Friday, December 08, 2006

Market Price

The Giants have agreed to pay Barry Bonds $16 million for the season in which he attempts to break Hank Aaron's record. This reminds me of the old days of the Yankees when they used to bid against themselves. Not since Tom Hicks out bid his nearest competitor for Arod by 100% have I seen this kind of lunacy. No one, and I mean no one was going to sign Barry Bonds. At least no one was going to sign him for that kind of money. If he wanted to take $5 million, I'm sure there are a couple of AL teams (KC, Tampa Bay), that could have used him as a DH. But $16 million?? The Giants basically created the market for Bonds and then bid against themselves. As the great philosopher Forest Gump once said, "Stupid is as stupid does". That pretty much sums it up.

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