Tuesday, February 15, 2011
Trading Albert Pujols?
Albert Pujols, in 2011, is playing at a discount. A deep discount. Albert Pujols, from 2012 to whenever he retires, will sign a fair market-value contract. He’s worth 250MM$, and his mortgage will be for 250MM$ (or 225/225, or whatever he will sign for).
Mark Teixeira is overpaid by about 30MM$. Though you can construct a reasonable case that makes Teixeira properly paid. He’s got a 135MM$ mortgage on a property worth 135MM$. Maybe.
Ryan Howard? Forget it. He’s huge overpaid.
Pujols for Teix? Even if it makes sense from 2012-onward, Pujols in 2011 is playing at a huge discount. The Yankees will have to fork over alot more than just Teix. And Teix cannot ask for a contract extension either. That would really tilt things way over to the Yankees side.


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