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 7, 2014, 11:20 PM EST
Billy Hamilton hit .368 in 22 plate appearances in September last season, but some in the know say that Hamilton will struggle to hit in the Majors. In his first season against Triple-A competition last season, Hamilton hit .256 with a .308 on-base percentage and a .343 slugging percentage. Hamilton’s signature has always been his…
Mar 7, 2014, 10:30 PM EST
Marco Scutaro was scheduled to make his Cactus League debut on Sunday or Monday, but his back problems are persisting and now the Giants are keeping him out for the time being, Alex Pavlovic reports for the Mercury News. Manager Bruce Bochy says that if Scutaro isn’t ready to go at the end of next…
Mar 7, 2014, 9:20 PM EST
You might not guess it by looking at him, but Jayson Werth is a very good base runner. The 34-year-old veteran has stolen 37 bases in 43 attempts in three somewhat injury-plagued seasons with the Nationals. In his prime with the Phillies, under the tutelage of first base coach Davey Lopes, Werth stole 60 bases…
Mar 7, 2014, 8:10 PM EST
Earlier, we learned that the Phillies might have checked in with free agent starter Ervin Santana. But, wait! There’s more Ervin Santana news. Ken Rosenthal of FOX Sports is hearing from sources that Santana wants to sign a one-year deal as quickly as possible, preferably with a strong offensive team. Rosenthal adds that the Blue…
Mar 7, 2014, 7:05 PM EST
Deep into the off-season, Ubaldo Jimenez, Nelson Cruz, Stephen Drew, Ervin Santana, and Kendrys Morales were still free agents despite being productive players last season. Jimenez and Cruz recently signed with the Orioles, but the latter three still remain unsigned with the regular season just weeks away. All five rejected $14.1 million qualifying offers from…
Mar 7, 2014, 6:00 PM EST
The Phillies are reeling after Cole Hamels suffered a setback, pushing his 2014 debut into May most likely. They’re thin on starting pitching depth even after adding A.J. Burnett last month. As a result, they have checked in with Ervin Santana according to Nick Cafardo of the Boston Globe. Or maybe not. Matt Gelb of…
Mar 7, 2014, 4:17 PM EST
Oliver Perez is one of the best unsigned free agents and Ken Rosenthal of FOXSports.com says that’s about to change, reporting that the left-handed reliever is close to a multi-year deal with the Diamondbacks. Arizona had already invested an awful lot of resources into the bullpen even before bringing in Perez, who went from being…
Mar 7, 2014, 3:50 PM EST
Angels right-hander Dane De La Rosa went for an MRI exam after getting knocked around and being pulled from his appearance Thursday, but the initial news is good. Alden Gonzalez of MLB.com reports that the MRI exam showed no structural damage and De La Rosa is hopeful that he can avoid beginning the season on…
Mar 7, 2014, 2:44 PM EST
Reds second baseman Brandon Phillips isn’t talking to the Cincinnati media, but he’s willing to talk to the national media and willing to talk to the national media about why he’s not talking to the Cincinnati media. Case in point, this Phillips quote to Anthony Castrovince of MLB.com: I don’t have nothing to say to…
Mar 7, 2014, 2:00 PM EST
Bad news for Royals fans. And for Luke Hochevar, of course: Hochevar, the 30-year-old former No. 1 overall pick, felt a twinge in his elbow on Monday. On Tuesday, he felt soreness in the joint, and an MRI revealed his condition, which also includes strained muscles around the elbow. On Thursday, he was scheduled to…
Mar 7, 2014, 1:30 PM EST
Because of course he is: In Jeter’s retirement call, Hal Steinbrenner said he said, “I know everybody says this, but I feel like I’m in the best shape of my life.” — Jack Curry (@JackCurryYES) March 7, 2014 Guess that means Brendan Ryan isn’t going to get as much playing time as he hoped.
Mar 7, 2014, 1:10 PM EST
Brad Penny‘s comeback attempt didn’t last very long, as the Royals just released the 35-year-old right-hander. Penny didn’t pitch in the majors at all last season and hasn’t been effective since 2010, when he made nine good starts before getting hurt. Since then he has a 5.41 ERA in 210 innings and Penny got knocked…
Mar 7, 2014, 12:30 PM EST
FORT MYERS — I have seen the future of spring training complexes, and its name is Jet Blue Park. Or maybe it’s not the future, because frankly, I’m not sure who else is going to shell out the kind of dough this place likely cost besides big money teams like the Red Sox (or the…
Mar 7, 2014, 11:50 AM EST
By now, most baseball fans know the story of Tommy John surgery. In 1974, John — a solid pitcher for a decade — blew out his elbow while pitching for Los Angeles against the Montreal Expos. “Blew out his elbow” is not a medical term, of course, but there was no need for medical terms…
Mar 7, 2014, 11:19 AM EST
A whole lot of people said a whole lot of good things about the Nationals’ trade to acquire Doug Fister from the Tigers, but now there’s this: Fister was scratched from today’s scheduled start and sent for an MRI exam after complaining of elbow soreness. No structural damage was found during the MRI exam and…
Mar 7, 2014, 10:47 AM EST
Paul Hoynes of the Cleveland Plain Dealer checks in with an update on Carlos Santana‘s progress trying to transition from catcher to third base and … well, it ain’t going perfectly: Right now, Lonnie Chisenhall and every other third basemen in camp look better than Santana when it comes to defense. No.1 Santana hasn’t gotten…
Mar 7, 2014, 10:15 AM EST
Mariners third base coach John Stearns was expected to miss the early part of the season after undergoing hiatal hernia surgery last week, but instead he’s decided to step down from the job altogether. Stearns explained that he felt it would be unfair to the players and coaching staff to reclaim the position in mid-April…
Mar 7, 2014, 9:59 AM EST
A friend of mine once said that this profession is filled to the brim with unrealistic mother[expletives]. Mother[expletives] who thought their [expletive] would age like wine. If you mean it turns to vinegar, it does. If you mean it gets better with age, it don’t. Exhibit A, Manny Ramirez, who said this to Enrique Rojas of…
Mar 7, 2014, 9:42 AM EST
Just about every ballpark you go to plays that Blake Shelton song, “Boys ’round here” during warmups or batting practice: Yeah the boys ’round here Drinking that ice cold beer Talkin’ ’bout girls, talkin’ ’bout trucks Runnin’ them red dirt roads out, kicking up dust The boys ’round here Sending up a prayer to the…
Mar 7, 2014, 8:49 AM EST
CC Sabathia has a new trick in his bag: Andy Pettitte did more than simply watch CC Sabathia‘s bullpen session on Monday. The guest instructor actively instructed, primarily helping to teach Sabathia a cut fastball, something the Yankees’ ace hopes to add to his repertoire this season. “He was showing me a grip with the…
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