Well he wasn't asking if enterring the IFA market was a good idea or a waste of his HBD payroll dollars. Once you enter it, if you're not prepared to drop at least $14 mil in IFA scouting, plus another $16 mil + in prospect payroll, then you're unlikely to get the stars of the IFA market in a "normal" season. That's at least $30 mil spent to acquire 1 player, of course the payoff, if you stick around long enough is that you'll get roughly 5 cheap years before they become have an "expensive" arbitration case, then another 6 seasons (1 arb, 1 (5) year deal) at his initial asking price (which is either undermarket falue if he's a star, or over market value if he's just a piece)
$30 mil out of $185 is too much for some players, for other's its not nearly enough. No sense in arguing that. However, once you've jumped in, as the starter of this thread already has, there's no looking back, otherwise you're really ******* away money on your IFA scouting and budget transfers.
Personally, I think he's worth it, even if its early. Since its early there is likely to be a player on the IFA market that is as good or better. If its a starting pitcher, SS or CF then they have more "value" in my mind, so you may get more value out of that $20 mil elsewhere, however there are no garuntees. A lot depends on your situation, perhaps you're stacked w/ young pitchers, and you need a few bats to round things out. This guy will have an OK eye, great contact, solid vs righties, very durable, and decent speed. Should be an excellant leadoff man with a little bit of pop and potentially gold glove defense at 3b. You can do a lot worse in the IFA market. Additionally, what kid of budgets do others have for IFAs? Are there several teams with $14 mil + in IFA scouting, with $20 mil in prospect payroll (plus more to move over when needed)? In that case, even if someone with more value comes along you may not have enough coin to bring them in. However, if you're in a world where very few teams are invested in the IFA market, then passing on this guy may well net you 2 very solid players in return, perhaps one w/ more power, or middle to top of the rotatin pitcher. Unless you know what's coming down the IFA pipeline this season, this may be the best player you see.
Its always a risk to jump in big, early in the IFA market, unless the guy is sure fire all star, potential hall of famer, but there's also risk in waiting to long and risk seeing nothing but role players and minor league lifers. Personally, I'd have no problem dropping $20 mil on that guy, knowing it was the only IFA of significance I'd have (provided I had enough left over for the draft). A bird in hand is better than 2 in the bush.