I am going to guess that the TPA exists because of inexperienced managers. If an experienced manager knowingly overbids on a player, something more than a TPA should happen. Also, please attempt to not twist this into the same thing. An educated manager investing a large sum into a future star is not the same as a new one falling victim to a lame starting transfer price.
My messages are sometimes coded. They relate to the topic in ways that only the true followers can understand. Everyone else will be dust when the Big One hits.