Yankees sign A.J. Burnett for five years, $82.5MM.
Analysis: Mullet, Szymborski, Law.
CHONE projection: 167IP, 16HR, 63BB, 164K, 3.88 ERA, 39 RAR.

CHONE's five-year forecast has Burnett's total value over the length of the contract at $74.1MM. For comparison, Lowe's next five are valued at $70.8MM, and his next three are $44.5MM. 3/36 -- the Mets' current offer -- looks two be the lower bound for what he'll get, but even if that gets bumped all the way up to $15MM/year over three years, he'll be a better value than Burnett. The Yankees probably would've been better off waiting until after the holidays to make a big splash with a SP; they're not the only team that would've benefited by being more patient, of course.

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Original Story: http://vegaswatch.net/2008/12/yankees...