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— A Timely Look at Transactions as They Happen
Friday, May 19, 2006
Royals - Released Mays
Kansas City Royals - Released P Joe Mays.
Surprised that the Royals couldn’t find a taker for Mays? No. You’re not.
BP has Mays as 15 runs under replacement this season. If nobody picks up Mays, the Royals will have paid him $1 million for that. Given the marginal revenue product for wins, 15 runs below replacement is certainly in the -$3 million range.
So, essentially, every pitch that Joe Mays threw cost the Royals $8,869 from the bottom line. David Glass could have driven into any major city, paid a homeless man to defecate on his car, paid a hot dog vendor to beat the homeless man senseless with a golf club, hit the hot dog vendor with his car, smash his car into a school bus, settle all the lawsuits resulting from this series of events, and he still would have come out better than he did for paying Joe Mays to pitch 8 games.
Better make sure you don’t have any Wal-Mart stock in your portfolio.
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