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Contracts

Thumbnail image for Report: Verlander inks 5 year deal

Report: Verlander inks 5 year deal

02.03.2010 71 comments

The Detroit Tigers and Justin Verlander have agreed to a 5 year contract worth $80 million according to Larry Lage of the AP. Verlander was at the Tigers Lakeland facility working out earlier today. The deal locks up the ace until the 2014 season and it bests the 5 year $78 million deal that Felix Hernandez received earlier this month.

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Thumbnail image for Tigers find enough in the cushions for Valverde

Tigers find enough in the cushions for Valverde

01.14.2010 181 comments

The Tigers today managed to scrounge up $23 million and invested that in Jose Valverde. The deal is reportedly 2 years and $14 million plus a $9 million option for a 3rd year. For a team looking to be more fiscally responsible and acquire cheap young high end talent to build for the future this move makes no sense.

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Thumbnail image for Ramon Santiago signs 2 year deal

Ramon Santiago signs 2 year deal

12.16.2009 56 comments

The Tigers announced that they have signed Ramon Santiago to a 2 year contract. Santiago has 5.095 years of service time meaning that the contract secures him through his club control years.
I’m a little surprised to see a 2 year deal for Santiago who is essentially a utility player. Terms weren’t announced, but Santiago made [...]

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Thumbnail image for Why moving Cabrera could make it harder to keep Verlander

Why moving Cabrera could make it harder to keep Verlander

12.06.2009 3 comments

The good news for Tigers fans is that according to Jon Paul Morosi a couple of sources say it is unlikely that the Tigers trade Miguel Cabrera this week. Salary relief would of course be nice, but Morosi raises another good point. Trading away a team’s best player likely sends the wrong message to the player you’d like to keep around.

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Tigers and the looming arbitration deadline

11.29.2009 12 comments

The Tuesday deadline for teams to offer their departing free agents arbitration is approaching. The Tigers have three cases that are garnering some attention in Placido Polanco, Brandon Lyon, and Fernando Rodney.

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The Dombrowski Presser

10.08.2009 42 comments

Dave Dombrowski met with the press today and fielded questions for about an hour. Jaosn Beck, Tom Gage, and John Lowe had it covered. There is enough there to warrant about 6 posts worth of further explanation. But until that happens…

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This whole release Ordonez business

06.07.2009 33 comments

There has been a growing sentiment that the Tigers need to release Magglio Ordonez. Ordonez has a very expensive $18 million option for 2010 that will automatically vest if Ordonez notches 249 more plate appearances this season. He also has a $15 million option for 2011 that vests if he has 270 starts or 1080 plate appearances between 2009 and 2010 (info from Cot’s Contracts). I think it is clear to everyone that Ordonez is a very long shot produce like a “$15 million player.” But if the Tigers cut him, it won’t be as simple as walking away from money owed.

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Tigers agree to terms with Justin Verlander

02.03.2009 45 comments

The Tigers and Justin Verlander have agreed to terms on a one year deal. I’ll update with terms when I find them. And the streak of not going to arbitration continues for Dombrowski.
UPDATE: It’s 3.675 million. A couple hundred thousand less than I thought.
Also know that this doesn’t prevent a longer term deal at all. [...]

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About that Verlander contract

02.03.2009 3 comments

In a world without substantial baseball news, the fact that Justin Verlander hasn’t inked a deal yet is garnering some attention. When the two sides submitted their numbers to the arbitrator, they were about a million dollars a part (Verlander wants $4.15 and the Tigers offered $3.2). The Tigers have never had an arbitration hearing [...]

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The Newest Tiger is Brandon Lyon

01.23.2009 28 comments

The Tigers will formally announce the signing of Brandon Lyon on Saturday. Terms are not immediately available but it is likely a one or two year contract. Lyon isn’t necessarily being handed the closers position, but he will definitely have a shot to claim it.
UPDATE 2:49 The deal is one year and $4.25 million with [...]

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Tigers get 4 under contract

01.20.2009 2 comments

The Tigers inked 4 of the 5 arbitration eligible players today. Gerald Laird ($2.8), Edwin Jackson ($2.2), Bobby Seay ($1.1) and Joel Zumaya ($733,000) are all in the fold. Missing from that list is Justin Verlander.
Verlander is the only one of the group likely to be in the mix for a long term deal. It’s [...]

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Tigers sign Thames and Rodney

01.14.2009 19 comments

The Tigers signed Marcus Thames and Fernando Rodney to one year deals. Both were arbitration eligible. Terms weren’t disclosed, but I’ll guess that Thames gets $1.8 million and Rodney gets $2.1 million. It looks like Rodney gets $2.7 million.
That leaves Gerald Laird, Edwin Jackson, Justin Verlander, Joel Zumaya, and Bobby Seay as the arbitration eligible [...]

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