Are decade-long contracts going the way of the dinosaur in Major League Baseball? Houston Astros owner Jim Crane seems to think so.
Speaking with reporters at the Astros' Diamond Dreams Gala on Friday, Crane said teams are reluctant to issue out massive deals to free agents because they're more informed about the risks those contracts pose.
"I think that teams are very focused on value and some of the deals that have been thrown out for (Bryce) Harper and (Manny) Machado, I think, are long-term deals. I don't know that you'll see many more 10-year deals in this business anymore because the analytics are so good and a lot of those deals never work," Crane told Alyson Footer of MLB.com.
Both Harper and Machado have been reported as seeking contracts in the 10-year range throughout the offseason.
Those types of contracts are historically rare. Alex Rodriguez broke the mold when he signed a 10-year, $252-million contract with the Texas Rangers before the 2001 season. That same year, Derek Jeter re-upped with the New York Yankees for 10 years and $189 million.