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Mingo
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White Sox To Sign Liam Hendriks - MLB Trade Rumors
3 years $54 million - 4th year club option at $15 million.
3 years $54 million - 4th year club option at $15 million.
The structure of that 4th option year is interesting. The Sox either kick it in at $15m or it's a buyout for the same amount, but stretched over an undisclosed number of years.White Sox To Sign Liam Hendriks - MLB Trade Rumors
3 years $54 million - 4th year club option at $15 million.
hmmm kinda started this a little late there mingo.White Sox To Sign Liam Hendriks - MLB Trade Rumors
3 years $54 million - 4th year club option at $15 million.
In other words - Jerry paid a premium price.The structure of that 4th option year is interesting. The Sox either kick it in at $15m or it's a buyout for the same amount, but stretched over an undisclosed number of years.
Yes, no doubt. I said in another post that we may have overpaid for his services, but I followed it up with a "I don't give a shit" type of opinion. He's gonna help us chase that flag and this is all that matters.In other words - Jerry paid a premium price.
I'm this forum's late innings reliever Iddy -hmmm kinda started this a little late there mingo.![]()
Nice move
Meanwhile my twins just stand pat....damnit
Nice move
Meanwhile my twins just stand pat....damnit
I've been surprised at the lack of activity to date from the Twins, who have always excelled at filling the necessary holes in their roster, and often doing so without breaking the bank. This stinking covid has wreaked havoc in the bigs. It's possible they're just waiting for the market to come to them, but I would have thought by now they'd be busting a move or two. Still a lot of offseason left tho.Good pick up. They are a much better team than they were last year.
I've been surprised at the lack of activity to date from the Twins, who have always excelled at filling the necessary holes in their roster, and often doing so without breaking the bank. This stinking covid has wreaked havoc in the bigs. It's possible they're just waiting for the market to come to them, but I would have thought by now they'd be busting a move or two. Still a lot of offseason left tho.
I'd also include the Yankees, Jays, Rays, and A's (call me Mr. Poet) as additional playoff contenders hoping to score some talent at more bargain prices.The Twins are definitely waiting out the market for value buys. Nelson Cruz is waiting to see if the NL is going to use a DH next year before he signs (how far can he go with his career should be a question for the Twins).
A lot depends on the payout schedule agreed to if the sox decline the 4th year - to get to the real value of the deal. This is better than what I thought would be needed $14 or $15 mil per year. I predicted 4 years $60 million in one of these threads.A somewhat misleading statement from CBS Sports on the Hendriks signing:
The Chicago White Sox have signed free agent reliever Liam Hendriks to a three-year, $54 million deal, according to The Athletic's Ken Rosenthal. CBS Sports HQ Baseball Insider Jim Bowden confirmed the signing. The deal includes a club option for a fourth year, and it's $54 million guaranteed, Rosenthal notes.
At $18 million per year, Hendriks breaks the record average annual value for a relief pitcher, Bowden notes. He surpasses right-hander Wade Davis' three-year, $52 million contract he signed in 2018 with the Colorado Rockies.
It's only $18m per year if the Sox decline the 4th year and buy out the option. If they invoke it, which I suspect will be the case, then the AAV changes to $13.5m per.
Agreed, I didn't want to get into the nitty gritty of that option year, it's that they make it seem like it's a flat $54m for three years, which is not the case.A lot depends on the payout schedule agreed to if the sox decline the 4th year - to get to the real value of the deal. This is better than what I thought would be needed $14 or $15 mil per year. I predicted 4 years $60 million in one of these threads.
I think Hendriks was banking on the Sox signing him from the getgo. Apparently, he kept openly singing praises about our ballclub pretty much from the moment he helped eliminate us from the postseason. Obviously the key for him is he got paid, but I also believe he genuinely wanted to play for the Good Guys. Gotta respect that.I heard Hendriks liked the Sox more than the Astros when it came down to it. He is friends with Lucas Giolito - he is also into rescuing cats - just like Tony La Russa.
I'm for "Purple Haze" has the Hendriks intro music. @Jiddy what do you think?