I agree with much of what you said, but assuming in-house prospects will replace "lesser" parts of the team isn't always true. Most managers (including Piniella) want veterans on the bench (especially at backup catcher) and in the bullpen. While I agree that Hendry tends to overspend on these type of players, veterans are usually going to cost you $2 million per year. As I post often, hindsight is 20-20. It's easy to sit here and assume Gaub or Gorzalenny can replace Grabow in the bullpen, Fuld/Colvin/league minimum player could replace Johnson, etc. If that were true players like Johnson, Grabow, etc. would have been out of jobs a long time ago. Until Gaub, Fuld, Colvin, Stevens, Caridad, Parker, etc. show something at the ML level, let's not assume they're capable of replacing someone just to save money.