Most overpaid MLB players

Going into the 2008 season, 124 baseball players hold contracts with an annual salary of $8 million or more. Getting a contract of that value generally means a player has shown his worth with great performances or long-term durability. Teams, however, sometimes overpay for past performance.

Eighty-six of those 124 players carried over their contract from the previous season, but some did not produce enough last year to justify the salary paid. By examining these players and their contracts, is it possible to avoid such mistakes in the future?

To evaluate a player’s output versus his salary, “Win Shares” provides a single number of a players value, including batting, fielding and pitch