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My guess is that Pineda, in years 2-6, has about 2.5, or 3.0, times the "net future value" that Votto does in Votto's years 5-6 ... for instance, you've got 2.5 times the club-controls years remaining. Not one more year, but 250% the club time left.
And Pineda's time, of course, includes those lucrative net years 2, 3, and 4.
..........
Felix, however, has less pure profit in his contract -- he's underpaid about $7M per year for the next few years. Factor in any risk on Felix?, and you've got a no-brainer to give the Reds Felix for Votto.