Volatility in the player and management market hedges the personal risk of long contracts.
So I wrote last week about this trend of long-term contracts we’ve seen this season, how teams are content to stick an extra year or two on the end of a deal to lower CBT hits. Over at FanGraphs, Ben Clemens wrote about the financial benefits to teams of stretching out large payouts over more seasons. I think there’s still one more element...