IYO, Why did Philly give to Pap that kind of contract?, hell, they already had the right piece, didn't they?, and like some people around here say, considerable cheaper (30/3), right?. That takes me to the next question, IYO, How much money was Madson asking to Philly, that made 'em turn around so quick and sign Pap? IYO, How much is he asking in the neighborhood?
Let's say that he is asking your 30/3; plus an option of +-10. (still, if this were the case, I wouldn't get it, why the hell wouldn't Philly take this deal, I would commence to think that he was asking something more substantial, maybe +-10 M more, I'm not sure...)
If true^, Let's go to the scenarios...
If after 3 Y, they don't make valid the option, what would be the sign? My guess, he would've shitted the bed. If true, you would be wasting your 30 M and not saving 20 M, otherwise, you would be giving him something around Pap's contract, considering the option and maybe one more year. If this were the case I would like to see Pap's numbers at that time. IMO Pap would be likely making better numbers, sure at an arguably inferior division.
As a fan, sure, bring Madson, keep spending that way, why not. As the owner, I'm not sure this is a good idea. This wouldn't be consistent regarding on Paps departure.