Kudos to Stoneman...

by jimmuscomp on Nov 26, 2006 10:46 AM PST

With my utter disdain for Bill Stoneman at an all-time high after the signing of Gary Matthews Jr., I figured I should remind everyone of a smart thing he did in the recent past... signing Kelvim Escobar to a below-market value contract extension.

I hadn't thought about this lately, but Stoneman signed Kelvim to a 3-year, $28.5 million deal on May 31, 2006. In retrospect, that deal looks like a genius move considering that Gil Meche has offers floating around in the range of $36 million over 4 years.

I shudder to think what Escobar could command on the open market right now if the going rate for Gil Meche is $9 million per year. Methinks that Escobar could demand upwards of 4 years and something approaching $50 million.

Kudos and thank you Mr. Stoneman - you did something right this year.

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Comments

You know...

Given that Escobar could easily be a #3 starter or bullpen lynchpin for at least ten teams right now, the extension does look pretty good about now. Good work, Stoney.

by Brendo on Nov 26, 2006 10:48 AM PST reply actions

Yes, good job.

That's just great timing on the extension.

by RallyMonkey5 on Nov 26, 2006 12:16 PM PST reply actions

Not to mention

John Lackey, who was signed to a two-year extension for a paltry $13.25 million, with a club option on 2009 for only $9 million. Lackey would be looking at something in the 5-year/$85-million range right now.

by jjackflash on Nov 26, 2006 11:38 PM PST reply actions

Thanks for the optimism, Jim

Last Summer's pitching extensions were far better for the Angels than the lauded Billy Beane sigining of Esteban Drunkdriverza for $7 million a year/3 years was and will be for the Athletics....

by Rev Halofan on Nov 27, 2006 12:03 AM PST reply actions

on the other hand...

the Weaver signing could have gone a little better.

by TempletonPeck on Nov 28, 2006 12:39 PM PST up reply actions

Which Weaver Signing?

Elder or Younger?

by Rev Halofan on Nov 29, 2006 1:15 PM PST up reply actions

What are you talking about?

We've only ever had one Weaver on our team...?

by Caseys Kiss of Death on Nov 30, 2006 9:22 PM PST up reply actions

...at a time...

by Rev Halofan on Nov 30, 2006 10:50 PM PST up reply actions

Lies!

I recall no such "Jeff" Weaver on our team. Our fifth starter was by committee last year. I believe Mark Petkovsek made a handful of starts after we cut some inept Boras client in spring training, in order to show that no amount of contractually obligated money would force us to use a bad rotation.

You go about your blogging duties, and allow me to rewrite our somber history, please.

by Caseys Kiss of Death on Dec 1, 2006 11:59 AM PST up reply actions