Sarge Sr. was pretty prodcuctive his 32,33,34 yrs, after which back injuries nipped his career. At age 33 he came in 5th in MVP voting. Maybe the Angels are banking on like father, like son.
This is kind of a crazy contract when you look at Matthews, but the Angels have so much young, cost-controlled talent, they may have figured they'd overspend early to protect themselves up the middle, then see how the market panned out as the rest of the offseason unfolded.
If Matthews doesn't regress and they did absolutely nothing else they would still look pretty to very good to make the playoffs next year. I'd take him over Pierre for sure. Meanwhile Anaheim's made a statement to Boston that they won't overpay for Manny in a trade, protecting themselves there. Given that they had the purse, this deal isn't that insane when you look at the whole picture. In which, yes, one stipulates that baseball is broken.
I don't think it impacts the Drew negotiations too greatly. Even if no other team wanted him Boras would say three did, and it would be hard to disprove. He'll get his money.