Lost in the smoke of the Sox/Yanks series was the news that the Red Sox have signed pitcher Clay Buchholz to a new 4 year deal (plus two team option years).
Depending on incentives and optionality, the deal could be worth between $7.6 million AAV over 4 years and $9.45 million AAV over 6 years (I’m not including 2011 in the calculation, which is why my numbers differ from Abraham’s in the linked article).
Unless Buchholz suffers a serious injury, which is always a possibility when dealing with young pitchers, he should have no problem performing up to the value of that contract. For some perspective, Fangraphs.com estimates Buchholz’s 2010 season as being worth $14.7 million dollars. He may not be that good ever again, but at $9 million a year (roughly half of John Lackey’s annual salary) he doesn’t need to be.