The Rule of Six: Yu Darvish Re-Ups in San Diego

Yu Darvish
Orlando Ramirez-USA TODAY Sports

Be honest: you didn’t think A.J. Preller was done with headline-making this offseason, did you? The Padres have built a team through outrageous swings — trades that no one else in baseball would attempt and free-agent signings that make opposing teams whine with envy. After signing Xander Bogaerts earlier this offseason, though, it seemed like even Preller might be out of moves. There was no one left to sign, no one left to trade for.

The joke’s on us, though, because the Padres found a new way to make news: they signed Yu Darvish to a six-year extension worth $108 million, as MLB.com’s AJ Cassavell reported. The deal replaces the final year of his existing contract, which would have ended after this year. Instead of hitting free agency, Darvish will remain a Padre, presumably for life at this point.

Darvish has long been one of my favorite pitchers thanks in large part to his dizzying array of pitches. He threw six different ones at least 5% of the time last year and even dabbled with two more. Six pitches, six years: I know an article setup when I see one. If you’ll indulge me in some gratuitous gif-posting, I’ll walk you through six ways to think about this contract.

Year One: Slider, San Diego’s Rotation

Most pitchers throw their fastball as a primary pitch. It’s a math thing, more or less: fastballs are the first option in a ton of counts, so they end up as the most common offering overall even if a secondary pitch does the heavy lifting of getting outs. Not so with Darvish. He leads with his slider, throwing it 45% of the time (I’m using Pitch Info classification in this article, for the record). It’s hard to imagine someone throwing six different pitches and also throwing one of them half the time. It’s even harder to imagine that one featured pitch being anything other than a fastball. But that’s Darvish for you — hard to wrap your head around.

He can get away with using his slider so much because he commands it exceptionally well, throwing it in the strike zone nearly 60% of the time. That’s the third-highest rate in baseball for any slider or cutter (classification systems differ on what exactly he throws). On the whole, the league hits the zone only 46% of the time when they go to sliders or cutters. By flooding the zone with a hard-to-hit pitch, Darvish has made a career out of making batters look foolish.

Last year, Darvish was the best pitcher in San Diego. His 3.10 ERA was one of the best marks of his career despite a declining strikeout rate, which he made up for by walking a miniscule 4.8% of opposing batters. He turned in his third season out of the last four with at least 30 starts, and the only exception was the pandemic-shortened 2020 season, where he didn’t miss a rotation turn. That kind of stability is new for Darvish, and it’s been tremendously useful for the Padres, who are short on rotation depth despite a scintillating top end.

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Joe Musgrove is under contract through the 2027 season, but until the Padres signed Darvish, he was the only established starter under contract after this year. Blake Snell will be a free agent, and Seth Lugo and Nick Martinez are relievers trying to make the transition (back) to the rotation. This Padres team is built to win in the next two years — the length of time Juan Soto is under team control — or perhaps the next four or so depending on the rest of the roster. Manny Machado and Bogaerts are at the tail end of their prime, but they’ll provide star-level production for years to come, pending Machado’s opt out after this year. By extending Darvish, the Padres have given themselves more runway to compete without venturing outside the franchise for more star pitching.

Year Two: Four-Seamer, Contract Guarantee

Darvish doesn’t feature his slider because he has a bad fastball; he features his slider because it’s one of the best pitches in baseball. His fastball is no slouch, though it’s more plus than standout. He sits 94–96 mph with it and can still top out above 98 when he needs it, but it’s less a bully-ball pitch than a necessary complement to the rest of his offerings.

It hardly seems fair that Darvish, who built his reputation on the sheer dazzling array of options he brings to the table, should also have a good fastball. But he does, and that helps explain why his career strikeout rate is a staggering 29.3%. Give an otherwise ordinary pitcher Darvish’s fastball, and they’d be above average. Give it to someone whose slider is one of the best pitches of all time, and the results speak for themselves.

Given that resume and Darvish’s recent run of health, $18 million per year sounds like a huge bargain for San Diego. That’s what Taijuan Walker just got, and while he is a perfectly nice pitcher, I mean, come on. Darvish is one of the best pitchers of the last generation, and he put up almost as much WAR in 2022 alone as Walker has in the past five seasons. What’s going on here?

What’s going on is that the contract is paying Darvish far into the future. He’ll be 42 in the last year of this deal. Exactly one player over the age of 35 signed a free-agent contract of three or more years this offseason: José Abreu, at three exactly. In 2022, only Max Scherzer cleared that two-year bar. In 2020 and ’21, no one did. The length of Darvish’s deal means that the average annual value is less relevant than the total guarantee; $108 million would seem quite reasonable over four years, and he’s going to be around for two years after that.

Year Three: Sinker, Competitive Balance Tax

Darvish’s sinker is probably the least exciting of his pitches, but he uses it to mix up his arsenal and keep his four-seamer less predictable. It’s not enough to know that he is throwing a fastball; if you’re sitting on it, which is a smart way to attack a pitcher with so many plus secondaries, you might get a fastball and still swing in the wrong place.

Like his sinker, Darvish’s deal is deceptive. The key thing it does, from San Diego’s standpoint, is spread out the money owed to him from a competitive balance tax perspective. The Padres have paid the tax for two straight years, and they’ll easily clear that bar again in 2023. That means that they owe 50% on the first $20 million over the $233 million cap, 62% on the next $20 million, and then 95% thereafter. We project them for a payroll of roughly $287 million, which means they owe 95 cents in tax for every marginal dollar they spend.

Darvish’s contract extension replaces his 2023 salary of $19 million, which carried a CBT hit of $21.5 million thanks to the average annual value of that previous deal. The Padres are saving $3.5 million in tax number with this deal, which will save them $3.325 million in actual tax payments. That’s a meaningful amount of money — hardly franchise-altering stuff, but also not a rounding error.

In 2024, the Padres will get a similar boost from having Darvish on their cap for only $18 million. Given the shape of their roster, they’ll almost certainly exceed the CBT threshold that year too, and if you think it would cost $25 million to secure Darvish on a more normal contract, that’s another $6.65 million in tax savings. We’re talking about $10 million dollars, roughly a Drew Pomeranz worth, purely due to contract structuring.

Year Four: Cutter, Projections

Darvish’s cutter might be a slider. Or maybe his slider is a cutter. Whatever you want to call it, it’s one of his most effective pitches. It’s a classification nightmare and also a hitting nightmare. Like his slider, he throws it in the strike zone quite frequently, but if you’re looking for the slider, you’ll miss this pitch by a mile; the cutter falls 13 inches less than his slider on its flight home and has less horizontal bite. It’s another case of disrupting timing; even if a batter correctly works out that a gyro-based breaking pitch is coming, they might get the movement of the pitch wrong.

One thing San Diego hopes is wrong: ZiPS projections. ZiPS thinks Darvish is pitching on borrowed time, with not a single ERA+ above 100 in the next six years, and rapidly declining innings totals to boot:

ZiPS Projection – Yu Darvish
Year W L ERA G GS IP H ER HR BB SO ERA+ WAR
2023 11 9 3.83 27 27 167.0 141 71 24 38 168 99 2.2
2024 9 9 4.12 24 24 144.3 129 66 23 35 138 92 1.4
2025 7 8 4.45 21 21 125.3 119 62 22 33 115 85 0.7
2026 5 6 4.87 16 16 88.7 90 48 17 27 78 78 0.0
2027 3 6 5.40 12 12 70.0 75 42 15 24 59 70 -0.4
2028 2 5 5.94 9 9 50.0 58 33 12 19 40 64 -0.7

Yeesh. If ZiPS is right, maybe Taijuan Walker was too optimistic of a comparison. Despite a solid 2022, Darvish’s peripherals are worrisome; his swinging-strike rate has declined for two straight years, and last season represented the lowest strikeout rate of his career. He also posted his lowest groundball rate; more balls in play and more balls in the air is a scary combination.

ZiPS is more pessimistic than Steamer here, and I’m not sold on its conclusion. A 2.2 WAR full season would be the worst of Darvish’s career. “Pitchers don’t age, they break” is an overused statement, but it’s overused because it generally tracks with reality. Still, ZiPS is good at what it does, and it really doesn’t like this deal.

Year Five: Curveball, Bottom Line

Goodness do I enjoy a Yu Darvish curveball. I love the audacity of it; how can someone who throws 98 also lob in a mid-70s lollipop with such sharp downward break? It generates more swinging strikes than his slider, largely because he uses it in counts where hitters need to protect the plate. He almost never throws it when behind in the count, preferring instead to save it to press his advantage. He even drops in the occasional ultra-slow curve; he’s thrown a pitch below 70 mph in each of the last four seasons, bottoming out at 64 in 2022.

I think this extension is the kind of deal that the Padres feel compelled to make. They’ve pushed their chips in, so to speak, creating a powerhouse that can compete for World Series titles right now with little regard for the future. It’s probably unrealistic to expect them to keep Soto in town, though I’m sure they’ll try their hardest. Machado and Bogaerts are great now but both in their 30s. The pitching staff doesn’t have many reinforcements coming, and Snell seems likely to depart after this year along with Josh Hader.

That’s not the worst of it. We rate their farm system as one of the worst in the majors, thanks to the hauls they’ve sent out in recent years to bring stars back. A key reason their current roster works is that Jake Cronenworth, Trent Grisham, and Austin Nola will make a combined $9.75 million in 2023. And their arb payouts will increase, which will make filling other roster holes tougher.

As my colleague Dan Szymborski pointed out, there’s some Louis XIV-style nihilism going on here. “Apres moi, le deluge,” the Sun King famously said, and Preller is building his team in similar fashion. The Padres are awesome now, and they’ve made the playoffs in two out of the past three years to break a long drought. Maybe their farm system will churn out new talent to replace what they lose in the coming years, but they might never be better than they are in the next two years.

Given that backdrop, you can hardly blame them for steering into the skid. Who cares about the back end of Darvish’s deal if the team will be in a down period then anyway? The 2026 season is a long way away, and 2028 further still. Gather ye rosebuds while ye may, to steal yet another phrase from history. Now is the time to be bold.

Even if you take a rosier view of Darvish than ZiPS, this deal feels a touch rich. Let’s leave 2023 out of it; I don’t think anyone was going to offer him $89 million from 2024 onwards. The contract only makes sense if you’re willing to accept a bad deal in pursuit of super-charging the team now.

I suppose that’s what the Padres are up to. There wasn’t any obvious way to add another good pitcher for 2024 without a long-term commitment, so they made the lowest-AAV commitment they could to return someone good. It’s going to sting in the latter part of the deal, but when you’ve painted yourself into a corner, you do what you need to do to push forward. Maybe the path the Padres are on won’t work, but if you’re on that path, I don’t know how else you find a top-of-rotation starter for next year.

Year Six: Splitter, History

I saved the best for last. Darvish’s splitter is jaw-dropping, the kind of pitch that batters either take or swing over. He knows it, and they know it, which creates a delightful guessing game. Can he land the pitch for a strike? Unlikely. Can they hit it if they swing? Also unlikely. Both sides know the stakes, which gives every two-strike count a gripping plot hook. And no, if you’re curious, Freddie Freeman didn’t reach first base safely up above, though it was a bang-bang play.

In recent years, Darvish has thrown his splitter more than ever. It doesn’t appear to have hit a point of diminishing returns just yet. He’s drawing bad swings as frequently as ever and recorded a strikeout on a quarter of the two-strike splitters he threw last year. He might be able to beat hitters with anything, but his split-finger is the nastiest, most whiff-inducing weapon in his arsenal.

Darvish probably won’t make the Hall of Fame, but he’d be a shoo-in for the Hall of Very Good. He joined the Rangers in 2012 after starting a decorated career in Japan, and he’s been the 11th-best pitcher by fWAR since then, ninth-best by RA9-WAR. He’s done that despite two-plus wasted years; he made only 39 starts from 2014 to ’16 thanks to Tommy John surgery and missed most of ’18 thanks to a stress reaction in his elbow.

When he’s been available, he’s consistently been electric. He throws whatever pitch he feels like, in any count imaginable. He learns pitches from teammates and integrates them seamlessly; he briefly threw Craig Kimbrel’s knuckle curve when they were both Cubs, for example. He’s everything, everywhere, all at once, and he looks like he’s having fun while doing it.

For me, Darvish is inextricably linked with the rise of internet video. Fifteen years ago, you couldn’t hop online and watch an endless stream of the best individual pitches in baseball. I know Randy Johnson was great — I watched him pitch in quite a few games — but I can’t conjure his individual pitches to mind the way I can with Darvish, because it simply wasn’t easy to watch the game in that fashion back then. Even Darvish’s delivery seems made for video: that pause at the top of his windup gives you a moment to collect yourself before you watch the main event.

His career isn’t done yet. ZiPS is down on his future, but I’m sure ZiPS was down on Justin Verlander’s future at his nadir in Detroit, and we all know how that worked out. Darvish is going to have years to write his final act, and by re-upping with San Diego, he’s guaranteed that he’ll be in high-pressure situations for the next few years.

For my part, I hope Darvish finishes strong. He’s made me like baseball more, which is a high compliment. That doesn’t change the calculus of the deal, and it doesn’t change San Diego’s uncertain future, but it’s worth remembering in any case. He’ll provide yet another reason to keep your eyes on the Padres in the next few years, as if they needed any more.





Ben is a writer at FanGraphs. He can be found on Bluesky @benclemens.

32 Comments
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Joe Joe
3 years ago

If the Dodgers didn’t exist, would the Padres have been as aggressive as they have? It seems they’ve traded long term success to burn as bright as they can for a 3-4 year period. For the teams it works, they get showered with praise. For the teams is doesn’t work, they get accused of tanking in 3-4 years when their farm dries up and they have older expensive players.

Last edited 3 years ago by Joe Joe
nrbg27Member since 2020
3 years ago
Reply to  Joe Joe

The Dodgers exist and are the weakest they have been in a decade. Go all in.

DrazMember since 2025
3 years ago
Reply to  Joe Joe

I prefer this approach 1000x more than tanking, let me know the next time the Pirates , Royals As, or Orioles have 300M payroll, most tanking never gets to spending part. I’ll be rooting for the Padres

Last edited 3 years ago by Draz
Joe Joe
3 years ago
Reply to  Draz

That’s just it, if this approach doesn’t work, they will end up getting accused of “tanking” or being “cheap” when they try to keep costs manageable while losing/rebuilding/treading water in the future. I have no issue with teams going for all-in as it usually helps my team. I just hate the negativity given towards teams that went all-in, got praise for it, and then get called cheap/tanking when most likely it ends up coming up short as only 1 team wins a year.

Sure, the extremely low payroll teams are part of the lack of parity problem if one sees that as a problem. I just think teams going all in causes a lot of teams to have bright, but short highs and sustained lows as the teams that go for sustainability hoard drafts picks.

SenorGato
3 years ago
Reply to  Joe Joe

Big disagree…Merrill, Lesko, Snelling, Mazur, Zavala, Lizarraga….Good prospects at high $ Value positions and always more

The Future is cheap for everyone anyway. They’ll be fine

marchandman34Member since 2020
3 years ago

Great article Ben, if given credit for his Japan years, Darvish DOES have a compelling case as a HOFer! And agree, Darvish is a joy to watch 🙂

diamonddores
3 years ago

Yu is one of my favorite players of this era. From afar, he seems like a delightful person who treats everyone (media, fans, teammates, opponents, etc) with kindness and he has some of the nastiest stuff we’ve ever seen. <3

Last edited 3 years ago by diamonddores
D-WizMember since 2019
3 years ago

Couldn’t agree more on the enjoyability of Darvish! He also seems uniquely situated to surpass his projections as he ages (assuming health, of course) given the vast arsenal he has at his disposal. It wouldn’t shock me if his pitch mix looks drastically different a few years from now than what you described in this article. Anyway, I love Darvish, and it’s cool that a competitive team locked him up for probably the rest of his career!

DLHughey
3 years ago

It’s weird to talk about how bad the Padres farm system is. They built up a massively hyped talent pool, dealt from it aggressively, and while it’s early to draw conclusions, the only players it seems like they’ll miss so far are Ty France, David Bednar, and Andres Munoz. They did what they should have done to compete. Farm systems are full of variance, and they cashed in their chips correctly.

Raphie CantorMember since 2020
3 years ago
Reply to  DLHughey

I loved you in STUDIO 60 ON THE SUNSET STRIP.

padres1997
3 years ago
Reply to  DLHughey

I mean people can talk about how bad it is now but we literally just depleted it to acquire Soto.

Preller is who made it what is was in the first place. He’s an excellent scout. He can build it up again over the next 2-3 years. We did just sign the #1 international prospect in all of baseball a couple weeks ago.

Last edited 3 years ago by padres1997
DLHughey
3 years ago
Reply to  padres1997

So you missed the point entirely. Very few of the guys who they’ve traded away have amounted to much. Excluding Wood and Susana, the only guys from the Soto trade who had their value trending upwards, almost nobody else they’ve traded since they had “the best system” has amounted to anything.

You can say “he made it what it was,” but it was nothing. Depleting “nothing” isn’t impressive. The industry was collectively wrong, Preller’s hype pieces haven’t justified the hype. And Preller cashed in on that hype by trading those guys for legitimate MLB talent. That’s the impressive part. If he bagheld because he’s an excellent scout, he would have been a terrible GM.

padres1997
3 years ago
Reply to  DLHughey

You’re not only missing the point, but you also just are factually incorrect.

The Padres team building model is build up the farm system, then use those prospects as currency to acquire All-Star MLB talent in the last 2-3 years of their rookie contract. (See: Snell, Soto, Hader, etc.)

Preller has already gutted and rebuild the farm before. (Padres had one the best farms in baseball after the 2014 season, it was gutted in the 2014-2015 offseason and then rebuilt again)

But as far as the players we’ve traded away under Preller that did not amount to anything…. Max Fried, Trea Turner, Ty France, etc. Guys like CJ Abrams, Luis Patino, Mackenzie Gore, etc. it’s too early to say.

fjtorres
3 years ago
Reply to  padres1997

The final verdict is still out on the Clevinger trade but the past two years they could have used Quantril in the rotation or ‘pen. Arias and Cantillo are both on the way.
And Josh Naylor is hardly chopped liver.
Judging prospect trades take more than a year or two, depending on the age of the players.

aaaaaa000000Member since 2017
3 years ago
Reply to  DLHughey

I think they miss Clase.

Roger McDowell Hot Foot
3 years ago

Given how many of these GIFs show off his wonderful hesitation delivery I was expecting some kind of dumb joke about the contract structure. So here it is: As is only appropriate for Darvish, the Padres are, uh, winding up a big deal, but then pausing for a moment before delivering the cheese? In order to, uh, catch the CBT napping I guess?

sadtromboneMember since 2020
3 years ago

I like how the Rays school of thought “never be on the hook for super long extensions” has now proliferated throughout the league and Preller is like, “nah, we’ll sign these guys until they’re 42!”

I don’t really have a strong opinion on the matter but it is funny.

sadtromboneMember since 2020
3 years ago
Reply to  sadtrombone

Seriously, this is like the Nationals’ short-term thinking and their deferred money but on an entirely different scale. Assuming that Manny Machado is signed to another extension, which apparently they are working on, they are going to have about $100M tied up in players in 2028 already. This will include 35-year old Machado and Bogaerts, and a 41 year old Darvish. Bogaerts will be around for another six years after that.

I don’t necessarily think this is a bad thing, because flags fly forever and this is a totally valid way of doing things, spreading out tax hits like this. But it’s really funny because you don’t see it anymore, and it’s going to get even more funny if they wind up signing Machado or Snell or Cronenworth or (gasp) Soto through age 41 as well.

hughduffy
3 years ago
Reply to  sadtrombone

The Nationals deferred money was way more crazy than the Padres.
In 2020, the Nats paid $12M in deferred salaries.
In 2021, the Nats paid $21M in deferred salaries.
In 2022, the Nats paid $28.5M in deferred salaries.
In 2023, the Nats will pay $23.5M in deferred salaries.
In 2024, the Nats will pay $18.5M in deferred salaries.
In 2025, the Nats will pay $25M in deferred salaries.
In 2026, the Nats will pay $15M in deferred salaries.
In 2027, the Nats will pay $15M in deferred salaries.

That’s 158.5M spread out over 8 years. It’s also why the Nationals decided to tear things down in 2021. That was basically their last chance to succeed before 10-15% of their payroll was being spent on players no longer on their roster. None of the deferred salaries except for Patrick Corbin would be on the roster after 2021.

There would also be another $15M in 2028 on that tab, except the Dodgers agreed to pick that up when they traded for Max Scherzer.

As crazy all these ultra-long extensions are, at least there’s a chance, however small, that the player will still be on the roster when the bill comes due. The Nationals basically decided to punt for 4-6 years because of how much in salary deferrals they will have.

fjtorres
3 years ago
Reply to  hughduffy

Actually, by today’s standards, $15M worth of dead money a year is far from crippling.
The Nationals teardown has more to do to the available talent–farm talent not developing, bad trades, lack of extensions, too many Boras clients bolting–than pure finances.

They got their flag, though.
What comes next is part of the price.

hughduffy
3 years ago
Reply to  fjtorres

$15M in dead money isn’t crippling, but if you want to build a contender with a mid-revenue team, you can’t miss with any of your other big contracts.

Washington has Patrick Corbin through 2024 for about $60M total and Stephen Strasburg through 2026 at $26.5M per year. From 2027-2029, they have deferrals for Strasburg at $26.6M. At least they have those two on the roster, even if they’re worth less than 1 WAR put together.

In 2026, they’ll have at least $40M in dead money, unless Strasburg makes a miraculous recovery (which I pray he does, more for his sake than anything else).

Flags fly forever, and the cost of this flag was a decade of irrelevancy.

fjtorres
3 years ago
Reply to  sadtrombone

They’re willing to carry a ton of dead contracts for a couple of years in ’25-28 in return for a good run.
A fair trade if they get a flag or two.
Flags fly forever but first you have to get them and the flags they want are going to be contested by other big payroll teams.

What will make this season interesting is that while the Pads are gutting the farm and throwing money at all their holes, the “weakest in a decade” Dodgers are betting on their farm.

It’ll be interesting to see how it plays out.

BalkLikeAnEgyptian
3 years ago

Darvish was pretty clear last season that his goal was to pitch deeper into games. Some of his decline in k% can, I think, be explained by him pitching to contact in effort to keep his pitch count down.

Trevor May Care Attitude
3 years ago

Love the username!

terry mesmer
3 years ago

It’s luxury tax evasion. Why does no one want to say it?

Lanidrac
3 years ago
Reply to  terry mesmer

Because tax evasion is illegal, while this is perfectly legal?

hughduffy
3 years ago
Reply to  terry mesmer

Because it isn’t competitive balance tax evasion. It’s not like they’re paying him more money under the table. If the Commissioner’s Office thought it was an attempt to evade the CBT, they could cancel the deal.

It is tax avoidance. They are trying to avoid paying more tax by lowering the AAV of the contract. If the Commissioner’s Office thought they were doing so impermissibly, the deal wouldn’t be allowed.

fjtorres
3 years ago
Reply to  terry mesmer

It’s tax *minimization*, not evasion and they’re not being extreme about it.
Darvish being rosterable at 42 isn’t out of the question.
He’s 36, effective, and looks healthy enough to go at least three good years. The other three? TBD…

darren
3 years ago
Reply to  terry mesmer

Why is this getting downvoted so heavily? The Padres are not signing this deal to lock in Darvish’s post-40 years. They’re giving him an extension that’s something like a Scherzer-Verlander-lite: 3 years, $90 million tacked on to what they owe him for this year. In doing so, they actually reduced their tax number for 2023.

Putting aside any moral/legal questions, it’s obvious that’s what they’re trying to accomplish.

proiste
3 years ago

God, with Darvish resigning and all this chatter about Nola and Machado extensions, next year’s free agent market is going to be so, so boring besides Ohtani

lorena1959
3 years ago
Reply to  proiste

The way Preller is spending, perhaps the Pads offer the first billion
dollar contract to Ohtani.

lorena1959
3 years ago

I feel like I follow baseball pretty closely, but not with education and intellect the writers of this amazing sight. Yet this looks like a bad contract. If money doesn’t matter, I guess there’s not any such thing. Maybe he can pull a Smoltz and later become a lights-out closer.
That aside, I’ve always believed Yu has been underrated in his career. 242 starts is nothing to ignore. And a 120 ERA+ is pretty good in my book. I believe I read somewhere he was the fastest to 1600 K’s. Five time AS and CYA votes four different seasons. Perhaps in a big hall such as basketball and football have, he would probably receive strong consideration.
I’ll never forget the look on his face when he was 26 outs into a perfect game and lost it. The smile on his face showed me a man that I’m sure greatly wanted it, it wasn’t the end of the world. A true class act. Good luck to him.