Friday newsletter time: Avoiding hearing biggest part of Rangers, Garcia deal
(AP photo/Lindsey Wasson)
The two-year contract Adolis Garcia signed Thursday to avoid arbitration will pay him at least $4.75 million this season and $9.25 million in 2025.
The Rangers are saving money on the front end and potentially in the second year, too, if Garcia were to replicate what he did in 2023. But if he does that, he’s going to make more than $4.75 million in 2024.
As confusing as that reads, it’s true as his deal is loaded with $7.25 million in contract incentives. If Garcia hits each one, he will make $20.25 million.
It’s a good deal for the Rangers, who are already in luxury-tax territory, and for Garcia, who is coming off a career year and might be able to top it.
Perhaps the key element of the deal is that the sides avoided the ugliness of an arbitration hearing for this offseason and the next.
The Rangers avoided the black eye of beating one of their key players in the regular season and the postseason, where he was named the MVP of the American League Championship Series. Fans weren’t too fond of the Rangers’ low-ball arbitration offer.
Garcia would have one more year of salary arbitration for 2026, when his deal could approach $15 million. With him eligible for free agency the next offseason, 2026 could see another two- or three-year extension.
Maybe that’s what the Rangers had planned all along.
Back in court
The Rangers, no doubt, know how much money Diamond Sports Group will pay them to broadcast games this season.
It won’t be the $100 million-plus they were owed under the original terms.
The deal is reportedly some 15 percent less, which would still be $85 million-$95 million. That will pay some bills, and the Rangers have bills to pay.
A federal bankruptcy court judge is expected to approve the renegotiated amount as soon as today.
Would it give the Rangers enough money to sign Jordan Montgomery? Sure. The problem is paying the left-hander beyond this season.
The Rangers don’t have a TV deal past 2024, though they will no doubt get one. A hundred million might be a tough get. MLB commissioner Rob Manfred has a vision of a 15-team streaming package for 2025, so that could be another revenue source for the Rangers.
They are free agents and need to start shopping themselves as soon as possible.
Rangers Today stuff
If you haven’t watched the latest Rangers Today Baseball Podcast episode with David Murphy, click the link above. He talks about his future in the broadcast booth, among other things. You can catch past episodes at our YouTube channel.
A new episode will be shot today. Vice president and assistant general manager Ross Fenstermaker will be the guest, so we’re going to be talking about the minor leagues and prospects
Rangers Today is headed to spring training Tuesday night and will be there bright and early Wednesday when the clubhouse opens. As has been the case since the kids got busy, there will be three Arizona trips — beginning, middle and end.
So, consider getting full access to the website for $5.99 a month or $60 a year. It’s a lot of bang for your bucks.
It’s an exciting time. Spring training is my favorite time. And for the first, the Rangers have world title to defend.
He just realized it’s Friday. Enjoy.
Beware of Dogs
The Dog 😂😂pic.twitter.com/j1dlW2GAHQ
— Puppies 🐶 (@PuppiesIover) February 7, 2024
Jeff Wilson, email@example.com