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Cahill Signs 5/$30.5M + Two Options Contract

April 11, 2011

Get a #53 jersey because Trevor Cahill is here to stay. ESPN’s Buster Olney tweeted that the deal is worth $30.5M guaranteed over five years, which surprised me as it came in higher than the deals signed by Yovani Gallardo, Jon Lester and Ricky Romero, and the latest young pitcher to sign an extension Clay Buchholz. His tweet was,

“Sources: Cahill’s deal is for $30.5 million over five years…”

I imagine that his youth, outweighed his slightly poorer statistical performance vis-a-vis those other guys. Needless to say I was in the ballpark at a mere $3M off as I guessed a five-year $27.5M deal. The good news however is that it includes options for a sixth ($13M) and seventh year ($13.5M) as per Susan Slusser via Twitter:

“Cahill deal is $30.5 million for five years, two option years at $13 million and $13.5 million.”

I am happy to see the options this means that Cahill appears to be signed (not sure if one of those five years is this year but assume so) potentially through 2017. Good deal with relatively low risk. I know there are plenty of people who will say, Cahill has been lucky, etc and frankly let’s be honest, aside from his very very recent (i.e. two starts) ability to rack of strikeouts, he has been largely benefiting from a BABIP that is low and unsustainable, yet the thing is this: assuming he has been very lucky, and he is not a great true number one ace and all he ends up being is a 180-200 inning number four starter with an ERA around four, that still gets us 1.5 to 2.0 WAR a year. On this deal, if he just is that guy, he pays for himself. So while a lot will label it a bust if he is a typical number four type pitcher and not an ace, in reality this deal is so reasonably priced (in baseball terms) that he can be just a fourth starter and still be worthwhile.

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