Johnny Cueto’s Two-Year Six-Year Contract
The idea of giving a six-year contract to a pitcher scares the dickens out of an awful lot of people. As for the idea of giving a six-year contract to Johnny Cueto? It seems all the more terrifying, given Cueto’s somewhat checkered history. But here we are, with the Giants following up on the Jeff Samardzija acquisition by signing Cueto for six years and $130 million. Before the Diamondbacks signed Zack Greinke, they were said to have offered Cueto six years and $120 million; he looks smart now for turning that down.
Absolutely, this is a six-year guarantee. For Cueto, he’s now looking at a floor of $130 million over six seasons, so it makes sense that’s how this is being reported. Yet as has become the trend, this is a deal with a player opt-out clause, two years in. The industry is seeing more and more of these, and the rest of us are still trying to figure out how to wrap our heads around them. The best I’ve seen it put: this kind of contract is a two-year deal with a four-year player option. And while, in the event of something going horribly wrong, the Giants will be stuck with a monster mistake, it looks to me like Cueto’s in line to leave after 2017. It seems like both parties want it that way.
