Jan 14, 2011, 8:00 AM EST
The Rafael Soriano deal represents some pretty sweet work by Scott Boras. Not just the in the sell-ice-to-Eskimos sense — the Yankees already have a pretty decent bullpen ace — but also in its structure.
As was reported all over the place, the contract calls for Soriano to make $10 million this season, $11 million in 2012 and $14 million in 2013. But the final two years are player options, which means that Soriano can opt-out after this season. Or after 2012. This is savvy because there’s a non-trivial chance that the new Collective Bargaining Agreement will do away with free agent compensation picks heading into 2012, and Soriano’s status as a Type-A was probably the biggest thing hindering his marketability this year. No one wants to give up a first round pick if they don’t have to.
So, if Soriano has a great year, he can make big money again next winter. And of course, then the deal is way better for the Yankees than first thought because it could only be a one year deal. If he doesn’t? Well, they’re still the Yankees and they can handle it.
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- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 37
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 21
- Giants acquire Casey McGehee from the Marlins 15
- 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. 144
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 26
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (144)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- 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)