Let's say Johnny stays on his current production rate over 8 years and then compare what what inflation could do to his earnings for the last 4 years of an 8 year deal.
If his production remained the same, would he not likely be earning $8m+ if he signed a new contract in 2020? I would say yes, he would be earning more.
So to save money on future value, give him above market value now so that he is below market value when his UFA years hit.
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