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40 MILLION FOR LOHSE?

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Today the Cardinals are expected to announce the signing of Kyle Lohse to a 4-year, $40 million deal.

Let me start by giving major props to Dave Duncan and Tony LaRussa. They always find a way to take pitchers that are either injury-prone, underachievers or flat-out bums, and make them into something productive. And this has been going on since their days in Oakland. And so when I read a news item about a massive signing like Lohse, I do take that into consideration.

Lohse emerged from his Brett Tomko-like career to go 15-6 with a 3.78 ERA for STL this year. He made 33 starts and led the Cards with 200 innings. It was the second time in his 8-year career that Lohse has made it to 200 innings pitched.

With all the injury problems the Cards have had, Lohse seemed like a good pitcher to re-sign. But 4 years and 40 mill? Did they really think that he would get an offer like that on the open market? What does that mean for guys like Ryan Dempster and Jon Garland? How much will they get?

Posted by admin on Monday, September 29, 2008 at 8:28 am 
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  • dhaab

    Um, you need to do some checking on the market rate for guys like Lohse. It’s strange you don’t see this after your Cubs signed Marquis to a similar deal a few years back. 4 years at 10 mil per is almost a bargain these days for any durable back of the rotation starter. Check the last 3 years of signings. You’ll see. And that price is only going to get worse.

  • http://zonersports.com The Zoner

    I would disagree with that. I still think teams spending that type of money are looking for a 2 or 3. Lohse may be that. But if I’m a GM with a somewhat limited payroll, I’m sure waiting to see what he’s offered in free agency. Because there are alternatives available that might be better for just about the same price, if not cheaper.

  • dhaab

    Please show me other alternatives for 10 mil a year.
    I think it’s a good deal. Marquis is a similar kind of pitcher (though he may be a bit worse) and he got the same kind of deal 3 years ago. So now, he’d probably get around 12 mil per year. The market for starting pitching is at a premium in baseball and it isn’t getting any cheaper.

    I find it interesting that you think it’s a good deal when your Cubs sign a fairly unknown quantity in Fukodome for 11/12 mil per year and he ends up being a below average hitter with no power, yet you think THIS deal is bad. Fukodome is probably nothing better than a solid 4th outfielder right now. And he’s getting paid the same as a very good starter. Just sayin’.

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