Upton8217s Six-Year Contract

  • Two weeks ago we heard vague rumors concerning the Diamondbacks and Justin Upton working on an extension. As it turns out, those rumors had some legs. Yesterday we learned that the two sides have decided to a six-year, $51.25 million Chandler Jones Jersey contract that buys out all Uptons arbitration years, plus two years of free agency. This can be a year longer and $10 million cheaper than the projection I offered, though which was according to an extension following a 2010 season. Just like many deals of this nature, it represents victory for both sides.

    By signing Upton now, the Diamondbacks make sure that their most promising young player stays using the team for that forseeable future. Additionally they might have saved money. Even if Upton repeats his 2009 numbers this year, hed be due a large raise in the first go through the arbitration proce s. The Diamondbacks could approach him a good extension then, but at that time Upton might have more leverage. Perhaps at that time Upton wouldnt agree to anything under 5 years and $58 million.

    In exchange with this presumed discount, Upton gains the security of a guaranteed contract. Even when he sustains a major injury next year the Diamondbacks will still pay him that $51.25 million. If he stays healthy he will likely make under he'd by going through the arbitration proce s and then hitting free agency after the 2013 season. But Uptons age helps mitigate the underpayment. Anything runs through his age-27 season, meaning he could be lined up for any big payday. Depending on the economic conditions at the time, that could be a considerable deal, perhaps similar to Mark Teixeiras $180 million Chris Hogan Jersey contract.

    Even at a discount this deal pays Upton a proper sum. A suming $1.25 million for the 2010 season, and further a suming that Upton can make 40, 60, and 80 percent of his free agency value through his arbitration years, the deal will look like this:

    2010: $1.25 MM2011: $5.26 MM2012: $7.9 MM2013: $10.5 MM2014: $13.17 MM2015: $13.17 MM

    For comparison, Ryan Braun will earn $4, $6, and $8.5 million for his arbitration years, followed by $10 and $12 million for his first couple of free agent years. Hanley Ramirezs deal paid him $5.5 for his first arbitration year and LeGarrette Blount Jersey will pay him $7 million for that second this year. In the third hell make $11 million, accompanied by $15, $15.5, and $16 million in free agent equivalent salaries.

    The most comparable could be David Wright, who earned $1 million in the final reserve clause season, accompanied by arbitration salaries of $5, $7.5, and $10 million. The Mets then have his first two free agency years at $14 and $15 million, having a $16 million club choice for another. Upton and Wright signed their extensions with the same amount of service time, therefore it is sensible that they received comparable deals. Wright Jabaal Sheard Jersey , however, put up better numbers during his first couple of seasons, and also plays a more valuable defensive position.

    After posting a .388 wOBA and producing 4.6 WAR like a 21-year-old, Upton figures to improve within the next few years. The Diamondbacks desired to make certain they had him under contract, as to steer clear of the threat of arbitration. Upton, like the majority of players, wanted the security of a long-term contract. Both sides can get what they need, while Upton can continue to find his big payday in free agency at 28. Its hard to nothing like this deal from each side.