Over-paid or under-appreciated?

Everybody's favorite San Diego Padre gets a nice deal this week to stay put:

The two-time All-Star will earn $9 million per season from 2006-08, with a $9 million club option for 2009 that could raise the value of the deal to $36 million over four years. The team has a $3 million buyout for 2009. Giles made $7 million each of the last two seasons.

Can't wait to read the reaction to this from a certain someone!