Baseball Musings
Baseball Musings
October 16, 2008
Manny Being Money

Manny Ramirez is at least honest about his free agent aspirations:

"I want to see who is the highest bidder," he said, making clear that he had no pre-bidding favorites besides those with deep pockets.

...

Whether Manny will be around to let Dodgers fans see him perform next season remains to be seen, though he did give a clue what it would take to keep him. Asked for a dollar amount, Ramirez smiled and said, "The sky's the limit."

Greg Maddux gives Manny a pretty good endorsement in the article as well. I suspect Manny will get between $25 million and $30 million a year, but I also suspect teams won't want to go long term with him. If a team signs him through age 40, they'll have him around for the 600 HR milestone, and possibly passing Mays at 660. I'll predict the total cost of his contract will be around $120 million, either $30 million for four years or $25 million for five years.

If Manny is willing to go shorter term, I can believe a team would be willing to go $35 million a year for two years, with options for more if Manny continues to play well. That's what I would do if I were a GM. Ramirez does wear out his welcome. Short term with options protects a team from being stuck with him when that happens.

Update: For a different take, see J.C. Bradbury. Bradbury, however, is figuring what Manny is worth, as opposed to how much a GM will be willing to pay. For example, I could see where Manny takes the Giants back to Barryland. With their pitching staff, Ramirez's offense could make a huge difference in a weak division. For a team that hasn't won the World Series since 1954, that might be worth a really large short-term contract. Plus, Sabean likes to give money to old vets.


Posted by David Pinto at 11:01 AM | Free Agents | TrackBack (0)
Comments

David,

This is what I don't get. For the past 4 or so years, everyone seemed to be saying that Manny was not even worth the $20mil/year that the Sox were paying him. His offensive production remained strong, although most thought he was entering a slow decline. His defense was deemed a substantial liability.

Is it just the last two months that cause you (and others) to believe that he'll now command $25-$30 mil a year? Do the last two months have real predictive value--when they seem to be an aberration from his last five years of production? Is there reason to believe that Manny, as great as he's been in the past, is now entering a Barry Bonds circa 2001 phase? It wasn't too long ago that the Sox put him on waivers (twice, I think) and no one claimed him. No one.

I tend to think that a long term $25 million contract will not go well.

Posted by: Mark at October 16, 2008 01:19 PM

David,

This is what I don't get. For the past 4 or so years, everyone seemed to be saying that Manny was not even worth the $20mil/year that the Sox were paying him. His offensive production remained strong, although most thought he was entering a slow decline. His defense was deemed a substantial liability.

Is it just the last two months that cause you (and others) to believe that he'll now command $25-$30 mil a year? Do the last two months have real predictive value--when they seem to be an aberration from his last five years of production? Is there reason to believe that Manny, as great as he's been in the past, is now entering a Barry Bonds circa 2001 phase? It wasn't too long ago that the Sox put him on waivers (twice, I think) and no one claimed him. No one.

I tend to think that a long term $25 million contract will not go well.

Posted by: Mark at October 16, 2008 01:20 PM

The market changed. If Torii Hunter is worth $18 million, Manny is worth a lot more than that. Even in decline, he's worth more than that.

Second, a lot of GMs will focus on the short term positives, not the long term negatives. Theo, Beane, Towers, e.g. won't pay that kind of money, but Sabean and Bowden might.

Manny just said in the last two months, "See what I can do if you make me happy?" Someone will think it's worthwhile to make him happy.

I'd be pleasantly surprised to be proven wrong here.

Posted by: David Pinto at October 16, 2008 01:32 PM

JC is out of his mind if he's projecting Manny at being worth $21 million a year for six years. Does he not factor in fielding? Or age?

Posted by: Mike at October 16, 2008 02:40 PM

I mean, jeez. He had the best possible fielding situation in Boston: a very shallow left field, with a wall he supposedly understands how to play very well... no foul territory at all to be responsible for, and a centerfielder with very good range (Coco) right next to him. And still, he rated horribly at fielding.

And to say he's worth 6/128 but he'll only get 4/80? When was the last time a high profile free agent signed a contract for LESS than he was worth? When was the last time a Boras client signed for less than he was worth?

If Manny signs for 4/80, ignoring everything else I'd guess he's truly worth 3/51, TOPS.

But knowing what I do know... in the NL, he's worth no more than $15 million a year, and I may be generous there.

Posted by: Mike at October 16, 2008 02:46 PM

Actually, I take issue with the idea that the consensus was that Manny has not been worth what the Red Sox were currently paying Manny. The whole point behind Manny's shananigans forcing a trade was to give Manny leverage to ensure that no team would exercise the option under that contract for the next couple of years. Because, we all thought, including Manny and Boras, that Manny would command more on the open market than the $20 per year option price, and do so over a long term contract.

Posted by: Capybara at October 16, 2008 04:48 PM

I suspect Manny will get between $25 million and $30 million a year

That's crazy talk - anyone who offers him that is over bidding themselves by at least 8M a year.

Posted by: Bandit at October 17, 2008 07:29 AM
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