The Pirates made Felipe Rivero's extension official today, announcing that they've signed him to a four-year deal with two option years. The deal pays him a guaranteed $22 M, and can be worth up to $41 M over six years if his options are picked up.
Rivero and Pirates' General Manager Neal Huntington talked with the media via conference call after the announcement. Here were the highlights:
**When there's an extension, the discussion always comes up about the player leaving more money on the table by not going year-to-year. This ignores the risk that the player could get injured or have poor performance reduce his value.