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.”
Sep 1, 2015, 12:51 AM EDT
Ruggiano will provide some depth with Yasiel Puig and Enrique Hernandez on the disabled list.
Sep 1, 2015, 12:37 AM EDT
The Giants made a last-minute deal before the waiver trade deadline expired, picking up outfielder Alejandro De Aza from the Red Sox.
Aug 31, 2015, 11:35 PM EDT
Miller could use a little bit of luck these days.
Aug 31, 2015, 10:12 PM EDT
Olt was designated for assignment after the Cubs acquired Austin Jackson from the Mariners.
Aug 31, 2015, 10:00 PM EDT
Enrique Hernandez has begun to take away playing time from the struggling Joc Pederson in recent days, but now the Dodgers will have to make due without him for a while.
Aug 31, 2015, 9:43 PM EDT
Gomes, 34, is batting .221/.325/.364 with seven home runs and 22 RBI over 83 games this season.
Aug 31, 2015, 8:45 PM EDT
CC Sabathia was shut down earlier this month due to an arthritic condition in his right knee.
Aug 31, 2015, 7:53 PM EDT
Kiermaier makes a leaping catch to rob Manny Machado of a home run.
Aug 31, 2015, 7:04 PM EDT
Marco Gonzales is expected to start in his place Tuesday.
Aug 31, 2015, 7:00 PM EDT
De Aza is batting .292 with 18 extra-base hits (including four home runs), 25 RBI, and an .831 OPS in 60 games since joining the Red Sox in June.
Aug 31, 2015, 6:21 PM EDT
Jackson, an impending free agent, is batting .272/.312/.387 with eight home runs, 38 RBI, and 15 stolen bases over 107 games this season.
Aug 31, 2015, 6:05 PM EDT
The Astros will have their young phenom back at shortstop tonight against the Mariners.
Aug 31, 2015, 5:04 PM EDT
Color me dubious.
Aug 31, 2015, 4:25 PM EDT
He hasn’t played since last Wednesday and now will miss at least the next three games.
Aug 31, 2015, 4:00 PM EDT
He was on the hot seat back in June. What a difference a couple of months make.
Aug 31, 2015, 3:51 PM EDT
Aug 31, 2015, 3:40 PM EDT
Ramirez has a nagging shoulder injury.
Aug 31, 2015, 3:10 PM EDT
Actually, the fastest wiener is boring. You want to see the wiener which runs free.
Aug 31, 2015, 1:13 PM EDT
And Buck Showalter is uniquely unimpressed with Fenway Parks dimensions.
Aug 31, 2015, 12:28 PM EDT
Thats one way to do it. Not a way likely to bring success, but certainly one way to do it.
- Cubs acquire Austin Jackson from Mariners 21
- Unknown Cuban ballplayer sleeps outside of Dodger Stadium, hoping for a tryout 31
- And That Happened: Sunday’s scores and highlights 74
- Jake Arrieta no-hits the Dodgers with 12 strikeouts 32
- Blue Jays will name Mark Shapiro as the new team president 31
- Lance Lynn expects to make next scheduled start despite suffering ankle injury Saturday 2
- Cubs expected to call up Javier Baez on September 1 6
- Settling the Score: Saturday’s results 13
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (266)
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (201)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (170)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (134)
- Phillies announcer calls Mets fans “obnoxious” (124)