Wieters extension prospects
#1
Posted 10 April 2012 - 07:17 AM
Will be interesting to see what Santana gets.
#2
Posted 10 April 2012 - 07:25 AM
#3
Posted 10 April 2012 - 07:31 AM
I just don't see Wieters extending here, at least not anytime soon and certainly not for cheap. I could see him locking in his arbitration years, but I don't see a major benefit in that from the perspective of the Orioles.
Any extension for Wieters has to go through at-least his first year of Free Agency. He's still so far away from FA, that I think he would have to at-least strongly consider any offer from the O's.
#4
Posted 10 April 2012 - 10:58 AM
http://espn.go.com/m... ... m-contractCleveland and their Catcher Carlos Santana have apparently agreed on a contract extension, with terms to be released today.
Will be interesting to see what Santana gets.
It goes through his first year of FA and they have an option for his second year.
Something along those lines would be perfect.
Wieters has to be more expensive.
#5
Posted 11 April 2012 - 10:05 AM
I would love to lock in Wieters to a deal structured like that. He'll definitely be more expensive, but that's fine. Whatever it takes to lock him up, we should pay him. I think with the Dodgers sale, that club values are going way up, and as such so will player contracts. What looks like a huge deal today might look very reasonable 3 years from now. I'd be absolutely fine offering Wieters something like $4M/$8M/$12M for his arbitration years and then $15-18M per for a FA year or two.http://espn.go.com/mlb/story/_/id/7795306/cleveland-indians-sign-carlos-santana-5-year-21m-contract
It goes through his first year of FA and they have an option for his second year.
Something along those lines would be perfect.
Wieters has to be more expensive.
However, I still don't expect him and Boras to agree to a contract that eats up any of his FA years. As a catcher, he definitely wants to hit the market as soon as possible so he can get paid big for as many prime years as he may have. He's going to have a tough time as it is now getting a 5+ year deal after 2015 entering his age 30 season, even if his numbers justify it. I would be really surprised if he delays that by a season or two without getting paid a really incredible amount.
#6
Posted 11 April 2012 - 10:18 AM
Boras is starting to see that if these guys get these deals early on, that they can still get another big contract in their lower 30s.
#7
Posted 11 April 2012 - 10:35 AM
Gonzalez will hit the market again entering his age 32 season (his deal bought out 3 years of FA at $16M, $17M, and $20M), and as an outfielder could still get a big deal if he really performs well. On average, a 32 y/o OF has a lot of baseball left compared to a 32 y/o catcher (how old Wieters would be if we buy out 3 of his FA years).Boras did let CarGo do it after his monster year and he isn't a catcher.
Boras is starting to see that if these guys get these deals early on, that they can still get another big contract in their lower 30s.
I certainly think we should be pushing for a deal. I just don't expect Boras and Wieters to accept anything unless it goes well past what I would consider reasonable.
Overpaying to keep him would be a better option than losing him, IMO, so I'm fine with going big for him if that's what it takes. Gonzalez' contract isn't a bad comparison, I just continue to look at Boras' clients extending as the exceptions and certainly not the rule.
#8
Posted 11 April 2012 - 11:04 AM
#9
Posted 11 April 2012 - 11:07 AM
I just don't like the idea of playing out the string of his arb years and just seeing what happens unless some miracle happens and we look like we are going to be contenders next year.
Just too much risk there. If he isn't willing to sign here long term and he has a big year this year, he will be worth a ton in the offseason or maybe even at the deadline.
#10
Posted 11 April 2012 - 11:43 AM
You've also got to consider service time, not just average annual value, when a guy signs for club-controlled years. Santana has no chance of getting free market value for most of those seasons, since he wouldn't even be arbitration eligible until after 2013, whereas Wieters is arb-eligible after this year.I think the Santana deal hurts Wieters but helps the Orioles. 5 years, $21 million is a steal for Santana. It sets the bar a bit for Wieters, who I do think is a better hitter and obviously better catcher. But, the AAV of Santana's deal leaves a lot and damages the comparison unless Wieters does outhit Santana this year. That's the only way he gets more. From an Orioles franchise POV, Santana's contract is tremendous.
So basically you can knock off a whole year of that deal to make it even with where Wieters is service time wise. He locked in his arbitration years for $3.5M, $6.5M, and $8.25M with then a $12M option or $1.2M buyout of his first FA year, plus a $1M signing bonus. Essentially, he's guaranteed $20.5M for his 3 arb years. I'd expect Wieters to need more money for his arbitration years, since he's closer to reaching them than Santana was when he signed his deal. So think something like $5M, $8M, $12M or about $25M total, give or take. Then for his FA years, something in the $15-18M range per year, probably escalating, if he agrees at all to locking any of those in.
#11
Posted 11 April 2012 - 02:06 PM
I don't think you have to trade him at some point next year if he isn't extended, he still isn't a FA until after the 2015 season, but I would certainly start listening to offers if he makes it clear he isn't going to extend. I agree that his value would be ridiculously high, especially if he has a big season.If I am the Orioles, Wieters is either signed or traded by next ST.
#12
Posted 11 April 2012 - 03:00 PM
But the longer you wait, the more you have to overpay to get him here, which means you will regret the contract.I don't think you have to trade him at some point next year if he isn't extended, he still isn't a FA until after the 2015 season, but I would certainly start listening to offers if he makes it clear he isn't going to extend. I agree that his value would be ridiculously high, especially if he has a big season.
And you also risk injury, decreasing performance, etc..
#13
Posted 11 April 2012 - 03:18 PM
Yeah, it's definitely a decision that could go in any of a variety of directions depending on his performance and, if you trade him, how the guys you get back do. Could really propel the franchise to have Wieters playing at a star level behind the plate for several years, or we could extend him, he declines/gets hurt and we continue to wallow in ineptitude. We could also propel the franchise forward by trading him for 3 future all-stars, or we could trade him for a decent outfielder, two bust pitchers, and a prospect and continue to wallow in ineptitude while Wieters wins MVPs in his new town.But the longer you wait, the more you have to overpay to get him here, which means you will regret the contract.
And you also risk injury, decreasing performance, etc..
It'll definitely be a major decision when it's time to make it, and the repercussions will be strongly felt for years to come.
If it was me making the decision - and under the working assumption that Wieters develops into a true All-Star level catcher but a bit shy of being a real superstar on the level of a Fielder or Votto or Mauer - I spend all of this season and next season trying to get him to sign. I'd put feelers out gauging his trade value, but my priority would be to extend him, if possible. I think it's likely that we can't extend him, though, and in that case, I really start to look to deal him after next season. With two years left on his deal you can still get a lot for him. I think that the difference in trade value of a guy with 3 years left compared to 2 years left isn't that major, and it'd be worth it to me to use that year to try and convince him to extend.
If he flat out says he won't extend, then I look to move him. Only thing that would avoid me trading him for a major return in that scenario would be, like you mentioned before, if the unexpected happens and it appears we may actually be able to contend in that timeframe. I'm more than willing to get less than we should in return for Wieters, or nothing at all, if keeping him gives us a legitimate chance at a playoff berth. That's obviously a long shot at this point, though.
#14
Posted 12 April 2012 - 08:59 AM
]Yeah, it's definitely a decision that could go in any of a variety of directions depending on his performance and, if you trade him, how the guys you get back do. Could really propel the franchise to have Wieters playing at a star level behind the plate for several years, or we could extend him, he declines/gets hurt and we continue to wallow in ineptitude. We could also propel the franchise forward by trading him for 3 future all-stars, or we could trade him for a decent outfielder, two bust pitchers, and a prospect and continue to wallow in ineptitude while Wieters wins MVPs in his new town.
It'll definitely be a major decision when it's time to make it, and the repercussions will be strongly felt for years to come.
If it was me making the decision - and under the working assumption that Wieters develops into a true All-Star level catcher but a bit shy of being a real superstar on the level of a Fielder or Votto or Mauer - I spend all of this season and next season trying to get him to sign. I'd put feelers out gauging his trade value, but my priority would be to extend him, if possible. I think it's likely that we can't extend him, though, and in that case, I really start to look to deal him after next season. With two years left on his deal you can still get a lot for him. I think that the difference in trade value of a guy with 3 years left compared to 2 years left isn't that major, and it'd be worth it to me to use that year to try and convince him to extend.
If he flat out says he won't extend, then I look to move him. Only thing that would avoid me trading him for a major return in that scenario would be, like you mentioned before, if the unexpected happens and it appears we may actually be able to contend in that timeframe. I'm more than willing to get less than we should in return for Wieters, or nothing at all, if keeping him gives us a legitimate chance at a playoff berth. That's obviously a long shot at this point, though.
I agree with this take pretty much word for word.
#15
Posted 16 April 2012 - 11:17 AM
Obviously with Boras as his agent there is the belief that he will not sign an extension and will go the FA route.
However, Wieters doesn't really seem to me to be the type of player to do that. I think he really likes Baltimore, likes his current status on this team, and wants to be a guy who helps this team turn the corner. I really have no concrete information on this other than seeing his interviews and they way he interacts with his teammates on a daily basis.
Does any else agree/disagree? What do you think the chances are that Wieters signs an extension before FA?
I predict he's going to pull a Jared Weaver on Boras. Am I looking through orange-colored glasses?
#16
Posted 16 April 2012 - 11:22 AM
I believe there is an urgency internally to keep him because he is the ultimate center-piece of this team and they will offer big money to keep a player of his caliber.
#17
Posted 16 April 2012 - 11:41 AM
#18
Posted 16 April 2012 - 04:03 PM
One to thing to consider is he's already in his age 26 season and is controlled til his age 29 season. As a catcher, how much do we want to extend him past then and if I'm Wieters or Boras, I don't know if I want to extend past that for a year or two, I'd extend for a a really long deal like we've seen with Mauer, Braun, and Tulo or I don't think I'd extend at all so the prospect of a big free agency deal remains likely.
Using Mackus' estimate for arb years, we have 3/25, which takes him to his age 29 season. Now lets add 5 years to take him to his age 34 season. So lets just say 8/100 by adding 75M for those 5 years. Would you guys support that? Would Wieters go for it? That's a lot of money and security for a guy who has yet to become a superstar and plays a position that carries a lot of injury and decline risk.
#19
Posted 16 April 2012 - 04:16 PM
I agree with Mackus.
One to thing to consider is he's already in his age 26 season and is controlled til his age 29 season. As a catcher, how much do we want to extend him past then and if I'm Wieters or Boras, I don't know if I want to extend past that for a year or two, I'd extend for a a really long deal like we've seen with Mauer, Braun, and Tulo or I don't think I'd extend at all so the prospect of a big free agency deal remains likely.
Using Mackus' estimate for arb years, we have 3/25, which takes him to his age 29 season. Now lets add 5 years to take him to his age 34 season. So lets just say 8/100 by adding 75M for those 5 years. Would you guys support that? Would Wieters go for it? That's a lot of money and security for a guy who has yet to become a superstar and plays a position that carries a lot of injury and decline risk.
Key point here. Wieters, if he is interested in a mega deal, needs to hit the FA market before he starts displaying visible signs of decline. It is not in his best financial interested to hit the FA market for the first time at 33.
Well I hear Linda Ronstadt is looking for a guitar player.
#20
Posted 16 April 2012 - 04:17 PM
I agree the only way he extends is if he gets some big time stability on the back end, rather than sign for a year or two and then try to cash in big time as a ~32ish year old catcher.Using Mackus' estimate for arb years, we have 3/25, which takes him to his age 29 season. Now lets add 5 years to take him to his age 34 season. So lets just say 8/100 by adding 75M for those 5 years. Would you guys support that? Would Wieters go for it? That's a lot of money and security for a guy who has yet to become a superstar and plays a position that carries a lot of injury and decline risk.
I also think that I would sign him to that type of deal if he's open to it. It's certainly a big risk, but if he hits like we hope he will, he'll be worth several times what he'll be paid for the early part of the deal and still useful even if he's not worth every penny as a 1B or DH if he has to move off of catcher for the last couple years.
If he struggles and ends up not being worth anywhere near the contract, well then we were probably going to be bad anyways, so we're not really any worse off overall. Also, unless we extend Jones or sign a big FA, we aren't going to have (m)any guys making big time money in the middle and later years of an 8-year contract for Wieters. Nobody else on the team still in the service time area really seems like we'll need to lock them up to big time contracts. Maybe one or two of the young starters...maybe, and they still don't project as #1 type big time money makers.
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