According to Jerry Crasnick, the terms of the Phillies’ deal with Cliff Lee is as follows: five guaranteed years at $120 million (including a $12.5 million buy out) with a sixth year option worth $27.5 million. Based on these terms, below is a revised present value analysis. Present Value Analysis if Sixth Year Option Is […]
Archive for December 14th, 2010
Revised Present Value Comparison of Cliff Lee Offers
Posted in Baseball, MLB, Yankees on December 14, 2010 | 2 Comments »
Mystery Discount: Lee Deal Doesn’t Really Leave Much on the Table
Posted in Baseball, MLB, Yankees, tagged Cliff Lee, Philadelphia Phillies on December 14, 2010 | 3 Comments »
(In addition to appearing at The Captain’s Blog, this post is also being syndicated at TheYankeeU.) Cliff Lee probably wanted to return to Philadelphia all along, but he did not leave a lot of money on the table to do so. Contrary to the prevailing wisdom, the five-year, $120 million deal that Lee signed is not worth […]
On the Whole, Cliff Lee Would Rather Be in Philadelphia; Lefty’s Surprise Decision Leaves Yankees Holding the Bag
Posted in Baseball, MLB, Yankees, tagged Cliff Lee, Philadelphia Phillies on December 14, 2010 | 2 Comments »
For the second time in six months, Cliff Lee has slipped through the Yankees’ grasp. According to numerous reports, the off season’s mostly highly coveted free agent isn’t headed to Arlington or the Bronx, but instead is returning to Philadelphia. The Yankees reportedly offered Lee a seven-year deal that was worth up to $154 million, […]