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Did Joel Hanrahan Get A Good Deal?

Found January 16, 2012 on The "Mc" Effect: Yardbarker Blogger Network
PLAYERS: Joel Hanrahan
TEAMS: Pittsburgh Pirates

Picimg_baseball_mar_22_dbf0
The Pirates avoided arbitration with closer Joel Hanrahan earlier today by signing him to a one-year $4.1 million deal. I was curious as to whom that deal favored. I came across this article from baseball analysts.com that gave math equations to figure out what a player should be paid based on his contract status with his team and his previous season's WAR. This data was based on all the contracts in 2008. It doesn't necessarily take into account the WAR changing year-to-year, which includes up and down seasons, so this is certainly not a perfect way to do this, but it's interesting nonetheless. Here's the equations:When under team control: Salary = .51 + WAR*.001When Arb eligible: Salary = 2.26 + WAR*.31When FA eligible: Salary = 5.53 + WAR*1.23Since Hanrahan is arbitration eligible, we use the second equation. His WAR last season was 2.9, so let's plug it into the equation.SALARY = 2.26 + (2.9)*(0.31)SALARY = $3.16 millionSo according to that equation, Hanraha...
Original Story: http://www.mceffect.com/2012/01/did-j... Verified_ybn
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