All it comes down to for me is this. Jose wants to bet on himself, which is probably a decent idea considering his track record. He's not signing anywhere until he's a FA, and thats his right, and I applaud him for all he's done and will do. We don't know any of the real numbers, but most people agree he's worth about wheeler money, maybe a few more dollars, Ive seen 150/5 type contracts as what it would probably take to get his to forgo FA. And maybe he goes and balls out in Toronto and is worth all that and more, hell I hope he's worth Cole money and gets himself paid.
But the Twins don't like that bet, because they get no guarantees. They can take that money and try to sign another pitcher of similar quality for the same contract, and get two highly regarded prospects in the process. And thats a really smart move, because while I love Berrios, and always rather see the players get paid, I don't want to see the value for pitchers of his caliber jump like 8mil/yr in an already shaky couple years, and I know teams in any market, but especially mid/small don't want that either.