On Friday night, when the A’s announced they traded Josh Donaldson for Brett Lawrie and three prospects, the public reaction was swift and harsh. How could Billy Beane trade one of the best players in baseball for so little in return? Did he not even bother calling other teams to let them know that Donaldson was available, since they obviously would have made better offers than this? Why even bother trading Donaldson if this was the best they could do? Even as I made the case for the deal being a reasonable one for the A’s, the popular consensus was that the A’s screwed up.
It all felt very similar. As I read through the reactions, I couldn’t help but feel like we just had this conversation four months ago, when the Rays traded David Price to Detroit for Drew Smyly and Nick Franklin. Price was a true ace, traded for players who were labeled a back-end starter and a utility infielder. Where was the upside? Why was this the best the Rays could do? Had they overplayed their hand, or were they just not smart enough to take a better deal that returned pieces with star potential? Like the Donaldson trade, I felt the deal was reasonable for the Rays, but the public sentiment strongly disagreed.
If we go back a year, the Doug Fister trade elicited the same kind of responses, though I shared in the shock at how little Detroit got back in that trade for a quality pitcher. But our reactions were basically the same, wondering how the Tigers turned a highly valuable asset into a collection of lower-upside role players. Wouldn’t other teams have bid more? How was this the best offer?
Two years ago, it was the Justin Upton trade that caused the public to scratch their heads. Martin Prado and some lesser prospects was not the haul that people were expecting, and even as I thought it made some sense for Arizona, the consensus was that this deal was a debacle for the Diamondbacks. A 25 year old slugger headed into his prime should bring back far more than in return than an above average player and prospects with limited ceilings, right?
Maybe not. As trades of this nature pile up, perhaps we need to consider that it’s not the teams selling the star players who are reading the markets incorrectly, but the public that expects returns above what teams are consistently getting. After all, is it more likely that our perception of a player’s trade value is incorrect, or that Billy Beane, Andrew Friedman, Dave Dombrowski, and Kevin Towers all decided to take inferior offers to what other teams were making?
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