Wednesday, December 11, 2013

Excerpt: "The Cano Deal"

"It's great if you can develop seven-win players. If you can't, this is the going rate for them: ten-year deals at more than $20 million per year. Baseball is coming up on $9 billion in revenue. It's capped expenditures in a whole host of areas, kept the best players in the game from ever becoming free agents and by doing so put a choke hold on the upper end of the salary and payroll scales. The money has to go somewhere, and when a player like Cano becomes available -- which happens very rarely -- it goes to him and it goes to him for a very long time."