Uehara Outdoes Crowd’s Expecations, Signs for Two Years

On Wednesday, FanGraphs published the results of its contract crowdsourcing effort, an attempt to harness the wisdom of the crowds to the end of better understanding the 2014-15 free-agent market. That post includes the top-55 free agents (more or less) and estimates of the length and size of the contracts those free agents will receive this offseason.

As of this afternoon, only 54 of the players included in that post remain free agents, after Koji Uehara re-signed with the Boston Red Sox. Alex Speier reports:

The deal is more robust than the crowd anticipated. Uehara’s mean estimate was 1 year and $8 million; his average, 1.4 years and $11.9 million (an $8.5 million average annual value). The crowd missed by either half a year or a full year, depending on how one calculates it, and about $0.5 to $1.0 million per season — or roughly 5-10%.

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Carson Cistulli has published a book of aphorisms called Spirited Ejaculations of a New Enthusiast.

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Matt
11 years ago

Decent deal for both sides. I think it bets on Koji giving something similar to a 2014 performance for 2015, with 2016 being added benefit. I think it is a market value deal is roughly Nathan’s 2Y/$20M. Bu I think Koji is a better and there is probably the whole “we don’t want to issue a QO, but we might thing” going on.