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Gil Meche's Fantasy Value

How are fantasy teams valuing $55MM pitcher Gil Meche?  Let's look at a couple of real-life fantasy league moves to get an idea of what to expect when the drafting begins in March.

In my AL-only league, his salary is $1 - the lowest possible bid in a $260 per team draft.  He was dealt, along with the 8th pick in our minor league draft, for a $33 Vernon Wells on Monday.  This is a salary cap move primarily - a $1 keeper for a $33 one.  With draft inflation, Wells is arguably $5 to $10 under-valued. There is no way Meche is equally so.

Today, the team that acquired Meche flipped him for a $10 Chris Shelton, $5 Alex Casilla, $3 Rafael Betancourt and a $1 Dustin Hermanson.  With Sean Casey in Detroit and Joe Borowski in Clevelnad, Alex Casilla has the most value.

FWIW, I had a standing offer, made on Tuesday, of a $2 Kevin Millar for Meche.  I think it was the better offer.