41 year old pitchers project to be worse than the previous season? Thanks Tips.
Again, who's arguing that he's going to be the same pitcher? If Colon were guaranteed to give a team 8 wins over the next 2 years, he'd justifiably command $60M on the open market. But since he's old as f*** and projects to produce nowhere near that amount, 2/$16M is pretty reasonable.
I even agree with you, I don't think I'd want to commit $16M to him either. I would not be surprised if he doesn't put up 2 WAR combined over the next 2 seasons. But you're falsely intimating that he needs to perform like he has in Oakland to justify 2/16. That's wrong.