The deal was first reported by Bay Area Sports Guy and the total value comes out to $167 million over the nine years. This includes the $8 million he was slated to make this season for a grand total of $159 million in new money guaranteed. In addition the deal includes a full no trade clause and a team option for a 10th season at $22 million.
This deal is pretty close to about the best I could have expected when I heard a mega deal was in the works.
I had got it in my head that it would be hard to see him sign for less than $200 million even with his arbitration years helping to push the price down for the Giants.
Looking at what actually happened and I really couldn't be any happier. One of my favorite players is going to be with the team for a long time and it didn't come at an outrageous cost that will hurt who the Giants can put around him.
Rough estimate of the Giants break even in this deal in terms of wins above replacement is probably in the 30 to 35 win range which really isn't all that high of a barrier to meet. This assumes a 7 percent rate of salary inflation, which in honesty might be a little low considering all the money flowing into the league right now.
Here is the breakdown on a yearly WAR basis:
Tough to ask for a better deal for the player or the club.
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