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Astros lock in Valverde for 1 year/$8 million

KHOU is reporting that the Astros have signed Jose Valverde to an $8 million deal for next year.  Valverde projects to be a 2.2 WAR player, with a theoretical market value of $11 million.  This seems like a solid signing, and a good way to avoid arbitration on him.

It would have been nice to see a two year deal for the same, or near the same, kind of money just to stave off Wade hitting the market for an overpriced closer next year, but I assume that just wasn't an option.

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Nice deal.

Would’ve liked to see a multi-year contract to lock the guy up even moreso though.

by jonthefon on Jan 12, 2009 6:19 PM CST reply reply actions actions   0 recs

He wouldn't get $11 million in arbitration, because he is still under team...

control and would be compared to players in a similar stage of arbitration. That’s probably not far off from what he would get in arbitration. Of course, that’s not a surprise, since Valverde’s agent isn’t going to agree to something far lower than what he thinks he would get in arbitration. In any event, it’s good that they got that out of the way, so Wade knows exactly what the number is and can get a better grip on the budget. We can hope that Wade feels like he has more room to make some kind of bargain signing once he knows what the big arbitration numbers are. I think that uncertainty could have been holding him back some.

by clack on Jan 12, 2009 6:45 PM CST reply reply actions actions   0 recs

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