When word hit that the Seattle Mariners were offering Felix Hernandez a 7-year, $175 million extension, a number of usual suspects came out of the woodworks to claim that it was too much money. Many people are under the assumption that high-dollar contracts never work out, as they tend to be paying players for what they have done in the past as opposed to the future.
However, this is not necessarily true. In fact, there are several nine-figure deals that have worked out just fine for all parties:
9. Cliff Lee, Phillies
5 years, $120 million from 2011-15
Don’t let the won-loss record fool you: Cliff Lee was one of the NL’s best pitchers last season.