The phenomenon, also called 'sunk costs,' is a key part of game's economics. Examples: Toronto's paying $5 million of Vernon Wells' Angels salary, while Angels pay $11 million to Gary Matthews Jr., who's out of baseball.The phenomenon, also called 'sunk costs,' is a key part of game's economics. Examples: Toronto's paying $5 million of Vernon Wells' Angels salary, while Angels pay $11 million to Gary Matthews Jr., who's out of baseball.
'Dead money' lives on to haunt teams that continue to pay former players
Published April 29, 2011 at 6:35 PM
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