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Erik Bedard & Neal Huntington's Free Agency Signings

With Bedard out the door DK revisits a portion of NH's track record with respect to free agent signings, or at least the unsuccessful portion in his most recent column: "Of the 16 free agents Neal Huntington has signed for $750,000 or more, an astounding 10 — Byung-Hyun Kim, Ramon Vazquez, Eric Hinske, Craig Monroe, Ryan Church, Bobby Crosby, Lyle Overbay, Matt Diaz, Nate McLouth and now Bedard — were released or dumped in negligible midseason trades." Obviously all of the above underperformed or performed about to pre-established low expectations. However what's missing here I think is context. All of Huntington's free agent signings have been for 5.5 million or less. How does the total WAR and average WAR of these players compare to the 5.5 million and below signings of the other 29 clubs? I literally have no idea and would be curious if someone else has info on the subject. Generally at that price you're getting a marginal or pretty flawed player so I can't imagine the success rate is especially high across the board.

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