Blog Entry

Report: Pujols contract heavily backloaded

Posted on: December 29, 2011 6:50 pm
Edited on: December 29, 2011 7:19 pm
 
By Matt Snyder

We already knew Albert Pujols signed a gargantuan 10-year contract worth over $250 million to play for the Angels. What we didn't know initially was how the contract would break down. Considering the Angels went into the offseason saying they couldn't drastically increase payroll, it's not overly surprising that Pujols' contract is reportedly backloaded pretty heavily. From Jerry Crasnick of ESPN.com:
Pujols will make a base salary of $12 million in 2012 and $16 million in 2013, said a source. His salary will gradually increase until it surpasses $30 million annually near the end of the deal.
Crasnick also notes that Pujols agreeing to have a lower salary in the next two seasons helped the Angels afford to sign starting pitcher C.J. Wilson. Then again, getting paid over $30 million when he's surpassed 40 years of age doesn't exactly sound too shabby for Pujols.

Also, Crasnick reports the deal has taken a while to finalize because the it includes a "personal services contract with the Angels once [Pujols'] playing days are done."

Pujols turns 32 this coming January, so he'll turn 42 before the final year of this contract. And, again, he'll make over $30 million that season. While Pujols has been the best player in baseball for a while -- finishing in the top five of MVP voting 10 of his 11 seasons, it's hard to see him being worth anywhere close to that salary in 10 years. The Angels are obviously counting on him earning back the entirety of the deal in the first five to seven years.

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Comments

Since: Apr 23, 2008
Posted on: December 29, 2011 8:59 pm
 

Report: Pujols contract heavily backloaded

Worried about Albert's productivity at age 42? How about his productivity decline at age 38 or even earlier?  And who cares about how much Artie is going to make? Not me if I were an Angels' fan.



Since: Jun 6, 2009
Posted on: December 29, 2011 8:56 pm
 

Report: Pujols contract heavily backloaded

Albert must have a thing for CJ!



Since: Nov 3, 2010
Posted on: December 29, 2011 8:35 pm
 

Report: Pujols contract heavily backloaded

I'd love it for the next two to three years hooter. Beyond that he might be the albatross to the Angels, that A-Rod is to the Yankees (a productive player that is being paid three times what he should be). While his numbers are still very good, they have begun to decrease and will likely continue to decrease. Its highly unlikely his numbers go up from here..... So enjoy it this year and next, that may well be the only years of this deal that seem worth it!!! 



Since: May 5, 2009
Posted on: December 29, 2011 8:11 pm
 

Report: Pujols contract heavily backloaded

that's not smart at all



Since: Aug 10, 2010
Posted on: December 29, 2011 7:47 pm
 

Report: Pujols contract heavily backloaded

I see we have a lot of not very bright people on these boards he will no doubt be thee Albert Pujols his first 6-7 years of his contract and still be productive after that, and besides think of all the money he is going to bring in so 30 million will be nothing to Mr Moreno.
Lets face it if he were on your team you would love it. Jealous are we? 



Since: Jan 17, 2009
Posted on: December 29, 2011 7:41 pm
 

Report: Pujols contract heavily backloaded

They didn't. He's also on contract to work for the Angels' organization for ANOTHER 10 years. So, technically, his contract expires when he's 52, not 42. They made sure he's an Angel for the rest of his career, which means it'll be harder to ever unload him (on top of his no-trade clause).



Since: Jan 17, 2009
Posted on: December 29, 2011 7:38 pm
 

Report: Pujols contract heavily backloaded

It IS a horrible deal because first base is the position where power is the easiest to find. The Rangers deal with A-Rod was effectively SMARTER because he was 5 years younger and played a position that is extremely hard to find power at. Chew on that: the A-Rod deal was smarter...



Since: Apr 10, 2008
Posted on: December 29, 2011 7:36 pm
 

Report: Pujols contract heavily backloaded

Angels better have set a team option for that 30 million season.



Since: May 17, 2011
Posted on: December 29, 2011 7:33 pm
 

Report: Pujols contract heavily backloaded

It isn't a horrible deal at all. $30M ten years from now has a Net Present Value of $22.3M if you assume 3% annual inflation. You think having Pujols now won't allow Fox Sports to collect premium ad revenue in the LA/surrounding market? Of course it will. The Angels get $150M per year for 20 years off that deal. This is a win-win for all parties involved. 



Since: Jul 6, 2007
Posted on: December 29, 2011 7:26 pm
 

Report: Pujols contract heavily backloaded

What a horrible deal.

Everyone will be laughing at the Angels in a couple years when either A)  Pujols gets busted for HGH, B)  His body breaks down from all the PED use or C)  His body breaks down because he's really 3+ years older than he says he is.

What a joke. 


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