February 02, 2009
Perez Signs
The Mets reach an agreement with Oliver Perez on a three-year contract. He'll earn $36 million, which is a pretty good contract for this off-season.
Unfortunately, it's the same per season level as Carlos Silva received from the Mariners last year. I would guess most people think Perez is better than Silva, but both have had their ups and downs during their careers. Perez is three years younger, however, meaning the Mets are going to capture his peak seasons. It's a pretty solid deal for the Mets, and Perez is set for life.
Too bad the Mets were bidding against themselves. No other team would come close to 3/$36M for Perez. I know he's still in his 20's, but he's really not that good of a pitcher.
Perez must have strained his neck lunging to sign for that money.