Investment Grade Bonds?
Mar 19, 2008 in Bonds Interest
Apparently the lack of interest in signing 43-year-old Barry Bonds has roused the attention of the MLB Players Association. This is not to say that some special action will be taken by the organization since it reviews the free-agent market every year. Still the fact that the man who has hit more home runs than anyone else is ready, willing and jobless merits comment.
Bonds is renowned for his prowess at the plate but also for his supersized body which has spurred many steroid-related allegations. Teams don’t want to be involved in a mess a potentially distracting as one of the two most famous (or infamous) players accused of steroid usage (Roger Clemens being the other). Bonds’ indictment only compounds the level of distraction that his mere presence would cause.
Furthermore, Bonds also has a supersized ego. It has brought him into conflict with reporters and teammates alike. When trying to build a ballclub that can work well and hard together, a prima donna is a remarkably counterproductive addition.
Lastly, and most importantly, there is an economic decision that a GM must make when considering acquiring a player: is the player’s potential output worth the money it would take to sign him? A middle-aged Bonds was still reasonably productive last year, hitting .276 with 26 home runs and 66 RBI. But he cost the Giants 19.3 million dollars for that stat line and he only had about 270 plate appearances (a player able to play all season can amass more than 650) due to his fragile aging body. It’s also fair to point out that .276 was only seven points above the major league average of .269 last year, hardly all-star material. And there’s no chance a guy like Bonds is going to sign for much less than he has in the past. No one can afford to pay the salary of superstar to a guy who’s only going to offer slightly better than average stats. It just doesn’t make sense.
Some people might consider that Bonds is a draw at the gate which might provide extra revenue to a team struggling to fill their stadium seats. But does any team really want to endure the circus-like environment that comes with Bonds? And couldn’t his arrival be seen as a hollow publicity stunt by a team like the Rays who are legitimately retooling and developing young talent for a run at the AL East? In that case it could hurt the team in the long run in its credibility with fans. There is no guarantee that Bonds would drive up attendance numbers but an experiment involving him would cost a club tens of millions of dollars.
That’s what you call a bad bet.
