Friday, November 26, 2010

Worst Contract Ever?

The Yankees, in 2006, paid 26-million dollars to the Hanshin Tigers of the Japanese League for the rights to sign left-handed pitcher Kei Igawa. This on the heels of the Red Sox signing Daisuke Matsuzaka. If the Bostons singed a Japanese pitcher then damn it the Yankees were going to sign one.
So the Yankees inked Igawa to a 5-year, 20-million dollar contract. That's 46-million dollars total to get the then 26-year old pitcher, who was 86-60 with a 3.14 ERA in Japan.
In the Major Leagues, a different story for Igawa. He's only appeared in 16 games total for the Yankees, in the 2007 adn 2008 seasons. His career record a dismal 2-4 with a devilish 6.66 ERA. He's spent much of his time in Scranton.
Let's break it down. That's 23-million dollars per win. Nice.
Igawa makes Carl Pavano's 38-million for 9 wins over four years look like a bargain.
Why I was thinking of Kei Igawa today, I don't know.

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