Carlos Silva has officially been released, multiple outlets are reporting. With his departure, we can now holistically assess the total amount of value the Cubs received from the contract offered to Milton Bradley prior to the 2009 season.
Assessing The Cubs' Losses Post-Bradley and Silva
Yes, it's sort of ridiculous how Milton Bradley somehow managed to make Z look calm and balanced in comparison. But that didn't preclude the mercurial (or maybe batshit crazy?) hitter from putting up positive value in his one season with the Cubs. Over his 124 games played for the team, Bradley contributed 1.1 wins above replacement in value, according to Fangraphs. The site says that was worth $5 million.
Carlos Silva sucked this spring, but in the first half of last season he was actually pretty great. He won 10 games prior to going down with a heart issue. Fangraphs says his pitching was worth 2.1 WAR, or $8.6 million.
5 + 8.6 = 13.6. The Cubs paid MB $5 million in 2009, plus a $1.3 million signing bonus. And they will have paid Silva $16 million by the end of this year -- $11.5M minus $3.5M (paid by Seattle) in 2010, plus $11.5M minus $5.5M (again paid by SEA) in 2011, plus $2 million buyout in 2012.
Put it all together: that's $22.3 million for $13.6 million in value.
In a word: Whoops!