Rangers Sign Padilla
December 6, 2006 by Geoff Young
Filed under Hot Stove
According to the official MLB site, the Texas Rangers and right-hander Vicente Padilla have agreed to a 3-year, $33 million deal with an option for a fourth year at $12 million. I’m running out of ways to describe the lunacy that is the current market. Suffice to say, Padilla picked a good time to have his contract expire. It must be nice to be average at what you do and pull in $11 million a year. Not that I’m bitter or anything.
This signing, incidentally, replaces the Danys Baez and Adam Eaton deals as the worst of the off-season. Congratulations to the Rangers for that and for heeding the valuable lesson of Chan Ho Park’s long-term contract from several years ago. Those who do not learn from history…
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Check out what others are saying about this post...[...] The Chicago Cubs are at it again, this time signing former Blue Jays left-hander Ted Lilly to a 4-year, $40 million deal. Lilly, who turns 31 in January, has made 25 or more starts in each of the past four seasons and has posted a better-than-league-average ERA in two of them. Sounds like a $10 million a year pitcher to me. Actually, I guess if Vicente Padilla is worth that much, then so is Lilly, who is the lefty equivalent of Padilla. [...]