Economics
Overpaid Yankees Found With New Tool Also Used for Health
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Maybe Brian Cashman, the New York Yankees general manager who refused to dip into this year’s high-priced pool of baseball free agents, kind of knew this already. Now there are numbers to back up the suspicion.
The Yankees’ players were the most overpaid in pro baseball in 2008 compared with their individual performance, according to a new data evaluation tool developed by researchers at Harvard University in Cambridge, Massachusetts. And if you’re a Yankees fan suspicious of where the study came from, calm down. The key researchers grew up in Maryland.