Wednesday, November 15, 2006
Market Value
Free agency is not “market value”. The market is made up of free agency, and arbitration-eligible players and slave wages. Just because the free agent price is 4 million$ per marginal win (i.e., an average player who is a free agent would make 8 million$, plus an extra 4 million$ for every win above average) does not mean you have to pay for that. Here’s everything I wrote on a recent USSM thread discussing Richie Sexson:
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