No such thing as overpaid. It's market value.
Jazz notify Wesley Matthews they will NOT match
- Thread starter Marty McFly
- Start date
No such thing as overpaid. It's market value.
Gyp Rosetti
Banned
So when ARod received 10 years, 250+M from the Rangers, and no one else was in the same ballpark, it's simply market-value? No.
The market is set after the offer is accepted. Therefore, the teams dictate the market, not the players. Sure a player can demand x years and dollars but until some teams ponies up, the market's not set.
It only takes one party to dictate market value.
Gyp Rosetti
Banned
So A-Rod's market value was what the Rangers set it at? For them sure, league-wide, not necessarily. But I guess you're right and teams never overpay.
Break it down to a more personal level. Put something on ebay for sale. It only takes one bidder to set market value.
Gyp Rosetti
Banned
Correct. And perhaps I'm diverging from the traditional definition of market value. However, for me, just because one team, or person in your example, chooses to pay much higher than anyone else would have for a "product" does not mean that is the actual value of that product on a larger scale.
Gyp Rosetti
Banned
It does not mean that that was the worth valuated by the market and hence an offer at that price came in. The price came in to set that market value.
Of course it does. Bro. It's like a Basquiat painting. Just because one person can afford to pay the price it goes for, does not mean, it's worth less then it went for.
Gyp Rosetti
Banned
So you'd pay 100K for a regular ol' Honda Civic?
I wouldn't. No.
What if someone did? Would that set the market value of Civics at 100k a pop?
It would set the market value of that particular Civic...yes. Who knows, maybe that specific Civic belonged to Al Gore or Ke$ha.
BENTLEY
Well-Known Member
No they would not have let it go. The Jazz said Matthews was priority number one, so if the Jazz offered 4 mil/yr Portland woulda just upped the offer with the first year poison pill bonus - probably the same 33M/5 years offer. You said yourself Portland just wanted to screw the Jazz.
Wrong. Matthews makes a lot more than 20M/4 years. Jazz get a more proven player in Bell. Bell is a great 3 pt shooter (jazz need), he's a top defensive player (nba need what with all the SG superstars), and he brings veteran, take no-****-from-nobody attitude (Jazz need). Some are worried about his age but he's had a lot of time off the past two years what his his wrist surgery (non shooting hand). He didn't log many minutes his first two season in Philly. For the next 3 years I'm confident he's going to be a stud for the Jazz.
But I guess Portland's bluff didn't work out for them. 2 out of 3 ain't bad.
Stifle Tower
Punch Bowl Re-Filler
Good points. WE also had 3 starters at two positions (AK, CJ and Matthews). Now we have two defined starters and a guy knowing he's coming in as a sub or emergency starter.
Best of luck to Matthews. He'll still be one of my favorite players. If I could, I'd give him a STANDING "O" when Portland comes to the ESA (I live in LA, so I don't go to any games in SLC). I hope Matthews plays great for 82 games. Just have Roy play poorly when they face the Jazz;-)
And screw Portland. They played chicken and KOC and Greg didn't swerve. Agree 100% on matching for Millsap and not matching for Matthews. KOC and Greg get an A for their off-season moves this season, including the darft. Jefferson is going to make us say "Carlos, who?" Raja will be ringing the bell again. And "The Butler" is going to be serving up points for us on a platter.
If the Jazz thought Matthews was the future at SG, they probably wouldn't have drafted Hayward with their lottery pick. Matthews is probably going to be a back-up, if he's on a good team.
You obviously mistake market value to market price.
Market value is a concept distinct from market price, which is “the price at which one can transact”, while market value is “the true underlying value” according to theoretical standards.
https://en.wikipedia.org/wiki/Market_value
https://en.wikipedia.org/wiki/Market_price
viny == pwned
