Newspaper article The Christian Science Monitor

Pujols Goes to the Angels. Why Did the Cardinals Lose Him?

Newspaper article The Christian Science Monitor

Pujols Goes to the Angels. Why Did the Cardinals Lose Him?

Article excerpt

Albert Pujols has agreed to a 10-year, $254 million deal with the Los Angeles Angels. This ends Pujols' storied tenure with the St. Louis Cardinals, but did the Angels make a good deal?

Albert Pujols, arguably one of the greatest players ever to wear a Cardinals uniform, will not end his career in St. Louis.

The celebrated first baseman has agreed to a deal with the Los Angeles Angels worth $254 million. Once set in ink, Pujols' contract will be the second largest in MLB history, just behind Alex Rodriguez's $275 deal with the New York Yankees.

To most, the Angels landing Pujols comes as somewhat of a shock; as late as yesterday evening, Pujols' prospects looked to be narrowed down to either the Miami Marlins or the Cardinals. But the Marlins withdrew the Pulols offer to focus on pitching, landing big name pitchers like Mark Buehrle and Heath Bell. They've also agreed to a deal with shortstop Jose Reyes, $106 million over six years.

Anaheim has also secured a top pitcher on the market, left hander CJ Wilson, for $77.5 million over five years.

The Angels' moves are the talk of Major League Baseball today, but, according to some, the Pujols deal may not have been ideal for Los Angeles. "I'm not sure signing Albert is right for them at all," says sports economist Stephen Walters, who has worked as a financial consultant for Major League teams including the Baltimore Orioles and the Boston Red Sox. "The ultimate rate of return here is likely to be very low, even negative, as Albert ages."

The Cardinals, meanwhile, couldn't quite pony up the cash that Pujols was looking for. According to ESPN, St. Louis' final offer to their franchise player was smaller than initially thought: just under $200 million over nine years. That would've made Pujols, who was reportedly looking for a deal to rival A-Rod's record setters, only the fourth highest paid first baseman in the league. …

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