Originally posted on Fangraphs  |  Last updated 12/3/12
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

Pierre-Paul won't need to wear club on hand this season

Report: Four cities remain in contention to host 2017 NBA ASG

Doc Rivers: Clippers have plan to let Paul Pierce retire as a Celtic

Another young 49er, Kaleb Ramsey, retires from NFL

Saints GM: Drew Brees’ contract situation is not a ‘distraction’

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Tim Tebow: ‘I’m in the best shape I’ve ever been in’

Olympic athletes warned about Rio's 'human crap' waters

T.J. Ward: Broncos defense doesn’t care who’s playing QB

Tokyo already dealing with rising costs for 2020 Olympics

Bears first-round pick Leonard Floyd carted off practice field

Report: Bills and Tyrod Taylor continue to talk extension

Diamondbacks nearing Daniel Hudson trade

Amar'e Stoudemire's presence (and absence) changed the NBA

What would George Costanza have traded to get Bonds and Griffey?

Gabby Douglas can make USA Gymnastics history at Olympics

Week 3 will determine the Big Ten's reputation this season

Cam Talbot thinks the Oilers are close to making the playoffs

The new era of WWE SmackDown has liftoff

Vlade Divac: Cousins ‘most dominant player in the world’

Wild offer to make Prince's 'Let's Go Crazy' new goal song

Canucks don't dismiss acquiring player with past issues

Kareem Abdul-Jabbar ordered to pay $900K to auction house

Six potential landing spots for Nick Foles

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

Amar'e Stoudemire's presence (and absence) changed the NBA

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

One Gotta Go: NBA players hate Facebook too

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker