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December 5, 2012 Transaction AnalysisBoston Declares Victorino
Signed OF-S Shane Victorino to a three-year deal worth $39 million. [12/4] When Boston’s front office flies home from Nashville on Thursday afternoon, they will do so with a new first baseman and outfielder in tow. A day after signing Mike Napoli, Ben Cherington shook hands with Victorino’s representative on a three-year pact. Although it appears to be an odd marriage on the surface, there is some logic in the depth. The leading question is where Victorino will play in the outfield. Jacoby Ellsbury—should he remain in Boston—figures to start in center field while the defensively challenged Jonny Gomes looks like a fit for left field, where the small lawn and big wall will limit his damage. Same with Gomes’ platoon mate, be it Daniel Nava or Ryan Kalish. That leaves right field to Victorino. Primarily a center fielder throughout his career, the native Hawaiian shifted to left upon joining the Dodgers last July. He then went on to have a miserable half-season in Los Angeles, leaving one scout to murmur about tentative play in the outfield and another to remark that the indefatigable Victorino appeared lethargic.
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Why would they jettison all that salary and the bad contracts to take on more? Does Cherington have any idea what he's doing?
I think their thought was to take on "more responsible" contracts, while also obtaining some young, cheap talent as well, which they got in Webster and De La Rosa. PECOTA projects Victorino to be worth about 6.5 wins total over the next 3 seasons, which going with the "$5 mil = 1 FA WARP" idea, would have him projected to make about $6.5 mil more than he's "worth" during his conteact. Given the current FA market, Ellsbury's impending free agency, and that Jackie Bradley should be ready when Victorino's contract is up, I can see the logic behind the move. Whether I'd want my team investing that much money in an aging, injury prone CF is another story.
I don't think you can compare Gonzalez's 7 year, $154 million deal and Crawford's 7 year $142 million deal with two three year, $39 million contracts. I mean, you can, but you have to acknowledge there is a pretty wide chasm between those two groups.