Nice for Crane that it keeps the money down to arbitration like rates when the Astros are close to the cap, but gives him flexibility in luxury tax with a lower AAV if he decides to spend bigger in what would have been FA years for Javier.
It's pretty much the cheap version of the Yordan deal. You go ahead and pay them, and in a few years this will look like a freaking steal if he continues to improve. If you just go by arbitration, players get ticked off. This is a way to keep your players happy, especially when you see someone with the talent that Javier has. I'm not saying just throw extensions to everyone, but if you can get a deal like this, with a player like Javier, you do it.
was hoping Framber would be next. I’m guessing they want to see how effective he is with the new shift rules.
Whats the point of having the contract mimic what arbitration would of looked like? Why not evenly distribute the pay over 5 yrs?
We made him a fair offer. That was what was missing from prior admin. Even Luhnow, who I loved, was incredibly stingy with his offers but at least he did it so early in the process that who could tell for sure. This deal is more than I’d have guessed he would get- which speaks to a new day in town.
Time value of money. Owner gets the benefit of holding onto it and investing it in the real world. for Tax purposes it’s a flat ~13M per year.
Click got Alvarez, Pressly, LMJ, and technically Yuli on an extension. This is exactly the type of thing the prior administration did.
Wouldn’t surprise me if this was a $3M deal followed by a $61M/4yr deal. That would keep the tax hit on this season very low and would only make the out years $15.25M AAV which would be fine. Gives them more flexibility at this years deadline to add salary if needed.
Sure, but thats a general reason for backloading a contract which can be done in lots of ways. I meant why specifically the first 3 yrs look similar to the arbitration years.
Might be part of how the GM sold it to Crane - it won't cost you anything extra these next several years.
Cash flow vs AAV. The cash flow gives a steady increase in pay and helps the player gain experience managing his money manager.. Countless stories of money managers mishandling money. And the time value of money does help reduce the cost. But both sides can benefit from the structure.
I was hoping the extension started in 2024 through 2028, but that's not what is being reported. I have always thought he should be starting, but now he is. And he doesn't have to be an ace for this to be a good deal. But he does need to be relatively healthy and solid.
