Over the past decade or so, there is an increasing volume of analysis that essentially rips almost every single free agent signing or trade. The analysts usually conclude that teams overpaid for a certain player and that the risks always outweigh the potential benefit. But, that ignores the reality of free agency and the open market. The market is almost always going to lend itself to inflated salaries. Teams interested in a player’s services are always going to have to pay more as supply never really seems to catch up in demand. And, you could talk about cost per win and all that, but the truth is that dollars don’t really matter all that much in free agency.
Somewhere along the line, analysts have become obsessed with the salary of a player. It isn’t wise for a team to commit 30 to 40 percent of its salary to one player, but those particular teams don’t typically do that. A player’s salary is largely irrelevant even though we like to discuss them and hold them over their heads when they don’t perform.
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