Marlon Byrd is a nice fourth outfielder who could play every day on a non-contender, but he doesn't handle centerfield well enough to play it every day on a team with aspirations of playoff contention and doesn't hit well enough to play every day in an outfield corner. He boosted his overall stats the last few years playing in a good hitters' park in Texas, posting a .290/.339/.415 line in 516 road PA over that time, a line that won't cut it in left or right field, and he's no better than average defensively in center, perhaps less if he has to play it 150 times a season. He replaces Milton Bradley and Bradley's replacements, but even with the off year Bradley was more productive for the Cubs on a rate basis than Byrd was in Texas, and the Cubs have improved by less than a win between the pair of moves.

Paying Marlon Byrd $5 million per year (although the deal is backloaded, so his salary will be increasing as he ages and his value decreases) isn't going to sink the Cubs, nor is it an enormous loss of value, but giving a player who shouldn't be playing every day three guaranteed years into his mid-30s seems like a risky decision. And since it comes on the heels of a deal where they had to give away the last outfielder to whom they gave a three-year contract (a deal they only pulled off by taking back one of the worst pitchers currently on a 40-man roster), it makes even less sense. The odds are good that Jim Hendry (or his successor) will be trying to dump Byrd's contract on another club before 2012.