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Hoffman resigns, takes a huge discount!!

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Hoffman resigns, takes a huge discount!!

Postby Transmogrifier » Wed Nov 05, 2003 11:06 pm

Taking a far smaller salary and avoiding free agency, relief ace Trevor Hoffman agreed to contractual terms with the Padres today.

"We're very pleased," said General Manager Kevin Towers, who listed keeping Hoffman as his first priority of the offseason.

Hoffman, 36, is guaranteed $2.5 million in 2004. If he finishes a certain number of games, he can lock in a salary of up to $6 million for 2005.

Hoffman was paid $9 million this year. On the disabled list until September after two shoulder operations, the four-time All-Star came back with eight scoreless outings out of nine.
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Postby chinch sacs » Wed Nov 05, 2003 11:17 pm

Great news for Padres fans. He is a great closer and should be health and have good #'s, not that Rod Beck was bad, Hoffman is just the better option. And at 2.5 million its a great deal.
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Re: Hoffman resigns, takes a huge discount!!

Postby wrveres » Wed Nov 05, 2003 11:18 pm

Transmogrifier wrote:Taking a far smaller salary and avoiding free agency, relief ace Trevor Hoffman agreed to contractual terms with the Padres today.

"We're very pleased," said General Manager Kevin Towers, who listed keeping Hoffman as his first priority of the offseason.

Hoffman, 36, is guaranteed $2.5 million in 2004. If he finishes a certain number of games, he can lock in a salary of up to $6 million for 2005.

Hoffman was paid $9 million this year. On the disabled list until September after two shoulder operations, the four-time All-Star came back with eight scoreless outings out of nine.


not that big of a cut..... 6 million plus his 2 million buyout... Treveor knew he wasn't going anywhere and that seems like a nice package...


Thanks I hadn't read that yet ...... ;-D

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Postby DieHardCubbie » Wed Nov 05, 2003 11:26 pm

With Beck going FA...Looks like a good move for both sides...Just hope he can stay healthy next year..... :-o
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Postby Transmogrifier » Wed Nov 05, 2003 11:28 pm

Well, he took a cut from what he got this year, which is unheard of with today's union. Plus, if he is hurt again, he gets BHK money. 8-o
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Postby wrveres » Thu Nov 06, 2003 12:53 am

well. if he gets hurt then he will be at 4.5 million for the year. Knowing Trevor, he would give it all back too if this team was competeing ..

Whats this with Beck going to FLA? Col was the only rumor I heard.
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Postby DieHardCubbie » Thu Nov 06, 2003 12:55 am

wrveres wrote:Whats this with Beck going to FLA? Col was the only rumor I heard.


Sorry wrveres....I was saying free agent..... ;-)
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Postby Lofunzo » Thu Nov 06, 2003 1:12 am

DieHardCubbie wrote:
wrveres wrote:Whats this with Beck going to FLA? Col was the only rumor I heard.


Sorry wrveres....I was saying free agent..... ;-)


LOL :-D
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Postby wrveres » Thu Nov 06, 2003 5:07 am

rotoworld wrote:Padres signed RHP Trevor Hoffman to a one-year, $2.5 million contract with an option for 2005.
The deal only contains $500,000 in incentives, so Hoffman took quite the discount to stay in San Diego. The option for 2005 will become guaranteed if the closer reaches certain performance levels. Padres GM Kevin Towers would not be specific, but he said the numbers should be easily attained if Hoffman has a good season.


hmmm... conflicting reports? Imagine that
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Re: Hoffman resigns, takes a huge discount!!

Postby Arlo » Thu Nov 06, 2003 9:24 am

wrveres wrote:Thanks I hadn't read that yet ...... ;-D

gotta love the cafe

Wow - someone beat wrveres to a Pardes update!? 8-o

Great move by San Diego! ;-D
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