The Los Angeles Angels have reportedly agreed to terms of a one year contract worth $11 million with free agent pitcher Matt Harvey. Harvey’s deal also could rise to $14 million with the possible incentives. Mark Feinsand and Jon Heyman broke the news of Harvey’s signing.
Source: Matt Harvey has agreed to a deal with the Angels.
— Mark Feinsand (@Feinsand) December 19, 2018
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
Matt Harvey was traded from the New York Mets to the Cincinnati Reds during the 2018 season after being told he would be sent down to Triple-A with the Mets. Harvey’s 2018 statistics looked rough, a 7-9 record with a 4.94 ERA and a 1.3 WHIP is troubling to be worth $11 million.
One of the things that really shocks me about this deal is that back-end starters like Harvey and Lance Lynn, who recently signed, are getting paid a lot of money for the rough numbers their putting up. It seems that teams are definitely valuing pitching must higher than hitting. Regardless, I think $10+ million a year for a back-end starter is a lot of cash to tie up into someone that’s going to struggle to produce good statistics.