who cares? on paper the bullpen looks to be one of the better ones in the league, with or without a "truly dominant closer." let the reds have cordero at $10.5M per; let the brewers have gagne at $10M. our bullpen should be just as good, and probably cheaper than at least the brewers' pen and possibly cincy's too. The point wasn't a lament of the lack of closer. Rather, it seems like a pretty steep price when the bulk of it isn't being absorbed by some guy throwing bullets at the end of the game with a track record to support a hefty salary. Having a number of $3M-$5M relievers isn't ideal, IMO. Look at recent contracts for relievers in the $12M range: Hawkins, Eyre and Remlinger have had horrendous years in the midst of their respective contracts, yet we continue to give out big dollars for extended periods to relievers. Dempster is a joke, and has been despite his save percentage (which is a farce). I can accept an argument that Howry is worth his contract, but he has had his shaky moments. The point is simply this: mid-range contracts add-up and the Cubs ought to learn from their mistakes. Bullpens ought to be stocked from within the organization with the bulk of their guys earning less than $3M, or, at the very least, not have extended commitments at +$3M. You could argue that the Cubs have learned from the mistakes of Eyre and Dempster though. They have only given out 2 deals of over 1 million to relievers in the past 2 years (Ohman and Wood). Ohman was a 2 year deal for a relatively small amount that they traded away after year 1. Wood is a larger deal, but only a 1 year commitment. The team hasn't continued to give out extended commitments to relievers for quite a while now. The big test will come after 2008, when Howry, Dempster, Eyre, and Wood all come off of the books. How many multi-year deals will be spent to replace them? If it's more than 2, I think you'll have a greater point about the Cubs learning from their mistakes. Right now, they're just living with their past mistakes (and Howry has been anything but a mistake, he has earned every penny and more. To have a dependable guy who is consistently and significantly above league average from year to year is worth a lot in this market, even for a bullpen guy). Granted, you could wait until 2008 is over to see how the Cubs replace these guys. Unfortunately, unless Hendry's regime is finally vanquished, the Cubs are likely to maintain the course they have already set forth. Howry and Eyre were just the last in the line. This pattern goes back the Remlinger, then Hawkins, then Dempster, then Howry and Eyre. Mind you, that is not even including the agognizing Antonio Alfonseca, who didn't have a long term deal if I recall; rathe, he was just the recipient of the world's dumbest raise.