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Contract Extensions Newsbeat

Tuesday, June 17, 2014

Contextualizing The Jon Singleton Extension – MLB Trade Rumors

Here’s a great look at the Singleton extension.

If anything, perhaps, the Singleton extension really marks the latest instance of a general trend away from formulaic contractual models. His deal opens new doors, especially, for players who did not have the opportunity to capture downside protection at their point of entry into the professional ranks, at which time they immediately become subject to the limitations of the reserve clause (as expressed in the collectively bargained Basic Agreement). There are potentially other, yet more creative options as well, such as private insurance (assuming it could be had by a prospect at a reasonable rate) or even public investment. But all players and teams will not pursue such a path; indeed, several of Singleton’s teammates (and others) have declined the opportunity, while some (if not most) clubs will remain largely uninterested in making such early commitments.

History teaches us that, even at his relatively exalted place in the eyes of the game as a top-100 prospect, Singleton was not assured of cashing in on his talent until he decided to forego the chance of becoming the next Fielder. That he chose to do so should have relatively minimal impact on those other players who have the means and desire to bear the inherent risk of transitioning from top prospect to established major league player.

Jim Furtado Posted: June 17, 2014 at 06:44 AM | 7 comment(s)
  Beats: astros, contract extensions, contracts, economics, jon singleton

Monday, April 14, 2014

Jedd Gyorko signs 5-year extension

What a gyood deal!

he San Diego Padres have signed power-hitting second baseman Jedd Gyorko to a five-year extension with a team option for a sixth season, the team announced Monday.

The deal is worth $35 million and includes a $13 million club option that could increase if an escalator clause in the contract vests, a source told ESPN.com’s Jayson Stark. It replaces a one-year deal agreed to last month and includes a team option for 2020. San Diego essentially buys out one year of free agency and possibly two….

Gyorko’s guaranteed $35 million deal is the third-largest for a player with only one year of service time, trailing only Atlanta’s Andrelton Simmons (seven years, $58 million) and Milwaukee’s Ryan Braun (eight years, $45 million)....

Gyorko, 25, had a team-leading 23 home runs in 125 games last season, his first year in the majors.

RoyalsRetro (AG#1F) Posted: April 14, 2014 at 09:56 PM | 18 comment(s)
  Beats: contract extensions, jedd gyorko, padres

Thursday, April 03, 2014

Mike Trout: 6 years, $144.5 million

Trout is clearly an elite hitter already, at age 22. There is certainly no reason, on the surface, to question whether he’ll be worth his recent six-year, $144.5M extension that will carry him through his age 28 season. Still, let’s look into the game’s past and try to identify his peer group. Does he even have one? How did they age, when did they peak, and what might the future hold for Mike Trout, and for the Angels’ investment in him?

[...]

The start to Trout’s career is almost unparalleled in modern baseball history. He ranks fourth on the all-time list of players with the most cumulative standard deviations above league average OBP and SLG in their first two years as a regular, behind Babe Ruth, Joe Jackson and Frank Thomas – who were all three years older and more physically mature than Trout when they completed their second seasons as regulars. Yup, he was younger at the end of his second year as a regular than they all were at the beginning of their first.

An Athletic in Powderhorn™ Posted: April 03, 2014 at 02:29 PM | 96 comment(s)
  Beats: angels, contract extensions, history, mike trout

 

 

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