The idea isn't looking at one year's worth of WAR. The idea is that those were the top 25 pitchers from seven years ago. How many had seven years of production you'd be happy paying 7/$175 for since that time? Pick any year as your starting point and count seven years forward from that one. You'll find damn few pitchers (who are eligible/nearly eligible to sign a FA contract) that will be worth 7/$175. And there's basically no way to pick out the ones who are in advance. In order to be worth considering for that kind of contract, a pitcher probably has to have at least three seasons (preferably more) of elite production already. Then you're projecting seven more years of elite production on top of that. Just how many pitchers over the past 20-30 years can you think of with a ten+ year stretch of dominance? I'll start you off: Clemens, Maddux, Unit. Theo faced this decision when he was with Boston and he made the right call. He could have given Pedro the contract he got from the Mets, but he held off and the Mets got stuck paying for nothing after the first couple years. Then the Mets got burned again with Johan. Let's not be the Mets. Playing devil's advocate, because I agree with you about paying pitchers. But I don't think Felix is getting this deal based on one good year. More like the last 4-5 years. The data is probably harder to come across, but I wonder if the list of the top WAR pitchers from 2004-2006 under say, age 28, would look very different than your list. The list still isn't very promising. Santana, Oswalt, Sheets, Lackey, Webb, Zambrano, Buehrle, Peavy, Sabathia, etc. Out of those guys, Buehrle, Sabathia and Santana are the only ones where a seven year deal probably would have been worth it (and Santana is obviously questionable).