Lateral Quicks wrote:It's bad. Real bad. But, not as bad as I first thought. It's a $25M AAV, and over a gigantic 13 year time frame you really have to consider the present value of those cash flows - $25M is going to be significantly less in real purchasing power in 2032 than it is today. Also this only takes him to his age 38 season, unlike some of the other mega deals that guarantee money at age 40 or even beyond.
I would totally not have done that contract, though. He's too inconsistent a performer - and at a non-premium position to boot - to be handing out that kind of money.
Spot on!