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Bay, Red Sox Put Extension Talks Aside

3:53pm: Adam Kilgore of the Globe says Theo Epstein characterized his offer as "aggressive," and has no hard feelings towards Bay. It looks like talks will resume after the season.

3:37pm: Amalie Benjamin of the Boston Globe says the Red Sox and Jason Bay won't discuss a contract extension until after the season. The two sides had been talking since May, and the Red Sox made an offer about a week ago, but the talks will stop until the season ends, at which point the Red Sox have 15 days of exclusive negotiating rights with Bay.

9:18am: During the All-Star break Jason Bay's agent spoke with the Red Sox about extending his client's stay in Boston, but talks didn't develop significantly, according to Alex Speier of WEEI.com. However, the two sides would like to keep the free agent-to-be on the Red Sox.

Earlier in the year WEEI.com reported that Bay was seeking a three or four year deal worth about $14MM per season. The Red Sox, however, pointed to Adam Dunn's two-year $20MM deal as a point of reference for the discussions. The market for outfielders hasn't settled since then and that has contributed to the slow pace of the talks.

Bay, who will head this year's class of free agents with Matt Holliday, hasn't imposed any deadlines on the negotiations and appears to want to stay in Boston.


Comments

Meet in the middle and sign him to a Mike Lowell 3yr/$37.5M dollar deal...

Just get it done, fellas.

I really hope that they didn't try bay's gangsta with 2/20 million. That is a slap in the face. He deserves 14-16 million a year. His age complicates the years but if Boston is going to throw Dunns contract out there say goodbye to Bay Boston fans.

"I really hope that they didn't try bay's gangsta with 2/20 million. That is a slap in the face. "

Relax. They'll offer more than two years. Dunn is just a current market comparison point. As in, "Dunn only got 2/20. We'll give you 3/37.5 (and then compromise for 4/50).

The biggest problem for the Sox is that they're (over)paying Drew $14M/year. Bay is certainly worth more than Drew.

The biggest problem for the Sox is that they're (over)paying Drew $14M/year. Bay is certainly worth more than Drew.


Posted by: Little Bear | July 17, 2009 at 09:41 AM

No, courtesy of Fansgraphs, Drew has been the more valuable player this year thanks to his defense.

Bay consisently crappy defense hurts his overall value... especially moving forward.

He would probably be the full-time DH by 2011 when Papi's contract is up.

Let Bay walk and the Yankees will give him 4 years 18M/per. Sign Holliday for 4-6 years for less per year or about 18M, too.

I've been laughing at Bay's agent since day one. I love Jason Bay. Best addition the Red Sox have made since Beckett/Lowell (not that there has been much else to compare besides Dice-K as Lugo turned out horrid and even Matsuzaka is shakey now). However, he hit .250 last season and since he hit .300 (I believe in his second season) his average has steadily dropped each year. If Bay can be a .280 hitter with 40 homers and 115-130 RBI's a season then sure I say go ahead and ink him for 56 mil over 4 years. However, if he continues at the .260 rate and fails to hit either the 115 rbi or 40 homer mark (even by 1), I can't see him being valued at over 3 years 30 million. I think that will be his top offer and the Red Sox will happily accept him back anyway at that. The Yankees may make a bid, but if they want Bay, we go Holliday or move some young pitching for a slugger like Miguel Cabrera or similar. This is the first time I can really ever say what happens to such a significant player, really means nothing to the franchise. Bay has no leverage.

Bay has no leverage.

Posted by: Santana/Beckett FTW | July 17, 2009 at 10:33 AM

I agreed with most of this post until the last sentence.

The Yanks are not the only big market team who has an opening in LF next year. He'll have plenty of suitors.

I mentioned this a few days back, but can we all safely assume Bay will sign for market value when guys like Brian Sabean are in charge of running a franchise?

I could see him giving Bay a Torii Hunter 5yr/$90M dollar deal. He's a bad GM and starving for offense. Not a good combo if you're Theo.

If Bay is seeking a three to four year deal for about $14mil/year, then I think a 3yr, 14/ deal is acceptable. Yeah, Dunn signed for 10/ for two years, but Bay is at least a BIT better than him defensively and is an obvious upgrade over him on the basepaths. I think that overrall that would be a good deal. They don't need to go to that fourth year though. That is getting into a danger area. Plus, that gives the sox one season of Bay after Drew's contract goes, so you don't have them all expiring at one time but can move things in and out better.

The problem is the market. In a better economy, someone would shell out 5 years/90 million for a guy like Bay. The Red Sox want to go as cheap as possible because of the albatross that is J.D. Drew's contract. I've never understood MLB's love fest with that guy...But I digress...Bay and the Sox should meet in the middle, as stated above. 3 years/37.5 million sounds fair.

Speculation here, but I see Jermaine Dye as a good fit for the Red Sox...with probably a more favorable contract than a Bay/Holliday.

Dye is an intriguing thought on a short deal next year. He could definitely handle left field in Fenway even at his age.

Yeah-I think the short deal is key, 1 year plus option.
Main reason is Joe Mauer.

Holliday and Bay will likely take 5 years to get.

I still think Mauer isn't going anywhere, no matter how much Boston/New York media drool over him. He means too much to Minny.

"No, courtesy of Fansgraphs, Drew has been the more valuable player this year thanks to his defense."

Every time I see FanGraphs quoted, it's something spectacularly stupid like this. I don't trust the site at all.

I doubt if even 5% of the people who watch the Red Sox play every day think that Drew is worth more than Bay. Even when he's not out with an injury, Drew is barely more than a platoon player. Bay plays every day, no matter who is pitching, and has a 53 point higher OPS.

I think it should be a 3yr/ 40M deal with a vesting option for a 4th year. The problem with the thinking of Holliday is he will require possibly a Type A free agent loss of our own 1st Round pick as well. I havent seen that out of Theo, especially when we did not give up this year's pick to acquire Texeira.

Every time I see FanGraphs quoted, it's something spectacularly stupid like this. I don't trust the site at all.

I doubt if even 5% of the people who watch the Red Sox play every day think that Drew is worth more than Bay. Even when he's not out with an injury, Drew is barely more than a platoon player. Bay plays every day, no matter who is pitching, and has a 53 point higher OPS.


Posted by: Little Bear | July 17, 2009 at 11:52 AM

Maybe you should start a petition to shut down fangraphs then...

But I like your analysis:

Take away almost every metric, both offensively and defensively... and compare players based on OPS numbers, nothing more.

What's more valuable to you?

a 1 pitch single?

or a 7 pitch walk?

Just because Drew doesn't slam 40 HRs a year doesn't mean he's not as valuable as a player like Bay.

Drew is exactly the kind of player Theo covet's. A high OBP machine who plays outstanding defense.

If you don't like these types because he doesn't hit 40 homeruns, then you might want to root for a different team... because I doubt Theo's philosophy is going to change anytime soon.

It's pretty surprising how bad his defense is really. His WAR is equal to Denoard Span and below guys like Holliday and Nyjer because of it, despite how much better his bat has been.

i wouldn't put bay and holliday in a nyjer/ span category though

Yeah I agree, just shocking when you look at the offense with Bay and then the others and see they are all on the same level overall. I understand Span and Nyjer are several tiers below in talent, just an observation relating Bays defense.

:/ not good

No way he signs for that, there will be plenty of teams wanting him, he is the best FA available, and is a better all around player than Dunn.

can everybody just relax bay WILL be with the red sox next year

"Amalie Benjamin of the Boston Globe says the Red Sox and Jason Bay won't discuss a contract extension until after the season. The two sides had been talking since May, and the Red Sox made an offer about a week ago, but the talks will stop until the season ends, at which point the Red Sox have 15 days of exclusive negotiating rights with Bay."

Ahhh... well this should calm Bay down knowing he doesn't have a deal in place and he's sporting a .224/.328/.395 line since June 1st coupled with some crappy defense.

Yes, no pressure Jason! Roll that dice!

Why in the world would anyone pay Holliday 18 million a year when he has no power this year? Its gonna take 5 years minimum to get a deal done. I wouldn't pay him more than 13 per, but I could see a reckless club giving him 16 to 18.

Dear Jason,

Left Field is open in San Francisco. WE OVERPAY!

See you next year!!

Good point about Dye. He is going to be the steal of the free agent class next year because he still somehow flys under the radar yet being one of the most consistent players in the game. The guy still does not get his props even though he puts up great numbers every year and goes about it his business day in and day out.

While the Sox and Yankees are busy fussing over Holliday and Bay next year somebody is going to swoop in and steal Dye and probably get the better player out of the 3.

Personally I would love to see Dye manning RF for the Yankees next year hitting 5th everyday right behind Arod. The Yankees don't need a star they need a rock and that is what Dye is.

@midtown:
If Dye declines his option, why not let Bay walk, collect the 2 draft picks, and then sign Dye to a 2 year deal, and not give up any draft picks?

The Red Sox will throw a million offers at Bay and I'm sure he'll take one of them, knowing he'll make alot of money while playing for a good team, year after year.

In the event that the Red Sox "strikeout" with re-signing Jason Bay, Matt Holliday would be the Boston's next target.

Look, Bay is hitting in the .250's. Yes he hits homers and has a good OBP. But he plays below average defense and if he finishes at .250 or below, I don't see where the Sox will pay him what he wants.

"But then, playing left at Fenway isn't like playing left at any other stadium."

Manny did it. How hard can it be?

Tomorrow's MLBTR headline: Penny back on the market

re: penny on the market; but only for a package with a talent like J Smoak

//gammoned

You could afford to give Dye more years, less annual in Fenway's LF as long as you don't think his offensive production will fall off too bad. His arm in a short left field would be ridiculous as well

Red Sox are cheap. The Giants could easily offer 5 yrs at $20 million per. I'm glad they've tabled contract discussions ... Bay will not be with the Red Sox next year!

The Sox and Bay should both find the middle ground - 3yrs at 12.5m per with a team option for a fourth year at the same rate.

Bay is overplaying his hand if he holds out for the extra 1.5m, and the Sox are being foolish if they are sticking to the 2/20 deal.

Bay's swing and creaky knees make him a good fit in Fenway's LF. The hole in his swing is becoming more exploited as AL teams get a better look at him. He fits well in the 5 or 6 hole over the next three years.

They should both get this thing done so they can both focus on other stuff.

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