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He is being paid for an outlier BABIP ('07) and # of walks ('09) that was 60% above anything he had done before. That's why his "decline" was predictable. 
Figgins will improve some this year because his BABIP is outlier low.  But the Chone Figgins some thought we got doesn't exist anymore. 
Figgins is not worth his contract as a starter.  He is most valuable as a 3 position utility guy.
We could just bunch it with Cust and send him on his way then DH Kennedy quasi-fulltime.  But that creates only a marginal improvement compared to a .275-.340-.400 Ackley at 2B and batting 2nd.  And those are pretty conservative numbers.
A solution is for the M's to swallow 1/2 of Figgins salary each yar and package him as an affordable IF.  Brave move, that.
BTW, I must admit, as much as I'm fascinated by Peguero's raw power, I would LOVE to see M. Wilson get some LF AB's against RHP.  Maybe three-four games in a row AB's.
Go team.
A rocky marriage is the Z-Figgy relationship.  I suspect we will see a messy divorce.  Four years of of an aging Figgy at $9 mil?  Not pretty, not pretty.

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