Tag Archives: free agents

Baseball’s Free Agency

27 Dec

Baseball free-agent classes are determined to be strong or weak based on the quality of the players available in a given off-season. What is sometimes lost in this assessment is that there is not a direct correlation between the quality of players available and the marginal return that player provides. For example Albert Pujols is sure prove a more productive signing this off-season than Casey Kotchman, but at 26 million a season versus an estimated 5 million, not more valuable.

To relate this to a different market, stock-brokers have proven no more effective at picking stocks than random selection; what this proves is Continue reading

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