Howard deal moves Phillies into Yankees, Red Sox territory
On Monday, the Phillies
The Phillies are bucking an industry trend by investing huge sums of money into players as they age through their 30s. In 2012, they will spend $55.2 million on three players:
And the commitment to Howard at age 30 (the extension starts at age 32) also is a bold bet. It is the third-most amount of money guaranteed to a player at least 30 years old at the time of the contract. When you look at the list below, you will find poor returns on investment when it comes to massive amounts of money for players as they age through their 30s.
Howard is the middle of a three-year, $54 million contract. Put this contract and his extension together and what do you get? Almost exactly what the Yankees gave
What does it mean? Good news for