Exposing Baseball’s Worst Contracts

OK, baseball fans.  This one is just too good not to pass on.

Joe Posnanski is a great doubles hitter when it comes to writing his columns at SI.com.  A consistently solid read who usually provides a different insight than most of the other notable baseball writers.  But his most recent column on the worst current contracts in Major League Baseball is a home run to straightaway center.

With assistance from the fantastic database of Cot’s Baseball Contracts, Posnanski provides a fair but biting analysis of how and why some of these contracts made their way into the books. 

Faring especially poorly in his analysis is Toronto Blue Jays General Manager J.P. Ricciardi, who was in the news this week for his salary dump of Alex Rios (picked up on a waiver claim by the Chicago White Sox) and who has entered into a number of regrettable big-money deals – most notably that of the virtually untradeable Vernon Wells, who easily tops the Posnanski list.

Vernon Wells (seven years, $126 million)

Vernon Wells (seven years, $126 million)

Be sure to read through the list to see why Posnanski comments: “Funny, people will constantly rip the Yankees and Red Sox and teams like that for all the money they spend … but it is teams like the Mariners, Royals, Brewers, Blue Jays and Indians that seem to actually make the worst signings.”

Fact is, he’s right.  And those teams have been very wrong on too many occasions.

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~ by acm213 on August 14, 2009.

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