The Philadelphia Phillies have signed Jake Arrieta to a 3 year $75 million contract. Arrieta is coming off his worst season with the Cubs as he finished the year with 14 wins, 10 losses, and a 3.57 ERA. Arrieta had won a Cy Young award and made an all star team in his 4 years with the Cubs, something no one expected from him when he was brought in. Arrieta surpassed expectations by a mile and helped lead the Cubs back to glory for the first time in 108 years. The Cubs made the right move in letting Arrieta walk away and using that money to reinvest into a new pitcher. Arrieta seems to be on the decline and $25 million per year is a lot for a pitcher that isn't in his prime. Phillies are getting a once Cy Young caliber pitcher at a Cy Young caliber pitcher price. The thing is Arrieta is no longer the pitcher he once was for that two year stretch where he was almost untouchable. Arrieta will bring Philadelphia some solid outings and will be their most consistent starter, but I hope they aren't expecting to get 2015 Jake Arrieta.
The Phillies can spend this type of money since they really have no where else to put it right now. They're rebuilding, which means they don't have many big contracts on the payroll. They added Carlos Santana and Jake Arrieta to held show their young guys how to be winners. By the time these young guys are looking to get paid since their rookie deals will be up, Arrieta and Santana will be off the payroll, so it's not going to effect the long term much, if at all. This is a solid signing for the Phillies, nothing that's going to get them over the hump, though. This team still has a long way to go before they're competing for a playoff spot.