How the Angels Lost Twice—and Big Time—on the Josh Hamilton Deal

The Angels may have maid history with Josh Hamilton—and not in a good way. Here’s why.

Josh Hamilton already has two home runs and a game-winning double in seven games for the Texas Rangers while being paid by the Los Angeles Angels. Ronald Martinez/Getty Images

What’s worse than going overboard in free agency and committing $125 million to a player who doesn’t produce? Apparently, it’s to compound the issue by convincing another team to take him on in a trade—which requires you to pay the majority of his remaining contract—and then watching him flourish for his new team—your division rival.

Just ask the Los Angeles Angels.

Buy high, sell low. It's a recipe for disaster.