Astros Sign Lyon

The Houston Astros have signed reliever Brandon Lyon to a three-year, $15 million deal. That may seem like a lot for a reliever who doesn’t rack up a lot of saves, but Lyon is good enough to be getting more opportunities in important situations.

Over the past three seasons he’s had a 2.11 K/BB and given up 0.7 HRs per game. He’s not a stud, but he’s a dependable pitcher who can handle late inning opportunities when the game is close. I’ve got him valued at $17.5 million over the next three seasons, so the deal seems about right to me.

6 Responses “Astros Sign Lyon”

  1. Andrew says:

    I completely disagree on the value of Brandon Lyon. He is definitely a capable middle reliever due to the number of strikes that he throws. However, I don’t believe that he misses enough bats(thus relying on luck and defense too much) to be placed in high-leverage situations and command this type of salary. I think it’s another sign of mismanagement from Houston – they’ve addressed the 7th inning at for a huge price when they have other gaping holes in their squad (and apparently money issues that they’ve mentioned). Boston just signed Boof Bonser and showed why they have much sounder management in the front office. Here’s a guy that’s very similar to Lyon in pitching to contact and ability to pitch the 7th inning but he possesses the ability to spot-start and has team control for another 4 years or so.

  2. confused says:

    What makes a pretty generic reliever worth anything near that figure?

  3. Nick Steiner says:

    While I don’t disagree with the 17.5 million dollar figure, at least not by that much, this wasn’t a very good move for the Astros given that they are a non-contender.

    As an economist, you would obviously know that going from 75-76 wins it’s nearly as important, or profitable, to going from 88-89 wins.

  4. JC says:

    Actually the marginal value of a win is more at 88 than it is at 75. And, I’m unsure how being an economist would “obviously” cause me to think the opposite. If anything, the economics literature as assumed a diminishing returns to wins, which do exist, but not within the realm of where most teams are making decisions. While I mostly present values assuming a player is on an average team, I acknowledge that they may be worth more on good teams. Also important, is that though wins are more valuable for good teams, once a team falls slightly below average wins are valued about the same.

  5. Nick Steiner says:

    JC – I mistyped, I meant to say the value of a marginal win at 88 is much higher than at 75.

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