Originally Posted by TheBigLebowski
FWIW...rotoworld.com did not like it..
Reds signed first baseman Adam Dunn to a two-year, $18 million contract with a club option for 2008.
Dunn gets salaries of $7.5 million for this season and $10.5 million for 2007. The club has an option for a $13 million salary in 2008, which it can buy out for $500,000. We're not particularly impressed with this for either Dunn or the Reds. With the possibility of a 50-homer season looming, Dunn was foolish to sell his first year of free agency for $13 million, especially when there are teams like the Red Sox and Astros out there that will appreciate his OBP more than the Reds do. And Cincinnati will someday regret not taking this opportunity to lock Dunn up to a true long-term deal. Dunn is just 26, and while he doesn't have much in the way of defensive value, he's probably going to be one of the game's top-10 hitters for at least the next half dozen years. Five years and $60 million would have been perfectly reasonable for both sides. Feb. 13 - 11:08 pm et
I don't think rotoworld.com has considered the fact that the Reds can still work to re-sign the guy to another three-year deal between now and then and still come in at 60M or less over five years.
As of now, the Reds have Dunn signed for the next two seasons for less than what he wanted and they have a built-in escape clause that doubles as a license to re-negotiate should they and Dunn agree to exercise the buy-out clause in exchange for a longer-term financial committment. On the flip-side, Dunn's set for life and he's virtually guaranteed the 13M in 2008 if he's dealt.
Yes, I wish the Reds had acted sooner. Sure, I'd like the contract to be for a longer period of time but the reality is that both parties to this contract have protected themselves and Dunn now knows that should the Reds keep him he's going to be the focal point of the offense while both parties have now basically said "show me by the end of the 2007 season". That's motivation for both Krivsky (show Dunn that you're a contender) and Dunn (show the Reds that you're worth even more money).
Considering the current scenario, that's one heck of a well-negotiated deal on both sides.