At a press conference in Houston, the Toronto Blue Jays have announced that Adam Lind has been signed to a multi-year contract that will pay the young DH $18 million over four years. The deal also includes multiple club options, in what I’m assuming is a similar arrangement to Aaron Hill’s contract.
Okay, here are some of the details: The contract ensures that Lind is signed with the team until 2013, but then three team options kick in that could keep him in a Blue Jays uniform until 2016. Early reviews are all praising the deal for the Jays.
Lind was eligible to become a free agent in 2013, meaning that this deal covers all of his arbitration years, and gives Toronto the choice of keeping Lind for his first three years of free agency.
Before we start comparing this to the Alex Rios extension and getting all miserable, there’s one thing that I think is worth mentioning: In addition to Lind, Vernon Wells, Aaron Hill, Ricky Romero and Shaun Marcum were all present for the announcement. I’m not sure if that’s standard protocol, but I’m pretty sure it wasn’t something that happened previously.
I’m not normally one to read too much into bullshit like that, but let’s read too much into bullshit like this.
Remember that scene in Pulp Fiction where Bruce Willis’ character goes back to slaughter the dude raping Marcellus Wallace, and the subtext is that you become closer to someone once you go through hell with them?
I’m wondering if this season won’t be a little bit like that for the core of guys that will remain Blue Jays following this year. It’s going to be a long season, and as much as we bitch and moan about the proper development for young players, it’s encouraging to see signs that team chemistry is also developing.
I’m not going to get all Buzz Bissinger or anything, but at the very least, that type of team support can’t hurt.
More details are emerging: According to Jordan Bastian, Lind earns $400 k this season, plus a $600 k bonus. His salary for 2011 – 2013 will be $5 million annually. The deal then calls for a $2 million buyout if the Jays don’t pick up his option for 2014, guaranteeing Lind $18 million in total.
MLBTR brings up an excellent comparison in Nick Markakis. Markakis will earn $20.455 million over the same span of his career, but the Orioles do not have three additional team options after the deal expires. In addition, Keith Law has tweeted his approval as only Law would.
John Lott of the National Post just informed us of the monetary value of the three options: 2014 club option is worth $7 million with a $2 million buyout; 2015 club option is worth $7.5 million with a $1 million buyout; 2016 club option is worth $8 million with a $500 k buyout.