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We’ve been talking a lot about extensions lately, but, well, extensions keep happening. Ozzie Albies is the latest to sign one, and it’s a doozy: it’s basically the culmination of everything MLB has worked for in terms of suppressing potential outlets for earnings, funneling players into one specific direction that benefits teams more than anyone else.
Jeff Passan reported that agents, scouts, and even team executives think Albies’ seven-year extension worth $35 million guaranteed, that jumps to nine-years and $45 million should his options be picked up, could be “the worst contract ever for a player.” Michael Baumann wrote an article in response to that for The Ringer that does not discredit the notion that Albies and his agent put pen to an awful piece of paper. Craig Goldstein tweeted a thread on how Albies’ deal is a reminder that teams are acting like insurance companies, and if you know anything about myself or Craig, no, that is not a compliment.
Continue reading “Ozzie Albies’ awful extension makes sense, and that’s the problem”