partingshot

Doc Halladay Contract Bad Pill For MLBPA

 

You would be hard-pressed to imagine someone worse off than the Toronto Blue Jays fan base in the aftermath of the Roy Halladay trade to the Philadelphia Phillies, but there is. Just follow that loud wailing and moaning sound, and you'll wind up at the New York offices of the Major League Baseball Players Association.

According to Joe Sheenan of Baseball Prospectus, the only remarkable aspect of this deal is that Halladay "took somewhere between 35-50 percent of his market value to facilitate a trade, leaving somewhere between $60 and $100 million in guaranteed money on the table".

Last season, C.C. Sabathia received a $161-million (all figures U.S.) from the New York Yankees as a free agent and two seasons before that Johan Santana orchestrated a trade to the New York Mets who renegotiated his contract to the tune of nearly $140-million over six-years. By our fair market calculations a chunk of money was left in the Brinks trucks.

Wow, talk about your new team discount! There are hundreds of baseball players and agents - as this is being typed - removing Halladay from their Christmas card lists.

Halladay's contract is so far removed from his market value that it looks like an error. Remember, he had to approve not only the contract, but the trade to the Phillies that precipitated it. He made the choice that he wanted to be with the Phillies so much—and wanted to be with them immediately so much—that it was worth it to him to leave $60 million, $80 million, maybe $100 million unclaimed. There is no way anyone could have predicted this even a few weeks ago. This is the kind of decision that a player gets to make for himself and his family. Halladay gets to play for a contender in 2010 and gets to do so with a team he wishes to play for, one that holds spring training near his Florida home, and he valued those things more than the marginal dollars foregone by not testing the market. I don't judge him for it, but I do think we should all be stunned by how much money this man left on the table. There is no precedent for it in sports.

Sure, the Halladay deal was like a was punch to the stomach for loyal Blue Jays fans, however, does anyone believe this deal gets done if "Doc" Halladay's agent is Scott Boras? Not bloody likely.

Of Unselfish Decisions and Restocked Systems [Baseball Prospectus]

Posted by: partingshot on Dec 17, 2009
 
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Anonymous Comment

Chris wrote on Dec 18, 2009

Why didn't the Phillies keep Lee and sign Halladay? They're dumb in my opinion. You don't get many chances to win it all and the Phillies came up short last season. Now they come back with essentially the same team again. It's a horizontal move for Philly, full reverse for Toronto, and a vertical move for Seattle.
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YukonSloMo

YukonSloMo wrote on Dec 18, 2009

Watching the press conference in which Doc was introduced to the media....one wonders why other athletes cannot conduct themselves like him...Doc is class through and through...no doubt about it the Phillies got a blue chipper...but also a wonderful ambassador for baseball and his team...Finally there is a role model out there...that kids can look up to (other than of course their parents). Hey Tiger..ya listening...ya putz
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Anonymous Comment

Howard wrote on Dec 17, 2009

I'm rooting for the Phillies to win the World Series. Doc deserves it.
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Anonymous Comment

CentreOfTheUniverse wrote on Dec 17, 2009

Almost all major sport team players that come through the city of Toronto, Canada's sports capital, learn that modesty, respect and integrity are what rule with knowledgeable fans. Mats and Doc are examples of what fans should look up to, Vince not so much.
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Anonymous Comment

Tim wrote on Dec 17, 2009

There needs to be more players like the 'Doc'. He is the type of player every manager, player, and fan would want on their team. He is if not the hardest worker then tied for it, loves to play the game and does not need that massive contract to "cash in". What is the difference between having $20m and $23m? The 'Doc' knowing he wants to win the big prize takes a slight cut in pay from what he is actually worth compared to other pitchers and allows his team to have money to be able to build a championship team, now thats a player I would love to have on my team. And when the Phillies come back to Toronto and the 'Doc' pitches I will wear my Halladay jersey with pride and give that guy the ovation he deserves.
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Anonymous Comment

Guelphdad wrote on Dec 17, 2009

I think it is a fair contract and he got what he wanted. To say he took 50% of his value is assuming he'd want a six or seven year deal with the Phillies. Sabathia got $23 million per year, Doc got $20 million. that's not a 50% difference so all that is talked about really is long term money. Maybe Doc wants three years and then to retire. I'm not a union buster, nor do I back someone like Boras, but sometimes a player has to do what is best for him and his family, his agent and the union be damned.
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