Nov 06 2009
Can I Get a Price Check on these Free Agents?
Two nights ago, the Yankees won the World Series. Due to an incredible amount of homework, I’m mentioning that for the first time right now.
But then again, the Yankees have now won the World Series 27 times, so it’s not really news.
Ok, that was a little unfair. After all, isn’t part of the reason so many people hate the Yankees is because they’ve won more World Series than any other team? In fact, the franchise with the most wins not named Yankees is the St. Louis Cardinals and they only have 10.
But this post isn’t really about the Yankees, it’s about the Free Agent market this offseason.
Last year, the market was really interesting. Some big name free agents signed massive contracts rather quickly. But most free agents watched the fitful economy make teams bide their time and agonize much more over each dollar they offered.
Both sports and news analysts commented on the recession/depression lowering the amount of money that teams were going to spend on the Free Agent market. With the U.S. economy supposed on the mend, could this year’s Free Agent market be a sign of better financial times to come?
