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option years only, but a future contract should be guaranteed?
it's not something a team would do, if they extended someone in the first place barring drastic change in talent.
are you certain you don't have yearly costs added? maybe, the contract has to hit day 1 to show, since it is an odd situation of a player being cut with a pending 2nd guaranteed contract still owed too.
you could google mlb extension release and see what comes up. read through the mlb rules etc. it may have happened before, but i doubt it is common.
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