A Better Team Opt-Out

The Marlins signed Wei-Yin Chen, and Dave Cameron notes Miami got a beneficial opt-out:

Hey, look, another opt-out, and in this case, a more interesting one than usual, because the Marlins have heavily backloaded the deal, as they always do. Chen will get just $20 million in the first two years of the contract, so his opt-out decision will be 3/$60M in guaranteed money after the 2017 season, which makes this one a a bit less likely to be used than some of the others signed this winter. Chen could certainly pitch well enough to get more than that in two years time, but given the attrition rate of pitchers, the more likely scenario is that he ends up choosing to stick with the full guaranteed years.

By backloading the deal, the Marlins make the opt-out less valuable for Chen, and in the scenarios where he pitches well, this could be a pretty nice deal for Miami; surrender a second round pick to sign a quality pitcher, get two good years for $20 million, then potentially get a draft pick as compensation (if that still exists in a few years) if he opts-out. In this scenario, the opt-out is less bad for the Marlins than it is for most teams who have handed them out this winter.

Chen allows quite a few fly balls. Playing Miami should reduce the number that leave the park against him. Combined with that and no designated hitters in the NL, I suspect we’ll see a pretty good ERA from Chen next year.

from baseballmusings.com http://ift.tt/1Q3J7zC