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Monday, December 20, 2010
Greinke: Two years of undervalued asset
MLB has a pretty standard method of trading for one year (or less) of an undervalued asset: three prospects, one of which has to be pretty good. You look at Halladay, Cliff Lee (both times), Adrian Gonzalez, and all the way down the line, it follows a similar formula.
But, two years of undervalued asset? You would think, well, why not twice the haul? Presumably, one of the reasons you trade for a player one year from free agency is that you have the chance to sign him to an extension at a discount. So, rather than twice the haul, maybe you only get 1.5 times the haul.
So, my question to you guys: was Greinke really traded as an asset that was undervalued for two years, or was he traded as if he only one year remaining? And, don’t forget that including Betancourt, the Royals got a “reverse negative” deal on it (you got someone else to pick up the mortgage on a house, whose mortgage was greater than the value of the house).
And, if you really think the Royals didn’t get enough, why would the other 28 teams not give them more?
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