ESPN’s Buster Olney opines that the Mets should not commit to Yoenis Cespedes, as they’d be better served holding onto the remaining resources they have in order to see what needs might arise during the season (ESPN Insider subscription required). Barring a sudden increase in payroll from ownership, he says, rashly pursuing Cespedes could prevent the team from addressing a more significant area this coming summer. But public pressure is growing for New York to make a play for the team’s 2015 trade-deadline star, he notes.
More on the market …
- John Harper of the New York Daily News feels that the Justin Upton signing further adds to the pressure on the Mets, though he also adds that the $132.75MM guarantee probably indicates that Upton had significant interest from multiple teams. If that’s the case, some of those clubs could very well turn their attention to Cespedes. If Cespedes lands a comparable or greater deal, Harper points out, it will explain why the Mets failed to bring him back into the fold. However, if he signs for three or four years elsewhere, Harper believes it’ll be hard for the Mets to justify their lack of spending. As we’ve discussed often here at MLBTR, though, short-term or even mid-range scenarios such as Harper describes continue to appear unlikely for Cespedes, who — like Upton — still figures to find a large and lengthy guarantee despite his extended wait on the market.
- When evaluating baseball contracts, the concept of deferred money is both rightly referenced and often misunderstood. Dave Cameron of Fangraphs provides good perspective on the recent Chris Davis deal, explaining that the total value of his contract can’t just be discounted all the way to one, lump-sum present value — at least, that is, unless we treat every other contract the same way. (Point being: we typically add up future payouts in multi-year deals without discounting their value, even though the same rationale applies to all money owed in the future, whether or not “deferred.”) Cameron attempts to put the Davis deal on roughly the same footing as a more typically structured deal that pays out annual salaries in the year they are earned, concluding that the $161MM guarantee is probably best thought of as a $148MM pact.
- Veteran reliever Joe Nathan is getting bites from around ten teams, SB Nation’s Chris Cotillo tweets. Nathan is looking to come back from Tommy John surgery at 41 years of age. While he’s not likely to be signed with any grand expectations, and struggled in his most recent run with the Tigers, it’s easy to see why teams would be willing to give him a shot given that he remained productive well in his late thirties.
- Free agency is typically the most straightforward way to address a need, and Anthony Castrovince of Sports on Earth looks at what teams have done to address the biggest problem areas around the league from the 2015 season.