Originally posted on Camden Crazies  |  Last updated 5/25/12

Orioles fans have been clamoring for it all season, and the team seems to have finally locked up Adam Jones with a contract extension. I was a little worried that they would feel they "had" to keep Jones, and end up giving him a Matt Kemp type deal (8 years, $160 M), but was looking at 6 years, $80-90 M myself. Actual contract; 6 years, $85 M. Nicely done, Orioles.

I said last week that Jones probably isn't nearly this good, but a 5 year, $75 M extension (as Adam was already going to be under team control for 2013 anyway, likely getting ~$10 M in his final year of arbitration) certainly seems fair. Assume Jones just repeats his 2010-2011 and is a 2.5 to 3 win player through his "peak" years and then drops of by a half-win a year starting in his age 30 season (2016) - then, with modest salary inflation of 5% annually, he'd be worth about $72 M over the five years. That's the kind of deal I was hoping for - one that would be perfectly fine if 2012 is a fluke - and that's what the O's got. They wisely paid him like the player he "is" (mostly ignoring the 2012 outburst) instead of the one he "could be".

On the other hand, if Jones really does establish himself as perpetual a 30+ home run guy with even close to average defense in center (for the time being), this contract could be a substantial bargain. The low on-base percentage and plate discipline issues might still be there, but power-hitting center-fielders don't exactly grow on trees. There's going to be the usual risks associated with all long-term deals, but I think the Orioles did a nice job locking in a decent floor with some real upside; let's say Jones regresses and ends this year at only 5.5 wins, and declines by a half-win starting next year - that's around $30 in excess value the O's would be getting.

Keeping Jones in Baltimore is a win-win-win: he's now set for life, and gets to remain the leader of a franchise that's (hopefully) on the upswing; the O's keep one of the best players around for a while without having to guarantee excessive amounts of money in general or any at all to someone in their mid-30s (Jones' contract will take him through age 32); and the fans will obviously love this. It's a good day in Birdland.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Giants owner: Signing Kaepernick would anger fans

Mike Trout to undergo MRI after suffering thumb injury

John Wall: Bench was cause of Wizards’ ‘downfall’

Arum says Pacquiao would fight McGregor if Mayweather won't

Aaron Judge hits first grand slam of his career

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

David Stern: Lakers could have had Chris Paul, GM panicked

Brandon Jacobs vows to 'expose' Jim Harbaugh, get him fired

Mike Zimmer won’t retire even if right eye goes blind

Kevin Love responds to Draymond Green’s ‘annihilation’ trash talk

Spike Lee deletes Instagram post saying Kaepernick signed with Seattle

Errol Spence is the real deal, takes down Kell Brook

Meet your Stanley Cup finalists: Nashville Predators

Getaway Day: There's a murderer's row in the NL West

Journey to the Stanley Cup Final: Pittsburgh Penguins

Best of Yardbarker: Ladies and gentlemen, start your engines

The 'More like Whiffer, Texas Ranger...amirite?' quiz

The Rewind: Vince Carter's graduation day celebration that wasn't

Manu Ginobili gave life to the San Antonio Spurs

Stanley Cup Final: A David vs. Goliath matchup that's not as lopsided as it may appear

Why the Indianapolis 500 is called 'the greatest spectacle in racing'

The 10 best sports docs available for streaming

Box Score 5/26: Bring on the Finals

Why wait? Our too soon Cavaliers-Warriors NBA Finals preview

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Meet your Stanley Cup finalists: Nashville Predators

Getaway Day: There's a murderer's row in the NL West

Journey to the Stanley Cup Final: Pittsburgh Penguins

Best of Yardbarker: Ladies and gentlemen, start your engines

The 'More like Whiffer, Texas Ranger...amirite?' quiz

Stanley Cup Final: A David vs. Goliath matchup that's not as lopsided as it may appear

Manu Ginobili gave life to the San Antonio Spurs

The Rewind: Vince Carter's graduation day celebration that wasn't

The 10 best sports docs available for streaming

Kicking It: East is East, and West is West

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker