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.”
May 27, 2015, 9:01 PM EDT
Cardinals first baseman Matt Adams tore his right quadriceps muscle Tuesday while legging out a double.
May 27, 2015, 8:23 PM EDT
Santos had registered an underwhelming 4.73 ERA, 1.50 WHIP, and 15/7 K/BB ratio in 13 1/3 innings of relief this season for the Dodgers.
May 27, 2015, 7:18 PM EDT
Just call him Jimmy “The Jet” Paredes.
May 27, 2015, 6:25 PM EDT
Peguero was designated for assignment by the Rangers on May 20 after batting .186/.310/.414 with four home runs and nine RBI in 84 plate appearances.
May 27, 2015, 5:19 PM EDT
Adams was off to a slow start this season, but he’s hit .277 with a .770 OPS in 320 games for the Cardinals since debuting in 2012.
May 27, 2015, 5:09 PM EDT
Everything ends badly. Otherwise it wouldn’t end.
May 27, 2015, 4:34 PM EDT
A bad season for the A’s is starting to look worse.
May 27, 2015, 4:19 PM EDT
The incident is alleged to have occurred this past weekend.
May 27, 2015, 4:01 PM EDT
Crazy things are happening in Minnesota.
Felix Hernandez and Chris Archer dueled. Chris Archer, by one measure, pitched better. Felix Hernandez won.
May 27, 2015, 3:36 PM EDT
Game scores are interesting things. Wins — the team kind, anyway — are far more satisfying.
May 27, 2015, 2:30 PM EDT
And Missouri continues to represent well.
May 27, 2015, 2:18 PM EDT
De Aza played very well for the Orioles down the stretch last season.
May 27, 2015, 1:49 PM EDT
Verlander will start Sunday at Triple-A.
May 27, 2015, 12:50 PM EDT
Several reports last week had the Angels in the market for outfield help.
May 27, 2015, 12:36 PM EDT
“A multimedia show featuring a virtual Selig.” Yes, that’s actually a thing.
May 27, 2015, 11:50 AM EDT
He’s about 11 months removed from Tommy John surgery.
May 27, 2015, 11:19 AM EDT
Coke signed a one-year, $2.25 million deal with the Cubs this offseason.
May 27, 2015, 11:01 AM EDT
And you think my A-Rod trolling kung-fu is the best. Heck, I’m an amateur.
May 27, 2015, 10:47 AM EDT
Adams hurt his quadriceps while running out a double.
May 27, 2015, 10:30 AM EDT
He has three homers and is hitting .283/.353/.500 in 14 Triple-A games. At the age of 20.
- Cardinals GM John Mozeliak: Matt Adams out 3-4 months, possibly the year, with torn quad 1
- Bryce Harper leads in the first round of National League All-Star voting 26
- Buster Olney: The Marlins should hire A-Rod to be their next manager 43
- Breaking down the Braves-Dodgers trade 16
- And That Happened: Tuesday’s scores and highlights 34
- So that Juan Uribe trade to the Braves is back on … 11
- Ruben Amaro apologizes for comments about fans, admits he may have been late on rebuild 24
- Jonathan Lucroy expected to rejoin the Brewers on Monday 0
- And That Happened: Wednesday’s scores and highlights (133)
- And That Happened: Thursday’s scores and highlights (96)
- Ichiro Suzuki passes Babe Ruth on the all-time hits list (76)
- And That Happened: Monday’s scores and highlights (71)
- Ruben Amaro dismisses fans who “bitch and complain” about the Phillies’ moves (71)