I wanted to refer everyone to Rany Jazayerli's latest offering over at Grantland. Jazayerli believes he has discovered something:
for perhaps the first time in baseball history, minor league prospects seem to be overvalued by MLB front offices...
We've reached a point where trading away prospects is the new market inefficiency.
The Jays trading Molina for Santos is Exhibit A in his argument; Arizona trading Jarrod Parker and two other prospects to Oakland for Trevor Cahill is Exhibit B. Anyway, I think he might be on to something. Certainly the modern well-informed fan does seem to become extremely attached to young men who have never actually accomplished anything in the major leagues. Many of them never will, either.