Results tagged ‘ Josh Hamilton ’
The acquisition of Josh Hamilton was, in many ways, a two-for-one signing because it also allows general manager Jerry Dipoto to trade a suddenly-expendable player for another starting pitcher.
Question is: Can the Angels take on more payroll in the process?
Hamilton’s five-year, $125 million contract will pay him $17 million in 2013 ($15 million in salary, plus a $10 million signing bonus that’s dispersed evenly over the course of his five-year contract). That, in addition to arbitration projections and minimum contracts, puts the Angels’ 2013 payroll at roughly $159 million, which is about where they finished at last year.
Asked about expanding it further in case of adding a pricey arm, Angels president John Carpino basically said it would be considered on a case-by-case basis.
“Instead of putting [the payroll] at a place where it’s, ‘This is where we’re at,’ it’s, ‘What’s the opportunity cost of doing it?’” Carpino said at Hamilton’s Saturday news conference. “So, if something became available that’s an opportunity cost, it just comes down to wanting to win. But it also has to make sense fiscally.”
Teams are a lot more willing to give up a would-be free agent than a cost-controlled arm, of course.
That’s why, with R.A. Dickey off the board, names like Ricky Nolasco of the Marlins ($11.5 million in his walk year), Gavin Floyd of the White Sox ($9.5 million in his walk year) and Matt Garza of the Cubs (projected $10 million in his final arbitration year) seem to be the most feasible. Rick Porcello of the Tigers (projected $4.7 million in his second arbitration year) has also been mentioned.
Peter Bourjos, who’s still a year away from arbitration and will make about $500,000 in 2013, appeals to many teams. Kendrys Morales, Vernon Wells and — seemingly to a lesser extent — Mark Trumbo can also be made available.
The Angels’ preference would be to acquire a young, pre-arbitration starter who won’t add to the budget (Jeremy Hellickson and Matt Moore of the Rays comes to mind). But whether or not that situation presents itself remains to be seen.
– Alden Gonzalez
UPDATE, 11:24 AM PT: Josh Hamilton is headed to the Angels, a source told MLB.com’s T.R. Sullivan. According to ESPNDallas.com, Hamilton signed a five-year deal.
It seemed like the Angels were mostly done for the offseason, after acquiring two starting pitchers (Tommy Hanson and Joe Blanton) and two back-end relievers (Ryan Madson and Sean Burnett) to push their payroll to about $140 million.
But maybe that has changed.
ESPN.com’s Buster Olney wrote via Twitter on Thursday that the Angels are “positioning themselves for a big strike in the market,” speculating that high-priced free-agent outfielder Josh Hamilton could be the target. Joe McDonnell of FOXSportsWest.com attributed a Major League source in tweeting that the Angels are in serious negotiations with Hamilton.
On Wednesday, when the four new pitchers were introduced at the ESPN Zone in Downtown Disney, Angels general manager Jerry Dipoto said: “I don’t feel like anything else is imminent, I don’t feel like anything else is pressing and I don’t think anything else is required.” And a source told MLB.com that if the Angels do make another signing, it’d probably be in January if the market dries up on a starting pitcher, prompting him to take much lower than expected.
But has owner Arte Moreno suddenly decided to stretch out the budget once more, like he did last offseason to acquire Albert Pujols? And is it a reaction to the big-ticket moves made by the Dodgers, as Olney speculated?
– Alden Gonzalez