More Wild Cards, Fewer Pennant Races

If the expanded wild card system, which will be in place by 2013, had been in place this year, this second story, which may have been the defining baseball story of 2011 would not have occurred. The Red Sox and Braves, as the fifth strongest team in each league, would have won the last wild card spot. The exciting month of September in which four teams played meaningful games every day would have been replaced by five teams jockeying for post-season position. Rather than more than fifty games about which fans of four teams cared, there would be two very brief series at the end of the regular season.

 

The Playoffs So Far

Tim Lincecum is not only a great pitcher, but he is the kind of player that makes baseball such a great game. In a sport where even in this alleged year of the pitcher, big sluggers and big power pitchers still dominate the game, the 5’11” and skinny Giants star stands out even more. He is a throwback, not in the sense of poorly shaven white player who plays sometimes too aggressively, but to an era when players, and particularly pitchers, did not always look or act like jocks. With his long hair, west coast attitude, drug bust and mellow demeanor, Lincecum feels like a player from the 1970s or early 1980s, albeit one with some of the nastiest pitches on the planet.

What Happens When Teams Stop Paying for Past Accomplishments?

One of the major exploitable market inefficiencies in baseball is that teams pay so heavily for past accomplishments. No team does this more than the Yankees who have evolved into something of a straw man in this debate. The long contract which they gave to Alex Rodriguez means that the team will be playing Rodriguez more than $20 million a year in 2015-2017. Nobody can seriously think Rodriguez will still be an elite player by that time. Even if his current season is viewed as an off-year, it is not realistic to expect him to still be a top star during the last three years of his contract when he will make a total of $61 million.

Maybe the Red Sox Should Be Sellers

The Red Sox have had a rough 2010 due to injuries, slumps and age. The team got off to a rough start, but played very well from mid-May through the All-Star break. Currently, with about 60 games remaining the Red Sox are seven games out of first place and five games behind the Rays for the wild card. It will not be easy, but they could catch the Rays and maybe even the Yankees. This would suggest that the Red Sox should be buyers at the deadline. However, another approach might be to recognize that while the Red Sox might be able to sneak into the playoffs as the wild card, this is not the type of team that, even if it snuck into the wild card, can play far into the playoffs and to be a seller.