Quote:
Originally Posted by Enoch Root
But by that same argument, taking an iffy offer is the opposite of efficiency. At some price, moving the asset for a package makes sense (is efficient). But at another (lower) price, it becomes inefficient, and retaining the asset makes more sense.
Hanifin is a really good player, I don't want to see the Flames dump him for a pile of garbage - how is that efficient, or smart?
|
I hear you... but my thought pattern is that the hypothetical options we're talking about are:
1: Do nothing (He walks in the offseason)
2: Trade him for "iffy" offer
3: Overpay him on an extension
Unless the "iffy" option holds actual negative value (and I assume it doesn't) it's still the best option because the overpay is negative value and the do nothing is lost opportunity cost (the value of the iffy offer). Remember we're talking about an overpay on an extension here... not fair or only marginally surplus value... the calculation would different on that.