According to Jerry Crasnick, the Atlanta Braves and Gavin Floyd have come to an agreement on a one-year deal $4 million dollar deal with incentives for up to $4.5 million more:
Gavin Floyd has passed physical and agreed to deal with #braves. He’ll make $4M base and can earn $4.5M more in incentives.
— Jerry Crasnick (@jcrasnick) December 16, 2013
I talked about how I liked this deal over the weekend, and after getting some actual numbers, I still like it–just a little bit less. $4 million dollars is a pretty solid investment, and for a pitcher who is coming off of Tommy John surgery and might not be back until the Trade Deadline, it’s got some risk.
However, Andrew Sisson says this amount of money is still less than what some projected for Floyd:
For a one year deal, it is about as low as you will get him for. I am guessing the incentives are based on number of starts. According to FanGraphs crowdsourcing project, the crowd projected him to get 2/$13.7M, although that likely doesn’t take into account the extended time he will miss (May/June) due to Tommy John. The Braves project to have around $10M left to spend if needed.
If most of the incentives are tied up in innings pitched, I’m sure this is a solid deal for the Braves. A bit pricier than I would have expected, but if Floyd is able to come back healthy from his Tommy John surgery and give us a lift down the stretch (which we needed last year), it will probably be worth the money.
What are your thoughts?