Market Power

Musings by an academic economist on the power of markets and the power over markets.

Tuesday, November 16, 2004

Free Agency

For sports economist geeks like me, the off-season is almost as interesting, and sometimes more interesting, than the regular season – in any professional sport.

November 11th was the day that baseball free agents could start negotiating with teams. This year there are over 300 players eligible for free agency according to this link at mlb.com. While there have been a few moves, the real fun will start soon as teams and players get a feel for this year’s market.

The Washington Expos have signed two players already.

What are the odds that the White Sox will sign one of Scott Boras’s clients? Not very good according to this article.

I’m following the market a little closer than I usually do. I am working on a paper on free agency and am gathering data from this year’s market to add to it.

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