Overpaid and underpaid are relative terms when used to discuss Major League Baseball players.
In one sense, every single player in baseball is overpaid, afforded millions to play a game and making more money than most people in the world.
Of course, that's a narrow view of the sports and entertainment world. Great athletes are compensated on a supply and demand scale. Very, very few baseball players reach the majors. When they arrive and thrive among their peers, riches will eventually come in the form of contract status and security.
This offseason, activity has been plentiful on the open market. With billions of dollars floating around the game, a slew of players were in line to gain more than they are worth, from strictly a baseball perspective.
As we go through the All-Overpaid Team, don't expect to see Clayton Kershaw's $215 million contract or Robinson Cano's $240 million pact mentioned. Those players, despite the outrageous sticker value of their new deals, have proven to be durable, superstar-level contributors for years. In the parlance of baseball value, they aren't overpaid.
Due to a combination of durability, value and risk, the following players are overpaid and likely to make their clubs regret the day these contracts were inked.
*Statistics courtesy of Baseball-Reference and Fangraphs, unless otherwise noted. All contract figures courtesy of Cot's Baseball Contracts.