The recent signings of Placido Polanco and Chone Figgins by the Phillies and Mariners came in at relatively inexpensive deals compared to what the recent value of their performances might suggest. Polanco certainly seems like at least an average hitter for a third baseman, and probably is likely to play at least average defense at third as well. As I'll get into, the typical market rate for a third baseman of Polanco's abilities as a 34-year-old would be for about $25 million for a three-year deal. However, Polanco signed for $18 million plus a mutual option.
Baseball Prospectus
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