The best details about negotiations, particularly in sports, often come well after everything has been settled. Such is the case with the Joe Mauer contract extension, an eight-year deal reached just prior to the 2010 season that kicked into effect in 2011.
According to new details of the negotations, addressed at length in agent Ron Shapiro's upcoming book and chronicled to some degree by Forbes -- Shapiro believed Mauer would be worth 10 years and $300 million on the open market.
Mauer, however, wanted to stay in Minnesota. As such, per Forbes:
The Twins offered Mauer a 5-year, $90 million contract. Shapiro countered with a demand of 9-years and $243 million ($27 million per year on average).
So yes, as Phil Miller notes, they opened negotiations $153 million apart.
Initial offers are often just that -- starting points that lead to eventual compromises in the middle.
To that end, it looks like Shapiro came far closer to his initial offer with the Twins than Bill Smith and the organization did.
The Twins' initial offer was for $16 $18 million per year; Shapiro's was for $27 million per year. The total money initially was $90 million from the Twins and $243 million From Shapiro.