He is over paid, no doubt but the Pirates are paying part of the tab. They picked up in the trades for Hudson and Mulder:
Danny Haren
Kiko Colero
Juan Cruz
Dan Meyer
Daric Barton and someone else I believe.
Look at what Mulder did down the stretch last year and consider that they couldn't resign Hudson for what he could get elsewhere and he came out okay.
How are those guys. I'm not really familiar.