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... given that only (say) 5 teams are in on the bidding for the top player... do you re-calculate the Benson formula? Those 5 teams have $X, and have Y targets, and dollars-per-win FOR THEM are Z?
I've often wondered this. The John Benson estimate, currently $4.5 - $5.0m per 10 runs, is industrywide. But isn't that 30-team pool too generic a universe to be useful?
If the Mariners asked you to break down the industry dollar averages into specific costs-per-run more applicable to them, how would you do it KG?