Source: The Padres and free agent first baseman Eric Hosmer have agreed to an eight-year deal with an opt-out clause after the fifth year, reports Jon Morosi of MLB Network. Several outlets are reporting it’s the largest deal in Padres history, and here’s how the deal breaks down, according to Bleacher Report’s Scott Miller:
Sources: Hosmer to #Padres is for 8 years, opt out after 5, front-loaded deal: $20 million each of first 5 years, $13 mil each of last three years, AAV $18 mil.
— Scott Miller (@ScottMillerBbl) February 18, 2018
Miller notes that there is also a $5 million signing bonus, making this an eight-year, $144 million deal.
For much of the offseason, the Padres have been rumored to be the main suitor for the services of Hosmer. At one point, they were reportedly offering him seven years and $140 million. Instead, it looks like he’ll sign a contract for about that amount over one extra year, but have the ability to get out of the contract early.
Hosmer, 28, hit .318/.385/.498 with 31 doubles, 25 homers, 94 RBI, 98 runs and six steals last season for the Royals. He’s a four-time Gold Glove winner at first base and, of course, has the championship pedigree — having been a member of two pennant winners and one World Series champion in Kansas City. Beyond any numbers, Hosmer is widely regarded as a great leader and clubhouse presence, something the Padres could really use with such a young and inexperienced team, especially when it comes to winning at the big-league level.
The acquisition of Hosmer pushes Wil Myers back to the outfield for the Padres.
It remains to be seen how the outfield situation will shake out. Obviously, Hosmer and Myers will play everyday. That leaves two spots (including center field). Let’s take a look:
- Jose Pirela looked to be the everyday left fielder before this deal. He hit .288/.347/.490 (122 OPS+) last season in just 83 games. He heads to his age-28 season.
- Manuel Margot hit .263/.313/.409 (92 OPS+) last season as a rookie. He’s only entering his age-23 season and is easily the best defender in center field on this ballclub.
- Hunter Renfroe was the Padres’ 2013 first-round pick. In his first full season at age 25 last year, he hit .231/.284/.467 (97 OPS+) with 25 doubles and 26 homers. He flashed some really nice power potential, so would the Padres really want to bench him now?
It seems like Margot has to stay on the field due to the defense factor, so Myers will grab a corner spot and the Padres need to decide how to deploy Pirela and Renfroe.
The answer is yes, yes he is worth it. One of the best all-around first basemen in the league, a gold glover, hits for power and average and to all fields. Has won in the playoffs, enjoyed individual success there, and now he’s rich as hell living on the west coast. Not a bad time to be alive.
As for the Padres, there is always a risk when you spend this kind of coin. Ask me again in 3 years if I think he’s worth it. And if you look back a few years ago when they were signing any and everyone and gave James Shields 75 million. The next year they dealt him to the White Sox and had to pay $22 million for the White Sox to accept the deal. Tough go.
They are not the only team to eat a terrible decision. The Mets gave Jason Bay too much money once, the Yanks did the same with Jacoby Ellsbury. And who can forget Pablo Sandoval and the money the Red Sox shipped his way.
It happens, and if you are a Blue Jays fan, the money on Tulo and Martin’s contracts are a prime example of paying somebody way to much. Tulo wasn’t there signing but they accepted the contract in the deal and Martin they sent the Brinks trucks to his door.
We certainly hope they can turn it around, but it’s hard to get a heel, I mean feel, for how productive they will be in 2018. We hope very, but the uncertainty is aplenty.