Tigers Sign Valverde

The Detroit Tigers picked up a closer yesterday, signing Jose Valverde to a two-year $14 million contract, with a $9 million club option for a third year.

I’ll keep it short and sweet: I don’t like this deal for the Tigers. I have Valverde worth a total of $9 million for two years. If the Tigers were a better club, it might make sense to pay a little more and there was stiff competition for his services, but this is too much. I doubt Valverde would have gotten this much from anyone else. The good news is that I don’t see any way that the Tigers pick up the third year.

I generally like the Tigers’ moves, so I am a bit surprised to see them make it.

4 Responses “Tigers Sign Valverde”

  1. MJ says:

    Plus they give up a draft pick for the Type A free agent.

  2. JC says:

    Double ouch!

  3. Millsy says:

    I think the Tigers have had a pretty successful offseason (I can’t really comment on this move). Here in Michigan, though, fans seem to be pretty upset about getting rid of Granderson. He was a hometown favorite like Jeter in New York and Chipper in Atlanta.

    While the superstar effect may not be heavily pronounced, perhaps the ‘hometown’ superstar effect could be. Do you know of any research looking into this? If Ripken left Baltimore, Peyton left the Colts, Chipper left the Braves, or Jeter left New York (well, we can probably rule NY out), would we see declines in attendance, holding constant team quality (as long as team quality isn’t spectacular). Of course, this would assume that the player moved while he was still good, rather than a useless old fart.

  4. dan says:

    And they claimed to be trying to shed payroll by getting rid of Edwin Jackson and Curtis Granderson. I’m not sure what they’re doing in Detroit…doesn’t seem to make a whole lot of sense.