Posted February 07, 2013

Report: Felix Hernandez, Mariners agree to 7-year, $175 million deal

MLB
Felix Hernandez

Felix Hernandez has reportedly agreed to a megadeal with the Mariners — $175 million over 7 years — which would make him the highest paid pitcher in baseball. (Gregory Shamus/Getty Images)

Felix Hernandez and the Mariners have agreed to a seven-year, $175 million contract extension making him the highest paid pitcher in baseball history, reports USA Today:

Hernandez was scheduled to earn $19.5 million in 2013 and $20 million in ’14. Instead, his new contract will take effect this season and pay him a record average annual value of $25 million through 2019.

Hernandez’s contract trumps C.C. Sabathia’s seven-year, $161 million deal, signed before the 2010 season, as the richest ever for a pitcher. The average annual value of $25 million trumps the $24.5 million that Zack Greinke will receive annually from the Los Angeles Dodgers as part of a six-year, $147 million deal signed in December.

The source was a person familiar with the contract details but spoke on anonymity because the deal is not yet official. Mariners GM Jack Zduriencik declined to comment.

Hernandez, 26, was 13-9 with a 3.06 ERA last season. He pitched a perfect game on Aug. 15 against the Devil Rays.


25 comments
Dondada
Dondada

JoeCabot: What exactly is your problem??  Nobody is talking politics here except you.  If, as a country, we value baseball pitchers above doctors then so be it.  But don't bring your nonsense politics here into a sporting topic. We are arguing if it makes sense for the Mariners to put a third of their recent salary into one player who plays every 5th day, and that's it.

WilyCoyoteSuperGenius
WilyCoyoteSuperGenius

Utter insanity. Prepare for another generation of losing Mariner's fans. $27 million per year for a player who only plays every fifth day. Who went 13 and 9 last season with a slightly better than average era of 3.06.

 

Nine figure contracts have almost universally been a catastrophe for teams.

JasonMacBride
JasonMacBride

King Felix is ten times the pitcher Grienke will ever be.

craig.w.bryant
craig.w.bryant

The next in a long line of deals that the team will come to regret. Hernandez will be in NY or Boston within 3 years when the Mariners realize that this contact will massively hinder their ability to acquire other pieces and do what the Rangers did with A-Rod.

DanaBunner
DanaBunner

Personally, I think the Mariners are crazy to do this deal.  It will tie up about 30% of their salary money for 7 years, for a player who plays in 20% of their games.   And who has won only an average of 13.3 games per year over the past 3 seasons.  Not saying he isn't a very good pitcher, I just wouldn't be cutting this kind of deal if I were the Mariners.  It's the kind of contract which can kill a small market team.

train805
train805

Who are the "devil rays"?

EldenJones
EldenJones

IMO, it was a bad mistake on Felix's part. I sure hope the M's go out and get him some offensive help!!!!

JayZ
JayZ

And anyone wonders why players take PED's? 

Boron
Boron

Good for Felix, but wow, what an ugly world we live in that this is what we value most.

JoeCabot
JoeCabot

 @Dondada No problem at all.   If you saw all of the deleted posts, you might see what my posts mean.  We had a whiner ranting on about how disgusting our society is based on these types of contracts, which you and I seem to agree on.  I just expounded on my point by noting that these complaining, collectivist types should be happy with these contracts as they will bring more tax revenue to various levels of government, which is what they have been bitching about seemingly forever.

WilyCoyoteSuperGenius
WilyCoyoteSuperGenius

 @m.guszak - Bread and Circuses my friend - keep the mob entertained and they won't notice the empire crumbling around them.

JoeCabot
JoeCabot

 @m.guszak More class envy.   While parts of the economy are in shambles,  other pieces of it are doing very well, pro sports be one of them.   Are these teams supposed to quit spending money and attempting to improve their product because some people have lost jobs?  Is Felix Hernandez supposed to decline the contract because some industries are struggling?   Where is the logic in your rant.   Simply because the president, a rich guy, rants about the evils of wealth and success, does not make it true.

kselvig9
kselvig9

 @DanaBunner Felix is the posterboy for wins being irrelevant when judging a pitcher. The Mariners were one of the worst offensive teams in history the last couple years.  I'm sure he has more losses when giving up 2 or fewer runs than any other pitcher, and it's probably not close.  And Seattle is hardly a small market team (see "first $100 million payroll to lose 100 games season a few years back.)  

Staz
Staz

 @Boron Ya, take that Greinke 500 grand more annually. trumped.

JoeCabot
JoeCabot

 @Boron What does this have to do with values?   It is simple economics. Supply and demand.  Why does this make the world ugly?

DanaBunner
DanaBunner

 @kselvig9  @DanaBunner Yes, I know about advance pitching statistics. The Mariners 2012 payroll was $84.8M.  If I am building a team and spending roughly that amount of money, I would not put $25M of it on one starting pitcher.    I would focus on maximizing team wins and I don't believe this contract does that.

JoeCabot
JoeCabot

 @l.czolgosz66  Is this what you sense?   Are you the post whisperer?   Nah, this is not my life.  I post on plenty of other boards as well.   I may be a loser, but you seem to be enthralled.  This is what I sense.

JoeCabot
JoeCabot

 @l.czolgosz66  A loser because you don't agree with me?  Nice logic.  A loser because I post?   You're in that demographic.    Oh, and thanks for following my posts.  I'm flattered.

JoeCabot
JoeCabot

 @m.guszak  Is Seattle improving the product?  Maybe, maybe not, but keeping one of the best pitchers in the game is an attempt.  Again, what does his salary have to do with what anyone else in society earns?   Financial success is part of society, whether you like it or not, and to compare those getting wealth via honest, hard work with criminals is just another way of voicing your class envy.     We, as a society, should not be investing our money.  We as individuals, and those that own and/or run businesses should be investing out money where we see fit.  The management decisions of the Seattle Mariners are theirs, not the decisions of a collectivist society.   By the way, you should be ecstatic about Felix Hernandez's contract, as the government will now be able to extract more from him in taxation.  Just a bit of your collectivism at work which would seemingly make you happy, yet you still seem a bit on the miserable side.

JoeCabot
JoeCabot

 @m.guszak  I am not debating that this is or is not a sound business move.  I am debating your argument about Felix Hernandez not deserving this contract.   Whether this proves to be a good move or not for the Mariners, it is their right to do so & his right to cash in, regardless of what you think of his salary as compared to other members of society.  Baseball is a business & the players get paid very well & all of the class envy in the world does not change that.

JoeCabot
JoeCabot

 @m.guszak  If Seattle did not pay the guy, another team would.  Quality pitchers are in limited supply, so the salaries they can demand are high.  Simple economics.    No, I do not see his salary as being a problem.  If the Seattle management chooses to do this, so be it and good for Felix.   What people in other occupations make has no bearing on this.   There always has been economic disparity on the planet and always will be.  This is not insanity, but reality.