Skip to main content

The Vernon Wells Contract is Remarkably Bad

I think we all have heard that Vernon Wells has a bloated contract and that he is incredibly un-tradeable. This morning I decided to take a look at just how bad the remainder of Vernon Wells contract is, and well its really really really bad.

Vernon Wells signed a 7 year 126 million dollar extension in December 2006. That sounds bad doesn't it? Eighteen Million a year for Vernon Wells, ugh. But it's actually way worse than just Eighteen Million. See the Blue Jays backloaded basically the entire deal except for a signing bonus. In 2008 Wells made just .5$ million plus 1/3 of his 25.5$ million dollar signing bonus. In 2009 he made 1.5$ million plus 1/3 of the signing bonus. Therefore if you do a quick calculation through 2/7 of his contract he has been paid just 18.5 of the 126 million dollar deal. In 10 each of the next five years he will make more than 20 million dollars. UGH.

Just a reminder, Vernon Wells hit .260 last year and only hit 15 home runs. Wow that's a bad contract.

H/t Cot's Contracts
Labels:

Comments

Post a Comment

Popular posts from this blog

Lou Holtz is the Homer / Annoyingly Delusional

As my buddy Joe and I always joke, if Notre Dame was suiting up against an all Jesus team, aka a team made up of 55 Sons of God, Lou Holtz would probably still pick Notre Dame to win by a touchdown. So of course this weekend when I'm watching Sportscenter and they have him and fellow old man Corso making predictions, Lou picks ND to beat Michigan. Not that big of a deal, Michigan is a big question mark this year, but of course than Lou says that Notre Dame will win 11 games this year. This is the same Notre Dame that lost to a service academy last year. And just when you thought the douchy homerism was going to end ESPN asks which BCS school is going to be the biggest surprise team in the country. Any guesses to whom it was? I'll give you a clue it was another team he coached. If you guessed South Carolina you would be a winner. Next up on Lou's prediction watch, the Jets win the Superbowl, NC St. wins the ACC, Arkansas dominates the SEC West, Minnesota wins the Big...
1 comment
Continue Reading the Rest of This Fine Post

M E T S = Mercifully End The Season

Do it before David Wright gets Hurt!
185 comments
Continue Reading the Rest of This Fine Post

Ranking the New York Jets Historical Helmets

There's no way you can't go with the Helmet they won the Super Bowl in. You just can't. Next, I really don't understand why they don't where the helmet with the Jet as their throwback uniforms. That helmet is awesome. Then I'm going with the Helmets from the 80s because it's the classic feel and the white face mask is 10 times better than the black one. And the rankings continue until you get to... The Titans Helmet. I hate everything about those Titan uniforms. The Helmets are boring and the colors are GOD awful. Navy blue and Mustard? What the hell is that. Disgusting. If they wore those unis when I was a kid I'd probably be a Giant fan, and be much happier with my life in football.
Post a Comment
Continue Reading the Rest of This Fine Post