Could you please comment for as long as possible of what are the meaning and the implications (in mathematical, statistical, probabilistical, economical, technical terms etc.) of the following three types of baseball contract?

Could you please comment for as long as possible of what are the meaning and the implications (in mathematical, statistical, probabilistical, economical, technical terms etc.) of the following three types of baseball contract?
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1 Answer

Answer :

It seems that he would be guaranteed a starting point of 15 million per inning pitched; But it comes down to how many innings he pitches per season, and how many runs are scored, both earned and unearned, while he pitches. If done in the US, some pitchers would do very well.
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