So I took the “value” derived from Fangraphs and compared that to their stated salary (via Cot’s, using just base salary to keep it simple). To state the obvious, the higher you are, the more value you have delivered for the team. The converse is also true. Let’s for the sake of this simple exercise, suspend all debates about the derivation of “value” since it includes WAR, which, according to some, can be skewed by the vagaries of defensive metrics and just accept them at face value.
Alas, the 2011 Yankees: Value vs. Salary (figures through 9/21/11):
[click to enlarge]
Note: not every player on the roster has been shown above and for those at league minimum range but not disclosed, a salary of $400K was assumed.