The Brewers and Matt Garza have officially agreed to a 4-year, $50M deal. According to Adam McCalvy, the deal includes $4M in incentives and a $13M vesting option for a fifth year.
Hearing Garza’s 4-yr deal with #Brewers guarantees $50mm, with $4mm more available in incentives and a vesting option for 5th year at $13mm
— Adam McCalvy (@AdamMcCalvy) January 26, 2014
The total value of the contract could reach 5-years, $67M if everything goes right for Matt Garza and the Brewers. The deal was announced by Brewers’ owner Mark Attanasio at the annual “On Deck” event, which took place Sunday at the Wisconsin Center in downtown Milwaukee. The $50M guaranteed makes Garza’s deal the richest free agent signing in Brewers history. Surpassing the 4-year, $42M deal given to Jeff Suppan in 2007.
News that both sides had agreed to a deal first leaked on Thursday. Hours later, the Brewers publicly denied that anything was official. Saying only that negotiations were ongoing. Over the next few days, Brewers’ fans stewed over the delay and the rumors swirled. Was there a problem with Garza’s medicals? Did Garza’s camp want the money doled out in equal parts while the Brewers preferred to backload his contract? Was the leaked initial agreement only a ploy to drum up interest in Garza from other teams with deeper pockets?
With both camps battening down the hatches and refusing to comment, all Brewers’ fan could do was cross their fingers and endlessly refresh their Twitter feed. Finally, relief came this afternoon when the team made the Garza signing official. Tom Haudricourt asserted that Garza’s medicals were not to blame for the delay.
I was assured again that no red flags came up on #Brewers physical on Matt Garza. Just working out final contract language.
— Tom (@Haudricourt) January 26, 2014
According to Haudricourt, the language surrounding Garza’s vesting option might have been the hold up. Part of that language probably includes what Jon Heyman described as a “reasonable” workload to vest the option for a fifth year.
While the Garza waiting game might not have been good for our nerves, it did allow the staff at Disciples of Uecker plenty of time to evaluate the impact Garza will have on the Crew. On Thursday we ran an initial article assessing Matt Garza’s addition to the club. But check back tomorrow, and every day this week, for a further examination of Garza and his deal. How his addition changes the landscape for the Brewers rotation, the NL Central race, and much more.