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Old 02-26-2010, 01:55 AM   #1
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Player rejecting contract extension offer...why?

I'm trying to sign a player to a contract extension to avoid arbitration, but he just outright rejected my latest offer, and I'm curious what might be the most likely reason why. Here's the situation.

Player is looking for a 2-year contract worth a total of $15,360,000, which equals $7,680,000 per season. Those two years represent his last two years of arbitration before he his eligible for free agency.

My latest offer was a three-year deal worth the guaranteed $15,360,000 he was looking for, plus a third year that would be a team option, structured as follows:
1st season: $6,730,000
2nd season: $8,630,000
3rd season: $9,080,000 (team option)
Possible total: $24,440,000, equal to $8,146,667 per season.

Because of my financial situation and a number of other players who are also eligible for arbitration and who I would like to sign to extensions, I'm trying to structure these deals to pay these guys as little as possible for the following season before some other huge contracts expire and I have a little more spending room. In other words, that $6.73 million in the first year of the offer is about as high as I really want to go.

So, what's his problem with this? Do players really insist on an evenly-structured contract, like making exactly $7.68 million a season, as is the case here? He made $5.6 million this past season, and his arbitration estimate is $5.04 million, so, like I said, I think my structured offer is more than fair.

Does he not like the fact that I'm including a third year as a team option? Is the third-year offer, which is admittedly kind of weak, too low for him? Is he really looking for more money than he claims?

The player's rejection message to this offer said that the amount was far too low. Any ideas?
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