by Captain_Caveman on Mon Nov 02, 2009 3:21 pm
From another thread, but such a major consideration that it deserves its own.
At the start of next season, Pierce will be 33 years old. It will in all likelihood be his last chance at a decent contract. Should he exercise his player option for next year, he will be trying to get that last deal at the age of 34 years old. Personally, I think there would be a fairly major difference in the type of deals he could command in either scenario.
Next summer, I think he could get 3 years, $45m. If he waits until the following summer, he may only be looking at a 3-year, $20m MLE a la Sheed.
While he would certainly not be able to get the same $21m in the first year of his deal that his player option would give him, it is all about the guaranteed money. It would be way less risky for him to opt out and take a guaranteed $45m than it would be for him to exercise that player option for $21m and hope that $24m would still be on the table in a year.
Sounds counter-intuitive, but it happens ALL the time. Baron Davis just one example off the top of my head of a guy who "gave up" $5m of guaranteed money in order to sign a longer and bigger contract.
I bring it up because (a) it is potentially some savings for us next summer, and (b) while you don't hear his name mentioned a lot in the FA Class of 2010, other teams and their cap room will probably factor into this.