I am with you it could be an overpay but it isn’t for what you mention. They will make so much off Ohtani and he is the arguably the best superstar since Bonds. Totally worth it.
Yeah, there definitely isn't an established market for him because this is the first time we've seen something like this. It's uncharted territory.
Teams with lack of market and cheap ownership have zero chance unless everything goes their way. A team like the Rays is a perfect example. No fans/lack of revenue but they make great moves, develop players and beneficial trades. They made a WS but there is a clear ceiling. It is basically impossible to compete. I would think the same way if my team was a big spender. Other sports have these rules and that makes baseball unique and it wasn’t so lopsided years ago but it is now.
Imo, if a team can't make what they need to in order to compete...move. If they have an owner who can't/won't spend...fans can pressure them to start spending or sell the team. I'm against punishing a team because they have an owner who will spend in a market that can sustain it. I'd feel the same if I was a fan of a small market team.
I will say though, that I do like leagues having a salary floor so teams have to at least try to put together competitive rosters.
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