Lies, Damned Lies, No Statistics

Certain headlines repeat themselves year after year at spring training. Some are harmless. Some are true. And some are unmitigated hooey. For example:

1. "Team X spent $400M this offseason!" - No they didn't. They may have signed contracts for $400M, spread out over however many years, but that's not the same thing as saying they plunked down a half billion dollars all in one spot. Throw in the interesting tax ramifications of player salaries (thanks for nothing, Bill Veeck), money that's coming off the books at the same time those contracts are going on, and various and sundry other factors, and the actual dollar amounts teams are "spending" at any given time is slightly less jaw-dropping - or sensational.