zeke
The Dube Abides
- Mar 14, 2005
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Its simple opportunity cost. Though some teams can overcome it (i.e. the Dodgers with Adrian Gonzalez), it may cost others (i.e. the Angels with Albert Pujols). Just to be clear "dead money" to me is not only players still being paid when they're off the roster (i.e. Crawford with LA), but overpriced veterans contributing well below their price tag.
I mean yes there's opportunity cost. obviously not getting good value for your money hurts.
But at the same time I think the opportunity cost of spending midmarket money on lesser players is severly underrated. For instance, the opportunity cost of wasting money on Morales and Pearce last year - not only their negative value, but the clogging of the bottom of the roster which limited our ability to get more value from cheaper players. i.e. with some luck we could have found some cheapo kid or pickup to give us 1war in those spots for minimum. So in some ways the opportunity cost of wasting $20m on morales/Pearce is even worse than having similar dead money at the top of the payroll.