You're still missing the point. A fair contract should have some upside/downside for each party. With no opt-outs, then that is the case. The player could prove a bargain if they stay healthy and very productive through the duration, or they could be stealing from the franchise if they fall off. With the opt-out, the team can be "screwed" but not the player. The player has zero downside. Either they are overpaid with their existing deal, or they perform well and opt-out.
I’m not missing the point. I understand what you are saying. And what you’re saying is true if you assume there is close to an equal chance that his last years are as good as his first or that performance in the back half of the contract is correlated with performance in the front end.
My assertion is based on the assumption that performance will very likely be good in the beginning and very likely be bad at the end. I think this is by far the most likely scenario to happen. And if that’s true, then you want to 1) decrease the probability that you pay for those bad years at the end and 2) pay as little as you can for those good years.
Ideally you would do a long contract with multiple team options, but that’s a non-starter for someone like Bryce. Next you would do a short term contract, but that would be more expensive on a per-year basis. Next is a long contract with a player opt out, because you are paying less money on a per year basis because of the contract length and you’ve given him the opt out. Last is a long term contract without options which guarantees you’ll pay for the crap years. And you’ll pay more per year because you didn’t give the opt out.
It’s possible a guy like Bryce blows out his knee and never plays again in the first year of the contract. It’s possible he’s so bad in the first 3 or 4 years that he doesn’t opt out. It’s also possible he plays at an MVP level for the entire 10 years. Or even 8. But all of these scenarios are extremely unlikely. I would think you’d want to base your actions on what is the most likely outcome and not outlier scenarios.
That being said, the Phillies are resisting the opt out, so they have a different assumption of risk than I do. But if you are really risk averse, you shouldn’t be signing players to 10 year contracts at all, opt out or no.