Zach Greinke has a 6 year, $147 million deal with the Dodgers pending a physical. This deal shouldn’t be much of a surprise to anyone, especially anyone who read my post about Greinke last month. The Dodgers needed pitching and had money. They existed in the center of the Venn Diagram of “need pitching” and “have money” in which Zach Greinke would no doubt sign.
You can read my previous post to give you an idea of what I think about Greinke, but the contract is new, so let’s talk about that.
$24.5 million a season for six seasons, totaling $147 million. Not a bad gig if you can get it. I like this for the Dodgers, however, even if a lot of people will write that it is an overpay. Greinke is 29. This contract will take him into his decline years, but not that far into it. He’s easily capable of putting up a couple 4-5 win seasons during the span and those seasons will pay for themselves. There might be some lost value on the back end where he’s worth a few million less than the contract if inflation doesn’t catch up and make it a wash.
The point I’m trying to make is that if this is an overpay, it’s a small one. Over six years, it’s hard not to imagine Greinke putting up at least 3 WAR a season. That’s $90 million with no inflation and nothing better than 3 wins a season. With all the money flying around the Dodgers front office right now, whatever part of that $50 million excess cost doesn’t get picked up by inflation and better than 3 win performances, I’m sure they will be able to cover it. They have a lot of dollars, so giving a lot to Zach Greinke should be okay.
It should also help to move to a nice pitcher’s park like Dodger Stadium. And putting him next to Clayton Kershaw should be pretty awesome. Two Cy Young contenders on one club.
Money isn’t an object for the Dodgers and they needed pitching. Zach Greinke likes money and is good at pitching. This is a pretty good match. Grade: A-