Although Matt Holliday's seven-year, $120-million contract was largely panned by the National media -- or at least the local media in competing National League Cities -- the folks over at Fan Graphs say the deal has been a bargain so far.
Batting well over .300 and on pace to hit 30 homers and drive in more than 100 runs, Fan Graphs estimates Holliday's production is worth $20-$25 million per season. He's actually being paid $17 million annually.
In stathead terms, he's a 5.8 wins over replacement player producer and he's being paid what a 4-4.5 WAR player might get.
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I am very hopeful that we're just seeing the tip of the iceberg from Holliday. Many times players who sign mega contracts have something of an uncomfortable first season as the struggle to try to justify their contracts. But a year later they seem to settle into the mode of playing ball as they had previous to the big deal. So it wouldn't surprise me -- if Albert Pujols is extended -- if Holliday battles the big guy over the next couple of years for the MVP award.