Today, the L.A. Angels signed both Albert Pujols and C.J. Wilson to multi-year, multi-million dollar deals. There wasn’t much faith put into the Angels signing Pujols, a little more into C.J. Wilson, but NOBODY expected them to sign both! Here are the breakdowns on their deals:
- 10 Years – $254MM with a FULL No-Trade Clause
- 5 Years – $77.5MM
Both players are 31 years old, and for both players, this could be the final contract of their careers (Pujols is almost 100%). This shows that the Angels are serious about displacing the back-to-back American League Champion, Texas Rangers, and a very serious contender for the World Series Championship…for years to come!
As far as what this does to the trading card market, you can expect to see a slight, but brief, bump on Pujols cards, and a renewed interest in C.J. Wilson cards. Going to a Los Angeles based team will not hurt either one of their values in the immediate future. The only thing that would hurt their values is if one of them, both of them or the team do not immediately live up to their expectations.
Further delving into the market place reaction, Chris Olds (Twitter @chrisolds2009) reported on Beckett.com that Panini America stopped it’s production to deliver the first Los Angeles Albert Pujols cards. I would look for Topps to also make the team adjustment for Pujols and Wilson before the 2012 Series 1 Baseball product is released.
Anytime a marquee name switches teams, it makes an impact on the hobby. We haven’t seen this type of free agent signing hoopla since Ken Griffey, Jr. left the Seattle Mariners for his hometown Cincinnati Reds. Let’s hope that this move for Pujols is more fruitful than that!
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