Tuesday, December 11, 2012

Greinke's Pay Day From Dodgers

Zack Greinke just received the highest contract given to a right handed pitcher. It is not surprising that the contract was given to Greinke by the Los Angeles Dodgers. The Dodgers have not been shy spending money this off-season.

Greinke's deal is for six years and $147 million. The previous highest contract for a right handed pitcher belongs to Matt Cain who signed an extension with the San Francisco Giants for six years and $127.5 million. As a part of Greinke's contract the Dodgers would not give Greinke a no-trade clause. This is not something new for the Dodgers. In previous contract negotiations with Matt Kemp and Andre Ethier the Dodgers also refused to give a no-trade clause. Greinke does have written into his contract a clause that would allow him to become a free agent at the end of a season if the Dodgers were to trade him. In addition to that clause, Greinke received an opt-out clause similar to that of Yankees pitcher CC Sabathia. CC was able to opt out of his contract and then resign with the Yankees for even more money.

Soon after the Dodgers locked up Greinke, they added to the rotation by signing Ryu Hyun-jin. Hyun-jin received a contact of six years worth $36 million. As I previously wrote, the Dodgers already had an investment in Ryu because they had to bid just to have the opportunity to talk with him.

Final Thought
It should be a very exciting time to be a Dodgers fan. The willingness to spend money has been clearly shown by the Los Angeles Dodgers owners and front office. Greinke is a great pitcher who will certainty help them win games. The contact value may be questionable but if Greinke continues to pitch with success, the contact will be well worth it. If Dodgers fans think they are still missing some assets needed to make them a great team, they should not worry. The Los Angeles Dodgers have shown no signs that they are going to stop spending the big money anytime soon. The only real question for the Dodgers is... Who is next?


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