Giancarlo Stanton is about to make a lot of money.

To put that number in perspective,

in 2013. It will also be the

: Alex Rodriguez, Miguel Cabrera, Albert Pujols, Robinson Cano and Joey Votto are all part of this exclusive club.

But the real question on everyone’s mind: is Stanton worth it?

Over the past four seasons, he’s third in the Major Leagues in home runs, eighth in weighted runs created plus (148), which measures how a player’s weighted runs created compares with league average after controlling for park effects, and ninth in weighted on-base average, which combines all the different aspects of hitting into one metric, weighting each of them in proportion to their actual run value. Stanton also won the Hank Aaron Award as the National League’s top offensive player this year by accumulating 6.1 wins above replacement while leading the league in homers (37) and slugging percentage (.555).

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Over his career to date, Stanton has provided the Marlins with 19.5 wins above replacement, which is valued at $93.7 million. In other words, if you were going to replace his performance in free agency and knew you were going to get exactly this level of production, $93.7 million is how much you would have to pay. For that the Marlins paid Stanton slightly over $7.9 million. So already, they are ahead of the curve.

Here is how the ZiPs projections look, courtesy of Dan Szymborski.

We can either use the standard one marginal win is worth $7 million or that the cost of a marginal win starts at $6 million in 2015 and increases by five percent each year to figure out the value the Marlins can expect to receive from Stanton, including everything he has done year-to-date.

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Even if you ignore the value Stanton has provided to date, it still works out for both parties.

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The downside is if the projections are off and he ages more like Juan Gonzalez or Jose Canseco, the two players Baseball Reference calculates is most similar to Stanton though 24 years of age.

If that holds, Stanton will add less than 20 wins above replacement over the life of the contract, which would be more than a third less than what the ZiPS projections are calling for. But those similar players are loose fits, at best, and don’t look like the most probable scenarios.

It’s a lot of money, but it is also a good deal for both Stanton and the Marlins.

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