Why doesn't anyone ever overpay Bob Howry?

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Bob Howry is apparently one of the most underrated or at least unluckiest relievers in baseball, because for the second straight offseason he’s managed only a one-year deal for modest money while inferior relievers get multi-year pacts for several times as much.
Brandon Lyon got $15 million over three years from the Astros. Fernando Rodney got $11 million over two years from the Angels. LaTroy Hawkins got $7.5 million over two years from the Brewers. John Grabow got $7.5 million over two years from the Cubs. Yet over the weekend Howry inked a one-year, $3 million contract with the Diamondbacks after playing last season on a one-year, $2.75 million deal with the Giants.
During the past half-dozen seasons Howry has had an ERA above 3.39 once, and in the other five years posted marks of 2.47, 2.74, 3.17, 3.32, and 3.39. He’s also been very durable, making 79, 84, 78, 72, and 63 appearances in the past five seasons. Among all active relievers with at least 500 appearances Howry’s adjusted ERA+ of 125 ranks 10th, and in the past six seasons only Mariano Rivera, Joe Nathan, Francisco Rodriguez, Francisco Cordero, Scot Shields, Chad Qualls, and Scott Linebrink have logged as many innings with a better ERA+.
Howry is 36 years old, next season will be his 13th in the big leagues, and he’s had a below-average ERA twice, yet after signing a one-year deal with the Diamondbacks he’s earned around $22 million for his entire career. Not bad money, obviously, but Lyon was just handed $15 million for three years and Danys Baez just finished a three-year, $19 million deal. Sometimes it seems like general managers randomly decide which relievers to overpay, and for whatever reason that dart has never really landed on Howry.

Dustin Pedroia going back on injured list

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Welp, that didn’t last long. Red Sox second baseman Dustin Pedroia is going back on the injured list with more knee issues. If it matters the Sox say it’s not a big deal and they expect him back sooner rather than later, but they also said that his post-2017 knee surgery was just a “cleanup” at first and that basically cost him a year. So.

Pedroia has played in six games and is 2-for-20 with a walk.

I don’t think it’s hyperbole to say that Pedroia’s career may be nearing an end. Sure, he’s under contract for two more years after this season, but he’s also in a unfortunate spiral that so many players experience in their mid-to-late 30s.

Running a website like this makes it all the clearer, actually. When you search a player’s name in our CMS, you get every post in which he appears in reverse chronological order. Just about every long-tenured player ends with about six posts in which he is alternately placed on and activated from the disabled/injured list. Then an offseason link to a big feature in which he’s written about as being “at a crossroads” followed by something vague about “resuming baseball activities” and then, inevitably, the retirement announcement. I can’t count the number of guys whose careers I can tick off in that way by browsing the guts of this site.

I hope that’s not the case for Pedroia. I hope that there’s a “Pedroia wins Comeback Player of the Year” post in the future. Or at the very least a silly “Miller’s Crossing” reference in an “And that Happened” in which I say “the old man’s still an artist with the Thompson” after he peppers the ball around in some 3-for-4, two-double game. I want that stuff to happen.

It’s just that, if you watch this game long enough, you realize how unlikely that is once a player starts to break down.