Braves extend Spencer Strider, 6 years / $75 million with a team option for a 7th year. The 7th year is either a $5 million buyout or a $17 million extension.
Essentially they added on one year (with an option for a second) to his contract as he has two pre-arb and three arbitration-eligible years ahead of him.
No, he's not a Boras client.
I'm reading it is a $22 million option (or a $5 million buyout). That means they get to buyout the first two years of his free agency. Since he's had one TJS, that seems about the right length for them.
For grins and giggles, I will guess that this is about an $13 million discount on what he'd get if he pitched healthy year to year until free agency.
2 arb years - call it $1.5 million total
Arb1 - $8 million
Arb 2 - $16 million
Arb 3 - $25 million
FA 1 - $30 million
FA 2 - additional $17 million
Assuming an FA contract of $30 million per multiple years that $13 million discount for that last year. Present value, it's worth less than $80 million guaranteed and $97 million if the option is picked up, but I see this as pretty reasonable both ways given the injury risks.