Clay Buchholz Signs 4 Year Contract

While Darryl added this to the end of the article he posted today, I thought it was probably a good idea pull this out on it’s own.

The Boston Red Sox and Clay Buchholz have come to terms on a four year contract worth $30M that will buy out all three seasons of his arbitration eligibility.  The contract will go into effect starting in 2012, and will include two club options for 2016 and 2017. According to Sean McAdam of Comcast Sports Net New England, he will earn $3.5M in 2012, $5.5M in 2013, $7.7M in 2014, $12M in 2015, $13M in 2016 (opt), $13.5M in 2017 (opt).  If both options are picked up, the contract would max out at $46.5M.

Earlier this afternoon on Twitter, Gordon Edes had this to say about Clay’s new extension:

“Getting the extension out of the way should mean one less distraction for Buchholz. Not an excuse, but imagine it was on his mind Saturday”

Perhaps he’s right.  Maybe the looming contract extension served as a distraction while he was on the mound.  Forgive me for not being convinced.   I’m not trying to underplay the psychological card, but I think people grab for that card a little too frequently; especially when they feel a certain player is psychologically fragile.  Darryl covers this pretty well, but it appears that Buchholz’s problem stems from mediocre fastball command, a loopy curve ball, and not being able to keep the ball down.

Either way, this looks to be a great contract for both Clay and the Red Sox.  Assuming the average cost of a win (above the replacement level) remains at $5M during the duration of the contract, he would only need to produce 9.3 WAR (or 1.55 WAR per season) in order to justify his salary.  If the average cost of a win continues to inflate at the average 5% rate per year, the deal looks even better.

Categories: Boston Red Sox Clay Buchholz

After being slapped with a restraining order for stealing Nick Cafardo's mail, I was forced into retirement for a brief period of time. As fun as it was to lounge around the community pool and play shuffleboard with noted internet columnist, Murray Chass, I quickly felt a yearning to write again. Now in my second tenure with Fire Brand, I have set lofty goals of achieving world domination, ending the plight of the hipsters, and becoming BFFs with Mike Trout. I am fluent in two languages (Sarcasm and English, in that order); have an intimate relationship with M&Ms; firmly believe that Lucille is the best character on Arrested Development; and spend my spare time trolling select members of the Boston media. You can follow me on Twitter @Chip_Buck.

4 Responses to “Clay Buchholz Signs 4 Year Contract” Subscribe

  1. Gabriel Maria April 10, 2011 at 9:25 PM #

    You are forgetting that the value of the wins during the arbitration period is smaller than for a free agent.

    Or did you take that into account?

    • Chip Buck April 11, 2011 at 2:58 AM #

      @Gabriel – I did take that into account, but I'm using the Fangraphs method for converting WAR to salary value. That method doesn't take arbitration into account. Typically, an arbitration eligible player will receive 40/60/80 value during those three seasons.

Trackbacks/Pingbacks

  1. SweetSpot Roundup 4/11 | jpbaseball - April 16, 2011

    [...] team, Alexi Ogando, fan behavior, and almost-but-not-quite Rangers.Fire Brand of the AL (Red Sox): Clay Buchholz Signs 4 Year ContractChip likes Buchholz’s new contract, for both the player and the [...]

  2. SweetSpot Roundup 4/11 | Japan Baseball - April 21, 2011

    [...] team, Alexi Ogando, fan behavior, and almost-but-not-quite Rangers.Fire Brand of the AL (Red Sox): Clay Buchholz Signs 4 Year ContractChip likes Buchholz’s new contract, for both the player and the [...]