GREAT NEWS: Carlton Football Club are set to rise or fall on the back of their bold $10 million signing — a high-stakes gamble that could ultimately define their success or trigger their downfall…

The Blues are going to “live and die by the sword” with Sam Walsh’s giant contract extension.

The highly-debated move has more than a couple of pros and cons, and a three-time premiership spearhead believes there’s a measure that’ll determine whether or not the Blues win long-term.

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Walsh on Tuesday put pen to paper on a monster eight-year recommitment to 2034, turning his back on free agency eligibility to effectively remain a Blue for life.

The club has bitten the long-term contract bullet on a player with a history of back issues, just months after watching three of its best players leave last October.

Because, while Walsh has played 85 per cent of possible games throughout his seven-year career to date, the 25-year-old has missed nine, four and eight games respectively across the past three seasons.

It’s reasonable cause for concern, given that in terms of average annual value on a reported $10 million-plus contract, Walsh is earning $1.25 million per year.

But putting aside hesitancy around the hard-nosed midfielder’s longevity, Carlton undeniably made a statement in signing Walsh to the club’s all-time most lucrative contract.

In a period of time where a cloud hovers over the Blues’ ability to be competitive in the back end of the season — after seeing the backs of Charlie Curnow, Tom De Koning and Jack Silvagni last trade period — the retention of their biggest remaining star for eight years speaks volumes in its own right.

There’s certainly no guarantee the Blues are going to break their 30-year premiership drought at some stage in the life of the deal, thus Walsh’s recommitment is an important indication to the club’s younger crop that there’s reason to stick around.

That’s even despite uncertainty surrounding the coach, with Michael Voss now in the final year of his deal — and a chance of not seeing it out if the season gets off to a wretched start.

All-Australian goalkicker and Fox Footy expert Cameron Mooney offered his thoughts on the deal, taking all of the above into consideration.

I’ve never been huge on really long-term contracts. I think it’s dangerous for clubs, great for a player,” the former Roos and Cats star told Foxfooty.com.au.

“I think you can put yourself in a (dangerous) position, as a club, particularly with a guy who has a history (with injury).

“But if you’re looking at somebody you want as a one-club player, touted as a captain, super human being … great person to have around your footy club, then you want him to be there until he retires.

“So, this is just Carlton’s way of making sure that he is.”

While it was foot and hamstring issues that were the cause for missed footy last year, Walsh had corrective surgery for a bulging disc in his back at the end of the 2022 season.

Recovery and subsequent setbacks cost him games at the start of the 2023 and 2024 campaigns — and it doesn’t need to be reiterated how important an uninterrupted start to the year is.

“How much game time are you going to get out of him? Are you going to get eight years’ worth of footy from a guy whose last three years have been plagued by injury? That’s the only concern,” Mooney continued.

“Him as an individual, him as a person you’d want at your football club, that’s a tick and a tick. I’d love Sam Walsh at my football club, the way he trains, the way he prepares, all those types of things.

“But eight years, it’s a lot to put on a footy club if someone’s not playing as much as they should be.”

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