At the end of the 2005 season, Johnny Damon's agent, Scott Boras, wasáseeking a seven-year contract valued at $84 million for his client. That amounted to an average annual salary of $12 million.
However, Red Sox officials (absent then departed GM Theo Epstein) made the strategic decision that Damon was not worth more than $40 million over four seasons. áThat was their best offer.
But the Yankees placed a higher value on Damon. They had no qualms with the annual salary; they just made a shorter-term offer of four-years, $52 million.
At the time, Damon was 32 and had just completed his tenth consecutive season of playing in at least 145 games. He was the picture of consistency.
Yet the Red Sox, sticking to their formula of placing a value on a player and not going over that l ...
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Article written by Sean Kennedy
Boston Red Sox Mistakes: Goodbye, Johnny Damon, Hello, JD Drew
Posted: 12th November 2009 by Sean Kennedy in MLBComments Off on Boston Red Sox Mistakes: Goodbye, Johnny Damon, Hello, JD Drew