This article is free for anyone to read, but please consider becoming a Patreon subscriber to allow me to keep writing posts like this one. Sign up to receive articles like this one in your inbox here.
The Braves are somewhat notorious for inking severely team-friendly extensions with their pre-arbitration players, to the point I’ve used their past work in this arena as an example of how young players end up pushed into signing deals they feel like they have to sign. Ronald Acuña Jr. was clearly an elite player in the making even as a rookie, and the Braves signed him after that initial season to an eight-year, $100 million contract — the largest-ever extension for a player with less than one year of service time. That sounds like a big deal, but again, Acuña was expected to be the kind of player who would someday command over $300 million on the open market, so, as significant as this deal was, most of the risk really was still on Acuña’s side, not Atlanta’s.
Unlike the Acuña one, where you can at least go, “hey, $100 million is still an absurd amount of money,” the Ozzie Albies extension is maybe the worst one a player has ever signed. As I wrote at the time, the issue was that it made sense: for Albies to accept, for the Braves to offer. It’s a horrid deal, and while Albies isn’t a star like his teammate, he still served to deprive himself of the kind of arbitration payments a player of his caliber could pull in, and was forced to do so because of how changes to international free agency shifted leverage and payouts away from the players, how little minor-league players are paid, and how teams have tried to erode confidence in free agency, and, in turn, the arbitration process its values feed into.
Continue reading “Michael Harris II’s deal is a team-friendly extension I don’t hate”