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SSI doesn't often link to videos, but here's a 5-minute panel worth your Denizen Dime. Brian Kenny argues on MLBNow that teams should never sign $100M deals and "I mean never." The question seems kind of frivolous at first take, but ... nobody has signed yet, right? That's a fact.
Some analysts are saying, they're done --- > until next winter, when the really irresistible free agents hit the market again. Is Dr. D remembering this wrong, or didn't the owners do a pretty good job resisting super long deals until about the time Manny Ramirez (and then ARod) hit the market? Seems it took the REALLY tempting guys, the Kershaw types, to draw out the decade-long contracts. Correct me if I'm wrong.
This year you got 2nd-tier guys, you got cost control momentum, you got Scott Boras with a market glut of the impact players, and so forth. Also, it's possible for MegaDeals to not quite be "over" and yet for us to still see a TREND against monster 10-year, $240M transactions.
The point, of course, is that if we can't hope for Ohtani any more, maybe we can at least dream a little longer about Jake Arrieta. :- )
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What USSM took so long to realize -- not trying to be snarky -- and what 30 GM's have known since at least 1979 -- was that a team does well to "overpay" real stars because those stars often FAR overperform their salaries early in the deal. The deal looks bad later, true, but so what? It's not like these corporations don't have accountants to move money back and forth in time.
Just how much do you think Aaron Judge was worth last year, in bases gained and bases lost? We'll give you a second. Think it over and take a guess.
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Judge was worth $66 million.
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Here is the list of 2017 stars - just the batters - by money EARNED (not received). You will find about ten of them over $50M and about twenty of them over $40M.
Here's the list of 2017 pitchers by $$ value. Sale and Kluber were both $60M-ish, there are plenty of stars making half their value. Guess who was worth $25M? Mike Leake. :- ) Whoops! I always forget to remove the "qualified by IP" criterion ... James Paxton, $37M in his 2/3 a season.
When Jerry Dipoto calls free agency a "long, dark hallway" he is simply mistaken or (more probably) he is exaggerating to make a point; remember Arte Moreno grabbing Josh Hamilton and Albert Pujols over Dipoto's objections. Even Robinson Cano, an apparently obvious example of an overpay, has been worth $130M worth of bases in 4 years and will end up at $200M or more by the time he's done. That's not exactly a tragedy. And the $200M finish is assuming he declines from his "meh," injury, 2017. If Robby has any kind of renaissance at all, he's going to sail by $240M. In 2016, he was worth $47M.
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So as much as Dr. D likes and admires Brian Kenny, he's forced to take the other side of this one. And if Arrieta's terms come down towards the 5-, 6-year range, let's not be all too quick to call it irrational. :- ) If a MegaDeal is 5 years x $20M, count me in on Arrieta.
BABVA,
jemanji
P.S. it's part of SSI's job to weed links for yer. Here is a reallly tight ESPN piece on Jay-Z declaring Scott Boras "over" as a big time agent. The piece is several years old which makes several parts of it worth even more of a smile. Did you know Scott Boras was rich? $175 million.