The Disappointment Zone

Musings from a Cleveland sports fan

Thoughts on Roger Clemens

Posted by disappointmentzone on 10 May 2007

While guest blogging at the Wages of Wins Journal, economist Steve Walters lays out how it is that Roger Clemens lucked into such a fortunate payday and argues that there is NO WAY that adding Clemens will net the Yankees any money. By his most generous estimate, Walters has the Yankees losing $3.5 million and thinks the team will probably lose a lot more than that. It’s a worthwhile read. Here’s a teaser:

But you don’t even have to do this type of math to know that the Yankees overpaid. The other major bidder in the Rocket auction—the Red Sox (Clemens’s hometown Astros apparently stopped talking with him at the end of spring training)—reportedly topped out at a pro-rated $18 million for the year, or no more than $12 million for the rest of the season. How did Hendricks get an extra $6.5 million from the Yanks? He put the “prisoner’s dilemma” to work for his client, expertly playing on the fears of the Yanks’ brass that their arch-rivals would nab Clemens.


One Response to “Thoughts on Roger Clemens”

  1. Erik said

    If there was any justice in this world:

    1. In 15 starts, Roger Clemens goes 3-3 with a 1.22 ERA and a boatload of bullpen-meltdown no-decisions for a Yankees team that loses 88 games and finishes in fourth place.

    2. Barry Bonds becomes the first-ever 800-homer guy sometime next year so that he and his ‘roids will hang over Bud Selig like the Sword of Damocles for the rest of his life.

    3. Angered by his first-team All-NBA snub, LeBron unleashes a torrent of hellfire and brimstone last seen raining down on Sodom and Gamorrah, destroying the Nets, Pistons and Spurs and winning Cleveland’s first-ever NBA title.

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