I can see the point, even if it's a bit skewed. On a 10 year contract, the front end
should be surplus value, the middle
should be approximately a wash when compared to the money and the back half
should be decline phase where you're paying more for wins as a result of getting discounted wins early on.
Assuming an even distribution of salary across the contract, Manny opting out of 5/$150MM wouldn't be the end of the world for the Padres as it would mean they got good production in the first five years, and now at worst gives them option for re-allocation for the money that they almost surely would be paying during a decline.
Years 6-10 projects 10.4 WAR by ZiPS. If you ask the Padres if they'd be satisfied with 5 years and 24.1WAR or more for $150MM and then have Machado opt out and sign elsewhere, that's gotta be a resounding yes, right? Right, because they'd have gotten ~$200MM worth of value and only paid for ~$150MM. But I highly doubt he opts out at that aging curve unless the deal is front-loaded or the market rate on 1 win goes way up.
We all know that he's not opting out if he wouldn't otherwise get 5/150 or more on the open market, so it's kind of a silly point anyhow. The opt-out is yet to favor a team in any way, afaik, and that's the design of it. Of course you don't want him to opt out if he's good, and of course you want him to opt out if he's bad, but there's no scenario where the player is going to do what you (that is, as a front office) want him to do with an opt-out.
https://twitter.com/DSzymborski/stat...28417641664514