That's a steal, IMO. I think he's still got some left in the tank. A "steal" would be a deal under $3 mil. IMO. This is a pretty average to an actually bad move to me given the monetary commitment to a guy who has been marred with injuries the last few years. Also when you consider the Braves don't generally spend a ton of money this is a good chunk of money to commit to a closer with all of Wagner's question marks at this point in his career. If by "marred with injuries the last few years" you mean he had TJS like a year and a half ago and came back a dominated for a month or so in both and AL and NL in a short time just like he did before he had TJS when he was perfectly healthy, then yeah. Billy Wagner is a good reliever, and if he's still as good as he was at the end of this year, which is as good as he was before he got injured, $7 mil is kind of a good deal especially since, as reggiemillerrules stated, they will likely get picks back if someone signs Soriano and/or Gonzalez. It's a good move, and a heck of a bargain for someone of Wagner's talent. The going rate for closers of his caliber is far higher than what the Braves signed him for. In the closer market they got a bargain if he produces like he's shown he's still capable of doing. Is he worth $7 mil? No, no reliever is worth $7 mil a year (IMO), but reality of it all is common sense and logic just doesn't happen in baseball, and what the Braves are paying is a pretty good deal when compared to other high paid closers are making