The Beckett Extension
The Red Sox and Josh Beckett have agreed to a four-year, $68 million extension that locks up Beckett from 2011–2014.
Beckett is a good pitcher on a good team, but I think the Red Sox overpaid. On an average team, I have Beckett valued at $60 million over this stretch. Given that the Red Sox have been a good team recently, Beckett’s performance is worth more than that now, but I’m not sure it’s a good idea to project the Red Sox’s excellence that far into the future. Furthermore, given that Beckett still has another year on his deal, I think the team should have expected more of a discount before reaching an extension. Beckett’s not a free agent yet, and I think this is about the type of deal he would get on the free-agent market. What’s the rush to sign this deal? Don’t get me wrong, it’s not a horrible contract, but I think the Sox stretched and Beckett should be pleased with his agent.
2 Responses “The Beckett Extension”
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[...] Bradbury thinks Josh Beckett got the better of the deal with the Red Sox. There’s going to be a fairly weak free agent market for starting pitchers next year. If [...]
couldnt disagree with you more.beckett,with his postseason resume,would have hit the motherlode in free agency,most likely the mets,who missed out on lackey,this is a great deal for boston,lets not forget tha money comin off the books next year in ortiz,lowell,lugos dead money…if you want to keep up in al east,you have to do this