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How much is a top prospect worth?(Essay)

With salaries for major league free agents skyrocketing, teams are more reluctant than ever to trade their top prospects. These prospects are valuable because if they reach their upside, a major league team has a star caliber player under their control for six full seasons while paying that player much less than what he would earn on the open market. Teams are even reluctant to trade these types of prospects for established major league stars, who may provide more certainty but cost more and may soon be free agents. I was curious to see whether teams were making the right choice by holding on to these prospects. In essence, I wanted to determine what type of value a team could ...

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