Free Agents Who Are Costing Their Team Money

That headline is probably a little misleading since technically every player costs their team money, but I'm talking in terms of performance dollars. Earlier this afternoon we listed the free agents from this past offseason that are already providing their team surplus value, but now let's turn the tables and list the guys that have been so bad that they're costing their team.

We're essentially talking about players below "replacement" level, which is defined as freely available talent. A replacement level player is one of those AAAA type of guys, someone easy to find (on waivers, etc.) and available only for the league minimum. Here's the free agents performing at a level below that…

Position Players

  • Carl Crawford, Red Sox – $14MM salary, -$2.6MM value ($16.6MM deficit)
  • Aubrey Huff, Giants – $10MM salary, -$4.5MM value ($14.5MM deficit)
  • Adam Dunn, White Sox – $12MM salary, -$1.5MM value ($13.5MM deficit)
  • Carlos Pena, Cubs – $10MM salary, -$1.5MM value ($10.5MM deficit)
  • Miguel Tejada, Giants - $6.5MM salary, -$2.8MM value ($9.3MM deficit)
  • Vladimir Guerrero, Orioles – $8MM salary, -$400K value ($8.4MM deficit)
  • Lyle Overbay, Pirates - $5MM salary, -$1.8MM value ($6.8MM deficit)
  • Bill Hall, Astros - $3MM salary, -$3MM value ($6MM deficit)
  • Hideki Matsui, Athletics – $4.25MM salary, -$200K value ($4.45MM deficit)
  • Miguel Olivo, Mariners – $2.25MM salary, -$1.9MM value ($4.15MM deficit)
  • A.J. Pierzynski, White Sox - $2MM salary, -$400K value ($2.4MM deficit)
  • Jack Cust, Mariners - $2.5MM salary, -$200K value ($2.7MM deficit)

Pitchers

  • Rafael Soriano, Yankees – $10MM salary, -$500K value ($10.5MM deficit)
  • Javier Vazquez, Marlins – $7MM salary, -$700K value ($7.7MM deficit)
  • Hisanori Takahashi, Angels – $3.8MM salary, -$2MM value ($5.8MM deficit)
  • Joaquin Benoit, Tigers – $5.5MM salary, -$200K value ($5.7MM deficit)
  • Jon Rauch, Blue Jays – $3.75MM salary, -$1.6MM value ($5.35MM deficit)
  • Dan Wheeler, Red Sox - $3MM salary, -$800K value ($3.8MM deficit)
  • Koji Uehara, Orioles – $3MM salary, -$400K value ($3.4MM deficit)
  • Jeremy Accardo, Orioles – $1.08MM salary, -$900K value ($1.98MM deficit)
  • Chad Durbin, Indians – $800K salary, -$600K value ($1.4MM deficit)
  • Mike MacDougal, Dodgers – $500K salary, -$400K value ($900K deficit)
  • Alfredo Aceves, Red Sox – $650K salary, -$200K value ($850K deficit)

The performances of Orlando Cabrera, Todd Coffey, and Kevin Gregg are valued at exactly $0, so they aren't costing their teams just yet. Derek Jeter and Derrek Lee (both at $200K) aren't that far off from making the list. Obviously this does not mean that these players will contribute to be negative performers all season, just that they have been to date.

Thanks to FanGraphs and Cot's Baseball Contracts for the info used in this post.


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