In this day and age of $100- and $200-million baseball contracts, there is one particular contract that is the absolute worst in the modern game of baseball. It is not the contract of Melvin Upton Jr. or Homer Bailey. It is not the horrible 2016 contract that the Phillies are committed to with Ryan Howard. This deal is horrible in terms of injustice rather than just a player being flat-out overpaid.
Who am I talking about? Salvador Perez, of course, the World Series MVP.
Next order of business for Royals: Redoing Salvador Perez’s contract, which may be the single worst for a player in modern sports history.
— Jeff Passan (@JeffPassan) January 6, 2016
Before the 2012 season Sal Perez signed a five-year contract extension with the Kansas City Royals for seven million dollars. That sum in itself is absolutely horrible, but the contract also includes three club options running through the 2019 season. (The options are at $3.75 million for the 2017 season, $5 million for 2018 and $6 million for 2019). With all options considered, Perez can earn $21.75 million over eight years. He could have made more in arbitration.
The Royals at the time took a chance on the young catcher, but he has clearly outperformed the worth of the deal. In fact, in July of 2014 Perez left his former agent for BHSC. He was obviously upset over the deal his former agent Gustavo Vazquez drew up. Too late, as he had already agreed to the deal which is truly the worst in MLB baseball in terms of a player being underpaid.
Why would he agree to a lengthy deal like that buying out his arbitration years? His former agent should never be allowed to negotiate a player’s contract again. I am the type of fan that believes in what is right. Hopefully the Royals will take time to think about what is correct.
Yes, you can argue that it is still seven million dollars, which is nothing to sneeze at. Yes, there are option years which make this deal even out slightly, but look at the deal Yadier Molina agreed to around the same time Perez agreed to his extension. Molina signed a five-year, $75 million dollar extension prior to the 2012 season. Their worth is comparable. Perez was unproven at the time, but still that is fair market value for an All-Star catcher. Not what Perez is currently making.
Salvador Perez told Y! Sports he’s hoping the Royals will consider renegotiating his bargain of a contract. Details: http://t.co/9lKnqC0bc6
— Jeff Passan (@JeffPassan) June 5, 2015
Injustice rules over Major League Baseball in many different capacities. This could very easily be one of the worst. I wonder if MLB and its players would ever consider a pay based on performance clauses? It would end the theory that some players pack it in after signing huge contracts. The MLBPA is too strong to stand for that, however. Guaranteed contracts are here to stay.
Still, if you ask Sal Perez, he might like the idea of getting paid for his performance. His efforts on the field and in the clubhouse have easily surpassed his paycheck.
Do what is right Kansas City, do what is right.