Blue Jays manager John Gibbons has a unique contract: every January 1st that he is employed, an option for the following season vests and an option for two seasons in the future is added. So, since he was employed yesterday, his 2015 option kicks in and a 2016 option is now dangling out there, pending his employment on January 1, 2015.
The purpose is to avoid Gibbons ever becoming a lame duck manager, which has become an increasingly thorny issue in Major League Baseball. Most notably when Jim Riggleman quit mid-season a couple of years ago simply because the Nationals wouldn’t ink him through the following season and beyond.
I’m not sure if anyone else does this. I do know, however, that the days of Walter Alston and the Dodgers sitting down every winter to hammer out a one-year deal for the upcoming season is a think of the past.