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The Mets don't understand economics

Dec 21, 2009, 10:28 AM EDT

Via Matthew Cerrone’s MetsBlog is word from Newsday’s Ken Davidoff that “According to a Mets official, if the team fails to secure [Jason] Bay, it will
strongly consider raising its offer to Molina.  But if Bay signs, the
Mets will hold a harder line with Molina.”

Which is profoundly stupid.

Bengie Molina is probably not even worth what the Mets have already offered him, but even if he was, how would Bay not accepting his offer suddenly make Bengie Molina more valuable? Did Omar honestly sit down in November and decide that his free agent budget is $X, and it will be spent on as many or as few players as possible?

It’s one thing to have an overall offseason strategy, but any one player’s value should be arrived at independent of what you’re doing with another player.  We already know that Omar Minaya is, well, limited as a GM, but if this report is true, someone should relieve him of command like he was Captain Queeq in the typhoon, because this destroyer is about to founder.

  1. Eat a Peach - Dec 21, 2009 at 10:39 AM

    Leave it to Omar to confuse the catcher and left-fielder markets. At this point it wouldn’t be mutiny to fire him, and it wouldn’t be mutiny for any Mets fan to boycott them until this happens.

  2. YankeesfanLen - Dec 21, 2009 at 11:00 AM

    ah, that’s where I had them. They laughed at me and made jokes but I proved beyond the shadow of a doubt and with geometric logic that the key to the Mets DID exist.
    Something to do with Strawberry, Omar.

  3. Max - Dec 21, 2009 at 11:01 AM

    Quote from a recent Jay Jaffe chat at Baseball Prospectus:
    “…true story was that back at one winter meetings [Minaya] did tell a BP colleague that RBI were a key facet of his player evaluation strategy.”
    That explains alot (Francoeur, Molina) and it’s tough to see/hear as a Mets fan.

  4. Pete M - Dec 21, 2009 at 11:18 AM

    It seems like quite a large assumption on your part that a GM decides the budget of his team. Let me translate it for you. The Mets/Wilpons are broke. They have shaved off over $40 million dollars from last year’s payroll. They were/are not players in the Holliday/Lackey sweepstakes because the price tag is over $80 million. The offer to Bay was bogus. It was backloaded, so in essence it was NOT higher than the Red Sox original offer. The Wilpons were not at the winter meetings and Jason Bay was in Hawaii. It was a PR stunt. They will end up overpaying for Molina on a 2 year $16 million deal and pretend that they made a big ticket acquisition. Omar is our only hope and the hope is that he can make some trades.

  5. John Pileggi - Dec 21, 2009 at 11:43 AM

    Pete M. may well be correct. The whole Bay thing seemed more PR than negotiation. Bay went back to Sox after Met offer (brings back memories of Boras/Beltran) and seems to not desire Mets or consider them a real player. If they do not get Bay or Holliday, Molina looks like it may be all they get through FA. As to trades, if we assume that they can take a more limited “bad deal” from someone, perhaps that is the way Omar goes. I could be way, way off, but it appear that Mets are not being aggressive. If one believes that the market is dead and they can get what they want by waiting, I would love to admit I am wrong.

  6. john - Dec 21, 2009 at 11:49 AM

    The name for this strategy is “panic.”
    Only the Mets could panic and seek the answer of Benji Molina.

  7. Stultus Magnus - Dec 21, 2009 at 11:56 AM

    The front office messed up their priorities, they should have jettisoned Omar and Jerry the day after the season ended. Things might have been falling into place by now with some fresh blood. What free agent wants to play in the mess that the Mets have created?

  8. Vern - Dec 21, 2009 at 12:26 PM

    The Mets will make some kind of move to get a power hitter for there lineup. Adam LaRoche may fit that bill. I do not see how Bengie Molina fits into their plans. He and Jeff Francoeur are first pitch swingers and would both would be batting in the back end of the lineup. Paul LoDuca might be a better option to bat eighth in the lineup.

  9. royhobbs7 - Dec 21, 2009 at 3:30 PM

    If Bay doesn’t sign (and he won’t), maybe we can ask Bobby Bonilla to play LF this year. After all, JW is going to owe him 1.2 million for the next 25 years beginning July 2011.

  10. Pimpin Pete - Dec 21, 2009 at 6:36 PM

    Master of leverage

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