Rangers shortstop Michael Young finalized his five-year, $80MM contract extension today. The deal runs from 2009-13.
Granted, Young is a huge bargain for 2007-08. The Rangers basically erased that advantage by overpaying him past his peak. I will have more thoughts on this later tonight, but I have a feeling that this contract will not be well-received by analysts.
Lone Star Ball has a poll up about the signing; most Rangers fans responding feel that it is an "Okay deal for the Rangers — they overpaid, but not by enough to make it a bad deal."