9-News: 40.057 – YS9, Colon Avoid Arbitration
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9-News: 40.057 – YS9, Colon Avoid Arbitration
The Yellow Springs Nine front office announced today that they’ve come to agreement with right handed starter Luis Colon on a $12.4M three-season extension that will buy out the pitcher’s arbitration seasons. In return for what is likely an over-pay in year one, the player allotted an option to the team in year three (which comes with a buy-out).
“I wanted to be here for awhile,” Colon said. “And this makes my family set for life right now.”
The deal pays Colon $4M next year, a season he’d been projected to garner only something in the $2M zone by most pundits, but it limits the club’s expenses in the out seasons—years where outstanding performance from the pitcher could have ballooned his salary. After a pair of pedestrian seasons, Colon is currently 11-5 with a 3.82 ERA, so this could go either way.
“We’ve got the money in the budget next year to take that kind of chance,” GM Ron Collins said earlier. “And, obviously, if we get the 3.82 Luis, it’s a great deal.”
Colon will be 28 years old when the real expires, and ideally perfectly positioned for a haul in Free Agency.
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Re: 9-News: 40.055 – YS9, Colon Avoid Arbitration
Smart deal for YS, not surprisingly.
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Re: 9-News: 40.055 – YS9, Colon Avoid Arbitration
Ugh, I hate how much sense the deal makes... solid player who is a captain... gross.
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