http://www.sfgate.com/giants/article/Giants-GM-Sabean-talks-Moncada-payroll-spending-6097453.php"In one of Sabean's more interesting comments, he offered a bit more insight into why he does not pursue more of the high-ticket free agents.
"To entice a free agent to come to San Francisco, we're almost in an overpay situation, so why get involved in all those battles where you're not going to be able to go up the totem pole money-wise?" Sabean said.
When asked to elaborate on why the Giants have to overpay, Sabean said, "You've got the state of California taxes. (San Francisco) is a long way from where some of these guys live in the offseason. It's not a hitters' ballpark, so you can scratch that side of the fence. It takes the right pitcher to consider wanting to come there for a number of different reasons, some of them I just mentioned, even if it's a pitchers' ballpark in a pitchers' division."
Asked if the high California income tax has been a problem for a while, Sabean said, "To a certain extent. Things now are getting more and more about the signing bonus, more and more about your take-home. Exponentially, when you get involved in some of those numbers, it makes a sizable difference to some.""