Mar 25, 2013, 1:31 PM EST
“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.”
Mar 3, 2015, 10:57 PM EST
It was a successful afternoon in pretty much every way at Fenway South. Except maybe one …
Mar 3, 2015, 9:44 PM EST
The expectation is that he will have to sit out the entire 2015 season.
Mar 3, 2015, 8:31 PM EST
The deal does not include an invitation to major league spring training, so Beato won’t be under consideration for one of the spots in the Orioles’ Opening Day bullpen.
Mar 3, 2015, 7:28 PM EST
Yoenis Cespedes made his presence felt around Tigers camp with this fourth-inning grand slam in Tuesday afternoon’s Grapefruit League opener against the visiting Orioles …
Mar 3, 2015, 6:32 PM EST
He can be solid rotation depth for some team.
Mar 3, 2015, 5:46 PM EST
Kang hit .356 with 40 homers in Korea last season.
Mar 3, 2015, 4:15 PM EST
Because, if he does, David Wright and Bobby Parnell are gonna go kick his butt.
Mar 3, 2015, 3:54 PM EST
Unless someone gets injured, spring training game results don’t matter a bit. But they are a reminder that everyone starts from square one each season. No matter how well they ended the season before.
Mar 3, 2015, 3:15 PM EST
Johnson made the All-Star team in 1970 and went on to win the batting championship by hitting .329, marking his third straight season with a batting average above .300.
Mar 3, 2015, 2:48 PM EST
He was only 52.
Mar 3, 2015, 2:10 PM EST
Baseball has officially started, but opinions on pants vary.
Mar 3, 2015, 1:34 PM EST
Also: there is baseball — honest to goodness baseball — on TV right now.
Mar 3, 2015, 12:30 PM EST
As a man who knows from hanging around in loungewear all day, I can tell you: this is cool.
Mar 3, 2015, 12:06 PM EST
Not exactly a ringing endorsement, but whatever.
Mar 3, 2015, 11:32 AM EST
Will he be the same Tanaka this spring?
Mar 3, 2015, 11:03 AM EST
The million a year helped, but Chamberlain’s son provided the definitive push back to Detroit.
Mar 3, 2015, 10:48 AM EST
Mets general manager Sandy Alderson was asked about a Dillon Gee trade rumor that made the internet rounds Monday night.
Mar 3, 2015, 10:30 AM EST
Which would be a little ahead of schedule.
Mar 3, 2015, 10:10 AM EST
Dozier is making the minimum salary for this season and would then be under team control via arbitration for 2016-2018.
Mar 3, 2015, 10:00 AM EST
The Daily News is gonna Daily News
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 307
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (307)
- Curt Schilling lowers the boom on some men tweeting threats against his daughter (133)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)