Cliff Corcoran: Will $120 million gamble on Holliday pay off?

[SRNewsBot]

After weeks of seemingly bidding against themselves for his services, the Cardinals have finally reached an agreement to keep Matt Holliday in St. Louis. The contract, which according to Jon Heyman is worth $120 million over seven years, will lock up Holliday until he's 36, with an average annual salary of just over $17 million. Though the money involved is well short of the $180 over eight years fellow Scott Boras client Mark Teixeira received from the Yankees a year ago, it is a much larger portion of the Cardinals' payroll, which has averaged just over $90 million a year over the last five seasons, and the largest contract ever handed out by the team.




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