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Cliff Lee is pretty terrific. He’s currently 10-4 with a 3.05 ERA. He’s on pace for a sixth straight season of 200 innings pitched, and his worst ERA in that span is a 3.22 mark. Since 2008, he has the second best ERA+ or anyone to throw 500 innings, coming in a bit behind Clayton Kershaw. Lee is also 7-3 with a 2.52 ERA in 11 postseason starts.
Lee’s contract is less terrific. The Phillies backloaded it so that they could get away with paying him just $11 million in 2011. As a result, he’ll make $25 million in both 2014 and ’15. Worse is his option for 2016. It can vest at $27.5 million, which isn’t so terribly bad. But it has a $12.5 million buyout attached to it, which is going to be an awfully big hit for a team to take if Lee falls apart at some…
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