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Tuesday, September 13, 2011
Chris Carpenter: money on the table?
When I saw the deal, it was interesting. You have someone who at age 34 was one of the best pitchers, if not the best. At ages 35-36, he was above average.
How much do you pay this pitcher for ages 37 and 38? Pavano, a bit younger and somewhat worse signed for 2/16.5. Pineiro close to that. Pettitte, a bit older, a bit worse, signed for 1/12.
So, thinking about this for the first time, I’d say a one-year deal would probably be 1/14 or so. A second year probably worth 11 maybe? So, 2/25 would have been my quick take without doing any kind of analysis. He signed 2/21, and Eno is arguing he might have left 10MM on the table. That’s possible. Maybe a 16MM the first year and 14MM the second year? Sure, possible.
I agree that he left something on the table.
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