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Tuesday, December 14, 2010

Phillies Sign Cliff Lee for $30 Million Off the Asking Price

Phillies get a Cliff Lee for Christmas in one of the biggest sales we've seen this holiday season
The Phillies signed Cliff Lee!  After what was seemingly a foregone conclusion that Lee would be pitching in pinstripes next year, the Philadelphia Phillies came in late last night and stole this off season's biggest prize from the Yankees.  And I do mean stole.  The Yankees reportedly offered Lee roughly $150 million over 6 years while the Phillies offered $120 million over 5 with an option for a 6th.  The Phillies GM Ruben Amaro has to feel pretty good today after landing such a star in one of the only "sale-priced" free agency signings that I can ever remember.  

It's tough for most people to think about the difference between $120 and $150 million.  Yes $30 million is nothing to sneeze at, but I think we have to applaud Lee for realizing that when you are making that much money, it is reasonable to turn down that extra guaranteed money for an improved quality of life.  Which is what it sounds like this decision came down to.  Lee loved his time in Philly last year and his wife absolutely hated the Yankees and their fans, so turning down the Yankees even at the cost of $30 million made sense for them.  As a Phillie fan, I'm certainly okay with that and I'm hoping that his improved quality of life correlates to continued spectacular play on the mound.  

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