14-14, 4.54 ERA, 204 IP, 1.412 WHIP in 2008 – Age 37, 2009 salary of about $11 million
10-7, 4.22 ERA, 194 IP, 1.402 WHIP in 2008 – Age 27, 2009 salary of $12 million
13-9, 3.09 ERA, 198 IP, 1.150 WHIP in 2008 – Age 30, 2009 salary of $13 million
Those pitchers? Andy Pettitte, Oliver Perez and Ben Sheets. Assuming Pettitte does about what he did last year, he’d make near $11 million this year; Perez is reported to be on the verge of signing a three-year, $36 million deal with the Mets; Sheets is still unsigned, but turned down arbitration which would have given him a raise from his $11 million salary last year. I put $13 million out as a semi-reasonable estimation at what he’ll get when he finally signs a deal with someone (the Rangers have been said to be among the more interested teams).
Obviously Pettitte has history with the Yankees, but looking at those prices – and even knowing you’d have to give Perez three years and, probably, Sheets at least two, would you still pick Pettitte’s one-year deal as the one you’d want?