Starting pitcher Matt Harvey officially has a new home. Tuesday afternoon, Mark Feinsand of MLB.com broke the news that he was signing with the Los Angeles Angels.
Source: Matt Harvey has agreed to a deal with the Angels.
— Mark Feinsand (@Feinsand) December 19, 2018
Then Yahoo’s Jeff Passan gave us the numbers. And to be honest, they’re a bit shocking.
Matt Harvey has a one-year deal with the Los Angeles Angels that could be worth up to $14 million with performance bonuses, league sources tell Yahoo Sports. Deal is pending a physical. @Feinsand was first with the news.
— Jeff Passan (@JeffPassan) December 19, 2018
$11 million of that total is guaranteed, according to Fancred’s Jon Heyman.
Matt Harvey’s Angels deal for the 11M guarantee has the 3M incentives based on games started between 15 and 26 gs. @Feinsand 1st with agreement
— Jon Heyman (@JonHeyman) December 19, 2018
This would’ve been somewhat of a steal just a few seasons ago. But Harvey hasn’t been all that good since 2016. He would finish last season with the Cincinnati Reds, putting together a 4.50 ERA, 4.29 FIP and 4.79 DRA across 155 innings of work. Instead of moving him for something at either trade deadline, the Reds kept hold of him even though he wasn’t going to return the following season.
As for the Angels, they’re coming off their second straight 80-82 season. They haven’t been to the playoffs since 2014. And that didn’t last long either. It took only three games for the Royals to dispatch of them in the ALDS that season.
With Mike Trout still consistently the best player in the league, the Angels are desperate to get back to the playoffs. In order to do that, they need to build around their best player. But is Harvey the right pitcher to spend that much money on? Or could those resources have been better spent elsewhere?
We’ll soon find out.