Moyer signs 2-year $10.5 million extention with the Phillies

[Another Blown Save]

Looks like he can make up to 14M, as long as he's healthy

Jamie Moyer-S-Phillies Oct. 24 - 2:35 pm et
Jamie Moyer could make as much as $14 million over the next two years under the terms of the deal he signed with the Phillies on Monday.
We didn't mind the contract yesterday, when it looked like he'd earn $5.25 million per year. However, all he has to do is stay healthy to earn the full $14 million. Moyer will receive a $1 million signing bonus and salaries of $6 million in 2007 and $3.5 million in 2008. If he pitches 170 innings in 2007, he gets $4.5 million in 2008, and if he hits 180 innings, he gets $5.5 million in 2008. He also gets $500,000 if he hits the 165-inning plateau in 2008, another $500,000 for 175 innings and another $500,000 for 185 innings.

[acsguitar]

Would Moyer have been picked up by another team if the phils didn't sign him so soon?

I'm sure the Cubs would have.

He doesn't throw hard enough to blow his arm out though he wouldn't be a fit there

is that what wild speculation tells ya?

That and he throws 75 mph from little league mounds

[stumpak]

I am not going to say this is brilliant, but it is not a bad signing. In effect Gillick is hedging against a hot market for SPs by locking Moyer in early. If we wind up in a situation like last year were the Loaiza's of the world are getting multi-years at $7M per, this winds up looking like a good deal. Even if this is not the case, I guarantee that it will not even scratch the surface of the 10 worst deals of the offseason by the time all is said and done.

[RAmst23]

I am not going to say this is brilliant, but it is not a bad signing. In effect Gillick is hedging against a hot market for SPs by locking Moyer in early. If we wind up in a situation like last year were the Loaiza's of the world are getting multi-years at $7M per, this winds up looking like a good deal. Even if this is not the case, I guarantee that it will not even scratch the surface of the 10 worst deals of the offseason by the time all is said and done.

But isn't that circular logic? Let's sign Moyer to a big contact now because later it might take a big contract to sign him? This is how these crazy offseasons happen anyway. A nervous GM signs pitchers for too much early and makes the whole market go crazy.

These multi-year Loaizaesque deals won't happen for too much longer anyway. Remember when all the superstars contracts started popping up for 17,18, 20 million? Teams couldn't afford it and their price came back down. Same will happen with pitchers.

[stumpak]

It is risk mitigation. Gillick has a number of needs to fill and is paying a slight premium to take one of those needs off the table. This enables him to address the remaining needs with more certainty of the resources that will be available, since he does not need to worry about the possibility that the market may dictate that he will have to blow $7M+ on an SP.

This is smart management.

Besides, $5M/year for a servicable SP is not such a bad deal - I will guarantee you that there are plenty of other teams who would pony that much money for Moyer, even if he is well into his 40s. As pointed out earlier in this post, Moyer is a decent SP who gives his team a chance to win most games, which is more than can be said for half the SPs in MLB.

[Pogotheostrich]

It is risk mitigation. Gillick has a number of needs to fill and is paying a slight premium to take one of those needs off the table. This enables him to address the remaining needs with more certainty of the resources that will be available, since he does not need to worry about the possibility that the market may dictate that he will have to blow $7M+ on an SP.

This is smart management.

The problem is that Gillick did blow $7M on him. $6M plus $1M signing bonus for 2007. Then if he actually gets 180 innings out of him the Phillies will owe Moyer $5.5M in 2008. He gets an extra $1M for pitching 180 innings in 2008.

[buffalobillsrul2002]

This is a fine move by the Phils. $5 mil isn't too much to blow on a pitcher who you know will be at least decent. And Moyer won't reach those innings bonuses unless he pitches well and lives up to the contract..

[Pogotheostrich]

This is a fine move by the Phils. $5 mil isn't too much to blow on a pitcher who you know will be at least decent. And Moyer won't reach those innings bonuses unless he pitches well and lives up to the contract..

He is guaranteed $10.5 million. If he reaches the bonuses it is $14 million.

[buffalobillsrul2002]

My bad. I meant 5 mil a year... and Moyer's still pitching decently. He's a control guy, not a hard-thrower or heavy breaking pitch guy, so aging's not as bad for him as say, a Pedro Martinez.