Angels give Shields $14.6 million, 3-year extension- yahoo!sports.com

While Scot Shields may be an elite reliever, I believe that the Angels' overpaid to keep him in uniform through the 2010 season.

Even though he is the set up man on one of the best relief staffs in baseball, he does not deserve to make $14.6 million over three seasons. Only time will tell if general manager Bill Stoneman made the right decision.

March 29, 2007

LOS ANGELES (AP) -- Los Angeles Angels reliever Scot Shields agreed Thursday to a $14.6 million, three-year contract extension through 2010.

Shields, the Angels' setup man, had agreed last month to a $3.4 million, one-year contract. The new deal adds salaries of $4.25 million in 2008, $5 million in 2009 and $5.35 million in 2010.

The 31-year-old right-hander was 7-7 last season with two saves and a 2.87 ERA in 74 games, the fourth-most appearances in the AL. It was the second-highest games total in franchise history behind his 78 in 2005.

Shields pitched 87 2-3 innings last year, and his 284 2-3 innings over the past three seasons are the most among major league relievers.

"Scot has been crucial to the success of our bullpen," Angels general manager Bill Stoneman said in a statement. "He is one of the most reliable and resilient relievers in the game and we are thrilled to keep him in an Angel uniform for a while."

Shields goes into the season with 31 career relief wins, three shy of tying the Angels record held by Dave LaRoche.

Overall, Shields is 35-29 with 14 saves in 293 games, including 14 starts.

He becomes the third Angels player under contract through at least 2010. Reliever Justin Speier also is signed through 2010, and center fielder Gary Matthews Jr.'s five-year deal runs through 2011.

The club also announced Thursday that Troy Percival, the Angels' career saves leader, will sign a minor league contract before Monday's season opener against Texas and immediately retire -- as a member of the Angels. Percival then will throw out the honorary first pitch.

Currently a special assignment pitching instructor for the Angels, Percival was with them from 1995-2004, then with Detroit from 2005-2006.

Updated on Thursday, Mar 29, 2007 6:32 pm EDT