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: Aug 25, 2006
Posted on: December 30, 2011 10:49 am
 

Report: Pujols contract heavily backloaded

echele, its not only about ticket sales.....a club makes money in merchandise sales too...

how many 12 year old kids will want an jersey of Pujols when he is the alltime HR king?   more kids than they can make jerseys for im sure...

this whole thing is about the MLB HR record....teams know how valuable this is (see the yankees and how much they gave Arod thinking he would be the HR king)

the Angels will have the ALLTIME CLEAN HOME RUN KING...i cant stress this enough and it is why they paid what seems to be a premium...

They Strengthened their Brand tremendousy, especially when pUJOLS PASSES bondz!   I CANT WAIT WOOOOT



Since: May 17, 2008
Posted on: December 30, 2011 10:48 am
 

Report: Pujols contract heavily backloaded

My guess is he never plays out the 10 yr contract anyways, so, it's doubtful the Angels will be on the hook
Baseball contracts are guaranteed...so unless Pujols retires he gets the money, even if he is hurt and can't play.  Given the prospect of being paid $30million/year or more no matter how bad you play (or you get benched) why would Pujols not "play out" the 10 year deal?  The Angels, I am betting, will be on the hook for every dime.



Since: Jun 25, 2009
Posted on: December 30, 2011 10:44 am
 

Report: Pujols contract heavily backloaded

The Angels were fools to set his contract up like this. It should have paid him top dollar for his next 5 years, then less money as he gets older and produces diminished returns. They will wish they had the money to surround Albert with better players, as his skills diminish later in the contract, to better support him when he's not able to put up his usual monster numbers. All I can say is that they better win now or in the next couple years or their fans are going to make them pay at the turnstiles later!

On the surface what you're saying makes sense but in reality the Angels were brilliant with the way they set this deal up.  It frees up money for the first couple seasons and allowed the Angels to sign other star players to improve their chances of getting to the world series and of course possibly winning it all.  That 30 million dollars per season 8 to 10 years later is going to be worth much less then 30 million is today when you consider all the factors involved.  MLB's TV deal will increase as it always does which means the Angels cut will be a few million per season then it is today.  And here's the big one.... The Angels just signed a deal with ESPN.  It's a 20 year 3 billion dollar deal.  That translates to 150 million dollars per season for the next 20 years from ESPN.  Their old deal with ESPN was 500 million over 10 years or 50 million per season.  So in other words the Angels are going to be grossing an extra 100 million per season for the next 20 years. 

Trust me, the Angels aren't going to be bankrupt anytime soon.  I can't believe so many people are so disappointed with the Angels picking up a first ballot hall of famer at the age of 32. LOL   What's wrong with people these days??  Pujols might be the biggest name to change teams as a free agent at this stage of his career in the history of MLB... and if he's not the biggest or best player to do so, there aren't many others that compare that's for sure.   You can't normally trade for a guy like Pujols... it's never even an option.

The Angels had the chance and they jumped all over it leaving the Cards in the dust..... how anybody could possibly think this is a bad deal by the Angels and/or a good move by the Cards makes me scratch my head because I simply don't get it.  



Since: Nov 20, 2006
Posted on: December 30, 2011 10:42 am
 

Report: Pujols contract heavily backloaded

great move Angels, Dumb move Cardinals management (influenced by foregin IN BEV perhaps)
I won't criticize the Angels for the signing, but why is it dumb for the Cardinals?  I guarantee you Pujols will not be as worth the money being spent on him.  The Cardinals don't have the luxury of a $150 million/year TV contract.  Why would InBev influence the team?  AB sold the Cardinals to an investment group in 1996.  Outside of having naming rights to the stadium, AB/IB has no connection with the Cardinals.  Now if you want to speculate that DeWitt didn't offer more b/c he's planning on selling the team, that's one thing, but AB/IB has little investment in the team.


 they paid up in years 8-10 to have THE ALL TIME CLEAN HOME RUN KING...the value of having the cklean alltime HR king on your ACTIVE ROSTER will far surpass the $30 mill
This may have more impact with the Angels than the Cardinals.  St. Louis is already regularly in the top 5 for season attendance.  Over the course of the season, there's just not that many more tickets to sell.
 


TDAISON
Since: Mar 9, 2008
Posted on: December 30, 2011 10:41 am
This comment has been removed.

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Since: Apr 29, 2007
Posted on: December 30, 2011 10:38 am
 

Report: Pujols contract heavily backloaded

$30 million at the age of 42 (possibly even older in Pujols' case!! Man, after this guy turns about 39 the Angels are going to wonder what they have done watching all that jack go out the window for a player who will be a shell of what he is today. This is exactly why the Cards did the right thing letting him go. The kind of green they spent on Pujols can bring it two or three real good players to the cards to keep them in world series contention for years.



Since: Aug 25, 2006
Posted on: December 30, 2011 10:28 am
 

Report: Pujols contract heavily backloaded

why do youhave ZERO respect for pUJOLS?
you know where he will be tomorrow night?

holding his NON ALCHOLIC CHARITY NEW YEARS EVE BALL ...

what will YOU be doing TDaison?  something im sure we would lose respect for YOU



TDAISON
Since: Mar 9, 2008
Posted on: December 30, 2011 10:21 am
This comment has been removed.

Post Deleted by Administrator




Since: Aug 25, 2006
Posted on: December 30, 2011 10:01 am
 

Report: Pujols contract heavily backloaded

Angels are not dumb...

they paid up in years 8-10 to have THE ALL TIME CLEAN HOME RUN KING...the value of having the cklean alltime HR king on your ACTIVE ROSTER will far surpass the $30 mill

great move Angels, Dumb move Cardinals management (influenced by foregin IN BEV perhaps)



Since: Aug 18, 2006
Posted on: December 30, 2011 10:00 am
 

Report: Pujols contract heavily backloaded

My guess is he never plays out the 10 yr contract anyways, so, it's doubtful the Angels will be on the hook.


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