Lucas Giolito signs 2 year, 38.5M contract with Red Sox (opt-out after 1 year, potential 3rd year option)

Jungleland

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Player opt out here feels ridiculous to me, but I like the upside of Giolito overall.
 

Petagine in a Bottle

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So if he’s good, he’s gone in a year, and if not, we are stuck with him for two. Take what you can get, I guess, they avoid a long term commitment and add a youngish, durable pitcher, with some upside, but who is also probably a back end of the rotation starter? Seems like the strategy of the past few years has carried over to this year.
 

jon abbey

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Passan followup:

"Giolito’s deal with Boston gives him an $18M salary in 2024 and a $1M buyout if he opts out. If not, the salary for 2025 is $19M. There is a conditional option for 2026 — $14M club option if he throws under 140 innings in 2025, $19M mutual option for 140+, with a $1.5M buyout."
 

BigSoxFan

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So if he’s good, he’s gone in a year, and if not, we are stuck with him for two. Take what you can get, I guess, they avoid a long term commitment and add a youngish, durable pitcher, with some upside, but who is also probably a back end of the rotation starter? Seems like the strategy of the past few years has carried over to this year.
At least you’ll have a motivated pitcher. For someone with his body type, might not be the worst thing but, yeah, doesn’t solve the long term need. Hopefully another signing follows that does.
 

pjheff

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So if he’s good, he’s gone in a year, and if not, we are stuck with him for two. Take what you can get, I guess, they avoid a long term commitment and add a youngish, durable pitcher, with some upside, but who is also probably a back end of the rotation starter? Seems like the strategy of the past few years has carried over to this year.
75793
 

sodenj5

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Essentially a one year rental if everything goes right.

Not mad at it. Definitely prefer this to overextending just to make a splash.
 

simplicio

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The 140 inning option is a nice insurance policy. Contract seems reasonable, now it's time for Bailey to earn his paycheck.
 

Seels

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I just don't get this FO at all. They consistently seem like there is no plan whatsoever.

Paying a guy who has had a 5 fip for the last few years real money when Sonny Gray was available for 3/75 just makes no godamn sense whatesoever. There's no real upside to this move. Even if he's good he just opts out. If he's bad, well you just paid $19m for a guy to be Corey Kluber all over again. But hey, we'll get to read that the Sox were 7th in payroll or whatever and that John Henry totally isn't an idiot.
 

DeadlySplitter

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I feel like the right pitching coach can matter a lot here - still in his prime age-wise, was a fantastic #2 in 2019-21, lost it after that. Andrew Bailey, Craig hired you for this reason...

Really hate the player opt-out, but I guess the salary is about right for this FA profile.
 

sodenj5

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I just don't get this FO at all. They consistently seem like there is no plan whatsoever.

Paying a guy who has had a 5 fip for the last few years real money when Sonny Gray was available for 3/75 just makes no godamn sense whatesoever. There's no real upside to this move. Even if he's good he just opts out. If he's bad, well you just paid $19m for a guy to be Corey Kluber all over again. But hey, we'll get to read that the Sox were 7th in payroll or whatever and that John Henry totally isn't an idiot.
The plan is they wanted Yamamoto, didn’t get him, and aren’t going to sell the farm or over commit to B tier pitchers just to satiate fans.
 

Seels

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The plan is they wanted Yamamoto, didn’t get him, and aren’t going to sell the farm or over commit to B tier pitchers just to satiate fans.
Fine, but how does lighting money on fire for this guy help them in the short or long term, absent them being considerably better this year and him somehow having the 5 era that he's had the last two years?

Sell me on this not being a more expensive Corey Kluber.
 

Average Game James

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The 140 inning option is a nice insurance policy. Contract seems reasonable, now it's time for Bailey to earn his paycheck.
It really only comes into play if he sucks in 2024 to the point he doesn't opt out after 2024 and then is hurt in 2025. If the team is exercising the $14 million option for 2026, then they've overpaid relative to production in the first two years.
 

Alex18

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I just don't get this FO at all. They consistently seem like there is no plan whatsoever.

Paying a guy who has had a 5 fip for the last few years real money when Sonny Gray was available for 3/75 just makes no godamn sense whatesoever. There's no real upside to this move. Even if he's good he just opts out. If he's bad, well you just paid $19m for a guy to be Corey Kluber all over again. But hey, we'll get to read that the Sox were 7th in payroll or whatever and that John Henry totally isn't an idiot.
Gray also had the QO attached to him
 

HangingW/ScottCooper

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Fine, but how does lighting money on fire for this guy help them in the short or long term, absent them being considerably better this year and him somehow having the 5 era that he's had the last two years?

Sell me on this not being a more expensive Corey Kluber.
Because it looks like they're spending money. Bloom was good at this too. Finding "value" in lieu of superstars.
 

buckner's_ankles

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Best case scenario: Breslow knows how to get him back to performing like a #2, and we get something for him at the deadline.
 

RedOctober3829

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I really don’t like this. They say they don’t want to trade for rentals, but will essentially pay $20 million for 1 year of a guy who if pitches well will be out. Or if he sucks, they’re on the hook for up to 2 years more for him. Just go and pay premium prices for top talent.
 

Devizier

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I’m okay with it, the flyball profile is not great for Fenway, but the strikeouts are good and he should be able to provide innings. Reminds me a little of the Paxton contract. Higher floor (and cost) though.
 

BigSoxFan

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Best case scenario: Breslow knows how to get him back to performing like a #2, and we get something for him at the deadline.
If he’s performing like a #2, we’ll probably be in the playoff race ourselves.

I’m pretty indifferent about this signing. There needs to be more, someone in the Imanaga, Montgomery, Snell group.
 

Max Power

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Fine, but how does lighting money on fire for this guy help them in the short or long term, absent them being considerably better this year and him somehow having the 5 era that he's had the last two years?

Sell me on this not being a more expensive Corey Kluber.
They need people to pitch 1400+ innings and he can handle over 10% of them. His strikeout rate is still pretty good, too. He still might put up a 4.50 ERA, but he won't get hurt doing it.
 

brienc

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I really do not understand the opt out logically, or emotionally. If Giolito is good, he is gone, and the Red Sox are stuck with him if he is a disaster. Hopefully Giolito wins the Cy Young and signs with the Dodgers for $40m I guess.
 

Sausage in Section 17

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So it could be a 3 year deal (potentially 3/56 based on this?) Kind of confusing..
It feels like neither side felt comfortable with a longer deal. The Sox, due to risk exposure, Giolito, because if he makes good he'll be able to do better.
I'm not wild about him but he will be helpful and the contract is fine.
It's like the new mantra around here...:rolleyes:
 

simplicio

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I really don’t like this. They say they don’t want to trade for rentals, but will essentially pay $20 million for 1 year of a guy who if pitches well will be out. Or if he sucks, they’re on the hook for up to 2 years more for him. Just go and pay premium prices for top talent.
Prospects are harder to come by than money.

As for top talent, Snell and Montgomery are both Boras clients and as such may not actually sign with anyone till February or March. I don't want to wait to take action till then, do you?

If they fix Giolito and he's great, he's gone in a year (but maybe he'd prefer to stick with the team that fixed him), and so what? Oh no we only got a great deal on a good starter for a single year so the deal is bad? The pre-complaining doesn't make any sense to me. And if he puts up exactly the same numbers as the last two years for the next two, that's an overpay for a number 5 innings eater, but there's still value in that role.
 

DennyDoyle'sBoil

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Echoing @DeadlySplitter above: 1/18 + QO draft pick or prospects at deadline or first crack at extension if he is good.
Better than nothing I guess. Adding $20 million in 2025 doesn’t bother me much. Adding $20 million in 2025, but only if the player is worth less than $20 million does bother me.
 

simplicio

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Better than nothing I guess. Adding $20 million in 2025 doesn’t bother me much. Adding $20 million in 2025, but only if the player is worth less than $20 million does bother me.
I'm not sure why it should. Martin, Jansen and (potentially) Sale come off the books after this year. There's plenty of room to maneuver.
 

bosox188

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I like the deal in a vacuum because I think he has bounceback potential and even in the worst case scenario, they're really not committing that many dollars/years to him in the grand scheme. Especially with the current prices in the pitching market. This deal certainly shouldn't take them out of the running to acquire additional pitching via FA (even a Montgomery or Snell) or trade.

Now if this is their only notable SP signing and they don't go for even Imanaga or Stroman, or trade options, I sure as shit will have my complaints. But we haven't crossed that bridge.
 

Mike473

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I really do not understand the opt out logically, or emotionally. If Giolito is good, he is gone, and the Red Sox are stuck with him if he is a disaster. Hopefully Giolito wins the Cy Young and signs with the Dodgers for $40m I guess.
This fits perfectly with the 2-3 year bridge project going on right now. If he is good at all, he will move on and the Red Sox will sign someone just like him next year for the following year. If he is bad, they will hope to at least get some innings out of him in year #2, then move on. Unless he is just terrible, this is a 1 year deal. This will probably be there big move on starting pitching this winter.
 

canderson

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Hey this might help us finish 25 games out of first, not 26 - that’s not nothing.

It continues to feel like Boston is simply plugging holes with gum to field a team, not to get back to somewhat contendership, to me.
 

Salem's Lot

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Would everyone that is complaining about them actually doing something rather have some waiver wire fodder or some kid from AAA who isn’t ready pitching the 150 innings that this guy is likely to give them?