Texas Spending Frenzy Hits Crescendo in Monster Corey Seager Deal
Few people probably anticipated the kind of spending frenzy we’ve seen this offseason leading up to a likely lockout. Nobody assumed the Rangers would be leading the way. They’ve now committed over $500 million in salary in the last 48 hours, with the biggest chunk of that coming on Monday afternoon in the form of a 10-year, $325 million deal for shortstop Corey Seager, who finished second in our top 50 free agent rankings. The deal includes a $5 million bonus and no opt-outs.
(A quick note before we move on: When you get into these numbers, state taxes make a difference. Playing in Texas and the AL West, Seager will play nearly two-thirds of his games in tax-free states. The Dodgers, who play nearly two-thirds of their games in the state with the highest tax rate in the country, could have offered $350 million and still not matched the Rangers in overall money.)
In Seager, the Rangers get a face-of-the-franchise–level talent — when he’s healthy, which has been depressingly rare of late. He missed more than a third of the 2021 season due to an errant pitch breaking a bone in his hand, lost nearly three weeks of the ’19 season to a hamstring strain, and was absent for the majority of of the ’18 season due to Tommy John and hip surgeries.
That said, the healthy version of Seager (and to be far, the broken hand was an accident) has shown that he’s capable of seasons worthy of MVP votes and is the best offensive shortstop on the market, and yes, that includes Carlos Correa, No. 1 in our top 50. Seager’s power is a seemingly underrated aspect of his game that every bit matches Correa’s in terms of exit velocities, and the former’s pure hit tool exceeds the latter’s, who is ultimately the better overall player thanks to his incredible defensive prowess. Read the rest of this entry »