Results tagged ‘ contract ’

Rollins Vests $11 Million Option Tonight

Jimmy RollinsJimmy Rollins said he had not paid much attention to the $11 million countdown, but then he is a baseball player who already has made more than $80 million in his career.

He also received a friendly reminder.

“Today is the big day,” a longtime friend texted Rollins today.

Rollins essentially will have next season’s $11 million club option automatically vest tonight following his second plate appearance against the Diamondbacks at Citizens Bank Park. Rollins needed 1,100 plate appearances in 2013-14 or 600 plate appearances this season for the option to vest. He hits the 1,100th mark with 666 plate appearances last season and 434 this season.

“It’s just like the hits record,” Rollins said. “If you’re out there it’s just going to happen. When? Who knows? But it’s going to happen. It’s nothing I was focused on.”

Of course, Rollins must finish the season healthy. If he finishes the season on the disabled list and a mutually agreed upon doctor says he will not be ready by Opening Day 2015, the option does not vest. But in that case, Rollins still could pick up a $5 million player option or the Phillies could pick up an $8 million club option.

But assuming Rollins remains healthy, the option turns his contract from a three-year, $33 million deal into a four-year, $44 million deal. Rollins always considered the contract a four-year deal from the beginning. He had 625 or more plate appearances in 12 of the previous 13 seasons, so hitting the 1,100 mark was not a problem.

“I’ve been here so long,” Rollins said about the team’s mindset in the plate appearances clause. “Just go out there be healthy and play. If you play we know you’re going to be able to help us win. We’ll make it attainable. We won’t make your stretch yourself out and do things to put your career in jeopardy. Just be healthy.”

Lee Relates to Hamels

Cliff Lee is one of the few people in the world who can truly relate to Cole Hamels‘ upcoming free agency.

He spoke about that today, as Hamels’ agent is in town talking to the Phillies about an extension. The sides are not close and an agreement is not expected before the end of spring training, if one happens at all. These talks will be difficult. Why? Because Hamels’ agent would not be doing his job if he were not trying to get Hamels a contract worth more than $100 million, and the Phillies already have tons of money committed over the next several seasons. Looking at things from the outside and not knowing how much money the Phillies have to spend, it would seem difficult to not only meet the demands of Hamels, but Shane Victorino, who becomes a free agent following this season, and Hunter Pence, who becomes a free agent following 2013.

Can they keep all of them? It will be very, very difficult.

The Phillies already have $109.85 million committed to eight players next season: Lee ($25 million), Roy Halladay ($20 million), Ryan Howard ($20 million), Chase Utley ($15 million), Jonathan Papelbon ($13 million), Jimmy Rollins ($11 million), Kyle Kendrick ($4.5 million) and Laynce Nix ($1.35 million). And that’s not counting club options for Carlos Ruiz, etc. They have $94 million committed to Lee, Halladay, Howard, Papelbon and Rollins in 2014; and $74 million committed to Lee, Howard, Papelbon and Rollins in 2015.

Let’s say Hamels wants $20 million per season from the Phillies. Let’s say Victorino wants $12 million. Let’s say Pence wants $15 million. That’s $47 million for the three (and that’s probably a low figure, if you think about what they could get if they hit the open market). That puts the Phillies’ 2014 payroll at $141 million for just seven players. So what? Well, none of those players are a catcher, second baseman or third baseman. There are bullpen jobs, bench jobs and possibly a starting pitcher or two to find, too. I’m not saying the Phillies will not resign Hamels, but it will not be easy. And it might mean they have to lose talented players elsewhere, something Victorino acknowledged recently.

Stay tuned …

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Jim Salisbury and I co-authored the book The Rotation, which is now available. Check it out here!

Hamels: No Deadline, Wants to Stay

Cole Hamels just finished up his news conference this afternoon at Bright House Field.

Here are a few highlights:

Q: Are you setting a deadline to reach an extension?
A: No. No, I don’t have any deadline. I think the only deadline that is set is by Major Leauge Baseball with (exclusive negotiating rights) five days after the World Series.

Q: So nothing needs to be settled by Opening Day or anything?
A: No, no, no. I’m just going out and getting ready for this year. that’s my main focus. It’s to get as strong as possible throughout spring training and go into the season and try to help this team win. That’s everything I’ve always been able to focus on, especially since we haven’t been back to the World Series in a couple of years, that’s kind of the main focus that I’m going to put every ounce of energy going toward.

Q: In your heart, do you want to be a Phillie for a long time?
A: I was very fortunate enough to be drafted to an organization that is trying to win and obviously has won. Every day, every year we seem to get some top players. So that kind of shows the value and the direction the team wants to go. I’ve just been very fortunate to be a part of it. And it’s also something where I don’t know any better, I live in Philadelphia. I’ve been here for I guess 10 years now, so that’s been something that’s been kind of nice, kind of something I’ve been focused on. It’s a great organization to play for and I’d love to be a part of it.

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