Thoughtful analysis. But you might distinguish between high-salary teams with high winning percentages but low value-added per salary dollar (call them "even-value team" and high-salary teams with low winning percentages and hence "value-destroying teams." The Mets in 2006 were the former: the Mets today are the latter. You might want to factor in the year of the free-agent contract--in early years, the player still adds value, although at a low rate; by the second half of the contract, the free agent destroys value.
G Money is right: the Mets do have younger players from within the system (the future is dim however) and the Mets as a business are making money hand over fist.
Finally, revisit this article in two months when the Marlins puny run differential catches up with them.
Thoughtful analysis. But you might distinguish between high-salary teams with high winning percentages but low value-added per salary dollar (call them "even-value team" and high-salary teams with low winning percentages and hence "value-destroying teams." The Mets in 2006 were the former: the Mets today are the latter. You might want to factor in the year of the free-agent contract--in early years, the player still adds value, although at a low rate; by the second half of the contract, the free agent destroys value.
G Money is right: the Mets do have younger players from within the system (the future is dim however) and the Mets as a business are making money hand over fist.
Finally, revisit this article in two months when the Marlins puny run differential catches up with them.