Contracts getting shorter and shorter
Jayson Stark of ESPN.com pointed out a development that’s not a popular one among the players and their agents. Contracts for free agents are getting shorter.
Assuming no player remaining a free agent will receive a contract of three years or longer – and that seems reasonable less than three weeks from spring training – only eight players received a deal of that length. That’s the fewest long-term deals since 1994-95, a year that doesn’t really count because there was a strike going on. The most? Just three years ago, when 26 free agents signed deals of three years or longer before the 2007 season.
The “big eight” this winter, with their 2010 ages in parentheses: Matt Holliday (31), Jason Bay (30), Chone Figgins (32), John Lackey (31), Placido Polanco (34), Marlon Byrd (32), Randy Wolf (33) and Brandon Lyon (30). Note the profile: Young veteran, in his prime, without a major injury history.
Why? The economy is one big reason. One bad long-term contract (think oft-injured DH Travis Hafner of the Indians, who has two years and $24.5 million remaining on a horrible deal) and a team is starting from a money pit. Manny Ramirez, now 37, couldn’t even get a three-year deal last winter. Older than 35, a player is looking at two years, max.
Bobby Abreu (36) received good money from the Angels ($19 million), but just two years. So did Mike Cameron (37) from the Red Sox and Mark DeRosa (35) from the Giants.
Collusion? That’s what some agents might say. But there’s no doubt that the prime earning years of players is skewing younger and younger.
Contracts getting shorter and shorter originally appeared on About.com Baseball on Saturday, January 30th, 2010 at 13:10:27.
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