February 08, 2008
Complicated Option
CBSSportsline details Johan Santana's option for year seven of the contract. It turns out, we won't know until then who holds the option. If Santana reaches certain incentives, the option becomes his, and he can walk away to test the free agent market.
Posted by David Pinto at
11:45 AM
|
Pitchers
|
TrackBack (0)
Have fun valuing that one with a Black Scholes model.