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Old 02-09-2024, 10:52 AM   #730
Enoch Root
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Join Date: May 2012
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Quote:
Originally Posted by Parallex View Post
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.
You've made up (likely) false premises to fit your argument.

1: is not an option. That is patently clear at this point
2: there is a very large range for 'iffy'
3: there is a range to overpay as well

At some set of prices, 2 is preferable to 3 But at other prices, 3 is preferable to 2
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