The Dodgers are bringing back starting pitcher Vicente Padilla, who authored one of the best two consecutive game playoff pitching performances in club history, on a one-year deal. Ken Gurnick of MLB.com reports the deal is for $5.025 million, including a $1 million signing bonus and a $4.025 million base salary. Dylan Hernandez of the LA Times reports that "Padilla can earn an additional $1 million in incentives based on innings pitched", and that Padilla's signing bonus will be paid in 2011.
Back in December, I warned that signing Padilla might not be the best move, considering how mediocre he was in Texas prior to his resurgence in 11 starts as a Dodger:
Unless the offer is a one-year contract for a few million bucks, perhaps with some incentives built in, the Dodgers should stay away from the Vicente Padilla sweepstakes. Otherwise, he is a bad gamble.
$4 million $5 million seems reasonable, given that it seems to be one of the lowest, if not the lowest, free agent contracts yet signed by a starting pitcher this offseason. “Vicente did a tremendous job for us down the stretch and his continued success in the postseason proved that he can pitch when there’s a lot at stake,” said Dodgers' GM Ned Colletti. Here are his 2010 projections:
|2009 Bill James||151||4.71||4.71||3.28||6.26|
|2010 Bill James||141||4.66||4.73||3.26||6.19|
For what it's worth, Padilla did win our poll this morning over Jon Garland, so there's that!