Today I was looking over the early free agent signings, trying to get an idea of how much free agents were getting paid per win this off-season. In the past, free agents usually received $4-5 M per win, with the $5 M total coming in recent years. The idea floating around is that free agent prices will be going up this off-season with the new National TV revenue kicking in. My theory before looking at the free agents who have signed was that they would be getting more than $5 M per win. After looking over all of the numbers, I was surprised to see that players are still getting close to $5 M per win. It just comes with a catch for each player, which I detail below. If you want to skip over the part where I show my work, and get right to the summary, that's below.
Tim Lincecum (2 years, $35 M)
Lincecum didn't hit the open market, but the Giants gave him a two-year, $35 M deal. In the last two years, he's been worth a total of 2.5 WAR combined. I'm sure the Giants were thinking he'd...
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.