I know why Perkins' $2 mil was spread over 6 years -- I was just trying to illustrate he had essentially made the league minimum prior to that point. He had a huge immediate financial incentive to sign for $10 million guaranteed at the time, home town team or no. I also dispute the notion that Perkins is "elite". He's ranked 8 or 9 by fWAR which is very good, but his performance has been closer to relacement or average than the very best. In 2013, Perkin's fWAR (1.7) was roughly as close to leader Koji Uehara (3.3) as it was 118th ranked Josh Roenicke (-0.1), or as close to #3 ranked Nathan (2.5) as #50 ranked Jared Burton (0.9). And even if you do consider that elite, relief pitching limits the potential value of an "elite" player more than any other position. (I will say, Perkins has seemingly stepped up his game in 2014, in terms of fWAR if not yet in rank, although even if this improvement holds, it came AFTER his signed his most recent long-term deal.) And I certainly don't doubt that his local home made these decisions easier for Perkins, and pretty much prompted him to seek his most recent deal, but it's not as if he ever had more money on the table, or even the prospect of more money on the table in the very near future. He was 2-3 years away just from the chance at more money both times; avoiding the risk of becoming another Gregg Olson (injured/collapsed before full FA) was probably very significant to Perkins.