Buyer Beware: Hamilton Deal Shows the Risk of Free Agency

The high-risk game that is baseball’s free agency period didn’t work for Josh Hamilton and the Angels. Does it work for anyone?
Buyer Beware: Hamilton Deal Shows the Risk of Free Agency
The Los Angeles Angels gave Josh Hamilton a $125 million contract to help anchor their lineup. It didn't work out so well and now he's back in Texas, while the Angels are still paying him not to play for them. AP Photo/Patrick Semansky
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With five-time All-Star Josh Hamilton being traded/given away by the Angels, who are still reportedly going to pay roughly $68 million of the remaining $80 million owed to Hamilton back to the Rangers, it ends one of the worst free-agent deals ever.

It didn’t look that way when Hamilton signed it, though.

Just two and a half years ago, the Angels agreed to a five-year, $125 million contract to ink the then 31-year-old former MVP to provide some protection for Albert Pujols and Mike Trout in what looked like a manager’s dream of a lineup.

The dream quickly turned into a nightmare, as is the case among some of these high-risk deals.

Although usually we think of A-Rod’s albatross $275 million agreement, which pays him through to age 42 (2017 season), when discussing the worst free-agent contracts ever given out, Hamilton’s deal, and his play since signing it, has largely flown under the radar. Until now. (While we’re at it, who actually thought Hamilton would be given away before A-Rod?)

Dave Martin
Dave Martin
Author
Dave Martin is a New-York based writer as well as editor. He is the sports editor for the Epoch Times and is a consultant to private writers.
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