When the Yankees first reached an agreement with Randy Winn a few weeks back, reports indicated that he would receive the last $2M left in the budget. Not long after that, the Dodgers landed Reed Johnson for just a six-figure payout, and I said the Yanks overpaid to get their man, even though he was the right player.
Well guess what? It turns out Winn's deal isn't quite as rich as originally reported. Take it away, Joel Sherman...
The Yankees today also officially signed Winn to his one year contract for a $1.1 million base with $900,000 available in incentives: $100,000 each for 50, 75 and 100 plate appearances, and $150,000 apiece for 125, 150, 175 and 200.
Yes, the incentives add up to $900,000 which would make the total value of the deal the original $2M. However that money is far from guaranteed, and if Winn pockets it, it means either a) something bad has happened in the outfield, or b) he played well enough to earn the playing time. Remember this is a very easy deal to back out of. If Winn's not producing, they'll just dump him.
Bottom line: Randy Winn at $2M was an overpay, but Randy Winn at 55% of that with some incentives is just fine. No reason to cancel your season tickets.