Posted by deanod on 11/22/2011 7:11:00 PM (view original):
Posted by topoftheworl on 11/22/2011 6:45:00 PM (view original):
Posted by deanod on 11/22/2011 6:18:00 PM (view original):
lol i thought the title said "pray" because i've been arguing about tim tebow too much lately.
i'd definitely go above $3M, that's such an arbtirary cutoff. it all depends on so many things
1) how much prospect payroll do you have (including transfer potential)?
2) how much prospect payroll does everyone else have?
3) how many days are left in the minor league regular seasons?
You are right of course about $3mil being a an arbitrary cut off and I shouldn't argue with a man with 9 x more WS championships than me. I thought about $4 million too, but I feel pretty comfortable I am in the right ballpark.
It seems to me there is only two approaches that make sense when looking at IFA. #1 Exploit scarcity. #2 Exploit market irrationalities. There is a scarcity of superstars so there is almost no price too high for a true superstar. If its a non-superstar than it only makes sense to hunt for bargins since the draft will get a player for generally less bonus money and ML FA will generally get a guy more ready to help the ML club immediately. Paying full market value for the 14th best player on your ML team is a lot to pay IMO. At 3-4 mil I would feel like I got a deal on a ML player who will never make a single all-star game. Still, I will read the other comments in this thread as I still consider myself closer to a beginner than a vet.
i think he'll make an all-star game.
he may not make 10, but i'd figure he'd make 2 or 3 over his career. i've seen easily worse SS's go for $5M+ year on the FA market, so why cut it off at $4M?
it doesn't matter how it "feels" to you, because your feelings are probably wrong (no offense, speaking generally here). what matters is whether X dollars of prospect payroll is more valuable than the rights to this guy. if the answer is yes, don't bid that amount. if it's no, then do bid that amount. the answer might actually be no in this scenario since he can outbid anybody, but if there were like 7 people with high prospect budgets than me i'd pay as much as it takes to get him.
.260 5 HR's 60 RBI 3 SB with GG defense is not a throw away commodity I grant you, but I can not give you that with that Vs. L, P, BE, and speed will ever be among the top 2 SS's in the league. I know you get in trouble when you start comparing to RL, but even if we grant him Omar Vizquel defense (11 GG's), Omar stole over 400 bases and has a life time average in the .270's if memory serves and he only made 3 all star games. This guy will not put up an average or steal numbers close to that and HBD has a tighter all-star process.
Second, just because others have paid $5 mil or even $8 mil for a similar SS in the past doesn't make it a good idea. I cut it off at what I still consider a good deal. A play like that is pretty fungible. No reason to follow the bidding all the way up. Just because he has a high prospect budget doesn't make it a good idea either. The opportunity cost of using say $7 million on a player that replacable is pretty significant. The type of IFA one can get for say 12mil in prospect budget is less than half as scarce as the kind of guy who is worth $20 mil from my experience (which I grant pails in comparison to yours).
I do not disagree with your third point. I accept that if 7 people have higher prospect budget than you and this is the best player you have a reasonable shot at that it makes complete sense to go all in. I just disagree that this will be the best player in any but a very limited amount of situations.