However, that is a confusing bit of information. Market value is likely starting with Mark Teixeira and his eight-year, $180MM contract. So would San Diego merely have to reach this number, but some could be deferred? Or would the Padres need to exceed this to make up for the deferred money?
More to the point, it is far from clear that San Diego can afford Teixeira-type money, even if the money is deferred. But it is worth remembering, especially if talks start to heat up, the Padres might have a little extra cushion there.