A couple of weeks ago, the New York Yankees signed CC Sabathia to a contract extension of five years and $122 million, but he can max the deal out to six years and $147 million.
As with every big-name signing, there's going to be ripple effects throughout the free-agent market.
Players of the same quality will want roughly the same amount while better players will ask for even more.
Then there are the agents who think their clients are significantly better and will demand a ridiculous contract (looking at you, Mr. Boras).
So we're going to take a look at the effects on the market overall and the effects on each of the individual players on the free-agent market.