• WasWatching.com Water Cooler Talk 12/2/08

    Posted by on December 2nd, 2008 · Comments (5)

    Feel free to use this post as a place for you to comment on anything Yankees-related (or within reach of tagging the bag of being Yankees-related on a decent slide) today. It could be a casual conversation offering, or, something you saw in the news, or something very detailed that you want to share that’s within the territory of Yankeeland.

    Or, comment on something that someone else has posted here in the comments…

    Have fun. Play nice. And, remember, keep it Yankees-focused.

    Comments on WasWatching.com Water Cooler Talk 12/2/08

    1. YankCrank
      December 2nd, 2008 | 9:49 am

      Anybody find yesterday’s arbitration shocker a good sign of things to come rather than bad? If the Yanks felt $16 million a year for Pettitte and $16-18 million a year for Abreu would be way too much for the current market, that may mean a drop in annual salary offers from teams towards free agents. Good players had for less money sounds good to me (obviously that doesn’t change CC/Tex/Manny, but it will lower costs for Dunn, Lowe, Burnett and the second/third tier free agents).

    2. YankCrank
      December 2nd, 2008 | 9:56 am

      Also, it may be a sign to CC that being offered a record contract during this economic downfall (that we now know even kind of hits the Yankees) may be something he should jump on soon.

    3. Raf
      December 2nd, 2008 | 10:28 am

      If the Yanks felt $16 million a year for Pettitte and $16-18 million a year for Abreu would be way too much for the current market, that may mean a drop in annual salary offers from teams towards free agents.
      ——————
      I doubt it. When was the last time the Yanks set the salary bar for a player? Usually, they sign a player at market value, instead of setting the market. The two largest contracts I remember being given were by the Dodgers & Rangers for Kevin Brown & Alex Rodriguez respectively. Sure there have been other large contracts, but a majority of them have been given by teams other than the Yankees.

    4. YankCrank
      December 2nd, 2008 | 10:36 am

      Raf, I see your point but that wasn’t exactly what I was referring to. If you look at Buster Olney’s piece today, he said:

      “A month ago, the notion of Abreu as a $16 million player didn’t seem so outrageous. In the current climate, however, executives with other teams believe that Abreu might be fortunate to make $8 million. It isn’t that the Yankees don’t have money. But the perceived value of players is plummeting rapidly within the industry, and just like investors who are waiting to see when the bottom of the stock market is really bottom, apparently, teams are waiting to see how far the salaries will fall.”

      I wasn’t thinking the Yanks not offering Abreu was setting the market, but more of bracing for the way the market may be in a month or two. Abreu at $16-$18 million for one year may be extremely overpaying him for the market, so what I was saying was other free agents values are likely to drop as well. Good players for less money would be a good thing, right?

    5. Raf
      December 2nd, 2008 | 11:34 am

      My point is more that because the Yanks don’t feel a player is worth X doesn’t mean that another team is worth that. I’m taking into consideration that the contract Abreu had was given by the Phillies.

      It may be a correction of sorts, it may be the calm before the storm. Having said that, I will be surprised if Abreu gets $8m or less. Given the way the system works, I don’t know if other players will be affected; all it takes is one owner with an itch.

      I guess we will find out more sometime during the winter meetings.

    Leave a reply

    You must be logged in to post a comment.