Prince Fielder and Cutting Out Early
Commitment is a scary proposition or so the gender stereotype goes. It strikes me as one of those modern aphorisms that ends up not holding water scientifically although I can envision an evolution behavior-based argument for it actually existing. Someday I might get around to investigating that, but for now, it elicits no more than a personal shrug, as I possess a mere velleity toward uncovering the truth in that matter at this time.
What I do carry a yearning torch for is Prince Fielder discussions and not only because it can help drive site traffic, but also because I have been using him as a sort of symbolic philosophical argument in my head about the entirety of the nature and conditions of our fandom. Now is not the proper time to discuss those feelings either, for I have not imbibed the requisite volume of port to so embolden myself.
Rather, a single sentence, treated almost like a throw away matter, caught my eye this afternoon. In a Fox Sports article about Prince Fielder that focused largely on how much sense the Cubs made for Fielder, and which contained laughably little actual information, Rosenthal relayed that according to one source, Fielder's agent, Scott Boras, is looking to add an opt-out clause into Fielder's contract. The baseball world is familiar with those having just experienced CC Sabathia leveraging his into an extra $30 million dollars.
Sabathia's clause, though not negotiated by Boras, took effect three seasons into a seven-year contract signed after leaving Milwaukee following his age-27 season. Prince Fielder is a free agent seemingly leaving Milwaukee following his age-27 season. Both were born in California. Those and other similarities are as striking as they are ultimately pointless. I'm sure that if Fielder signs a contract similar to Sabathia's from 2008, the media will adequately backfill the narrative, but in all truth what's matters at the moment is the general idea, not the specifics.
One of the primary concerns about Fielder is the length of contract that Boras is seeking and some fans are skittish about committing so long to Fielder. That's perfectly understandable, especially with Boras stepping up the rhetoric to now try and work Pujols' contract into the conversation. No thank you, Mr. Boras! Prince Fielder is not Albert Pujols just as he is not CC Sabathia nor is he Phil, the person who was supposed to have arrived with my pizza 20 minutes ago. I am hungry, Phil.
Given the legitimate concerns about how Fielder might age in his mid-30s, I believe that an opt-out clause, seemingly a favorable concession for the player, would alleviate the worries for some fans. But to what end? And at what point is it no longer something you would be in favor of? Part of the argument for signing Fielder is that while the Mariners are unlikely contenders in 2012, a player of his quality does not appear every season and so the team ought to capitalize on the opportunity at present and hope to build for 2013 or later. However, what if Fielder demands an opt-out after just two seasons? Would that then be wasted money for the team with Fielder ditching right when they finally need him? Or would it still be worth it?
Without actual details, only speculation is left to us, but it doesn't have to be of the mindless sort. Give it a think, you might find that it's an interesting back and forth.
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Did Pujols' contract include an opt-out clause?
Or does that not matter, given his age and the annual guaranteed amount making it unlikely to ever get a more lucrative offer, a la Sabathia?
I've got ridiculous upside.
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In addition, did your pizza come with an opt out clause
You know, if it was late… I mean… it should have.
I'm really not sure what I think on this one.
I would expect that a player who is playing well will opt out of his contract in hopes of getting a bigger payday. I would expect that a player who is playing poorly will not. If a player is playing “in the middle,” it might depend more on other circumstances like the economics of baseball at the time, what other players will be on the free agent pile that season, etc.
I would think that the Mariners would want to sign Fielder to a long term contract with a fairly short-term opt-out clause, say, three seasons, and hope that he sustains his success and leaves before his decline phase sets in. The Branch Rickey quote comes to mind here, “Trade a player a year too early rather than a year too late.”
by Two Rs and Two Ls on Dec 16, 2011 8:02 PM PST reply actions 4 recs
Agreed
And given inevitable inflation and his agent being Boras, he’d likely opt out even if he just had medium level years for him and not great ones. The M’s get their big offensive boost in the meantime while they develop their younger talent and they get a guy, in that scenario, that lives up to his contract.
The risk, of course, is that he pulls a Figgins or just gets injured a lot and chooses not to opt out. Seems to me like that probably isn’t a huge risk, so probably a good thing to let him have that opt-out in his prime years, so he’ll take it, leaving his declining years for the M’s to allocated that money elsewhere. Presumably three or four years from now, the M’s will have fixed much of their problems offensively with Z at the helm and Fielder won’t be as needed as he is now for the M’s offense.
If he/Boras wants an opt out clause, what about making a higher proportion of the pay in the later years tied to incentives
E.g. 8/160, opt out after 4 years, first 4 years is 20 per year guaranteed, other 4 years is like 15 a year + 5/year in incentives for stats, PA, All-Star game, etc.
I'd be ok with an opt out after 5 years.
That would allow time for the talent in the minors get to Seattle so not put a rush on finding talent through FA or trades. I guess I could be swayed into a 4 year opt out if the Mariners made other moves through FA and/or trades that made contending very likely before the opt out. If it’s 3 years or less I just don’t see the point. There’s almost no way the Mariners compete next year and then what? A two year window with both Fielder AND Felix on a countdown? Besides being Baker bait, having two superstars both able to leave after the 2014 season unless (presumably) the team starts winning or the owners massively overpay to convince one or both to stay despite the losing probably wouldn’t end well.
No matter where you go, there you are.
Would it be insane to make the opt out clause two-way?
If a player can renegotiate after two years because he’s playing great shouldn’t the club be able to renegotiate because he’s playing like crap?
I can't imagine a player ever going for that, for just that reason.
I don’t like it, pretty much because of what Two Rs and Two Ls said above. If he’s going badly we’re stuck, if he’s going great we might not want him to leave, especially if performance and just as importantly payroll are increasing at the time.
by Aussie Mariner on Dec 16, 2011 8:14 PM PST up reply actions
That is basically what an option year is.
I think it would be awesome to sign fielder to a 3 year contract with a mutual opt out 4 year contract afterword, but that’s not gonna happen.
by themanleyman on Dec 16, 2011 8:35 PM PST up reply actions
It's not quite the same though
mkd is referring to an out by which the team can say “we want you back, but at somewhat different money than you were making last year depending on how you performed”. An option year is the team saying “we want you back and we will pay you X dollars as stipulated in the contract”, with no room for negotiation based on performance.
It functionally about the same.
There are many example of a team declining a players option with the understanding that a reduced contract would be signed. Edgar’s last contract with the M’s fit this.
Also the other way, the option is declined then an expension is signed.
Two Rs and Two Ls laid it out pretty nicely
As a player, why not? Options never hurt, and I’m a fan of players getting paid. There’s a lot of money in baseball and the system gets a big chunk of their productive years at pretty reasonable rates.
I haven't been in favor of signing Fielder
But I always hoped that if we did it would include an opt out after the third or fourth year. My reasoning is that we’re taking on the long term risk either way, even if he performs well in the first few years the risk of decline is extremely high with a player of his skillset and body type.
Given that, the question I have to ask myself is would I rather sign that type player to a 3/4 year deal or a 7/8 year deal? The answer is obviously the former, so an option that would produce that result could only be a good thing for the team.
Even if Prince was playing well up to his option and chose to exercise it, that would give us the financial flexibilty to go out and pick up a player who didn’t carry the level of risk he does going into his mid thirties, which I also think is a good thing.
You’re forgetting that fielder could be a huge bust for us and he chooses not to opt-out.
They arent talking about either side being able to opt out, its ONLY fielder that can opt out.
We would be on the hook for ever dollar UNLESS he opts out. If he doesnt live up to his contract then we are STUCK with it.
As for preferring a shorter contract, you are right that teams would prefer that. But you have forgotten about timing.
What would 3 years of fielder do for the Ms?
2012: 3rd place alw
2013: 3rd place alw
2014: 3rd place alw
Does it REALLY seem like the Ms are getting a good deal by him opting out after 3 years?
3 seasons, 3 3rd place finishes, $75m
by briwas101 on Dec 17, 2011 8:03 AM PST via mobile up reply actions
Depends if he's worth the contract for those three years
If he is, seems like a good deal to me, regardless of contention.
by MT Olson on Dec 17, 2011 8:34 AM PST up reply actions 2 recs
The port sentence is such a port drinker's sentence
Well done.
by Craptastic-J on Dec 16, 2011 10:25 PM PST up reply actions
I liked reading the word "velleity".
I was going to look up the definition, but then I lost interest. Ba doom click (rim shot).
I think an opt out after 3 seasons could actually be advantageous.
Reevaluate the team. If he opts out you save a lot of money. If he doesn’t hopefully he’s still good. The only real reason an opt out sucks is if he sucks.
I think there should be an opt out that if the player choose the opt out clause, the team can still keep him against his will if they agree to pay him, say, 3 million more per year. So it’s not a full opt out, as the team can choose to keep his services. They can also let him opt out if he sucks. Then if he doesn’t suck paying him the 3 million more is not a huge deal. At that point the contract would be much more complicated though.
Also, if he is allowed an opt out clause, we should be given team options at the end of the contract.
...and now I'm here
I think a two year player option is a great idea.
I would be more likely to support the deal.
The greatest concern I have, and I think it is a common concern, is that Fielder ages early after he gets a long term contract, and we owe a lot of wasted money in the later years of the contract. Some people are concerned he would have two good years and then opt out when he is still good. But the question to me is, if he does opt out after two years would we regret the contract? I don’t think we would.
If you were to consider Fielder’s most likely progression in WAR or whatever value stat you want to use, what seasons out of the next seven do you think will be Fielder’s best? I would bet it’s the next two. He is 27, in his prime. If you stretch that big contract out over seven years, which years would be likely to give the best value to cost ratio? Again, I would argue the next two. If he does opt out, we can assume he had two good years. If someone else wants to pay him more for the next few years, you still come out at least close to even. In fact, if Fielder said he wanted a 2 year contract at $25 million per, a lot more teams would be interested.
The team option suggested by Cap would be a good idea too.
The Opt out is a sucker's game
Agents (and players) are very good at judging and using their leverage. Giving the player a lever to extract more money or leave at just that moment when the fanbase would be most upset by his departure? It will never ever benefit the team. It only increases the team’s risks, doesn’t get them off the hook when/if they’d like to be so disconnected. Don’t be tricked into thinking the M’s can get his best years, then walk away from the decline phase of a 8-10 year contract by Fielder’s opting out. It won’t happen that way.
An optout would be worth, what, $20-30 millon for Fielder? $50? f it brings his cost down by that much, then maybe. I still wouldn’t sign him for more than 7 years under any circumstance.
Mutual options are different.
by bookbook on Dec 17, 2011 2:56 AM PST reply actions 1 recs
I completely agree.
I was originally on-board with the Fielder idea. But the more I think about it and the more this off-season plays out, the more I’m inclined to think that there is no way Prince signs a decent contract. He’s going to get very near Pujols money.
That said, I don’t know what we should do. We obviously won’t compete any time in the next 4 years with the pieces we have in our farm system right now. And any piece we bring in is going to get increasingly more expensive.
It’s kind of funny, because Moneyball might have helped out the little guy in the beginning, but it will ultimately screw the little guy over and over and over and over and over and o………….
The more effectively were able to value players, the more effectively New York, Boston and L.A. will be able to win titles.
Without an opt-out its bad for the Ms
WITH an opt-out for fielder its even worse.
Adding Fielder will just mean they have a better chance of beating out the As (and soon astros) for 3rd place. So if fielder played well and he has an opt-out clause after 3 years it would just mean that instead of spending $75m (estimated salary for 3 years of fielder) on a good player and a contract that lasts longer than 3 years (5-75, 6-80) we would be spending that $75m on a player that quite likely isnt even good enough to get us to .500.
The only way a team should give fielder an opt-out is if the team also gets an opt-out. If fielder doesnt live up to the contract the team terminates it. If fielder exceeds contract or mlb financial situation improves then he opts-out. But if both sides have an opt-out then you really might as well just make it a 3-year contract.
Fielder was never going to be worth (to the Ms in terms of making playoffs) the contract he would get from us. An opt-out for fielder just GUARANTEES that the money would be wasted.
Save most of our FA money in a nice little piggy bank until a big FA can ACTUALLY make us competitive
by briwas101 on Dec 17, 2011 7:57 AM PST via mobile reply actions
Free agents like Fielder don't hit the open market very often.
Nor do they hit when teams that would normally be bidding on their services (Yankees, Red Sox, Phillies, etc.) aren’t. No one is saying Fielder all by himself is going to allow the Mariners to pass the Rangers and Angels. Fielder will greatly help in that effort though. If Fielder’s price or demands becomes too high for the Mariners than it’s fine for them to back out. However, if his price fits within a budget that will allow them other moves (now or over the course of his contract) then they need to go for it. Fielder alone isn’t going to make the Mariners contenders but neither will relying only on prospects and the hope of greater free agent finds down the road at some undefined point when the Mariners feel they are ready.
No matter where you go, there you are.
An opt-out for Fielder is GREAT for the M's
Let’s see:
Everyone thinks the greatest risks associated with Fielder come in the later years of his contract, as they would with any big-bodied slugger. For purposes of argument, let’s say he signs for 10 years/$200 million.
If Fielder can and does renegotiate after his third year, that means that he’s likely had three great 5-7 WAR years, worth well over $20 million/year, which would put him in a position to sign an even bigger contract.
But that doesn’t mean the risk that we see going forward now has diminished at all. We’d still predict that he’s headed for a major decline, sooner rather than later. At this point the M’s would owe him $140/7, and if you had any reservations signing 27 year old Fielder to 10/$120, they’d be magnified at this point. An opt-out by Fielder would be an opportunity to get out from under that risk. Which is prudent.
Further considerations:
1. What if the Mariners, despite his success, have done poorly, and their box office/revenue problems have continued? Getting out makes great sense. Fielder wasn’t the answer.
2. The Mariners have done well and revenues are up? They’d be in a far better position to bargain for the next big contract, because they’d have lots of other pieces in place (presumably pitching). They’d be more attractive to free agents and they’d have more money to spend, even on Fielder, if for some reason they think the risk has lessened (they discover that the man defies conventional wisdom about body type, slugger performance curves, etc.).
3. We would all likely pay Fielder 3/$60 right now, no questions asked. Heck, we might even go 3/$90… that’s how front-loaded we think his value is. So, an opt-out would be a bargain.
4. The big risk would come if he didn’t exercise the option, which would mean he’s had a tough three years and/or the economy has tanked and M’s revenues are down, meaning that contract eats up an even greater portion of the whole. We’d never sign mediocre, 3-4 WAR, 30-year-old Fielder to 7/$140, but we’d be stuck with him.
So, yes, by all means give him a buyout if it makes him feel better. I like the incentive built-in. And I like the idea that the M’s have gotten him for a bargain the first 3 years of the contract. I’d give him an opt-out every year after the 3rd!
A good way of avoiding risk is to avoid the player
Yes, it is the final years of the deal that people are most afraid of, but THOSE are the years where the Ms might actually contend.
So if he opts out, it means that fielder was on the team when we DIDNT need him, and he ISNT on the team when someone like him would make a difference.
The ONLY way the Ms come out ahead is if Fielder stays for every year of the contract AND he earns every dollar of it.
If we get 3rd place for 3 years and he leaves then what good did he do for us?
If we get 3rd place during his good years and then he starts to regress when we actually have a chance to compete, then what good would it do us? By the time we need him he wouldnt be the Prince that we signed.
So LITERALLY the only way it works out for us is if he stays here every single year and is in the running for AL MVP every season of his contract.
Anything short of that and we just wasted tons of money.
Im sorry, but you guys are ASSUMING everything just works out perfectly for the Ms, and anyone who has been a fan longer than 1 month knows that things dont work out perfectly for us.
by briwas101 on Dec 17, 2011 9:18 AM PST via mobile up reply actions 1 recs
If the Mariners ever want to contend, at some point they are going to have to take risks.
Every single player transaction the team makes contains a risk. Signing Felix to an extension was a risk. Choosing Smoak and company over Montero was a risk. Everything decision the front office makes carries some level of risk with it.
Also, I think you’re setting the expectations a little high if the Mariners do sign Fielder. The Mariners contending isn’t based only on signing Fielder.
No matter where you go, there you are.
3rd place
What is 3rd place? What does it mean? This needs to be specified. 2002 Mariners finished in 3rd place and 10 games out of 1st with 93-69. 2004 Rangers finished in 3rd place and 3 games out of 1st with 89-73. 2009 Mariners finished in 3rd place and 12 games out of 1st with 85-77.
Third place could be good enough for a wild card spot!
by Two Rs and Two Ls on Dec 17, 2011 11:11 AM PST up reply actions
In the original example I believe the use of "third place" has a negative connotation on par with plague and pestilence
And ignores the strategic implications of actual context completely
Something I've been thinking about regarding the additional wild cards
Maybe this has been brought up already, I’m not exactly a fountain of original ideas. Anyway, with more teams being eligible for the post season, will that increase the amount of trade action before the summer trade deadline? Or even before the trade date when players are no longer eligible for the post season?
Pure speculation, but there will be more teams in playoff contention. It makes sense to me that this could expand the market for players during the season. A patient team could really take advantage of that market.
If the speculation isn't mindless, then how can I make a comment?
Personally, I am leaning towards making a strong push for Prince, as long as the years (7-8) and dollars ($160-180 million) aren’t too crazy. He isn’t the solution for all the M’s problems, but the offense might be easier to watch while we are waiting for the draft picks to develop. If the only way we can get him is to include an opt out clause after 3-4 years, then I am fine with that. Of course it isn’t my money …
Not encumbered by the thought process.
by Bart's Evil Twin on Dec 17, 2011 9:42 AM PST reply actions
Wait, maybe I'm missing something...
If Fielder has an opt-out clause and performs above his contract enough where his future projected performance goes up, he will opt out (meaning we lose that future surplus value that could have otherwise been kept or traded).
If he under-performs or gets injured or otherwise negatively affects his future projected performance, he will stay with the Mariners.
If he performs exactly, or near-exactly, to his contract, then now instead of the Mariners being able to trade him away for a minor piece or two, Fielder can just opt-out and sign wherever he likes.
I don’t see how adding leverage to Fielder helps the Mariners (or their fans) at all, unless it comes with a significant discount to the original contract.
M's fan newly relocated to SF My homepage
This is my thought process as well.
It COULD benefit the team in that he has 3-4 awesome seasons. opts out, then falls off a cliff. That’s not something you could predict though.
The only reason he’d opt out is if he feels his value is greater than the rest of the contract. If his value is greater than the rest of the contract, chances are very high we’d want him around.
No thank you.
Yes, basically the opt out is an added bonus for Fielder in the contract.
However, it is an added bonus with a different type of risk than more money/years. If the M’s want to sign Fielder they are going to have to give a contract that Fielder likes, and this is simply another option in the contract to get him to sign. Other options are things like incentives and such.
by themanleyman on Dec 17, 2011 3:23 PM PST up reply actions
You get all the benfiits of him out performing his contract while getting none of the risk of him falling off a cliff.
by Vegasexpat on Dec 17, 2011 3:29 PM PST up reply actions 1 recs
that's it precisely...
If he does great, you’ve cashed in and avoided a possible decline in value (which would have evened out the deal, if you were still paying him…)
Yeah except the opposite. Fielder would have the option in this hypothetical; not the Mariners.
M's fan newly relocated to SF My homepage
In that case, we still lose because he's taking away extra value that the Mariners had.
M's fan newly relocated to SF My homepage
you have the extra value in your pocket...
… in the form of 3 good seasons. What you don’t have is the risk that during the next 7 (or whatever) seasons, he won’t perform. You don’t lose what you’ve already gotten, and anyone looking at a 10 year contract for Fielder would say they (those 3 years) are far more likely to be “bargains” than any period following them.
In other words, we’d sign him to 3/$60 in a heartbeat, but we have to think a bit about 10/$200… well, more than a bit.
by flightrisk on Dec 18, 2011 9:07 AM PST up reply actions 1 recs
But if Fielder does poorly, he won't opt out and we're on the hook for the whole 10 (in your example).
If he performs greatly, then he will opt out (instead of the Mariners hanging onto him or trading him for value).
If the player controls his destiny, it’s always in the favor of the player, not the team.
M's fan newly relocated to SF My homepage
Yeah, this is what makes me leery.
Seems like a lot of people are thinking the opt out is going to work more like a team option.
For the record, if we could sign Prince with a team option after the 3rd or 4th year I don’t think I would care what we gave him in terms of a contract. Never going to happen though.
by Aussie Mariner on Dec 19, 2011 2:49 PM PST up reply actions
Based on comments in here, it seems to me like a lot of people aren't thinking at all
And that many people need to actually compare the possible merits and pitfalls of a contract with a player opt out and a similar contract without one.
by Matthew on Dec 19, 2011 2:55 PM PST up reply actions 2 recs
Well it's just like a stock option, right?
Giving Fielder an opt-out after a certain period of time is kind of like a Euro-style option for him.
Without the option, he would get $x/yr for years 1-8, with the option, he might get $x-1/yr for years 1-3, and then no less than $x-1/yr for years 4-8, but up to $x+n.
Here’s a graph giving a hypothetical scenario (y-axis is $/yr, x-axis is year of the deal):

So in the event that Fielder performs poorly, having an opt-out option saves the Mariners some money. In the even that Fielder performs well, the Mariners save money in years 1-3, but lose some surplus value for the remainder of the deal (which Fielder then takes for himself). So yes, there are positives and negatives. For the Mariners, adding the opt-out option lowers the overall cost, but limits the upside of the deal.
M's fan newly relocated to SF My homepage
by lailaihei on Dec 20, 2011 11:21 AM PST up reply actions 1 recs
Fielder performing well in years 1-3 is not a guarantee that he performs well in what would have been years 4-8,
which likely would see higher salaries (contracts usually back loaded) and declining performance (from age) no matter the outcomes of years 1-3
To which, my amendment to your statement, in bold, below:
the Mariners save money in years 1-3, but potentially lose some surplus value for the remainder of the deal
Fielder performing well in years 1-3 isn't a guarantee that he performs well in years 4-8.
But if he performs above his expected value in years 1-3, there is almost certainly surplus value at the end of year 3 that:
- Could be traded away if Fielder is Mariners property
- Would almost certainly mean Fielder cuts bait at the end of year 3.
There is, of course, no guarantee that the increased expectation in years 4-8 would be a reality, but there would almost certainly be that increased expectation, and thus tradeable value that Fielder would take advantage of rather than the Mariners having the possibility of taking advantage of.
M's fan newly relocated to SF My homepage
I am actually hoping someone will go through with this.
Just put in an opt out clause after year 3. While there are obvious risks with signing a player for big bucks, most of that risk is backloaded as the contract swells and the player ages.
For Fielder, I don’t think anybody ever questioned if he was going to hit for the first couple of years: its when he hits that early thirties mark that some people (me included) are a little more cautious.
"Tell my tale to those who ask. Tell it truly, the ill deeds along with the good and let me be judged accordingly. The rest is silence." ~ Dinobot
An opt-out clause increases the chance we sign him
The M’s are bad. Maybe Fielder is afraid of committing the next 7-8 years of his life to a bad team. Well give him a 3 year opt-out that expires with Felix’s contract, and if he doesn’t like it here he can opt out and leave. If the M’s really are the only serious suitors as some theorize, an opt-out makes the most sense.
An option clause with reduced years, not 8-10.
The option clause would be in lieu of additional years, say 6-7 years with an option at 3 years. While this works to Fielder’s benefit to negotiate a higher-paying contract if he’s kept his WAR up, it could also work to the Mariners’ benefit. If the Mariners are still not going anywhere at that point, let him go and have the additional money to spend. If the Mariners are contending by then, they have the choice of upping the contract or letting him go and, again, having the additional money to spend. If the Mariners are seriously contending for a division championship and more, they also have some leverage in the opportunity for Fielder to play for a championship team.
It seems reasonable to expect Filder to hit well for another 3 years. If he does, I would expect with Boros as his agent that he would try for more, thus giving the Mariners options. If he takes an early nosedive or simply doesn’t perform well, the Mariners are stuck for only 3-4 more years rather than 5-7 years.
If the inclusion of an option clause is incentive to reduce the number of years, I think it would be worthwhile.

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