Initial Prediction: (3 years/$27 million)
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New Prediction: (3 years/$21 million)
What Changed: Randy Wolf. Yes after evaluating the free agency of Randy Wolf, I felt that there was no way in hell Davis was going to come close to 3 years/$27 million. That's the kind of contract that I'd expect Wolf to get in this market. Davis is a very good pitcher, and might wind up being a better value than Wolf over time, but Randy Wolf's 2009 season has catapulted him into a different level contractually than Davis. Davis will still do nicely on the free agent market, but I think my initial estimate overshot his true value a bit.
Thoughts?
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