Reviewing Jon Singleton’s Contract One Year Later
One year ago, Jon Singleton was a consensus Top-100 prospect. Eleven months ago, he was making around $8,000 per month in Triple-A. Ten months ago, he was was promoted to the majors where the Major League Baseball minimum salary would have paid him a little over $300,000 for the rest of the season. Just yesterday, he was sent back down to the minors where he again would have been making around $40,000 for the season. He is not making $40,000, however, because Singleton signed a controversial contract last year guaranteeing him $10 million before he reached the majors. He’ll make $2 million this season, and every month he spends in the minors he will make 50 times as much money as he would have without his contract.
Nothing is going to change the fact that the Astros likely got a bargain when they signed Singleton. They lowered his potential arbitration salaries and received an option for a free agent year while only guaranteeing $10 million. Even if Singleton does not become a successful major league player, guaranteeing him less than what the team is paying Scott Feldman this year was an easy choice. For Singleton, the choice was not likely so easy.


