Originally written on Fangraphs  |  Last updated 11/14/14
Mlb_apr_27_2c54
Not exactly the biggest news of the winter meeting, but the Rangers agreed to sign Joakim Soria to a two year contract today, and Danny Knobler suggested that it would be in the $8-$9 million range, and Alden Gonzalez adds that Texas got a team option for a third year in the deal as well. This is a bit of an unorthodox move, as Soria had Tommy John surgery in April, and is unlikely to be ready for the start of the 2013 season. In general, guys coming off surgery have to settle for one year deals, then get bigger contracts once they’ve proven they’re healthy. Ryan Madson, for instance, just signed a one year deal with the Angels, and his timeframe is pretty similar to Soria’s. However, just because it’s unusual doesn’t make it a bad idea. Often times, these one year deals turn out to be good value buys for the signing team, as the injury issues serve to drive the player’s leverage — and consequently, his price — significantly below what similar healthy players are signing for. Under the previous free agent compensation system, a team could extract one year of value from a good reliever, then collect draft pick compensation after they walked in free agency the next year. Now, though, the qualifying offer drastically reduces the chances of compensation for a relief pitcher, which drives down the team’s incentives to churn the bullpen each winter. So, I wouldn’t be overly surprised if two year, low AAV deals become a bit more common, as teams try to get a low cost healthy season as the benefit to paying for the cost of rehab. Even if Soria only throws 20-30 innings in 2013, having him potentially available for the postseason and then having him locked in for $4 or $5 million in 2014 could make this a pretty nice bet for Texas, and the overall guarantee is low enough that it won’t be a killer even if Soria never does return to previous form. And, of course, with a 38-year-old Joe Nathan lined up to closer in 2013, injury or performance issues are always possible, and this gives the Rangers a secondary option for the second half of the season if Nathan needs to be replaced. Given the high cost of closers at the trade deadline, making this kind of deal now to prevent yourself from having to pay those exorbitant rates later could end up saving the team value in the long run, especially if Soria returns to form and can provide value as the team’s closer in 2014 and 2015.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Dolphins teammate on Dion Jordan: It’s a bad situation

Texans reportedly the favorite to be featured on ‘Hard Knocks’

Report: Goodell will not recuse himself from Brady appeal

Will Smith suspended eight games for 'foreign substance'

Report: Kobe Bryant likely to retire following next season

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Don Shula named in painkiller lawsuit from former NFL players

Kyrie Irving questionable for Game 2 versus Atlanta

Michael Sam signs with CFL’s Montreal Alouettes

Ex-A&M quarterback Kenny Hill transferring to TCU

Michael Bennett compares Pete Carroll to Willy Wonka

Jim Kelly: There is no doubt Tom Brady cheated

The Los Angeles Angels are finally finding their groove

Re-evaluating all 30 MLB teams at the quarter mark, ranked

Is virtual reality training the next leap forward for football?

Warriors a very shaky 2-0 against the Rockets

NFL icon Bud Grant zings Pats with Deflategate joke on Twitter

RG3 announces birth daughter's birth on social media

Don't listen to Nick Saban, the bowl system is just fine

MLB scores partial victory in minor league wage lawsuits

Ranking the NBA Playoffs' most significant injuries

WATCH: Will Smith ejected for foreign substance on arm

Guy behind NFL's social media trolling of Pats is a Jets fan?

In defense of 76ers general manager Sam Hinkie

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Jim Kelly: No doubt Tom Brady cheated

Post-combine NBA Draft big board: Top 30

Ex-players sue NFL for conspiring to push painkillers

Astros surprising, but can get better with Correa

Here come the Giants

Aaron Hernandez got new tattoo in prison

TUF weekly recap by NOS® Energy Drink

Ten players who could benefit due to PAT rule change

Five QBs set for breakout campaigns

Report: Lakers will pursue Thibodeau

MLS leaders struggling with attendance

LBS: I was a contestant on Sports Jeopardy!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.