Near the middle of last month – August 13, to be exact – I wrote a post examining how the Indians will potentially handle Ubaldo Jimenez’s upcoming option. I realized over this past weekend that I was wrong, or at least partially wrong.
According to the mercurial right-hander’s Baseball Reference page, 2014 is a team controlled option. That’s incorrect; it’s actually an $8 million mutual option. Meaning: both parties – Jimenez and the Indians – have to exercise the option.
Of course, this changes things quite a bit.
The front office, undoubtedly, will pick up their half of the option. But Jimenez, who’s numbers have drastically improved over his disastrous 2012, will decline his right and look to sign a mutli-year deal.
As far as the length and cost, Jimenez will more likely than not get a three-year, $32 million; or at least something in that range.
Despite his age, 29, no team is going to offer anything more than three years due to his struggles from 2011 to 2012. But as he’s proven this year, he’s still a solid mid-rotation guy, capable of chewing innings and flashing the occasional dominant performance.
Assuming his 2012 was the career anomaly, he’s about a 2.5-win player. Again, assuming he can replicate that moving forward for the next three years that would mean he’s going to be worth about $40 million in production.
Now, are the Indians going to offer anything close to that?
That’s a whole other story.