The most common addendum to that argument is that even if overpaid, those players are still good, so your team benefits even if it's not hyper-efficient. Here's the biggest FA deals(75 million and greater) of the Epstein tenure, with their age in the first year of their deal and the fWAR of their performance so far: Player Age Yrs AAV Year 1 Year 2
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Pujols 32 10 25 3.7 0.7
Fielder 28 9 24 4.8 2.2
Greinke 29 6 25 2.9
Hamilton 32 5 25 1.9
Reyes 29 6 18 4.1 2.2
Sanchez 29 5 16 6.2
Wilson 31 5 16 2.1 3.3
Upton 28 5 15 -0.6 So that's 12 seasons of performance. Three of those seasons are greater than 4 WAR, and all of them came during seasons when the player was still in their 20s. Six of those seasons, a full half, have 2.2 WAR or less. For comparison, Valbuena and DeJesus were both 2 WAR players as Cubs last year, in 391 and 318 PA respectively. I don't think it's out of order to question the notion that you're even guaranteeing "good" performance when paying for "great" performance since the new CBA has cut down on those who make it to free agency even further. I don't recall seeing a direct dollars/WAR argument before that guy's post, but I don't get why it shouldn't be taken seriously. It makes sense to me, at least on a surface level, and the numbers TT cites bear that out for the most part. Again, I'm not saying that it wouldn't be more emotionally satisfying for the Cubs to sign more expensive players with better track records. It clearly would be. I'm also not arguing that the approach we have taken has been anything less than frustrating considering the size of our market, team revenue, etc. (though I was somewhat swayed by the BN article about the team's debt load, Zell, etc.) From a cold-hearted logic standpoint, however, I don't want Hamilton, Reyes, Bourn, etc. at the numbers they command. What I would like is to be more aggressive in the trade market. When teams make ML or ML-ready players who are under team control for the foreseeable future available, we should be jumping all over that [expletive]. Adam Eaton comes to mind in this regard - that will be a steal for the Sox, IMO. Arb eligible in 16' and FA in 19'.