I'm pretty sure he still values pitcher wins and if that's the case then he'll definitely appreciate Estrada's shiny ERA and WHIP. I haven't considered possible payroll constraints but he is clearly stupid enough to offer that kind of deal if the money is available.
I somewhat had an idea of what you were talking about. There was a Dutch baseball player who played for the Mariners named Greg Halman, he was assassinated by his brother.
https://en.wikipedia.org/wiki/Greg_Halman