We know the Phillies have some bad contracts, and so will have several players in 2014 that can be said to be "overpaid".
But how many players are considered overpaid on the Phillies, and how does that compare to other teams in the division?
The table below calculates cost per WAR for each team's eight regulars, and its starting pitchers and key relievers. The cost is their 2014 salary, including Matt Swartz's estimates for arbitration-eligible players. WAR is from the 2014 Steamer projections.
Any $/WAR in the $5-7 million range is considered "market rate". Anything above is "overpaid", and anything below "underpaid".
Dollars (Millions of 2014 Salary) per WAR (2014 Steamer projection):
(The table uses Steamer's 0.8 fWAR projection for Marlon Byrd, which many see as pessimistic. Using Oliver's 1.8 projection translates to $4.4 M/WAR.)
- This is only about 2014, and doesn't consider the entirety of these contracts.
- It doesn't consider what percentage of a team's payroll is tied up in overpaid players.