The Miami Marlins wore an old coat that they haven't worn in a while, and it turns out that there was several hundred million dollars in it. Don't you just love it when that happens? Also, the coat was covered in teal sequins.
The Marlins used that money early in free agency, pouncing on the best available shortstop on the market, Jose Reyes. We knew that he had signed for six years and $106 million, but the actual breakdown of the contract comes as a bit of a surprise. From Ken Davidoff:
Breakdown of Reyes contract with #Marlins: $10 mil, $10 mil, $16 mil, $22 mil, $22 mil, $22 mil. $$22 mil option on '18 with $4 mil buyout.
Reyes will be paid something just over Edgar Renteria money for the first two years of the deal before it shoots up into the stratosphere. There are a couple of possible reasons:
Whatever the reason, it's an interesting strategy, as when Reyes starts to get extraordinarily expensive, players like Mike Stanton and Logan Morrison should start to reach free agency. But seeing as the Marlins are going to sign Albert Pujols, C.J. Wilson, Carlos Beltran, Prince Fielder (to play second), and Ryan Madson for 2012 and beyond, the might need the extra money for this season.