Analyzing the Johnson and Murphy deals

The San Diego Padres signed perhaps my favorite one-year-deal candidate of the offseason, Josh Johnson, to what I'd call a fair contract, $8 million for 2014, but not a bargain given the risk involved.

There's reportedly some protection for the club if he should make six or fewer starts this year, which would introduce a $4 million club option for 2015. But that would also mean the Padres had spent $8 million for no return, much as the A's did a few years ago with a one-year, $10 million deal for Ben Sheets, a comparable upside play given his own injury history.