Astros sign Odorizzi 2/$23.5 million

[beatlesrule]

https://www.mlbtraderumors.com/2021/03/astros-to-sign-jake-odorizzi.html

Figured this deserved it's own thread. We don't have to specualte anymore.

Odorizzi is guaranteed $23.5MM, reports Mark Feinsand of MLB.com (Twitter links). That takes the form of a $6MM signing bonus, a $6MM salary in 2021, a $5MM salary in 2022, and a $6.5MM player option for 2023. The option comes with a $3.25MM buyout. Performance escalators can max the option out at $12.5MM while also bringing the potential buyout figure up to $6.25MM. Combining to make 30 appearances from 2021-22 will bring Odorizzi to just shy of $24MM over those two seasons in salary, per Feinsand, who adds that incentives could push the deal up to $30MM.

While it sucks that he went to the Astros, I am a fan of incentive contracts. Wish more teams would do them.

[Stradling]

So shouldn’t this thread be titled, Astros will pay $23.5 million for Odorizzi if he underperforms?  

[JustATroutFan]

Odorizzi is going to pitch like 2018-2019 Cole with the Astros. I feel bad for the rest of the league. 

[BTH]

1 minute ago, JustATroutFan said:

Odorizzi is going to pitch like 2018-2019 Cole with the Astros. I feel bad for the rest of the league. 

how exactly is he going to do that?

He's not gonna suddenly sit in the high 90's after sitting in the low 90's for years. Cole had elite stuff and was under bad pitching tutelage in Pittsburgh. Odorizzi doesn't have elite stuff and is coming from very good pitching tutelage in Minnesota.

[Stradling]

Odorizzi

Heaney

Quintana

[Taylor]

Didn't this happen like three days ago?

[Tank]

I wonder if the uncertainty about Callaway’s situation made him shy away from Anaheim.

[Docwaukee]

3 minutes ago, Tank said:

I wonder if the uncertainty about Callaway’s situation made him shy away from Anaheim.

my guess it that wouldn't have bothered him much considering he's playing with a bunch of guys who cheated for years.  He got the money he wanted.  plain and simple.  

[Erstad Grit]

I would have loved him on this deal. They also did the new trend of a faux player option to lower the annual average. 

[beatlesrule]

59 minutes ago, Taylor said:

Didn't this happen like three days ago?

It became official today. There was no thread about it, just the will the Angels sign Odorizzi thread. There are probably people that only come here for baseball news and since he has been a topic here for months, now people officially know that he did not sign with the Angels.

[jsnpritchett]

More detail on how the 2021 incentives work:

 

[floplag]

11 hours ago, Stradling said:

So shouldn’t this thread be titled, Astros will pay $23.5 million for Odorizzi if he underperforms?  

i would think youd like this one over bashing it, the risk is minimal if he sucks and if hes performs i dont think anyone minds paying so.

[Stradling]

1 hour ago, floplag said:

i would think youd like this one over bashing it, the risk is minimal if he sucks and if hes performs i dont think anyone minds paying so.

The risk is $12 million a year. 

[Inside Pitch]

2 minutes ago, Stradling said:

The risk is $12 million a year. 

Basher!

[floplag]

55 minutes ago, Stradling said:

The risk is $12 million a year. 

And thats excessive in his case?
If you were told you you could have him for 12M at the beginning of the hot stove would you not have jumped at that?

[beatlesrule]

7 hours ago, floplag said:

And thats excessive in his case?
If you were told you you could have him for 12M at the beginning of the hot stove would you not have jumped at that?

The Angels didn't sign him so that's why it's a terrible deal.

[Docwaukee]

I'm not a huge fan of Odorizzi, but I'd have been fairly pleased with that deal.   Certainly for that price, I'd much rather have him than Cobb.  

[Stradling]

8 hours ago, floplag said:

And thats excessive in his case?
If you were told you you could have him for 12M at the beginning of the hot stove would you not have jumped at that?

Not excessive but also a risk.  Advanced stats have him no better than Heaney and worse than Quintana. He’s 14 months older than Quintana. I wouldn’t have cared if we signed him, I wanted him, but I’m not upset about not signing him.  

[Docwaukee]

2 hours ago, Stradling said:

Not excessive but also a risk.  Advanced stats have him no better than Heaney and worse than Quintana. He’s 14 months older than Quintana. I wouldn’t have cared if we signed him, I wanted him, but I’m not upset about not signing him.  

younger

[ThisismineScios]

In 62 starts in 2018-2019, the guy pitched past the 6th inning 4 times. He’s definitely not who you think he is. 

[Stradling]

39 minutes ago, Dochalo said:

younger

Yes. My bad. 

[Lou]

It'll be a bad deal when he gets injured and is lost for the year.

[tdawg87]

2 hours ago, Stradling said:

Yes. My bad. 

Dumbass.

[ten ocho recon scout]

9 hours ago, Dochalo said:

I'm not a huge fan of Odorizzi, but I'd have been fairly pleased with that deal.   Certainly for that price, I'd much rather have him than Cobb.  

You say that now. But wait until you see Cobbs clubhouse presence. 

Its the new squat.

[GoodTimesGoneBad]

I would’ve liked the deal for the halos and there’s no denying he would have made the rotation better. My thoughts are maybe he didn’t want to play here, NY, or TOR and waited for an offer to play for a team in a more tax friendly state.