Yep. I think FanGraphs is better than Jackos value system. Duh.
Jacko weakly looked at other players with roughly the same OPS and their cost and said that was roughly their value. We need not explain to a doctor why that's a weak argument. However, if we need to then 1) make sure to cancel all of my future appointments with the doctor and 2) there are numerous reasons, including the random nature of the salaries those players get (Matt Hollidays value is suddenly the amount the Cardinals were willing to pay? Nick Markakis's value is suddenly what the Orioles were willing to pay a player who has yet to reach FA?) All of this presupposes that other teams are paying their players accurately and the Red Sox are not.
It also shows a fundamental misunderstanding of what seems to be a cardinal rule of valuing players; namely, FAs are worth different things to different teams based on what the wins they offer will provide for that team. A-Rod's $20m+ salary for Texas wasn't worth it if the team finished in last place, but it is worth it for the Yankees if it pushes them over the threshold into the playoffs year in and year out. We've been over this before and it is a pretty well established way of thinking about player value.
Also, lets stop using OPS as some sort of equivalent measure between players. We all know that one point in OBP is more valuable than one point in SLG, right? Or do we need to go over that again?
I think there's a lot of conflated arguments here. Saying that Drew has been worth $14m isn't the same as saying that he is worth $14m (as in "he will continue to produce at $14m" or "he will assuredly be worth $14m"). In my eyes, the fact that he has "only" been worth an average of $14m means that his contract has been an even-sum game for the franchise, not a net win or loss. I would bet that given the opportunity again they wouldn't offer that much, knowing what they know now. They want net gains from their players, not neutral outcomes.