Originally Posted by vaticanplum
Honestly, how in the world did the Reds pull this off for that money?
The first year is about what he would have gotten in arbitration this year ($4.5M).
The second is roughly what he could have expected (given a good year) in arbitration in '08 ($7Mish).
The third and fourth years (both over $10M) are fair discounts, given current market value, on his first two years of free agency.
It's a nice deal that really works out for both sides.