Stillers Extend Ward�
In a move of imbecilic stupidity and poor foresight, the Stillers extended WR Hines Ward with a new extension.� In terms of "new money," the extension is worth about $9.5 million and includes a $2.5 million signing bonus.
Here's why this was a foolish move:
In the Stillers offense, and with Ward's bare minimum of game-breaking skills, Ward was NOT going to put up eye-catching numbers.�� Had he entered FA in March, about 2 teams would have shown light, casual interest in Ward --- as a complementary #2 receiver.�� You extend players who are ripe to get lavished with gold-mine offers -- players like EARL HOLMES.��� The team has gone out of its way to extend some decent, but hardly sought-after players, all the while ignoring Earl Holmes, who will be a very highly sought-after player come March.�� Holmes -- a premier ILB and defensive LEADER -- should be the guy the team should target, not a complimentary player like Ward.�� Remember, if Holmes departs as a FA, you now have a GAPING hole at ILB, and you've got to either reach high in the draft, or make a trade or a signing of a veteran ILB.�� (Mike Jones is surely no starting ILB.)��� If Ward departs as a FA, a 3rd round draft choice or low-priced FA simply steps in as the #2 or #3 WR.
Ward is a nice complimentary #2 or #3 receiver...nothing more.�� He could have easily been re-signed, or, if he departed, one of about 47 other complimentary receivers would have been available, as would Bobby Shaw, a guy who put up as good of numbers, if not better, than Ward in '00, despite getting far less playing time.� Go check out the Raider depth chart, for example...Tim Brown, Jerry Rice, James Jett, Jerry Porter.�� Oakland wouldn�t offer more than about $600K for Hines, and if Hines accepted it, he�d be fighting with ex-Stiller David Dunn for the #5 spot on their WR depth chart.� Go check out the Ram depth chart, where they have 4 receivers who are all better than Hines Ward.�
The key to working capanomics is recognizing supply and demand.� When you have a 1-of-a-kind player who is low in supply and high in demand, then you basically overpay him and extend him as soon as possible.� In the case of the opposite -- a 79-of-a-kind player who is high in supply and low in demand, ya lowball him and avoid extensions unless the player is willing to accept a relatively low salary.��