Sal Perez and Money

Cost efficiency is a difficult thing to understand let alone obtain in modern day sports. In baseball, there are certain metrics that allow us to at least get a rough estimate of a players worth. Fangraphs uses fWAR (for a definition of fWAR and rWAR go here- to determine a players overall value to his team. Placing a monetary value to a certain WAR value can give you an idea of a players worth that season.

Sal Perez just signed a 5 year $7 mil extension with the Royals. That contract includes 3 one year club options for an additional $14.75 million. There is also $5 mil in incentives he could earn as well.

Here is the breakdown:

Year 1: $0.75M
Year 2: $1M
Year 3: $1.5M
Year 4: $1.75M
Year 5: $2M
Year 6: $3.75M – option
Year 7: $5M – option
Year 8: $6M – option
$5M in  incentives

Last year Sal put up a .331/.361/.473 line in 158 PA’s. No he won’t duplicate those numbers again but if he simply posts a .270/.320/.410 and plays solid defense behind the plate the Royals will come out so far ahead it will make the $12.4 mil Gil Meche gave back look like a small donation.  Sal’s  rWAR last year – 1.1. Sal’s value last year – $6.7 mil.  The catcher position in MLB is so thin, always has been, that the value of 158 PA’s is enormous. It’s no secret Ned Yost feels Perez is the most talented catching prospect he has ever seen. May be one of the best catchers he has coached period.

This could work out extremely well for the Royals with so little risk it’s hard to find any fault with it. Barring a major injury or chronic knee and back problems Perez will be a well above average catcher for every year of his contract. Hell, if the guy stopped playing right now the Royals would only be on the hook for the $7 mil over the next 5 years. That’s pocket change even for the Royals. Great job Dayton Moore!



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