The Mets don't understand economics

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Via Matthew Cerrone’s MetsBlog is word from Newsday’s Ken Davidoff that “According to a Mets official, if the team fails to secure [Jason] Bay, it will
strongly consider raising its offer to Molina.  But if Bay signs, the
Mets will hold a harder line with Molina.”

Which is profoundly stupid.

Bengie Molina is probably not even worth what the Mets have already offered him, but even if he was, how would Bay not accepting his offer suddenly make Bengie Molina more valuable? Did Omar honestly sit down in November and decide that his free agent budget is $X, and it will be spent on as many or as few players as possible?

It’s one thing to have an overall offseason strategy, but any one player’s value should be arrived at independent of what you’re doing with another player.  We already know that Omar Minaya is, well, limited as a GM, but if this report is true, someone should relieve him of command like he was Captain Queeq in the typhoon, because this destroyer is about to founder.