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Is Papelbon worth $15M a year?

It's a dangerous risk, but Red Sox closer's consistency makes a strong argument

Updated: November 4, 2011, 1:26 PM ET
By Jeremy Lundblad | ESPNBoston.com

How much is too much when it comes to relief pitchers? With Jonathan Papelbon set to test the free-agent market, that question becomes central to the offseason plans of the Boston Red Sox.

It was easy to envision 2011 as Papelbon's final season in Boston given his apparent regression and Daniel Bard's emergence. However, Papelbon allayed fears of his decline, posting the second-best strikeout-to-walk ratio of his career. He reestablished himself as a dominant late-inning presence, while ...

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