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Jays Lock Up Rios and Hill

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Jays Lock Up Rios and Hill

Postby sportsguy138 » Fri Apr 04, 2008 8:16 pm

Blue Jays signed outfielder Alex Rios to a six-year, $64 million contract extension through 2012.
No mention was made of the reported option for a seventh year. Rios was probably going to get about $18 million for his final two years of arbitration, so the Jays are buying out his first four years of free agency for about $46 million. It's a big commitment to a player who doesn't qualify as a superstar, but Rios is a well above average regular and he's likely to age well.

Blue Jays signed second baseman Aaron Hill to a four-year, $12 million contract with club options for 2012, 2013 and 2014.
He's practically the new Tim Wakefield. It's odd that Hill would give the team options for each of his first three years of free agency, especially when he's only being guaranteed $12 million. Now he may not control his own destiny until his age-33 season.


Source: Rotoworld

Nice to see a couple of these guys given contracts and it looks like we have a core for a while now. I'm just not sure if it's the right core that can win a world series. :-D
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Re: Jays Lock Up Rios and Hill

Postby KCollins1304 » Fri Apr 04, 2008 8:18 pm

That looks like a really bad deal for Hill, why would he give up three years of FA? :-?
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Re: Jays Lock Up Rios and Hill

Postby sportsguy138 » Fri Apr 04, 2008 8:20 pm

KCollins1304 wrote:That looks like a really bad deal for Hill, why would he give up three years of FA? :-?


It's Toronto. I don't see why he wouldn't. :-b :-D
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Re: Jays Lock Up Rios and Hill

Postby bdrotoronto » Fri Apr 04, 2008 10:56 pm

KCollins1304 wrote:That looks like a really bad deal for Hill, why would he give up three years of FA? :-?

It's not really so bad for him. The main deal is $3M/year for 4 years. But the option the team can exercise after year 4 is a choice among 1 yr/$8M, 2 yr/$16M, or 3 yr/$26M. So in other words much more $/yr than the main contract. The only way the team would exercise the option at that point is if Hill is worth more than $8M/yr by that time. I guess it's possible Hill is selling himself short, but not really based on the current going rate, and there's certainly a chance the option never gets excercised and Hill becomes a FA after the 4 years anyway.
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Re: Jays Lock Up Rios and Hill

Postby KCollins1304 » Fri Apr 04, 2008 11:07 pm

bdrotoronto wrote:
KCollins1304 wrote:That looks like a really bad deal for Hill, why would he give up three years of FA? :-?

It's not really so bad for him. The main deal is $3M/year for 4 years. But the option the team can exercise after year 4 is a choice among 1 yr/$8M, 2 yr/$16M, or 3 yr/$26M. So in other words much more $/yr than the main contract. The only way the team would exercise the option at that point is if Hill is worth more than $8M/yr by that time. I guess it's possible Hill is selling himself short, but not really based on the current going rate, and there's certainly a chance the option never gets exercised and Hill becomes a FA after the 4 years anyway.


Oh I took it to mean they had an option decision at the end of each year. It's not quite as bad as I initially thought.
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Re: Jays Lock Up Rios and Hill

Postby daullaz » Sat Apr 05, 2008 2:52 am

Two excellent signings by Toronto. Alex Rios is a top young OF, and Hill is a good enough player at 2B that he can contribute to a World Series run.
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Re: Jays Lock Up Rios and Hill

Postby mweir145 » Sat Apr 05, 2008 3:15 am

These are much better deals than I think anybody could have expected for the team. They are both likely the best defenders in the league at their positions, and Aaron Hill is seemingly in the midst of breaking out offensively.
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Re: Jays Lock Up Rios and Hill

Postby activechamp2006 » Sat Apr 05, 2008 7:29 am

who knew?
The jays know how to give good players contracts they deserve
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