J.C. Bradbury: Yanks paying what he is worth

For the sabermetric/economists amongst us:

Apparently, CC Sabathia and the New York Yankees have agreed to a seven-year $160 million contract, which is just under $23 million per season. Previously, I had projected Sabathia to be worth $24 million in a six-year deal. (Since I made that initial estimate, I corrected a minor error in my model that resulted in a very slight undervaluing of Sabathia.)

For the next seven years, I have Sabathia valued at just under $26 million a season, so the Yankees are paying about what he is worth.