Jan 6, 2010, 8:30 AM EST
In the excitement of the announcement of the Matt Holliday deal, the Randy Johnson retirement announcement and what was probably one of the least inspiring BCS bowl matchups in recent years, I neglected to break down the details of the Holliday contract, but they’re as follows:
- Holliday will receive $17 million for each season from 2010-2016;
- If he finishes in the top-10 in MVP
balloting in 2016, a $17 million option vests for 2017. There is a $1 million buyout if the option does not vest;
- Calling it an “option” however, may be a misnomer. There is no club discretion here: if he finishes 10th or better in the MVP voting, he gets it. I guess it could be a player option, but those of you who think that a 37 year-old Matt Holliday will be in a position to decline a check for $17 million probably need to get some professional help;
has full no-trade protection.
All in all, it’s a guaranteed value of $120 million, with a potential
value of $136 million.
Personally, I would love to hear how this negotiation went. If, say, the Cardinals had offered him six years and $90 million, what would Holliday have done? What other team would have come in with that money? Did they even try? We never really know how these sorts of things go, but unless we learn that some other team was really and truly bidding on Holliday — and to date we’ve had no credible reports of a competitor for his services — I’m forced to believe that the Cardinals bid against themselves.
No matter the case, nice deal Boras. You got your guy the contract not many people thought he’d ever get.
- The Padres have talked to the Phillies about Cole Hamels 21
- Why is John Smoltz a shoo-in for the Hall of Fame? 48
- Phillies GM told Ryan Howard they’d be better off “not with him but without him” 85
- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 48
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 35
- Giants acquire Casey McGehee from the Marlins 16
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. (145)
- The United States will seek to normalize relations with Cuba (144)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)
- St. Petersburg City Council votes down deal to allow Rays to look for new stadium site (90)