Mar 25, 2013, 1:31 PM EDT
“People call me all the time and say, ‘Man, your players aren’t signed yet. Well, it doesn’t really matter what time dinner is when you’re the steak.”
Now steak is served, and steak costs approximately $12 million a year over four years for the Bourn strip and $11 million a year for three years for the filet Lohse. Good deals on steak, or market price?
That’s the big question now, as the two most high-profile free agents subject to draft pick compensation have finally found homes. Did the market work how it was intended to work, or did these two get boned because of the draft picks that were the cost of doing business with them?
I can sort of see it both ways.
On the one hand, in a vacuum, I’d say that Bourn and Lohse are basically worth what they got. This isn’t economics I’m talking about here. It’s gut. It’s me looking at their performances in recent years, their ages, their skill sets and consulting with all of the intangible crap that floats around ife and saying “yeah, that seems about right.” $48 million and $33 million, respectively, are numbers that, if my team signed them for, I’d probably be able to live with. And if some team signed them for significantly more, I’d say “hmm, seems like an overpay.”
On the other hand, free agents don’t exist in a vacuum. They exist in a market in which other guys sorta like them sign. And I see B.J. Upton and Jake Peavy and Edwin Jackson and a lot of other free agents getting deals that are either worth much more or, given the relative quality of the players involved, seem to be more valable for the guys in question than what Bourn and Lohse got. Put differently, I can’t help but think that those “overpays” I mentioned above would have come to pass but for the free agent compensation.
And now, with everyone of any stature signed, people are going to revisit that free agent compensation thing. Some are going to argue that it’s unfair. Some are going to argue that it worked the way it was intended and it kept free agent salaries from getting out of control. I don’t know that it truly worked either effect particularly well.
Shane Victorino showed that if you’re not quite worth a $13.3 million risk in a qualifying offer, you still can get that much times three on the market whereas, if he were better and worth the qualifying offer, he’d get nothing approaching it. The top end guys showed that owners will still pay near-silly money for free agents. Overall, there wasn’t a ton of discipline exacted on the market. But if there was, it seemed to fall disproportionately on a couple of guys.
In that sense I’m not sure it worked for either the owners or the players, whatever they intended when they negotiated the last Collective Bargaining Agreement. Because I can’t imagine that the desired effect by either side was “a couple of free agents will get what, in vacuum, sorta seems fair to some fans.”
Oct 2, 2014, 12:18 AM EDT
The game was pretty much wrapped up at this point for the Giants, but watch Pablo Sandoval go over the Pirates’ dugout railing to make a catch in foul territory in Wednesday night’s NL Wild Card Game …
Oct 1, 2014, 11:54 PM EDT
After Wednesday’s 8-0 loss, it’s time for the Pirates to start thinking about next year.
Oct 1, 2014, 11:20 PM EDT
Madison Bumgarner dominated over nine shutout innings and Brandon Crawford hit a grand slam as San Francisco cruised to an easy 8-0 victory over the host Pirates on Wednesday night in Pittsburgh.
Oct 1, 2014, 10:22 PM EDT
The Dodgers’ workout Wednesday afternoon in Los Angeles was closed off to the media, so we’ll have to trust the club’s own reporting on injured left-hander Hyun-Jin Ryu …
Oct 1, 2014, 9:38 PM EDT
The Giants are out to a 4-0 lead in the National League Wild Card Game at Pittsburgh’s PNC Park courtesy of a fourth-inning grand slam by shortstop Brandon Crawford.
Oct 1, 2014, 9:08 PM EDT
Marlins ace Jose Fernandez picked up a baseball on Wednesday for the first time since undergoing Tommy John reconstructive elbow surgery on May 16.
Oct 1, 2014, 8:13 PM EDT
The procedure went as planned and d’Arnaud is expected to be fully recovered by the start of spring training next February.
Oct 1, 2014, 7:19 PM EDT
Punto hit just .207 with two homers and a .589 OPS in 73 games.
Oct 1, 2014, 6:33 PM EDT
Jason Vargas, who spent last season in the Angels’ rotation before signing with the Royals as a free agent, will start Game 1 for Kansas City.
Oct 1, 2014, 6:19 PM EDT
The Angels have announced their rotation for the ALDS against the Royals.
Oct 1, 2014, 5:21 PM EDT
Tony Cruz gets the nod as Yadier Molina’s backup.
Oct 1, 2014, 5:12 PM EDT
Welp, there’s two reasons he’ll never accept an invitation to my house.
Oct 1, 2014, 4:46 PM EDT
ALDS manager drama!
Oct 1, 2014, 4:34 PM EDT
The Tuesday wild card game got ratings 14% higher than last year’s Tuesday wild card game.
Oct 1, 2014, 4:04 PM EDT
Not a ton of surprises. Gaby Sanchez in at first over Ike Davis because of the lefty on the hill. Otherwise, play ball.
Oct 1, 2014, 3:45 PM EDT
Ron Gardenhire was fired Monday after 13 seasons, the last four of which have seen the Twins lose 90 or more games.
Oct 1, 2014, 3:15 PM EDT
Somehow, it all seemed to tie this strange 2014 season together in one fitting package, though the end result wasn’t what anyone in green and gold wanted.
Oct 1, 2014, 3:00 PM EDT
Thanks for sharing, Aubrey.
Oct 1, 2014, 2:48 PM EDT
Adam Wainwright will start Game 1 against Dodgers ace Clayton Kershaw.
- Madison Bumgarner delivers a shutout as Giants roll past Pirates in NL Wild Card Game 5
- Angels announce ALDS rotation: Jered Weaver in Game 1, Matt Shoemaker for Game 2 2
- The beauty of belief 42
- MLB to test new pace-of-play rules in the Arizona Fall League — including a pitch clock 44
- Playoff Reset: The National League Wild Card Game 15
- Video: Salvador Perez walks off Royals in Wild Card Game 3
- Small ball prevails … in a 9-8 game 25
- Royals complete thrilling comeback to defeat A’s in the American League Wild Card Game 75
- Hunter Pence dropped a bunch of F-bombs in his postgame speech. Good. (116)
- Barry Bonds discovered to be “glassing” — it’s just as bad as you think (90)
- And That Happened: Sunday’s scores and highlights (85)
- Ned Yost on the sixth inning and his bullpen usage: “its just one of those things” (81)
- Previewing the 2014 Playoffs (80)