Friday, February 08, 2013

Ridiculous Contract

I'm a fan of Seattle pitcher Felix Hernandez, but he's about to sign a ridiculous contract. From Buster Olney's blog today...

"The deal Felix Hernandez will soon finalize with the Mariners is a lot like the contracts agreed to by Troy Tulowitzki and Ryan Howard -- it amounts to lots of money tacked on to the back end of another deal. There will be a lot of different ways that accountants and agents and teams will tabulate the numbers, but ultimately Hernandez is getting an additional $135.5 million in new money, with five more years in the deal. The annual average value of the new portion is $27.1 million, the highest average ever for a pitcher. In fact, no pitcher has been guaranteed $26 million a year. And, as USA Today first reported, he'll get a total of $175 million over the next seven seasons."

I know he's an elite pitcher, but you've got to be kidding me.