Why would we pick up the '26 option?
The most likely outcome will be a $27M/2 deal, which is more than double what Paxton got.
The two deal have some things in common, such as the guy missing the 1st year and the start of the second. (I'm assuming Gio does the same.)
I'm not sure why you think it's a 3yr deal. You, yourself said he's not pitching 140 IP in '25.