend to even out.  Howard has so many opportunities that it makes up for the fact that he's around 20's or lower in % of baserunners knocked in per opportunity.


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