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Showing posts from December, 2009

Barely Winter, No Discontent

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The Red Sox have created flexibility this winter and a fair degree of media silliness. Let's examine some flexibility and silliness. Dan Shaughnessy accused management of parsimonious behavior suggesting that the Sox were trying to rebuild on the cheap. "Nothing easier than spending somebody else's money, eh?" Silliness. The Sox acquire outfielder Mike Cameron. Exit stage left, Jason Bay. As mentioned before, the "Winner's Curse" means overpaying, just because other people are bidding for merchandise. We all recognize that in an industry where the AVERAGE salary (not just AVERAGE player) gets around three million dollars, there's a lot of overpaying. Cameron has always been a terrific defender, has some pop, and strikes out a lot. It's what you're doing when you don't strike out that counts. Flexibility. Here's the top 20 career list in strikeouts...some pretty good players on the list. Casey Kelly is highly regarded throughout baseba...

Baseball Meetings

As terrific as Roy Halladay is, does he merit something approaching 20 million dollars annually, and the loss of several top prospects, e.g. Buchholz and Kelly? If I'm ownership, I can't go in that direction. Yes the Sox need a right-handed bat, and there are a few directions there, including Adrian Beltre. Whether Mike Lowell can handle the full load next year can't be known to Sox fans, and Beltre has considerable pop in his bat. The Sox are rumored to want to lock up V-Mart heading into his contract year. Jason Bay? The news all seems negative, from money to location, and J-Bay looks like he's earned a Godfather contract, although the 5-6 week stretch of distress against breaking stuff away mid-season gives me concerns. Among the possible pitchers, the best 'bargain' could be Justin Duchscherer, a former Sox farmhand, who has had health issues. Sure, you have the tantalizing Rich Harden, he of the DL, and Ben Sheets, ditto. Reportedly, Brad Penny has found a ...

Market-Based Thinking; Caveat Emptor, Theo.

Whatever we might think about the Red Sox, they aren't cheap. But in the baseball landscape, you have two currencies, players and greenbacks. The Sox have a variety of intriguing bargaining chips (relatively low-salaried players under extended obligation) including Clay Buchholz, Daniel Bard, Ryan Westmoreland, Casey Kelly, Ryan Kalish, and more. If we use the commodity business as a model, then the Sox have a certain 'book value', budgeted salary plus the "proven reserves" model used in mining. Of course, the proven reserves aren't so proven, but if they are assigned a 'value', trading them for high-salaried players depletes your future in both salary obligation AND in projected value. In other words, mortgaging your farm system to acquire 'expensive' stars makes you pay twice. For the Yankees, the bottomless money pit, spending 29 percent of free agent dollars in the past couple of seasons (per an ESPN article), that's simply business as ...