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.
Ios_download En_app_rgb_wo_45

Tom Brady is not looking for revenge against Colts

Jerry Jones: It might be too late for Cowboys to save season

Steve Spurrier clarifies he's 'resigning, not retiring'

Report: EJ Manuel could start Sunday for Tyrod Taylor

Marcell Dareus paid for 400 tickets to Bills game

South Carolina names Shawn Elliott interim head coach


LeBron James on Cavs’ 0-3 preseason: ‘It’s not frustrating’

Report: Panthers LB Luke Kuechly cleared to practice

Report: Julio Jones may not play against Saints

What’s happened to Matthew Stafford?

Mike Tomlin explains gutsy late call with ‘Godfather’ reference

Sean Payton responds to rumors he might leave the Saints

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.
Get it now!
Ios_download En_app_rgb_wo_45

QUIZ: Every team Steve Spurrier played for, coached

(Mis)handling David Price

Five fantasy things we learned from every NFL Week 5 game

Steve Spurrier: An American original

How the Royals cheated death

Citi Field gave Chase Utley chilly reception

Mike Moustakas fired up Royals with expletive-laced speech

Clayton Kershaw: MLB "bullied" into Chase Utley suspension

Michael Jordan really likes Jeremy Lin

Texas governor makes embarrassing Astros flub

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker