What was the effect of the deal?

Smart--Longoria doesn't have to worry about security or his future now. He had his life set after just six days of ML service.

Stupid--he lost approximately 40 million over the course of the deal-- think of all the money he could have raked in

Smart for the club, they're avoiding several salary arbitrations, saving a ton of $. Salaries have gotten out of control anyhow