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Orioles sign Gibbons: 4 years, $21.1 million

People tend to focus on the big, superstar contracts when decrying fiscal insanity in baseball and their crippling effect on the long-term success of franchises.  But just as damaging are the big deals handed out to middle-class players, the middle-of-the-road guys who are nice, necessary parts, but who are ultimately replaceable.

The contract the Orioles have just awarded Jay Gibbons is the perfect example of committing too long, for too much, to a guy who just isn't that good.  

The Orioles are paying Gibbons $4.2 million this year, $5 million in 2007, $5.7 million in 2008 and $6.2 million in 2009, which locks him up in his age 29-32 seasons.

This is a bad contract for the Orioles...not because Gibbons is a bad player -- he was very solid last year, when he posted a career .290 EQA, and his career .273 EQA makes him a decent corner outfield option -- but because Gibbons isn't a real good player.  He's a defensive liability with poor on base skills who has some pop.  

The Orioles got Gibbons in the first place from the Blue Jays in the Rule 5 draft, and he's an example of the type of player who can be found cheaply any offseason.  He's the type of player you pluck from the remainder bin, get a couple of good years out of for cheap, and then let walk.  He's not someone you commit over $20 million to for four years.

This is a deal that is almost guaranteed to end badly.  The reasonable best case for the Orioles is that Gibbons posts a .280 EQA for the next four seasons, and is a decent, if overpaid, corner outfielder or DH, who ideally would sit against a lot of lefties.  Worst case, Gibbons goes into decline, and by the middle of 2007, the Orioles are on the hook for two more years and a bunch of millions to a guy who is basically a lefty bench bat.

This is a deal with a limited upside for the Orioles, and I don't see what the point of this move is, any more than I see the point of them going and getting the equally overpaid and mediocre Kris Benson.  

I don't see that the Orioles are that much better off with Jay Gibbons than they would be with, say, Pete Zoccolillo.  Or Walter Young, whom they just lost on waivers to the Padres.

0 recs  |  Comment 8 comments

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Q:
why do you think there are so many dumb people in baseball?

by Longhorn on Jan 25, 2006 12:32 AM CST reply actions   0 recs

Kind of Interesting
Gibbons:
Career OBP+ = 96
Career SLUG+ = 111
Age: 28 years, 10 months

Kevin Mench:
Career OBP+ = 97
Career SLUG+ = 109
Age: 28 years, 0 months

by Lucas on Jan 25, 2006 12:35 AM CST reply actions   0 recs

Urgh
That doesn't bode well for future Mench contracts. We won't have to worry about it this year even if he goes to arbitration, but maybe later.

by Brett Perryman on Jan 25, 2006 2:41 AM CST up reply actions   0 recs

Personally, I've seen no reason
to lock up Mench long term.  I think you keep arbing him until his sixth year, and if he hasnt shown much by then, let him go.

Of course, its easier to do if you have minor league prospects coming from the minors.

by DJCahill on Jan 25, 2006 6:48 AM CST up reply actions   0 recs

Knee Jerk
The Orioles are experiencing a knee jerk reaction to the Blue Jays making a lot of good moves and the Yankees and Red Sox being the Yankees and Red Sox.  The Blue Jays smelled the blood in the water and jumped at the chance to pass the Red Sox and possibly the Yankees.  Orioles are doing the same, but it is too little too late.
"Perfect practice makes perfect." ~ Cal Ripken Sr.

by kwellborn on Jan 25, 2006 7:17 AM CST reply actions   0 recs

that Benson contract
looks alot more palatable after the contracts doled out this winter. I don't think the O's did so bad getting him, unless you are worried about his wife being a distraction. He's only got 2 years/14 mil. left. Although they probably could have gotten him for less (like dinner for 2 at Chez Shoneys).
  But seriously, name a 30 year old starting pitcher out there that isn't overpaid? I'm sure there's a few, but its a lot shorter list than their counterparts.
  But as for Gibbons, Adam, I'm with you completely. Baffling, baffling move.  

by Brian Thomas on Jan 25, 2006 7:02 PM CST reply actions   0 recs

No Kidding
 "But seriously, name a 30 year old starting pitcher out there that isn't overpaid? I'm sure there's a few, but its a lot shorter list than their counterparts."

That is the truth.  They are all overpaid.  Benson at one time was thought to be a really good pitcher.  The Rangers went after him.  If you have the money to spend, he is wortht he risk.  I think he could be pretty good again.  I think his problems in NY were mental.  Speaking of mental, can we conservatives dis-own his wife.  She is not helping the cause.  

"Perfect practice makes perfect." ~ Cal Ripken Sr.

by kwellborn on Jan 27, 2006 8:11 PM CST up reply actions   0 recs

some contracts like these
in terrible off seasons have to be made to keep fans interested.  gibbons has been billed as a star in baltimore for a while and i think they are just deciding to sink or swim with him.

curious, do you think gibbons could have been had for cheaper?  if not, this move is not that hard to fathom.  

by ab03 on Jan 26, 2006 9:15 AM CST reply actions   0 recs

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