Earlier, I wondered aloud how different the record of the 2012 St. Louis Cardinals in close games would have been had they kept reliever Octavio Dotel.
This time, let’s look at the situation from financial perspective.
In reality, the cost of acquiring Dotel in the first place was an unidentifiable percentage of Colby Rasmus, shipped off to Toronto. The cost to keep him in 2012 would have been no more than the $3.5 million he received from Detroit, which represents a modest increase from his $3 million salary in 2011.
In fact, earlier in the off-season, the Cardinals walked away from what appeared to be the same basic deal. They declined a $3.5 million team option on Dotel’s services for 2012, instead paying him $750,000 to buy out the option.
For letting Dotel depart, the Cardinals received a compensatory pick between the first and second rounds of the 2012 draft. Dotel was a special case, one of a group of relievers moved from Type A to Type B free agents as a one-time-only twea...