The Tigers have signed Magglio Ordonez to a 5 year, $75 million dollar contract.
According to CNNSI, here is how the contract breaks down
His contract calls for a $15 million salary in 2006, $12 million in 2007, $15 million in 2008 and $18 million in 2009. Detroit has a $15 million option for 2010 with a $3 million buyout, and a $15 million option for 2011 with no buyout.
In addition, Ordonez’s salary in each of the option years would become guaranteed if he has 135 starts or 540 plate appearances in the previous season, or 270 starts or 1,080 plate appearances in the previous two seasons. If his 2010 salary becomes guaranteed under this provision, it would be at $18 million. The 2011 salary would be $15 million.
The good news is that the Tigers have only guaranteed $12 million in 2005. If his left knee acts up to the tune of 25 days on the DL in any season, the Tigers can void the deal. This protection is a key element in making the deal palatable.
I’m going to wait to comment further on this signing until I have a little longer to figure out what the Tigers were thinking.
First of all, as a fan right now I’m excited to add Ordonez to the Tigers lineup. The one thing about Ordonez that can’t be questioned is that he can flat out hit. Yes, his numbers may have been inflated a little from playing in US Cellular, but his road OPS is still .900. However, I’m stunned by the fact the Tigers are offering an average of $15 million a year over 5 years.
Ordonez made $14 million last year. He managed to warrant a raise despite only playing two months last year. Also, he is past his peak seasons. Even if his performance over the last few years (last year excluded) is worthy of $15 million a year, the chances that he continues that production as he ages in a bigger ball park is slim.
I know that the Tigers have to overpay and over commit to free agents as a penalty for their performance for the last decade (“the decade of crapulence”). Even with that context, this contract seems excessive. In other words they seemed to have overpaid even by their standards. I just don’t know what other teams were even in the neighborhood of a 4 to 5 year deal at any amount of money.
I know that Dombrowski isn’t an idiot and I have faith that he can restore the Tigers to a winning organization. While the Tigers made aggressive offers during the off-season, they managed to avoid ridiculous contracts that they would regret in the future. Now however, that strategy seems to have been abandoned. For that reason alone I have to believe this was much more an Illitch signing than a Dombrowski one, and for that I respect Illitch’s desire to win. Last year at this time I was worried that Pudge’s contract would limit what the Tigers could do in the future. To Illitch’s credit that wasn’t an issue this year as he committed $88 million to free agents.
I know it is fruitless to look at other signings this year as a point of reference, because the Tigers still aren’t playing on a level playing field. However, it is still disappointing to look at the Beltre’s and Beltran’s and wonder if 5 and 75 isn’t too much for a 31 year old coming off a severe injury, then how much was too much for younger players at positions of need in their primes.
Are the Tigers a better team now than they were without Ordonez? I don’t think you could argue that it isn’t. However, will the Tigers regret this contract two to three years from now? I don’t have a crystal ball, but my inclination is yes.