Vogelsong Deal a Steal

So, hey, R.A. Dickey just signed a 2 year, $25MM extension to pitch for the Toronto Blue Jays thru 2015, and they’re even more of a big contender in the AL East now. This off-season has seen its fair share of money being thrown around, and if you’re a MLB pitcher that can start games, you’re going to get paid. Ryan Vogelsong got his share of money after the 2011 offseason in the form of a 2 year, $8MM contract with a third year option for $6.5MM. As of right now, you’d guess the Giants will pick that up, but that’s for the next offseason. Vogey’s contract amounts to $14.5MM over three years when it’s all said and done, and the man has already put up 4.8 fWAR in two seasons (2.2 in ’11, 2.6 in ’12) since making his comeback tour with San Francisco. Here’s a look at some other deals this offseason that gave out some pretty good coin not named Ryan Vogelsong, along with the fWAR they’ve put up:

  • Joe Blanton, Angels: 2 years, $15MM (4.8 fWAR — 2.0, 1.8, 2.4 — in last three full seasons)
  • Jorge de la Rosa, Rockies: 1 year, $13MM (hasn’t had a full season since 2009)
  • Ervin Santana, Angels: 1 year, $13MM (4.2 fWAR — 2.2, 2.9, -0.9 in last three seasons)
  • Hisashi Iwakuma, Mariners: 2 years, $14MM (only one MLB season to judge thus far)

And these were just the starters. If you put the value at about $5MM per Win Above Replacement, you expect Vogelsong to get $13MM to even repeat what he did in 2012 per fWAR. He barely gets over that in his overall contract if the option’s picked up. Credit Brian Sabean and his people for locking down Vogelsong when they had the chance, because a Vogelsong deal this offseason would have certainly been more expensive (maybe a little higher than what Joe Blanton got), and the extra cap space in the self-imposed salary cap of about $140MM can be put towards targeting some bullpen arms and OF depth.

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