Just days after agreeing to raise payroll, the Marlins have signed pitcher Josh Johnson to a four-year, $39 million extension, according to ESPN. Johnson is coming off of a breakout 2009 campaign in which he racked up a 15-5 record with a 3.23 ERA and 191 strikeouts in 209 innings. All that came before his 26th birthday, which is at the end of this month.
According to Cot's Baseball Contracts, Johnson's got just over three years of service time, which means this deal will buy out his arbitration years plus his first year of free agency. it's very similar to the deal that Zack Greinke signed with the Royals prior to the 2009 season, as ESPN's Jerry Crasnick notes.
The one variable for the Marlins here is Johnson's health, as he missed parts of 2007 and 2008 with an elbow injury that necessitated Tommy John surgery. His excellent 2009 numbers indicate he's recovered completely from that procedure, but health is always a concern for young pitchers.
That aside, locking Johnson up for four years at less than $10 million appears to be a great deal for the Marlins.
Johnson's two full seasons with the Marlins (2006 and 2009) have both been very good and his FIP (an ERA analogue calculated from strikeouts, walks, and home runs, the three outcomes pitchers have the most control over) in 2009 was 3.06, fourth best in the National League.
The Marlins now have him locked up for what should be his prime seasons.
Sometimes, spending a little cash is a good idea.




