Wednesday, May 9, 2012

Josh Hamilton's Contract Situation


             The time is now (as has become accustomed with the Rangers) to discuss the Josh Hamilton contract situation.  He successfully managed to do everything possible to push the contact talks out of the off season, only to do everything possible with his play to bring it to the forefront of Ranger Fans’ minds.  So let’s delve into one of the most complex and complicated contract circumstances I’ve ever seen.

            When he is healthy*** Josh Hamilton is arguably the best player in baseball.  I’m not even going to use parenthesis or a footnote because everyone knows that Hamilton’s health has held him back since being traded to the Rangers.  Could it be attributed back to his history of drug abuse? We will get to that in a minute.  However when you look at his numbers compared to games played it’s pretty ridiculous.  Over his time as a Ranger (except 2009 where he was hurt the entire season off and on) if you average out his numbers over 140 games a season, he’s averaging 34 home runs, 120 runs batted in and a .315/.381/.582 triple slash.  This all goes with Gold-Glove level defense in the outfield and superb base running.  So if he even plays close to a full season, you have an MVP candidate every year.  The only person on the planet that really compares to his numbers are Matt Kemp, who will have to continue his torrid pace of last year and this year to even catch up to Hamilton (which he would also have to have Josh regress).  So stats-wise, Josh Hamilton is a blank-contract, do-whatever-it-takes-to-sign-him player.

            Then you have to factor in his history: injury and off-the-field.  Almost everyone knows the heroine to homerun-hitting story of Hamilton.  It’s hard to prove or disprove whether his history of heavy drug use has affected his body’s durability, but I have to lean more toward that it has had a hand in it.  As mentioned before, Hamilton missed over half of the 2009 season because of injuries, and when he was playing he was playing hurt.  Whether it is bruised ribs from jumping into the wall or a freak broken arm from diving home, Hamilton manages to stay hurt.  Can you ask him to change his game? No, it’s what makes him a valuable player: the fact that he has no concern other than being the best player on the field.  With baseball though, injuries are so prevalent that if you truly factor them in to every contract it’d be hard to sign anyone.  Just ask Boston about Carl Crawford.

What worries people more about Hamilton are his alcohol relapses.  Once in 2009 and then shortly before this season, the recovering alcoholic has fallen off the wagon.  The first time there were pictures of women sucking whipped cream off of his chest and the second time there was allegedly a video of him and a woman in the bathroom of a bar.  To me though, what a guy does off the field (if legal) should not be factored in to whether you want to contract his abilities to your team on the field.  Besides that, the off-the-field issues do not harm his play like some have though because of his bad 2009.  His relapse this year caused more publicity, but he has had the best start to a season of his career (or possibly anyone’s in history).  What did irk me the wrong way were the comments Hamilton had in spring training toward his latest relapse about him “not owing the Rangers anything.”  For the first time, Hamilton seemed a little diva-like and not humble and grateful.  The Rangers have paid him over $26 million over the past five years, albeit a bargain when taking in his numbers, they took the chances on the guy when not many would.  Nevertheless, the amount of production that Hamilton provides completely outweighs these off-the-field issues and I think he deserves whatever market value would suggest.

As mentioned earlier, the only comparable player statistically is Matt Kemp.  Kemp signed an extension of 7 years/$148 million before the season.  Kemp though, is also 3 years younger than Hamilton and played no less than 155 games in the past 4 seasons.  I’d say that on the whole Hamilton brings more to the table on the field, but the age and injury concerns put him slightly below the value of Kemp.  However, the free agent contracts signed last winter might drive the market value up even higher.  Albert Pujols’ 10 year/$260 million+ and Prince Fielder’s 9 year/$214 million contracts have given Hamilton’s agent quite a bargaining chip.  Pujols may have better overall numbers, but has shown a decline and is 2 years (allegedly more) older than Hamilton.  Fielder is a few years younger, but also does not bring the all-around hitting game as well as defensive/base-running skills.  So while the market should point to a contract in the league of Kemp’s, if Hamilton gets to free-agency the Yankees or Red Sox will probably throw a contract in the Fielder/ Pujols range.

The Rangers may have made a mistake by not getting the extension done before the season.  Hamilton is on pace to hit 76 home runs, 195 RBI with a .406/.458/.840 for the Triple Crown.  While his numbers are sure to regress, Hamilton’s attitude toward the organization already shows that they might not get the home-town discount (Cliff Lee can suck it) if he gets to free agency.  So if the Rangers are looking to get the extension done, now is the time.  If they wait until Hamilton comes back to Earth, he will still want the numbers being thrown around now and Jon Daniels will not want to cave then.  If Texas lets him finish the season and enter free agency, the price might be driven even higher and while the Rangers have more money now, they still don’t have as much as LA/NY/Boston. 

So for the sake of the Ranger fans (and the fact that outfield is the only weak spot in the farm system) get the deal done.  Even if it is for 8 years, $196 million or more, the Rangers have the room to do it.  Besides Hamilton, the only other key free agents will be Napoli and Colby Lewis and the current payroll for 2013 is about $80 million.  The year after that is when the TV contract money kicks in and Texas will be able to re-up Cruz/Young (at a cheaper price)/Harrison.  With the amount of young players under control, and money at their disposal, the Rangers have the ability to sign Hamilton to the max contract.  Let’s hope they do so.

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