The St. Louis Cardinals interim GM John Mozeliak has wasted no time in signing talent for next year—which makes me think he’s going to lose the “interim” tag soon—signing pitcher Joel Pineiro to a two-year, $13 million deal. Most of the chatter I have read thinks this is a little high.
I have not calculated the 2007 player values yet—I am just about to do so—but looking at 2005 and 2006, this doesn’t look to be a bad signing. I have him valued at $9.08 million in 2005 and $7.28 million in 2006. Pineiro may not be flashy, but he’s better than a lot of other alternatives.
Remember, Jason Marquis signed a three-year, $21 million deal last year. …And will you look at that: Joel Pineiro is Marquis’s most comparable pitcher according to similarity scores. (I promise that I didn’t look before I brought up Marquis.)
Baseball revenues are growing, and players are going to reap some of the windfall. This is just the first of many contracts that are going to drop some jaws this offseason.