I want to continue the conversation about Jason Kendall because I think it's relevant to player evaluation and worth. The comparison between Brad Ausmus and Jason Kendall was brought up. Ausmus made $4 million last year with the Astros. Now, that's horrible for obvious reasons but at least he had a WARP of 3.3 with positive defensive stats. Kendall had a fantastic WARP of 0.1 and 0.9 split between the A's and Cubs. PECOTA has them projected for WARPs of 1.3 and 1.7 for Ausmus and Kendall respectively (link for Ausmus and link for Kendall).
So they're both pretty terrible players at this point. But Kendall is making $4.25 million in guaranteed money this year. Ausmus is making $2 million. Also, PECOTA has Kendall down as a below average defensive catcher and that will only worsen with age. At least Ausmus still has a positive defensive rating.
That's the entire point, though. Ausmus is being properly valued as a defensively minded, veteran catcher who can help a rookie, Towles, make the transition into the bigs. Kendall is being paid as if he's still a starter, a guy who can positively contribute to the team offensively and defensively. And he can't do either, really. The contract is just horrid and above market any way you cut it.
Oh, and one other thing in Ausmus' favor: he went to Dartmouth. 'Nuff said.