But it’s just not a smart business decision regardless of how good of a job he does or does not do. $2.5-to-5 million to someone for doing a job Kyle Kendrick would do for $500,000.

Regarding Moyer, let’s just say that when you’re banking on a 46-year-old to not post an ERA in the 5′s, you may have undershot your needs.

Info on the Moyer contract per Scott Lauber:

Here are some details on Moyer’s contract: He’s guaranteed no less than $13 million. He’ll make a base salary of $6.5 million 2009 and 2010. His 2010 salary can escalate to as much as $11 million based on innings pitched in ’09 ($250,000 for 150 innings, $500,000 each for 160, 170, 180 and 190 innings) and starts in ’09 ($250,000 for 23 starts, $500,000 each for 25, 27, 29 and 31 starts). Also, he can earn $250,000 performance bonuses each year for 150, 160, 170, 180 and 190 innings pitched.

The worst combination would be that Moyer struggles and struggles, yet he is never pulled from the rotation because he’s a cagey veteran.

With all these signing they are making, I would never have guessed they won the WS last year.

Regarding Park… I didn’t hear it, but from what I’ve heard relayed from an interview Amaro gave on the radio, Park sounds like another Chad Durbin ca. 2007 situation: bring him in to nominally fight for the 5th starter’s spot, and then stick him in the front end of the bullpen when he fails there. And he could have some use there; his velocity is up (92.6 mph average fastball this year, as opposed to 88.4 mph the year before), and the ball is down (50.9% grounders last year). And I’ll assume that he doesn’t reach more than $3.5 million if he doesn’t make the rotation.

As for Moyer… if I go for a glass half full mentality, then I see that Josh Kalk has Jamie switching from a fastball in 2007 to a sinker in 2008 — a pitch which, naturally, had about 2.8″ more downward movement. The resulting 43.9% of grounders (the highest percentage among Fangraphs’ numbers, stretching back to 2002) were certainly instrumental in his improvement from 2007 to 2008. So while he’s not the 3.71 ERA version from last year, I’ll bank on him being better than the 5.01 ERA version from two years ago. Marcel has him pegged at a 4.58 ERA over 178.0 IP; I’ll take it, though I think that may even be a bit conservative on the innings.

All that being said… I think it’s officially soon enough to pass some early judgment on this offseason — seeing as our big moves are all done — and we’re in wholehearted agreement here. It doesn’t look good.