Moore’s Extention Provides Some Fiscal Stability for Rays
Finally the Tampa Bay Rays have done something positive in the team-oriented arena besides sending Double-J John Jaso to the Emerald City this off-season. The fact the Rays again signed, sealed and delivered another one of their meteoric rising stars by securing the services of southpaw pitcher Matt Moore until possibly 2019.
The deal might seem a bit minuscule compared to the recent quarter of a billion shelled out for new heavenly Angel 1B Albert Pujols, but it gives Moore a bit of financial stability, but also a huge jolt of confidence the team is behind him 100 percent. Sometimes a small financial boost and stable foundation can do more for a pitcher’s confidence than a new pitching grip.
Then again the Rays have become more comfortable over the last few years to giving their rising stars a chance to firm up not only their bank accounts, but give the team a stability in salary escalation that can be monitored with clarity. Some would say the deal Moore made with the Rays will have both sides smiles for a long, long time.
Kind of funny to me that Moore had to think about this deal for a second: “I had to basically make up my mind, was it worth it. I feel like the risk is being shared on both ends and I’m happy where we are.”
Moore is just the latest in an increasing line of Rays budding stars like James Shields, Ben Zobrist, Evan Longoria and Wade Davis to see the team approach them and construct a package that suits both sides of the equation with fairness and stability. According to ESPN, Moore’s contract will be the highest guaranteed dollars and potential earning for a pitcher who has less than 2 years MLB service time.
Moore vaulted past Oakland SP Brett Anderson and Rays rotation mates Shields and Davis who all signed their own exclusive contract extensions after their first full MLB season. That is itself bodes well of the strong opinion and scouting confidence the Rays have in their budding star that he will surpass his 2011 excitement, possibly pushing out someone in the Rays current starting rotation.
The deal also puts the idea of the Rays habitually watching Moore’s MLB service time clock tick away before they can either bring him up to avoid quickening his salary arbitration clock. The deal is definitely a “win-win” on both sides of the coin.
Moore gets a solid $1 million in salary until after 2015, then Moore will begin an ascending odd-numbered salary climb of $3 million (2015). $5 million (2016) and a possible $7 million salary in 2017 when the Rays will begin a 3-year club option phase where the club can decide on his last 3 contract years at a combined $ 26.5 million with a huge buyout of $2.5 million in 2017.
Consider for a moment the magnitude of this contract offer of $39.75 million over 8 MLB seasons. That is just under $2.5 million off the team’s 2011 payroll of $42,171,308. That is a clear and concise affirmation of the Rays commitment to their young left-hander. Oh, let’s not forget, Moore even pocketed a clean $500,000 signing bonus prior to the Press Conference.
Moore might be the first in an expanding list of players within the Rays fold who might have a chance over the next few years to invest their skills long-term with the team and have a nice financial windfall to back their further Rays commitment.
I wonder if Rays Executive VP of Baseball Operations has Jeremy Hellickson and his agent as his next new speed-dial number, I know I would.