Marlins to Sign Giancarlo Stanton for 13 Years and $325 Million
In what is being described as a record-setting deal in professional sports, the Miami Marlins have reportedly reached agreement on a 13-year $325 million deal with their young star Giancarlo Stanton. The deal reportedly contains a full no-trade clause and provides that Stanton can opt out, most likely after either the 2019 or 2020 seasons.
The size and terms of the deal are certainly a shocker coming as it does from the Marlins. Otherwise, the terms don’t really shock me, except for the opt-out clause.
Just how bad the opt-out clause is for the Marlins depends largely on how front- or back-loaded the deal is. However, these deals are almost always a bad move for the teams that make them, but they appear to be becoming the norm for the most elite young players.
I can see why Stanton would insist on the opt-out clause when other top players have gotten them and given the Marlins’ refusal to spend money to build a good team around Stanton. Still, it amazes me that a team would give any player a 13-year $325 million deal and then let the player get even more upside if he turns out to be what you were hoping for through the end of his easily predictable peak seasons.
The whole point in giving a player a 13-year deal in the first place is that he is reasonably secure for life no matter what happens to him in the future. How does a player like Stanton turn down a deal like this, only without the opt-out clause, when he missed the last three weeks of the season after getting hit in the face with a pitch? If that’s not a wake-up call about the risks inherent in playing professional baseball, I don’t know what is.
The only way to really determine whether these opt-out deals make any sense is to tally up the number of World Series wins, appearances and post-season appearances the signing team makes and compare it to their historical averages. So far the Yankees have only one World Series win to show for all the money they threw at Alex Rodriguez and CC Sabathia, and that sure doesn’t seem like a lot for this franchise considering they traded for Rodriguez before the 2004 season.
Furthermore, the chances are good the Yankees will be paying about $45 million for the next three seasons of not much performance from Rodriguez and Sabathia, given Rodriguez’s forced year off at age 38 and the fact that Sabathia’s $25 million salary for 2017 may well vest since its his right knee rather than his left shoulder that caused him to miss most of 2014. It’s going to be hard for the Yankees to make it back to the series any time soon with as much salary as they have committed to players who are no longer very good.
P.S. The Angels deal signing Mike Trout for six years and $144.5 million suddenly looks like the deal of the century. The Halos sure need one like Trout’s after burning themselves with Albert Pujols and Josh Hamilton.