Tuesday, January 24, 2006

Good Work If You Can Get It

The Cubs signed starter Wade Miller yesterday to a one-year contract with a base salary of $1 million and $400,000 worth of incentives.

Wade Miller is on the shelf rehabbing an injury until at least May and potentially as late as the All-Star Break. So he's going to get paid somewhere between $180,000 and $500,000 to do physical therapy.

What's truly amazing about this scenario is that in the bizarre world of professional sports business, it's a good deal for the Cubs. Spending $1 million on a guy who's been very good before but whose odds of giving you even 4 good months are circumspect - that's considered, generally, to be a smart move.

Like I say - it's good work if you can get it.

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