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Boston Red Sox Rumors
9:10am: Moncada will receive a $31.5MM signing bonus from the Red Sox, according to Joel Sherman of the New York Post (Twitter links). Sherman adds that the Yankees offered $25MM with a willingness to spend up to $27MM if needed.
Because Boston had already exceeded its international bonus pool — the Sox signed right-handers Chris Acosta and Anderson Espinoza for a combined $3.3MM on July 2 despite having a $188MM signing pool — the team will pay a full 100 percent tax on Moncada’s bonus, bringing the total cost for his services to $63MM.
8:10am: The Red Sox and Cuban infielder Yoan Moncada have reached agreement on a signing bonus in the range of $30MM, reports MLB.com’s Jesse Sanchez (via Twitter). Of course, by signing Moncada to a bonus in the $30MM range, the Red Sox will also be paying a luxury tax worth roughly that same amount, making this in total an approximately $60MM expenditure for Boston. On top of that, the Red Sox will now be restricted from signing any international amateur for more than $300K in the 2015-16 and the 2016-17 international signing periods.
Moncada, a 19-year-old switch-hitting infielder, is the most sought-after international prospect in recent history. Said to be a true five-tool talent, scouts have likened his upside to that of Robinson Cano and Chase Utley (in his prime). Prospect specialists at Baseball America, MLB.com, Baseball Prospectus and Fangraphs have all suggested that Moncada would rank in the top five to 15 prospects in Major League Baseball upon signing, which will make him Boston’s new No. 1 prospect. Unlike recent Cuban signings such as Jose Abreu and Rusney Castillo, however, Moncada will likely require at least one season in the minors — possibly two.
Over the past several months, the Red Sox have been one of the primary teams connected to Moncada, although many believed the Yankees and Dodgers to be in a better position to land him, as the Red Sox don’t have a clear long-term need in the infield with Dustin Pedroia at second base and Pablo Sandoval entering the first of a five-year, $95MM contract. (Sandoval, of course, could move over to first base in a few years.) Xander Bogaerts figures to be the long-term answer at shortstop, though the expectation among scouts is that Moncada will end up at second, third or possibly in center field (where Castillo is currently slotted).
As Sanchez wrote last week, the overage tax must be paid to the league in full by July 15, whereas the bonus can be paid out in installments over the course of the next three years. It’s not known at this time whether or not the Red Sox made the best offer, but agent David Hastings did say recently that size of the bonus would not be the sole determining factor in choosing a team. Moncada also had private workouts for the Yankees, Dodgers, Padres, Brewers, Rays, D-Backs, Tigers, Giants, Rangers and Cubs (though the last two would have been ineligible to sign him until July 2, as they had incurred maximum penalties in the 2013-14 international signing period, thereby restricting them in the 2014-15 period).
With this agreement, Moncada has absolutely shattered the previous record signing bonus for an international amateur. That distinction was held briefly by infielder Roberto Baldoquin, following his $8MM bonus from the Angels earlier this winter, and then held even more briefly by right-hander Yoan Lopez, who received an $8.27MM bonus from the D-Backs. The size of Moncada’s bonus will likely come up in discussing the next collective bargaining agreement, as it figures to be a major talking point among proponents of an international draft.
Here’s the latest on Cuban phenom Yoan Moncada:
- Bids on Moncada are believed to have passed the $20MM mark, Jon Heyman of CBS Sports writes. The Yankees, Red Sox and Padres appear to be the front-runners for Moncada, with the Dodgers a less likely possibility. Heyman suggests earlier reports of a $50MM price tag might be a bit lofty, given that Moncada is only 19 and given the tax that the team signing him would have to pay.
- Cuban Red Sox pitcher Dalier Hinojosa sees plenty of upside in Moncada, who he saw in Serie Nacional in 2012, WEEI.com’s John Tomase and Rob Bradford report. “He’s what we call a five-tool player here, and he was that back then. He can run, throw, he’s physical, hit from both sides, hit for power, hit for average,” Hinojosa says. Hinojosa’s main suggestion for Moncada in adjusting to U.S. baseball is to allow his coaches to help him.
It’s not at all certain that the Red Sox will trade Jackie Bradley Jr., Gordon Edes of ESPN Boston writes. Bradley struggled in the big leagues last season and the Red Sox have plenty of outfielders, but Bradley has limited experience in the high minors and can be optioned, so the Red Sox could easily just send him to Triple-A Pawtucket, where he would benefit from everyday playing time. Bradley’s outstanding defense distinguishes him from the rest of the Red Sox’ collection of outfielders, and there could be space for him in Boston in 2016, given the potential departure of Shane Victorino and the possibility that Hanley Ramirez could move to first base or DH. Here’s more from the East divisions.
- Speaking of Pawtucket, the sale of the PawSox to a group led by Red Sox president and CEO Larry Lucchino will be announced Monday, Kevin McNamara of the Providence Journal writes. The deal does not include McCoy Stadium, the PawSox’ longtime home ballpark. The stadium requires extensive work each year, and the Red Sox have suggested that there’s more work to be done there. The sale, then, raises questions about where the team will play. “With the new ownership group expected to be named on Monday, I, along with [the other leaders], look forward to speaking with the group and learning how the City of Pawtucket will continue to be a partner with them in the future,” says Pawtucket mayor Donald Grebien.
- The Phillies‘ struggles to find the right return for Cole Hamels have delayed their rebuilding process, Tyler Kepner of the New York Times writes. Hamels, who has said he wants to play for a contender, likely wouldn’t block a trade, but he’s valued his time in Philadelphia. “To make my home in Philly and see what sports really do mean to Philly fans, it’s been nice,” says Hamels. “And being able to go out and represent not only the organization but the city of Philadelphia has been an honor. And I think I’ll remain to do so until I’m told that I can’t.”
- The Mets outrighted reliever Scott Rice in October, but it was still an easy decision for Rice to re-sign a minor-league deal with the team, Adam Rubin of ESPN New York writes. “There was nowhere else I wanted to go,” says Rice, who first made the Majors as a 31-year-old Met in 2013. Rice’s 2014 season ended early as he had elbow surgery in late July, but he will compete to be the Mets’ second bullpen lefty this spring.
In today’s column, Nick Cafardo of the Boston Globe writes that the Yankees could actually make a bit of money off of Alex Rodriguez‘s return. The curiosity factor regarding his return is going to generate increased ticket revenue, better TV ratings, and more interest and activity in the Yankees’ brand and licensing, in Cafardo’s estimation. More from today’s column..
- Even though Cole Hamels wants out of Philadelphia, that doesn’t mean the Phillies will rush to make a deal, a team source tells Cafardo. The Phillies don’t have to do anything out of desperation since they’re a big market team with deep pockets and they’re willing to wait for the right deal, perhaps until the trade deadline. Of course, that plan could backfire and the potential return could drop, but a contending team or two in need of a frontline pitcher could drive the price up.
- One GM that was in the hunt for Yoan Moncada but is no longer in the mix said he would bet on the Yankees winning the sweepstakes. “I think their need is great,” said the GM. “They can sell it as the replacement for Robinson Cano. I don’t think anyone wants to pay out that bonus, but he is a special talent and may be the best of the Cuban hitters who have come over.”
- Red Sox manager John Farrell recently said the club will start veteran Shane Victorino in right field if he’s healthy, but Cafardo isn’t buying it. If he is healthy, the Boston Globe scribe expects him to draw interest and be moved.
- Despite rumblings to the contrary, Red Sox chairman Tom Werner says there have been no changes to Larry Lucchino’s role as president and CEO of the Red Sox. “It’s a non-story,” said Werner. “There is no change in his role, nor is there a so-called power struggle. Larry is reporting to John [Henry, the principal owner] and myself, as always.”
Free agency is fun for those of us on the outside to follow, but that’s not necessarily the case for the players themselves. Tim Britton of The Providence Journal kept tabs on now two former members of the Red Sox throughout their free agent process, David Ross and Burke Badenhop. While Ross found a home with the Cubs before Christmas, Badenhop had to wait a little while longer for his deal with the Reds. More from the AL East..
- The most likely scenario in the Cubs/Joe Maddon tampering case is that no evidence will be found to support the Rays‘ claims, Marc Topkin of the Tampa Bay Times writes.
- Juan Francisco‘s minor league deal with the Rays includes an April 5th opt-out and a salary of $2MM (plus incentives) if he makes the team, according to Topkin. Francisco, 28 in June, spent 2014 with the Blue Jays, where he hit .220/.291/.456 with 16 home runs in 320 plate appearances.
- Mitchell Boggs can opt out of his minor league deal with the Red Sox if he isn’t on the big league club by April 4th, according to Rob Bradford of WEEI.com. Bradford believes that the former Cardinals closer could wind up not only making the big league roster, but becoming a valuable piece in the pen. Unsurprisingly, the Red Sox signed Boggs with every intention of having him on the varsity squad. “They communicated with me early in the offseason that it was a major league-type opportunity,” Boggs explained. “It wasn’t depth for the entire year. It was a situation where they wanted me to come in and compete and try to make this team. That’s what I care about.”
- Most of the Yankees‘ moves for young power arms, starting with the signing of free agent Andrew Miller, were made to build a deep bullpen. But, the trade of win-now infielder Martin Prado for Nathan Eovaldi signaled a willingness to gamble on the starting rotation as well, John Harper of the New York Daily News writes. If all goes according to plan, the Yankees could have one of the younger starting rotations in baseball with Masahiro Tanaka, Michael Pineda, Eovaldi, and Ivan Nova. The question marks about their injuries and inconsistency could have made guys like Jon Lester, Max Scherzer, and James Shields to be solid fits, but the Yanks decided instead to play it smart for the long-term.
- Red Sox pitcher Wade Miley thought for several days that he would be traded to the Marlins or Rangers before he wound up in Boston, Pete Abraham of The Boston Globe tweets. Miley first learned that he was headed to the Red Sox when he saw the news on TV.
- With or without permission from St. Petersburg, Rays owner Stuart Sternberg said he’ll seek a replacement stadium no later than 2022, Stephen Nohlgren of the Tampa Bay Times writes.
Red Sox manager John Farrell says the club will start veteran Shane Victorino in right field if he’s healthy, tweets Scott Lauber of the Boston Herald. Farrell added that Victorino is “full go,” indicating that only a setback could change those plans. With Hanley Ramirez the obvious starter in left field, that could mean Mookie Betts and Rusney Castillo will compete for the center field job. Others like Allen Craig, Jackie Bradley, Brock Holt, and Daniel Nava appear thoroughly blocked in the outfield. Here’s more from the AL East.
- Dustin Pedroia is healthy and ready to go, reports Gordon Edes of ESPN Boston. My take: a healthy Pedroia means that Betts and Holt are also blocked in the infield. Should everybody remain healthy, some kind of trade looks all but inevitable. Several players like Betts, Castillo, and Holt still have options, so the club can stow some major league quality talent at Triple-A if necessary.
- The Rays lost great talent this offseason, writes Marc Topkin of the Tampa Bay Times. Executive Andrew Friedman tops the list of 13 impactful losses. His departure is mitigated by the presence of Matt Silverman. Rounding out the top five poignant losses include Ben Zobrist, Joe Maddon, Joel Peralta, and bench coach Dave Martinez.
- Blue Jays top draft pick Max Pentecost has undergone shoulder surgery, reports Ben Nicholson-Smith of SportsNet.ca. Dr. James Andrews performed the procedure. Pentecost, a catcher, is expected to resume throwing in about three months.
- The Blue Jays continue to be faced with three big questions, writes Gregor Chisholm of MLB.com. They include the identity of their closer, second baseman, and fifth starter. Brett Cecil and Aaron Sanchez are expected to compete for ninth inning duties, although Sanchez could factor in the rotation battle too. Other candidates to start include Marco Estrada and prospect Daniel Norris. Second base will probably go to Maicer Izturis, Ryan Goins, or prospect Devon Travis.
- The Yankees are right to allow beleaguered veteran Alex Rodriguez to attend camp, writes Jon Heyman of CBSSports.com. It’s surprising to see other writers suggest the club swallow the $61MM remaining on Rodriguez’s contract without at least giving him a chance to provide some value. If he fails to remain healthy, the club can also recoup part of the money via insurance.
Full Story | Comments | Categories: Aaron Sanchez | Alex Rodriguez | Allen Craig | Boston Red Sox | Brett Cecil | Brock Holt | Daniel Nava | Daniel Norris | Dustin Pedroia | Maicer Izturis | Marco Estrada | Max Pentecost | Mookie Betts | New York Yankees | Rusney Castillo | Shane Victorino | Tampa Bay Rays | Toronto Blue Jays
Yoan Moncada is expected to field final offers this weekend, tweets Scott Miller of Bleacher Report. A decision could come early next week. Miller highlights the Yankees and Dodgers as two favorites to put forward a big offer. Here’s more regarding the final market for the young Cuban.
- The Yankees, Red Sox, and Padres are thought to be the front runners to land Moncada, reports Jon Heyman of CBSSports.com. Heyman notes that this is based on speculation from two rival executives rather than a source in Moncada’s camp. While the Yankees “love” Moncada, a New York official claimed Boston was “all over” him.
- The Dodgers are “lurking” per Heyman. His sources wonder if they might not be more interested in other Cubans like Hector Olivera or Yadier Alvarez.
- The Brewers could be a surprise entrant to the bidding. As you would expect, a small market club might have trouble outbidding the industry titans. Considering an estimated total cost ranging from $70MM to $80MM (including the 100% tax), it would come as a real shock if Milwaukee managed to sign Moncada. Similarly, Heyman wonders if San Diego has the money to muscle past their large market rivals.
GM Ben Cherington and the Red Sox at some point agreed to a contract extension beyond 2015, Alex Speier of the Boston Globe reports. When Cherington agreed to the deal isn’t known, and neither are its terms. Cherington received a contract upon becoming GM in 2011, but he is now signed to a new deal that hadn’t previously been made public.
“I’m under contract. I have a contract,” said Cherington at a press conference today to discuss manager John Farrell’s new deal. “We understand that contracts for people in uniform are important and need to be discussed. … I have a contract. I’m in good shape. There’s no issue. Glad to be working with [principal owner John Henry] and the rest of the group.”
Since Cherington became general manager, the Red Sox have had two losing seasons out of three, but Cherington’s moves to remake the team following an ugly 2012 season helped the Red Sox to a 2013 World Series win and Cherington to a Sporting News Executive of the Year award. This offseason, his big acquisitions have included Pablo Sandoval, Hanley Ramirez, Rick Porcello, Justin Masterson and Wade Miley, and he signed Cuban outfielder Rusney Castillo late last season.
The Red Sox have announced that they’ve extended manager John Farrell through the 2017 season with an option for 2018. The deal adds one year plus an option to Farrell’s current deal, which continues through 2015 with a team option for 2016.
Farrell replaced Bobby Valentine following the 2012 season and led the Red Sox to a World Series win the following season, winning the Sporting News AL Manager of the Year award and finishing second in BBWAA AL Manager of the Year voting. Last season, the Red Sox fell to last place, and Farrell now owns a 168-156 record in two years with the team. Farrell also led the Blue Jays to a 154-170 record as their manager during the 2011 and 2012 seasons.
The Yankees hosted their second private workout for Cuban sensation Yoan Moncada last night, reports George A. King III of the the New York Post. The Yankees like Moncada quite a bit but are a bit leery of the financial commitment it will take to sign the 19-year-old, King adds. He also hears from an international scouting source that the Dodgers could be willing to spend up to $40MM on a bonus for Moncada (meaning an $80MM total commitment after tax), which one scout described to King as “a lot of money for someone to begin at [Single-A].”
Elsewhere in the American League East…
- Orioles GM/executive vice president Dan Duquette spoke to the media on a number of roster-related issues today, and Britt Ghiroli of MLB.com provides a quick rundown of the items discussed. Duquette says the team is still looking to add a reliever, likely on a minor league deal, and he also said there’s little chance of the team avoiding arbitration with Alejandro De Aza, whose hearing is set for tomorrow. Additionally, Duquette revealed that minor league signee Paul Janish had surgery to remove bone spurs from his throwing elbow and will be out six to eight weeks. That news led the team to its now-official minor league deal with Jayson Nix.
- Rays right-hander Kevin Jepsen spoke with Marc Topkin of the Tampa Bay Times about the strange feeling of being traded from the only organization he’s ever known. Traded by the Angels to the Rays for Matt Joyce this offseason, Jepsen, an Arizona resident, describes the peculiar feeling of heading to Spring Training in Florida. Though the transition is jarring, he does have a familiar face in closer Jake McGee, who grew up with Jepsen in Nevada, Topkin writes. The brief look at Jepsen’s transition serves as a reminder of the human element to these transactions that we often take for granted.
- While it’s easy to suggest that the Red Sox should simply trade Shane Victorino, it’s also important for them to maintain some outfield depth, writes Peter Abraham of the Boston Globe. Hanley Ramirez has averaged just 116 games over the past four seasons, and Rusney Castillo is still “more potential than certainty.” A healthy Victorino is typically a valuable asset and could be of use in any outfield spot if needed.
- Abraham also spoke to Brandon Workman, who said he’s not the least bit bothered by being moved from the rotation to the bullpen by the Red Sox. “I want to be in the majors,” Workman told Abraham. “You feel terrible when you get sent back to Triple A and this is where I want to be. I’m not worried about anything else.”