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Repeating myself from the 2023 MLB thread (I'm allowed because I'm old), it could be that "The Phillies are cognizant of the risk at the back end of the contract. Basically, they are paying for whatever good seasons Turner has left and spreading it over all 11 years."
Some former forum member once posited that theory and it has stuck with me. Think of it this way: They are deferring payment of many millions to future years for success and riches today and tomorrow. Turner has to wait for his money in exchange for helping win pennants now. That's not a bad financial gambit.
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- Bru
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