Scott Kingery and the Problem of the Prisoner’s Dilemma
Scott Kingery just signed a long-term deal with the Phillies for life-changing money. Congratulations, Scott! Of course, Kingery has yet to play in the big leagues, and that makes this deal unusual. The previous largest extension ever for a player who hadn’t yet debuted in the big leagues was Jon Singleton’s deal. That didn’t work out too well for the Astros, but Kingery is a great prospect. Odds are, Kingery will be fine, and this deal will be fine. That’s hard-hitting analysis for you.
There are two things in baseball that really pique my interest: rules and things that have never happened before. The Kingery extension is an example of the latter. This is something new, and that makes it interesting. What makes it doubly interesting is how my Twitter feed populated immediately after news of this deal had percolated through the interwebs for a time. People seemed to have one of two reactions:
- Kingery signed a below-market deal just to avoid starting in the minors and having his service time manipulated, and therefore this contract is a joke.
- The Phillies paid too much money to a guy who hasn’t shown anything (literally) at the big-league level yet, and therefore this contract is a joke.
The People seem to agree that the contract is a joke, but can’t quite agree on why. And both points can’t be true: if the contract is a joke because it’s a gross overpay, then it can’t also be a joke because it pays too little. And this got me thinking about the prisoner’s dilemma.


