• Catching Up With A Sunk Cost

    Posted by on June 20th, 2008 · Comments (3)

    Rainer Sabin has an excellent feature today in the Times on Brian Cashman’s $46 million dollar man – it’s entitled “Igawa Searching for a Way Back to New York.” Here’s a clip:

    [Igawa] certainly did not imagine he would be here, toiling in the minors and playing games of little consequence in half-empty ballparks. Neither did the New York Yankees, who spent $26 million just to negotiate with Igawa and $20 million more to pry him away from the Hanshin Tigers of the Central League in Japan two years ago.

    “We would like him to help our big-league club right now and we think he’s making progress,” the Scranton/Wilkes-Barre pitching coach Rafael Chaves said. “But it’s not as fast as we would have hoped.”

    How low is Igawa on the Yankees list? Look at it this way: Cashman just went out and picked up Sidney Ponson, with the intention of him starting some games for the Yankees, rather than turn to Igawa (while Worm Killer Wang is out).

    When you’re below Sidney Ponson in the “entering the clubhouse and finding a ball in your shoe” pecking order, you’re just about dead last on the team’s confidence list.

    Forty-six million. Wow. Even for the Yankees, that’s not chump change. Think the Yankees want to call a do-over on this one?

    Comments on Catching Up With A Sunk Cost

    1. MJ
      June 20th, 2008 | 9:36 am

      Forty-six million. Wow. Even for the Yankees, that’s not chump change. Think the Yankees want to call a do-over on this one?
      ——————————————
      No doubt about it. I think we all agree that this one has been a stinker of a move from Day 1.

      I have to say that I still don’t understand why the Yanks didn’t dump him on the Padres when they had the chance last season. Furthermore, I don’t understand why the team and Igawa don’t work out a buyout and let him go back to Japan.

    2. Raf
      June 20th, 2008 | 9:51 am

      “Catching Up With A Sunk Cost”
      ———
      Thought this was a Pavano article :)

    3. butchie22
      June 20th, 2008 | 11:40 am

      KInda sad about Igawa….. for the Yanks that is! That was a bad signing, they should have cut their losses and shoved him off to San Diego. He still must have some trade value since his cost is only 4 million a year. Too bad Bill Bavasi is no longer around so he can be dumped on the Ms .

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