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.”
Apr 20, 2014, 11:35 PM EDT
J.J. Hardy thought extension talks with the Orioles would have already been underway, but the club has been silent on the matter.
Apr 20, 2014, 10:55 PM EDT
Ryan Howard is one of the more unlikely candidates to hit for the cycle, but he was one friendly scorer away from the achievement on Sunday against the Rockies.
Apr 20, 2014, 10:05 PM EDT
You’ll be seeing this play at the end of the season when the season’s wackiest plays are reviewed.
Apr 20, 2014, 9:10 PM EDT
Oh, nothing, just Dexter Fowler being coached by arguably the greatest hitter in baseball history.
Apr 20, 2014, 8:25 PM EDT
Ryan Braun likes hitting in the state of Pennsylvania.
Apr 20, 2014, 7:55 PM EDT
Jeff Francoeur is known for his arm, but who knew he’d be useful as a pitcher?
Apr 20, 2014, 7:15 PM EDT
The Red Sox and Orioles teamed up for a touching tribute at Fenway Park on Sunday.
Apr 20, 2014, 6:58 PM EDT
40-year-old Bobby Abreu is expected to join the Mets on Monday.
Apr 20, 2014, 6:00 PM EDT
Chipper Jones is not a fan of Carlos Gomez.
Apr 20, 2014, 5:20 PM EDT
Dodgers ace Clayton Kershaw threw a 51-pitch, three-inning simulated game on Sunday in Los Angeles and could soon be cleared to embark on a minor league rehab assignment.
Apr 20, 2014, 4:12 PM EDT
The Cardinals have decided on a fill-in for starting pitcher Joe Kelly, who was placed on the 15-day disabled list Thursday with a strained left hamstring that he suffered Wednesday while trying to beat out a groundball. It’ll be 26-year-old lefty Tyler Lyons.
Apr 20, 2014, 3:07 PM EDT
A pretty vicious brawl just went down at PNC Park after Carlos Gomez of the Brewers went into home run celebration mode after slugging a Gerrit Cole pitch to the top of the center field wall …
Apr 20, 2014, 2:43 PM EDT
As first relayed by FOX Sports’ Ken Rosenthal, the Twins have claimed outfielder Sam Fuld off waivers from the A’s. Fuld was designated for assignment by Oakland last Saturday.
Apr 20, 2014, 1:51 PM EDT
MLB.com’s Carrie Muskat reports that Cubs top shortstop prospect Javier Baez is back in the lineup Sunday afternoon at Triple-A Iowa after missing a little over a week with soreness in his left ankle. He’ll serve as Iowa’s DH initially.
Apr 20, 2014, 1:08 PM EDT
Yankees first baseman Mark Teixeira is recovered from his Grade 1 right hamstring strain and is starting Sunday for the first time in over two weeks.
Apr 20, 2014, 12:14 PM EDT
The Tigers acquired Alex Gonzalez from the Orioles in late March after losing Jose Iglesias for the year and the veteran shortstop smacked a walkoff RBI single for Detroit on Opening Day. But he managed just three hits in 28 plate appearances after that and was officially released from the 25-man roster on Sunday.
Apr 20, 2014, 11:30 AM EDT
Jose Valverde allowed three runs in an inning of work Saturday night against the Braves — the latest in a string of rough outings. So manager Terry Collins decided Sunday morning to make a change …
Apr 20, 2014, 10:49 AM EDT
Yankees starter Ivan Nova has been diagnosed with a partially-torn ulnar collateral ligament in his right elbow — an injury that almost always leads to Tommy John surgery.
Craig Kimbrel struggles in return from right shoulder issue, apologizes for reaction to being pulled
Apr 20, 2014, 10:15 AM EDT
Craig Kimbrel was called on Saturday for the first time since complaining of discomfort in his shoulder last Monday. The appearance did not go smoothly.
Apr 20, 2014, 9:37 AM EDT
Watch as Angels first baseman Albert Pujols moved to within two home runs of the big 500-homer milestone on Saturday afternoon against Tigers closer Joe Nathan …
- Boston Marathon heroes remembered with pregame ceremony at Fenway Park 7
- Benches clear in Pittsburgh after the Brewers’ Carlos Gomez bat flips a third-inning triple 155
- Yankees activate Mark Teixeira from the disabled list 4
- Ivan Nova diagnosed with a partially torn ulnar collateral ligament in his right elbow 30
- Settling the Score: Saturday’s results 35
- Hank Aaron is getting vile racist hate mail in retaliation for pointing out that racism still exists (248)
- “They Don’t Know Henry” (167)
- Benches clear in Pittsburgh after the Brewers’ Carlos Gomez bat flips a third-inning triple (159)
- Doug Glanville’s story about being racially profiled at his own home (127)
- There is still a racial divide in baseball (112)