We're gonna win the payroll efficiency championship, guys! Sensible flavored seltzers for everyone!I'm all about the lower AAV, but no way do I match this. Very happy for X, but happier we refrained.
That's one way to look at it and I won't mock you for it. I believe, perhaps incorrectly, that the Yankees and Padres will both regret both of these deals in 6-7 years. Wish we had locked him up sooner and avoided this, but it is what it is at this point.We're gonna win the payroll efficiency championship, guys! Sensible flavored seltzers for everyone!
True...but it didn't have to get to this point.I'm all about the lower AAV, but no way do I match this. Very happy for X, but happier we refrained.
What do you mean by "performative offer?" And when during the process does a "performative" offer take place, as opposed to one that actually reflects an effort to sign the player?The cries for a performative offer to close the gap with the Padres insane offer are baffling.
Total value is useless without the context of AAV. It also (indirectly) presumes that the Sox and the Padres were the only two teams in the negotiation.IDK about match, but certainly could come closer than within $100 million, which is how close they allegedly came.
I definitely don't disagree with this. The Spring offer we've heard about was insulting. Shouldn't have been made. That said, they should've wrapped him up long-term 6-7 years before Opening Day and chose not to, for whatever reason.True...but it didn't have to get to this point.
We should have had the foresight (we certainly have the resources) to lock this player up before a scenario like this would take place.
If you wait / delay...it's a prophecy that will self-fulfil. The player won't be worth the contract that one 'village idiot' is willing to bestow.
Plus, we're all dealing with rumors. Who knows what the real conversation was all along? I'm assuming we lowballed X and he and his team were disappointed/upset, but I think we could've and should've made an offer that resolved all this before Opening Day. I have no idea how close or far apart we were at the end, none of us really do, so I choose to just be happy for him and hope for some other big moves to surprise us all over the coming days/weeks.Total value is useless without the context of AAV. It also (indirectly) presumes that the Sox and the Padres were the only two teams in the negotiation.
Which is also what we should have done with Devers.I definitely don't disagree with this. The Spring offer we've heard about was insulting. Shouldn't have been made. That said, they should've wrapped him up long-term 6-7 years before Opening Day and chose not to, for whatever reason.
True. Their Last Offer may have been $100 million less. But was that their Best Offer? We'll never know if they were prepared to go up $50 million to match another offer but saw the Padres numbers and wished Xander well instead of throwing out a figure that wouldn't have been acceptedIDK about match, but certainly could come closer than within $100 million, which is how close they allegedly came.
Yeah I likewise have sympathy for the point of view that it's an overpay, so my mockery was overstated and I apologize for that. But what I've realized over the years is that:That's one way to look at it and I won't mock you for it. I believe, perhaps incorrectly, that the Yankees and Padres will both regret both of these deals in 6-7 years. Wish we had locked him up sooner and avoided this, but it is what it is at this point.
That would mean what in practical terms? Go to Scott Boras when, and with what offer? I'm not just making this point pedantically.True...but it didn't have to get to this point.
We should have had the foresight (we certainly have the resources) to lock this player up before a scenario like this would take place.
If you wait / delay...it's a prophecy that will self-fulfil. The player won't be worth the contract that one 'village idiot' is willing to bestow.
Do we know if they ever got the chance to match? The reporting so far suggests that they were so far behind the field that X didn't see a point in taking it back to them. 6/160 might have been a negotiating position, but it was a poor choice with so many other sharks in the water.True. Their Last Offer may have been $100 million less. But was that their Best Offer? We'll never know if they were prepared to go up $50 million to match another offer but saw the Padres numbers and wished Xander well instead of throwing out a figure that wouldn't have been accepted
Agreed -- but I think one question is whether the Red Sox FO/ownership think that they need to compete in that market to win.The Bogaerts contract is not an outlier; it is a reflection that the market for free agent talent has changed.
Thanks for the thoughtful post.That would mean what in practical terms? Go to Scott Boras when, and with what offer? I'm not just making this point pedantically.
Think it through - in order to buy out a "village idiot" free agency scenario, you actually have to buy it out. You have to give the player something of value to forgo free agency. Usually, that's the certainty of a large contract earlier in their career, less money than the FA market, but a hedge against injury or a (very very unlikely) downturn in the market. So, how much earlier and what exactly do you offer? (Assuming the player is even interested in that kind of thing.)
It seems to me that the Sox already did exactly that.
They agreed to a six-year, $120 million extension in 2019, with the then-26 year old Bogaerts. So they had some control for his age 27-33 seasons. One of the conditions (set by Bogaerts) was an opt-out after 2022, for his age 30 seasons onward, where his viability as a 30+ SS would likely have been established (or not.) If he was injured, or had to move off the position, he'd be getting $20M per year for his early 30s with the Sox. But if he wasn't, he'd have the option to become a FA and see what was out there. He might resign, or he might take the high offer in the market.
And Xander did that. He exercised his option. He saw what was out there. The village idiot came forward, and there's simply no way to avoid that scenario.
But the Sox did get 3 more prime years at a fair value. Mission already accomplished.
Doesn't this business model more or less depend on the Red Sox to, like, win?And anyone willing to defend these nerds and their algorithms - and this business approach (where the mature asset of the Boston Red Sox is funding growth for the assets to be scaled up - such as the Pittsburgh Penguins and soccer franchises) is totally off the rails and schillin' for ownership...either directly or indirectly.
The last sentence is the key...Sure. Why not? It's not my money. Teams give out bad contracts all the time. I'd rather pay through the nose for someone that I like watching play, seems like a decent guy who gets Boston, reap the rewards for a number of years, then for the Sox to get spooked by how pissed the fans* are (and they are) overreact and sign someone of lesser value and franchise importance to a crazy high deal to "prove" that they'll spend money too.
* Presuming that the Front Office/Ownership gives a shit--and I'm not sure they do.
No - I totally disagree.Doesn't this business model more or less depend on the Red Sox to, like, win?
Frankly, if the owners really are using the Red Sox to fund growth of other teams, it might have been a better decision to sign X - keep the Beloved Player; win 86 games; and keep the fans coming through the gates but never really compete for a championship. (I call this the "Washington Wizards" model of running a sports team.)
Foregoing established stars for lesser talent (but with more "potential excess value") has way more downside risk, which one would think the owners would forego if they weren't trying to win it all.
YMMV.
This may be ownership's and Bloom's WTF/the emperor has no clothes moment. All that empty talk of "Signing Xander is our top priority" proved to be only so much bullshit. And eventually people get wise to bullshit. Will anyone ever believe a word that Sam Kennedy says again? And all that happy talk of an improved minor league system and prospects wears thin when every home-grown star is either traded or is allowed to walk away. The group occupying the offices on Jersey Street has lost all credibility.Which is also what we should have done with Devers.
Every half-brained Red Sox fan could see the kid could rake. Two years ago, he should have been offered 10/$150M, last year 10/$200M.
Do you have any doubt that in the next Winter Meeting - some 'village idiot' is going to offer 10/$400M for a guy that is subpar defensively?
I don't.
And "that" is where Bloom (and ownership) has effed-up the core of this organization. And it's the reason why I find myself agreeing with Shank and Mazz for the first time in a decade about the direction of this franchise.
Bloom (and his bosses) deserve to get skewered. They deserve every single (!!!) criticism coming their way.
And anyone willing to defend these nerds and their algorithms - and this business approach (where the mature asset of the Boston Red Sox is funding growth for the assets to be scaled up - such as the Pittsburgh Penguins and soccer franchises) is totally off the rails and schillin' for ownership...either directly or indirectly.
I don't know, I think signing Xander was clearly their top priority, because they were deeply involved in negotiations. They made what they considered to be (and what the general SoSH consensus seemed to be) a market-value offer, and signaled a willingness to improve on it. Then another team came in and made a completely insane offer that, per the results of this poll, we agree represented a massive and unwise overpay.This may be ownership's and Bloom's WTF/the emperor has no clothes moment. All that empty talk of "Signing Xander is our top priority" proved to be only so much bullshit. And eventually people get wise to bullshit. Will anyone ever believe a word that Sam Kennedy says again? And all that happy talk of an improved minor league system and prospects wears thin when every home-grown star is either traded or is allowed to walk away. The group occupying the offices on Jersey Street has lost all credibility.
Thanks for "the village idiot" - that's perfect.Thanks for the thoughtful post.
If I concede that the scenario - pertaining to Xander - was unavoidable (and correctly strategized)...
What would "you" have done last year or this year in the current Devers scenario (which is sure to play out the same way --- if we have the same strategy)?
It may not be your money, but it's not an infinite pool of money, either. The league has a soft cap, and only one out of 30 teams seems willing to ignore it. If you want to argue that the Red Sox should be the second, I'll sign that petition. But until that happens, Sure, why not? is a self-defeating approach to budgeting.Sure. Why not? It's not my money. Teams give out bad contracts all the time. I'd rather pay through the nose for someone that I like watching play, seems like a decent guy who gets Boston, reap the rewards for a number of years, then for the Sox to get spooked by how pissed the fans* are (and they are) overreact and sign someone of lesser value and franchise importance to a crazy high deal to "prove" that they'll spend money too.
* Presuming that the Front Office/Ownership gives a shit--and I'm not sure they do.
I completely agree with point number 1 - deals signed for big dollars just a few years ago look respectable now, so these AAVs should look much better in a few years. I also think number 2 is important to keep in mind. Unless the FO is looking to shed payroll and sell the team (possible, but I don't think so), they'll likely take that money and put it into other more reasonably priced players. Then again, they may choose to hoard the money and put out replacement level players. We won't know for at least a few weeks and we can get upset at that time.Yeah I likewise have sympathy for the point of view that it's an overpay, so my mockery was overstated and I apologize for that. But what I've realized over the years is that:
1) The accelerating economics of baseball mean that something that looks like an overpay will look sensible in 5 years and cheap in 10
2) You have to evaluate these decisions in terms of opportunity cost. Who else could we get with that money? Are we in fact going after them? Where are the undervalued (pre-FA) assets and how much do we buy into them?
It's very easy to call everything an overpay, and then run out there with scrubs and kids and get waxed in the AL East. The hard part is biting the bullet and admitting that it's better to overpay by 10-20%, or even more than that, in order to keep the wins at an acceptable baseline.
Right. But it's a soft cap where most of the penalties are financial. John Henry, multi-billionaire, can afford those penalties. He did it all the time in the past and now he's not. I don't know why, but it would be interesting to know what changed.It may not be your money, but it's not an infinite pool of money, either. The league has a soft cap, and only one out of 30 teams seems willing to ignore it. If you want to argue that the Red Sox should be the second, I'll sign that petition. But until that happens, Sure, why not? is a self-defeating approach to budgeting.
Well, most of the penalties are financial, but they eventually include taking away draft picks, and the financial penalties are harsh enough that 28 out of the other 29 owners, many of them also multi-billionaires, refuse to incur them.Right. But it's a soft cap where most of the penalties are financial. John Henry, multi-billionaire, can afford those penalties. He did it all the time in the past and now he's not. I don't know why, but it would be interesting to know what changed.
But he hasn't given an interview to a reporter in years, so who the hell knows.
He did it in the past because you could spend (in FA and the draft) to your hearts desire without repercussions) once the CBA added those caps, notice that both the sox and yankees stoped having FA bidding wars like in the past.Right. But it's a soft cap where most of the penalties are financial. John Henry, multi-billionaire, can afford those penalties. He did it all the time in the past and now he's not. I don't know why, but it would be interesting to know what changed.
But he hasn't given an interview to a reporter in years, so who the hell knows.
Awesome reply...it's posts like this that make me better / more informed. Really appreciate it.Thanks for "the village idiot" - that's perfect.
IMO, dealing with Devers, like everyone, is a two-way street.
So, let's put aside the specific money for a moment and look at the context an offer to extend gets made in.
There's one bucket where effectively no offer will get it done. Regardless of the press releases and semi-public leaked club/agent dance, Devers will test the FA market no matter what, and the Sox will only be able to resign him for the highest offer, which may or may not be a fair value in terms of what they'll get from Devers as a player. (Or like Judge, for something close to the highest offer, factoring in any ties Devers has to Boston, the city or to the club.)
There's another bucket where Devers is actually open to an extension. And in that bucket, it ranges from him being open to:
a) only something that's close to a village idiot offer.
b) something that's close to a "second tier FA offer" which'd be all those clustered under the village idiot outlier. Or the best guess at such.
c) something like the Xander compromise, that locks him up for a few years but gives him an option to court the village idiot before he's too old to do so effectively.
d) a genuine home-town discount contract - in AAV, or prime-years only, or club options.
I tend to think "d" centers on a lot of intangibles - not all of which are controlled by the club. Personal circumstances and connections in the city. The expectation of family and agents and peers and friends. All that jazz. Some guys really don't want to change everything, while others are more than happy to. I don't know all that much about Devers personally, but (AFAIK) he does not live year-round in Boston, does not have family in the area, and he's not an English-first speaker?
Now the Sox are a good org, and I'm sure they do what they can. But if an org that's as good comes along with a village idiot offer. . .there's not much you can do. I mean, what if Devers had the option of playing closer to home, with a Spanish speaking market, crazy money, good coaches, and a winning tradition? There's no exact match out there (thanks to the general incompetence and/or cheapness of the FL clubs), but I would think those sorts of factors weigh heavily, even IF the player were open to an extension.
So I think the Sox would be open to "b" "c" and "d."
With his hamstring and inconsistent performance, I wouldn't be surprised if the Sox led with "c" - get a couple fair years with an opt-out, balanced by an insurance-package like extension. Or if they had something on the lower end of "b."
To answer your question, I'd probably do the same "myself." Baseball contracts can't really effectively take injury/decline into account.
However, I wouldn't be surprised if regardless of the hamstring, Devers was fishing on the high side of "b" getting close to "a."
So you've got a factor that caps one party but not the other. My guess is that's what we're seeing here.
Yeah. Even if they failed to predict how aggressive this market would be (which it kinda feels they did), they certainly had enough data by yesterday to know that 6/$160 wouldn’t be close to adequate. That it was likely to represent at least a 25-30% discount. So if they were actually willing to go to $200-220, then they should have already had that offer on the table if X truly was their top priority. That might still have fallen short, but (a) the last thing you want in negotiations is to lose knowing you didn’t make your best offer, and (b) maybe $210 gets X to say, “add $20 and it’s a deal.”Do we know if they ever got the chance to match? The reporting so far suggests that they were so far behind the field that X didn't see a point in taking it back to them. 6/160 might have been a negotiating position, but it was a poor choice with so many other sharks in the water.
This post is in line with my thinking.I voted no.
The reasoning comes down to these questions...
How long before X starts to decline from being a very good shortstop?
How soon before the Sox are reasonably expected to seriously contend?
How soon before the Sox have a player in the development pipeline who is ready to play at the major league level (obvious candidate now is Mayer)?
X is a very good shortstop. No question, but he is 31. He hasn't really been in any discussion as an MVP. He's not on a HOF trajectory. SD is basically paying him for his past performance in my estimation. Even then, it's too high.
In the article below, X is getting the 7th largest contract for a free agent in MLB history. No way that the Sox should have come close to that. The hindsight call is to try to get something for him at the trade deadline (but he had a no trade clause). Also could have tried to lock him up prior to testing free agency (but he has Boras as an agent). In answer to my first question, I'm thinking two... maybe three years before he starts to decline and become a league-average shortstop.
https://www.masslive.com/redsox/2022/12/xander-bogaerts-contract-is-7th-largest-for-free-agent-ever-would-have-set-red-sox-record.html
The relevance of my second question is that they came in last with X, they can come in last without him. They've added some interesting pieces in the last few days that should make improve the overall record. I'm skeptical that they are a play-off contender even with those added pieces and with X. They've improved the bullpen. The starting pitching is tenuous at best. So why pay X elite money on a rebuilding team only to overpay for ordinary performance when their window opens back up?
Especially since... and here is where question number three comes in, if Mayer does pan out and the speculation is that his ceiling might be the same or higher than X's, why pay that much money for the second best SS on the team?
It's crappy that the Sox now have a need at shortstop. I'd still stay away from the high priced options (Correa) as that is just crazy long-term money flying around out there. Initially, it seems like we're missing out, but at some point, some of these franchises are going to have to wake up with a hangover. JWHIII and Co. have already had their share of benders but got bailed out by the Punto trade, but not so much with the Panda and Sale contracts. With X, I think they learned their lesson.
That scans for me.Awesome reply...it's posts like this that make me better / more informed. Really appreciate it.
I agree with you --- if I'm the Sox, I go to Raffy and his agent right now and say: "8/$300M (with an opt-out after 5)--- what do you say?"....
This is just under the AAV of a current (winter of '22) 'village idiot' offer and provides stability for both parties.
If I'm the Sox --- I also go public with the offer.
If he turns "that" down, I have some leverage and credibility with the fandom / media that 'I mean business'.
If I'm Raffy...I'd be rolling the dice for '23 (and a subsequent free agent scenario) where my numbers don't suffer from a lack of protection in the lineup, my hamstrings provide me with 600+ plate appearances, and I avoid any other major injuries.
"That" is how the Red Sox should be approaching the Devers situation.
Because if we fail to offer something akin to the 8/$300M right now...and are leaning toward figuring this out at the next winter meetings, well then the last few days was a 'dress rehearsal' for Shank, Mazz, and the Boston fandom. And Bloom will deserve to get launched on a rocket, returning to some mid-market franchise where his algorithms will provide an efficient cost-per-win metric.
This site has always been sympathetic to ownership. It’s not representative. I also suspect there’s a lot of “no” votes that are still pissed off, or at least deeply disappointed and more pessimistic about the future, today.Sports media should take a look at these poll results before assuming how Red Sox feel about this unfortunate situation.
That would mean what in practical terms? Go to Scott Boras when, and with what offer? I'm not just making this point pedantically.
Think it through - in order to buy out a "village idiot" free agency scenario, you actually have to buy it out. You have to give the player something of value to forgo free agency. Usually, that's the certainty of a large contract earlier in their career, less money than the FA market, but a hedge against injury or a (very very unlikely) downturn in the market. So, how much earlier and what exactly do you offer? (Assuming the player is even interested in that kind of thing.)
It seems to me that the Sox already did exactly that.
They agreed to a six-year, $120 million extension in 2019, with the then-26 year old Bogaerts. So they had some control for his age 27-33 seasons. One of the conditions (set by Bogaerts) was an opt-out after 2022, for his age 30 seasons onward, where his viability as a 30+ SS would likely have been established (or not.) If he was injured, or had to move off the position, he'd be getting $20M per year for his early 30s with the Sox. But if he wasn't, he'd have the option to become a FA and see what was out there. He might resign, or he might take the high offer in the market.
And Xander did that. He exercised his option. He saw what was out there. The village idiot came forward, and there's simply no way to avoid that scenario.
Edit - he would have originally been a FA after the 2020 season, so the Sox got 2 more prime years at a very fair value. Mission already accomplished.