Kyle Lohse and Other Pillow Contract Players
Players choose the services of Scott Boras for a simple reason. The simplest reason, even: he gets money.
But not even Boras can truly command the invisible hand of the market. See Kyle Lohse. Despite many seeing him as one of the best pitchers available in this year’s free agent class, Lohse remains unsigned into march — a far cry from the four-year, $40 million deal or higher many saw him attaining.
Of course, for all of Boras’s success, Lohse isn’t his first high-profile client whose market has dropped out from under him. The safe play given the age of most of these players (over 30) and MLB’s guaranteed contract system would be to take a multi-year contract at a depressed average annual value. Quite often, however, Boras has eschewed the long term deal for the “pillow contract,” a one-year contract so-called because it lets the player land softly from their bottomed-out market and get up and try again next season.
Let’s take a look at some examples.