Adam Smith was wrong
The rumored state of trade negotiations for Rick Nash reminds me first of Nash Equilibrium as a solution, and secondly of the movie Equilibrium as a metaphor for the problem. When I say “reminds me,” I mean beats me over the head with blatant similarities.
Nash isn’t the blonde, not by a long shot right now. There is no blonde, because John Nash’s theory has permeated our way of doing business so that there is hardly ever a blonde anymore. Were Zach Parise or Ryan Suter the blondes? Hardly– they didn’t get left standing alone, but there was certainly some blocking going on. That’s not to say Matt Carle might not have felt like one of her friends the day after they signed. Oh well, I hope Detroit and Philly didn’t want him too badly. (more…)
Relative value: Jagr and Nash in 2012
Jaromir Jagr took some flak at the start of last season for signing with the Flyers despite getting offers from the Penguins and the Red Wings. The general complaint was that this was disloyal to the Pens and he did it for the $3.3 million. That was more than anyone else offered him. He finished the season to much acclaim as a big asset in the dressing room, a wonderful role model for younger players, and a contributor of 54 points.
Now he is reported to be asking $4 million for his services and is not expected to return to the Flyers. I would have been surprised if he had, even though he said he’d had more fun there than he had in a very long time. I don’t think he would have had as much fun the second time around, because I think that peripheral stuff that doesn’t show up in the stats is more important to him than it is to most teams. Unfortunately, that stuff doesn’t repeat very well with the same team. (more…)