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
It's important to note that there are some big players who haven't signed...
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