Widely reported to be a 6 year deal worth 24 million. Seems like a good deal for both sides as it guarantees that with careful money management, Kingery and family should be set for life. And it actually involves little risk to the Phillies as well, since 24 million for 6 seasons is probably much less than Kingery would make in the normal process with arbitration.
But, under reported is the fact that it's actually a NINE year deal, with the Phillies having 3 club options during his 1st 3 free agent seasons. Starting at 13 million per season, and escalating a million per year for three years. Total if he plays the whole deal, 9 years for 66 million. Seems to me that while he's got financial security, he really left a LOT on the table...thoughts?
But, under reported is the fact that it's actually a NINE year deal, with the Phillies having 3 club options during his 1st 3 free agent seasons. Starting at 13 million per season, and escalating a million per year for three years. Total if he plays the whole deal, 9 years for 66 million. Seems to me that while he's got financial security, he really left a LOT on the table...thoughts?
Comment