Baseball Musings
Baseball Musings
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)
Comments

Have fun valuing that one with a Black Scholes model.

Posted by: wph at February 8, 2008 12:21 PM
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