The San Francisco Giants and Angel Pagan have agreed on what I believe to be a below-market money/above-market years contract in a four-year, forty-million dollar deal with the assumption that he will be their everyday center fielder. The payouts for Pagan will go like this:
- 2013: $7 million
- 2014: $9MM
- 2015: $9MM
- 2016: $10MM
- $5MM signing bonus
If Angel Pagan can hang around that above-.320 wOBA, .300 BABIP, 20+ SB, being above a 2.0 fWAR player, this contract should look pretty good for the Giants even with TV money boosting payrolls (for the most part) all around the league.
As some, and notable beat writer Andrew Baggarly have also mentioned, Pagan’s contract may also suggest prospect Gary Brown may not be the super-leadoff-hitter in CF that we thought he could end up being. Additionally, with a Hunter Pence long-term deal not on the horizon, this gives Gary Brown time to develop in 2013 and maybe there’s a possibility he finds some magic to get his stock back up in time for either the latter part of ’13, or the 2014 season. Don’t rely on that last part, though.
Payroll Update: When I divide up the signing bonus across four years, and not including any arbitration figures, I have the Giants at $95,033,033 dedicated to 2013 right now. The Giants are said to be setting course now for Marco Scutaro.