Also, if you believe in WAR-based monetary value, according to Fangraphs, Mike Pelfrey's contribution to the Twins in 2013 (a down season) was worth $10.7 million
I'm not saying you aren't correct, but I would never pay Pelfrey 10 million a year to do what he did last season. This is pretty controversial and why I prefer BR to Fangraphs.
Pelfrey fWAR: 2.1
Pelfrey bWAR: -0.3
He looked below replacement level last season and bWAR reflects that. I like FIP as much as the next guy, but I like it much more as a predictor rather than an evaluator.