Deferred money means it is most certainly not $5 million they are paying this year. If it's 3-1-1, 2-2-1, or even more spread out than that, there is really no reason for Perry to do it unless they are going to spend more money. Why do we suddenly think Arte gave Perry $10 and told him to buy dinner for the family? More and more we can see this was a shrewd move. I hated it at $15 million. I thought it was stupid at $6-7 million. At $5, I thought it was a decent move. At $5 deferred? It's really smart. A pitcher like Cobb is as good as any of the $3-5 million FAs out there. This was a depth move while he tries to get more. As for Jones...
Yes, he was once a Top-100 prospect. So was Barreto. Yes he's a top 10 prospect. But his arrow isn't pointing up. We did well to find a team that liked him and get something out of it. But he's blocked. He has little value to Angels long-term.
Does he play in the OF? Marsh, Adell, Trout, and Adams are all ahead of him.
2nd? Fletcher, Rengifo, Barreto are blocking him now with several young SS prospects likely moving to 2B long term.
He's also not a true utility guy--he can't play SS, 3B, or 1st.
Also, Perry just came from another front office. He knows the value of every other teams Top 10 prospects. Bringing in guys from 4-5 different teams only confirms this. If none of them valued Jones, they know his trade value is low. It's a really small loss for the right to SP $3 million this year that solidifies the back of the rotation.
FINALLY...are we all forgetting that the Angels' problem the last 3 years has been the bottom of their rotation and the bullpen? If you take out Teheran and Suarez last year, the Angels rotation was above average. If you take out Cahill/Harvey 2 years ago, their rotation was at least average. Solidifying form the bottom up isn't sexy obviously, but it is how you begin to build consistency and give yourself the chance to win more games.