This is a preview of the Joe Sheehan Baseball Newsletter, an e-mail newsletter about all things baseball, featuring analysis and opinion about the game on and off the field from the perspective of the informed outsider. Joe Sheehan is a founding member of Baseball Prospectus and has been a contributor to Sports Illustrated and Baseball America. He has been writing about baseball for 25 years.
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"I’m thinking about this today because of the Pirates’ offseason, which seems like a decent example of what some teams would do if forced to meet some arbitrary payroll minimum under the current compensation structure. Coming off their second straight hundred-loss season and third straight season of sub-.400 baseball, the Pirates have raised their payroll by 20%, mostly with a series of one-year contracts for veterans."