In this previous post, I explained why getting rid of Carlos Silva, despite his $11.5 million in salary that the Cubs would have to pay him, was a good decision. Here is what team owner Tom Ricketts has to say.
"One of the things (Hendry and I) talked about is it doesn't matter what a guy makes when it comes to roster decisions," Ricketts said. "We knew it was a possibility there might not be a spot for him, and that's just the way it is. You have to have the best team on the field. That's what counts."
Silva's contracted salary was a sunk cost - a cost that is unavoidable no matter what decision is made. Sunk costs should not be considered when making a decision. Instead, consider those costs which can be avoided.