Let us not freak out about free agent salaries, OK?

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I feel like people freak out a little bit every fall and winter when the first couple of free agents sign. The dollars get announced and the reaction is some form of “wow, what an overpay!” and “if [Player X] gets that, [Player Y] is going to get insane dollars!” We’ve seen a little bit of that in the wake of last night’s Tim Lincecum signing, with people’s reactions ranging from merely raising an eyebrow to being fully gobsmacked.

I’m in more of the eyebrow-raised camp. It’s probably a bit of an overpay given Lincecum’s performance over the past couple of years (though it is a pay cut). It’s also a bit of a gamble inasmuch as, a decent strikeout rate notwithstanding, there is no guarantee that Lincecum will be a front line starter ever again. Or even an average one. We’re now more than two years past the last good Lincecum season and more than four years past the truly dominant Lincecum still stuck in our head. He could be Barry Zito redux in performance, if not in contract duration, for the rest of his career.

But we should probably limit our response to the dollars involved to raised eyebrows and wait a few months before truly committing to a reaction. Both to Lincecum’s deal and the deals of other free agents this winter. Because the changing financial structure of baseball is rendering the sorts of deals we once considered to be crazy fairly run-of-the-mill these days.

Yes, $35 million for two years is an awful lot of money. But you know what else is an awful lot of money? The $30-$40 million (estimated) each team will be getting each year from new national television deals with ESPN, Fox and TBS. That is, $30-$40 million for doing absolutely nothing. That’s before you add on increases in local deals many teams are experiencing and the overall trend of rising revenues across Major League Baseball. A trend that the San Francisco Giants and their nearly-full ballpark are taking pretty decent advantage of.

We’re not in the same financial world in which we found ourselves in 1992, 2004 or even just a couple of years ago. Teams have more money to spend and, thanks to restrictions on how much amateur talent can be paid, they have fewer places to spend it. It makes perfect sense, then, that the price of an average pitcher with some upside (or any number of other free agents who will soon sign) will be a lot higher than it used to be. As such, the dollars that used to only go to the best of the best will now be going to the middle of the pack. The superstar dollars will go way, way up too.

Despite this dynamic, I feel that fan and, in some cases, media reaction to these understandable increases is still stuck in 1992, 2004 or even just a couple of years ago. It sort of reminds me of my dad who, whenever gas prices go up, reacts as if it were still 1959 and, dadgummit, gas shouldn’t be more than twenty-five cents a gallon. As if the price of any commodity, be it gas, foodstuffs or elite baseball players shouldn’t be expected to rise in the face of scarcity and increased demand.

Anyway: it’s possible that the Lincecum deal will look bad in a few months or a year from now. It’s also possible that this deal is simply what a player of Lincecum’s caliber — adjusting for the short-length of the deal and his status as a fan favorite — can be expected to command. Whatever happens with him, though, we need to remember that player salaries are going up for rational reasons and that the definition of a massive deal in 2013-14 is not the same as it was even a few short years ago.

Cardinals closer Trevor Rosenthal to be examined for arm tightness

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Cardinal closer Trevor Rosenthal was taken out of last night’s game against the Red Sox after he gave up a big homer and a walk. He velocity was down as well, and Mike Mathney said after the game that he didn’t look right. Now the Cardinals are going to take a closer look at him, and he’ll be examined today for what is being described as “tightness” in his right arm.

Rosenthal is 3-4 with a 3.40 ERA and a K/BB ratio of 76/20 in 47.2 innings. He has 11 saves after regaining the closer’s job from Seung Hwan Oh. Now some combination of Oh, Tyler Lyons, and John Brebbia will fill in for Rosenthal to the extent he needs to miss time.

Aaron Judge broke a dubious record last night

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Aaron Judge hit a monster home run in last night’s win over the Mets, but he also set a dubious record. Judge struck out for the 33rd consecutive game, setting a new mark for a position player in a single season.

Yes, that’s qualified. No pitchers, of course, as I assume many of them have struck out in more than 33 straight games. Also,  Adam Dunn once struck out in 36 straight games, but that straddled two seasons: he struck out in the final four games of 2011 and the first 32 games of 2012. Still, Judge’s feat is impressive, and given the nature of his game and the state of baseball these days, it’s not hard to imagine him striking out in three or four more straight games anyway.

None of which, by the way, should be all that much of a slight on Judge. The guy is still hitting .291/.420/.614, even with his second half slump. If I was a manager I’d happily accept his whiffs in exchange for everything else he brings to the table. It’s not 1959 anymore, and strikeouts are not the worst thing that can happen.