First Pitch

First Pitch: Are the Free Agent Deals Really That Crazy?

First Pitch: Are the Free Agent Deals Really That Crazy?

We've seen some crazy deals this off-season. Angel Pagan received four years and $40 M. Shane Victorino signed today for three years and $39 M. You could even argue that Russell Martin's two years and $17 M deal seems high.

I started looking at the deals that have been signed this year, comparing them to last year. My theory was that this year would produce a higher cost per WAR, all due to the additional revenue that will be pouring in to Major League Baseball in the next few years with the new TV deals. I was surprised to find out that I was wrong.

I looked at the position players from 2011 and 2012 who received $3 M or more per year. The $/WAR figures for each year:

2011: $3.42 M/WAR

2012: $3.13/WAR

It's important to note that there are some big players who haven't signed. Josh Hamilton is still out there, along with Adam LaRoche and Nick Swisher. But I doubt they're going to drive the average up to a significant increase over the 2011 average. Note that I only focuse...

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First Pitch
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Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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