In this article about how Scott Boras will negotiate Bryce Harper‘s contract, there is this bit on how to define a big contract:
So what, then, is the biggest free agent deal in recent history? Boras doesn’t measure by total value, but by average annual value. By that measure, Zack Greinke‘s six-year deal with the Diamondbacks made him the highest paid player in baseball history, with an average annual value of $34 million So if Greinke is the precedent, Harper should get at least $340 million over 10 years.
In the early days of free agency, that was usually the number reported when someone set a record breaking deal, the average annual value of a contract. I’m not sure when that changed, maybe when Alex Rodriguez signed his big deal with Texas.
On the other hand, if Boras really wants to drive up the annual value of contracts, he would be better off with a short-term deal. Why not take $50 million a year for three years? Harper would still be in his prime when that contract expires, and if he returns to his 2015 performance, could command even more money. The money people in baseball are starting to shy away from these long-term deals. A big short term deal protects both sides. I bet the Angels wish they had gone five years, $150 million with Albert Pujols.
from baseballmusings.com https://ift.tt/2FcAUvL
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