It was great news that the Chicago White Sox and Chris Sale reached an agreement last week on a five-year extension. However, the manner in which the contract Sale received from the White Sox is structured—$32.5 million over five years with two team options—is brilliant.
It has been some time since the White Sox had a pitcher of Sale’s caliber as young, left-handed pitching phenoms do not come around very often.
When they do, they tend to get quite expensive rather quickly. At times, this can force teams into making tough decisions. Think Johan Santana.
To be sure, the value of any contract is measured over time, and the White Sox are counting on Sale to perform at an All-Star level for years to come.
More will be revealed, but the extension Sale received is brilliant for three reasons.