So you pick one random example and throw in one WARP stat....and all of the sudden "it's not the market"?How much did Carlos Lee get paid this offseason? What's his WARPHow much is Johnny Damon making? What's his WARPHow about Carlos Beltran? What's his WARP(by the way, these are all outfielders.....two of whom play center field, same position as Byrnes....not first baseman)But if you want to compare free agent signings, how about Barry Zito....what's he making?The market is defined by what's out there, not WARP. Plus, there are intangibles that Eric Byrnes add to this team. He would have made more money as a free agent. This was a fine signing by the team. We can bring up this discussion again in the offseason thread when stupid money is paid to free agent outfielders who are not as good or young as Byrnes.
A lot of players you mentioned signed notoriously bad contracts. Outfielders are worth more than 1Bs, since essentially anyone can play 1B.Damon was a much better player than Byrnes was and signed a 4 year $52MM contract following a season where his WARP was 5.6. Since then, he has been paid approximately $22MM from the Yankees in exchange for 7.5 wins, or about $3M a win.Carlos Lee signed a 6 year $100MM contract even though he sucks.Carlos Beltran parlayed a fantastic 2004 postseasons into a seven year $119MM contract ($17MM/yr). He has since contributed 20.5 wins to the Mets at a pricetag of about $46MM, or LESS than $2.5MM per win.Barry Zito is making $18MM a year, and was a below average pitcher even before he signed the contract. The Giants are in last place for a reason. Gil Meche, whose 5 year $55MM got much more press this offseason, has been at least an above average pitcher over the past two years.Yes, the market is defined by what's out there, but owners act irrationally in signing these big name players at high costs, when they forego fewer than 4 games a season for the $10MM they're paying. The D-Backs have three young outfielders baseballprospectus rated as "excellent" prospects before the season. Since Young and Upton will put up much better numbers over the next three years than they did this year, the loss of Byrnes would have likely barely been felt in the outfield. Last, the D-Backs are wildly overperforming this year, and should come back down to earth next season. With the playoffs further out of reach next year, each incremental win is worth less and less.