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Homer Bailey Rumors
The Reds announced today that right-hander Mat Latos had minor surgery to repair a meniscus tear in his left knee. He's scheduled to return to his regular throwing program in 10 days (Twitter links). MLB.com's Mark Sheldon writes that Latos injured the knee a couple of days ago when he slipped while playing long-toss. Latos also had surgery to remove bone chips from his right elbow back in October, Sheldon adds. Though the club does not seem overly concerned, it remains uncertain whether or not Latos will be ready for Opening Day. Here's more from the NL Central…
- Fellow Reds hurler Homer Bailey says that he is still in extension talks with the club, the Cincinnati Enquirer's C. Trent Rosecrans reports. Even with an arbitration hearing scheduled for February 20th, Bailey said that the sides "haven't really talked one-year that much, it's been primarily multi-year." It was recently reported that, though talks continued, Bailey and the Reds remain far apart.
- For another extension candidate, Jeff Samardzija of the Cubs, the reported gap in negotiations may be generating some friction, as Mark Gonzales of the Chicago Tribune reports. "The emotional attachment I have to this organization, a lot of times you just give the benefit of the doubt," said Samardzija. But, he added: "The more this process goes along, the more I realize it is a business and that only goes so far."
- Samardzija painted a picture of a negotiation process in which both parties fully understood the others' position, but are seemingly unwilling to give in. "If there wasn't a gap, we would have signed," said Samardzija. "But both sides are justified. It's not like anyone is asking for some outlandish concept. I understand where they're coming from, and they understand where we're coming from. That's really all there is to say."
- Meanwhile, Cubs president of baseball operations Theo Epstein says that the team kept some of its off-season powder dry, MLB.com's Carrie Muskat reports. "In the two previous off-seasons, we've spent every dollar available to us," said Epstein, "and this is the first winter where we ended up keeping some in reserve to be used on players [that are] hopefully prime-age, impact-type players down the road. It gives us a bit of a leg up as we look toward next winter or an in-season move that might make the present and the future better." Epstein went on to discuss how those funds could be put to use. "Rather than just spend the money to spend it," said Epstein," if we can book that and have it available to us to sign that international free agent who comes along in the summer or to acquire a player in a trade who carries significant salary but fits for the long term, or to just start out next off-season knowing we can be a little more aggressive on the guys we really want early because the money will be available to us, that made more sense than spending the money now just to spend it."
- The Pirates have heard some complaints about their failure to spend significant money this off-season, but the club seems unconcerned, reports MLB.com's Tom Singer. "Payroll does not equal playoff," quipped GM Neal Huntington. Having decided against making any big splashes, the Bucs will look to replicate last year's success by once more getting contributions from homegrown talent. "We are really excited by where we can get to with some of the younger players we'll see in this camp," said Huntington. "The challenge is knowing when they will be ready, because when they get here, they will have to help." Manager Clint Hurdle said that the organization "will always rely heavily on developing our own talent," placing Pittsburgh among half of the league in that respect. "You have to anticipate change and get ready for change," said Hurdle. "We have created a culture of opportunity and manning up."
- Right-hander Pat Neshek had multiple offers this offseason but chose to sign with the Cardinals because of the chance it presented him to get to a World Series, he told MLB.com's Jenifer Langosch. Neshek said that he is open to pitching for Triple-A and waiting for a spot to open up: "If I have to go down to Memphis, that's fine. There would be no problems from me. From my past experiences, if you do well, you're going to get an opportunity. It might not be right away."
Jeff Todd contributed to this post.
Even though most of Alex Rodriguez's 2014 salary will be wiped out by his season-long PED suspension, the controversial slugger's contract is still ranked as the worst in baseball by Grantland's Jonah Keri. Of Keri's list of the 15 worst contracts in the sport, the Dodgers have four, the Yankees, Angels and Braves each have two and the Reds, Rangers, Phillies, Blue Jays and White Sox have one each.
Here are some items from around the baseball world…
- The Reds and Homer Bailey are "still talking" about a multiyear contract, GM Walt Jocketty tells MLB.com's Mark Sheldon. "There has not been a lot of progress, but good conversations anyhow," Jocketty said. Bailey's arbitration hearing is scheduled for February 20 and there is a $2.9MM gap ($11.6MM to $8.7MM) between his demands and the Reds' offer for a 2014 contract. This is Bailey's last season under contract with Cincinnati and the two sides are reportedly far apart on a long-term deal. Sheldon suggests that the Reds will be watching the Indians' case with Justin Masterson, as he and Bailey have posted comparable numbers over the last three years and Masterson is also scheduled to be a free agent next offseason.
- The Pirates offered A.J. Burnett a $12MM contract for 2014, CBS Sports' Jon Heyman reports (Twitter link). This obviously fell short of the $16MM Burnett received from the Phillies earlier today.
- The Twins aren't one of the teams interested in Emilio Bonifacio, 1500 ESPN's Darren Wolfson reports (via Twitter). Bonifacio cleared release waivers and became a free agent earlier today. The Orioles are known to be one of at least nine teams interested in the speedy utilityman.
- Also from Wolfson, a Twins official said that the club "had extensive talks" about Erisbel Arruebarruena but he was judged to be too expensive. The Cuban shortstop agreed to a deal with the Dodgers today that could be worth as much as $25MM.
- The Cubs can afford to be patient in trading Jeff Samardzija, Fangraphs' Jeff Sullivan argues, as teams may be more willing to meet Chicago's large asking price once the free agent pitching market thins out and teams get more desperate once the season begins.
- Right-hander Josh Roenicke is drawing interest from a "handful of teams" and could be signed soon, a source tells MLB Daily Dish's Chris Cotillo (Twitter link). Roenicke posted a 4.35 ERA, 6.5 K/9 and 1.25 K/BB rate in 62 relief innings with the Twins in 2013 before being outrighted off Minnesota's roster in November.
- Also from Cotillo, right-hander Blake Hawksworth has retired. Hawksworth posted a 4.07 ERA and 1.85 K/BB over 124 games (eight as a starter) with the Cardinals and Dodgers from 2009-11 before elbow and shoulder injuries derailed his career. Hawksworth has taken a job with the Boras Corporation, his former agency.
- Marlins president of baseball operations Michael Hill discussed the club's recent signing of Carlos Marmol with Clark Spencer of the Miami Herald.
- Luis Ayala chose to sign a minor league deal with the Nationals since they (as the Expos) were the franchise that originally signed him and he still has many friends in the organization, the veteran reliever tells Adam Kilgore of the Washington Post. Several teams were linked to Ayala this offseason but the bidding came down to the Nats, Tigers and Phillies.
Full Story | Comments | Categories: A.J. Burnett | Carlos Marmol | Chicago Cubs | Cincinnati Reds | Detroit Tigers | Emilio Bonifacio | Erisbel Arruebarrena | Homer Bailey | Jeff Samardzija | Josh Roenicke | Luis Ayala | Miami Marlins | Minnesota Twins | Philadelphia Phillies | Pittsburgh Pirates | Retirement | Washington Nationals
Homer Bailey and the Reds are extremely far apart in extension talks, and barring large concessions by one or both sides, Bailey appears likely to become a free agent next offseason, ESPN's Jerry Crasnick reports (Twitter links). Last month, Reds GM Walt Jocketty said he was "optimistic" that Bailey and the Reds would be able to negotiate a long-term deal.
Bailey filed for a 2014 salary of $11.6MM through the arbitration process, while the Reds countered with $8.7MM. After that, Bailey is due to hit the market as a 28-year-old, and if his 2014 season is anything like his 2013 (in which he posted a 3.49 ERA with 8.6 K/9 and 2.3 BB/9 over 209 innings), he'll be an immensely valuable property — Max Scherzer is the only 2014-15 free agent starter who rates more highly. Given the probability of an enormous payday for Bailey, it's easy to see why he and the Reds might be having trouble finding common ground on an extension.
The Mariners are "back in business, showing strong interest" in Nelson Cruz and Fernando Rodney again, reports Ken Rosenthal of FOX Sports in his latest column. The Mariners, who are said to have some financial leeway by new team president Kevin Mather, is also looking at the trade market for starting pitchers, though they're not currently focused on David Price or Jeff Samardzija. Rosenthal also notes that the Indians aren't having any conversations on Justin Masterson, nor are the Reds inclined to move any of their starters, further limiting the list of trade targets. More highlights below…
- Cruz could be a fallback option for the Rangers, but probably only if he's willing to sign a one-year deal. Bringing Cruz back would allow the Rangers to deal Mitch Moreland.
- Rosenthal wonders if the Reds should be thinking about dealing a starter. While they're trying to extend Homer Bailey, that seems to be a tall order as he's just one year from free agency. Mat Latos, Mike Leake and Johnny Cueto are all only controlled through 2015, and as Rosenthal notes, not all can be long-term pieces.
- The Athletics aren't considering making a run at Stephen Drew and shifting Jed Lowrie from short to second base. The A's are comfortable platooning Eric Sogard and Nick Punto.
- A rival executive wondered to Rosenthal if the Braves would match up with the Mariners on a Dustin Ackley trade, but Rosenthal hears that the Braves aren't looking for a second baseman. They currently have Dan Uggla, who is owed $26MM through 2015, and three fallback options in Ramiro Pena, Tommy La Stella and Tyler Pastornicky.
- Braves GM Frank Wren said he doesn't hold any ill will toward players who go to arbitration hearings — such as the ones he could face with Jason Heyward, Craig Kimbrel and Freddie Freeman: "We don’t look at it as an antagonistic process. We look at it as a solution to a disagreement on a player’s salary."
- Homer Bailey was cautious in his remarks about signing a multi-year contract with the Reds, according to MLB.com's Mark Sheldon. "There is [interest], but it has to be something that works out for both ends," said Bailey. "That's kind of tough to do. You see a lot of the signings that are going on, so, of course, it's going to raise eyebrows on my behalf. Obviously, with a mid-market team, it's tougher for them, also. We're just going to have to see how everything goes." Bailey, who is represented by Excel Sports Management (the agency which negotiated lucrative long-term deals for Clayton Kershaw and Masahiro Tanaka this offseason), is arbitration eligible asking for $11.6MM while the Reds countered with $8.7MM.
- Reds GM Walt Jocketty says he is not interested in signing free agent outfielder Nelson Cruz (#17 on MLBTR's 2014 Top 50 Free Agents list) because he is tied to draft pick compensation, reports Sheldon.
- Danny Espinosa has been told by manager Matt Williams and GM Mike Rizzo he will be given the opportunity to compete with Anthony Rendon to be the Nationals' starting second baseman, writes Chase Hughes of Nats Insider. "That’s all I can ask for," said Espinosa. "I’ve never asked for anything to be handed to me. If I can get a fair opportunity to win my job back, I feel like I can do it." Espinosa struggled in 2013, due in part to injuries, batting .158/.193/.272 in 167 plate appearances before being demoted to Triple-A. The 26-year-old's name has popped up in trade rumors this winter with the Yankees, among other clubs, showing interest.
- Phillies GM Ruben Amaro Jr. needs to decide when the team can realistically contend next and then set them up do so because going all in while simultaneously investing in the future only offsets each other, opines philly.com's Justin Klugh.
MLBTR's Arbitration Tracker is the place to go to see the arbitration contracts agreed upon thus far, as well as the figures exchanged between teams and players that were not able to reach agreement before today's noon deadline to swap salary positions. Matt Swartz's arbitration projections are available here.
As MLBTR has previously explained, 146 players officially filed for arbitration (after some eligible and tendered players had alread reached agreement). Of those, 40 players will exchange figures with their clubs. Of course, those players can still reach agreements before their hearings (which will take place betwee February 1st and 21st). If the case goes to a hearing, the arbitrator must choose one side's figures, rather than settling on a midpoint.
For the Braves players listed below, however, Atlanta says it will cease negotiations and take all cases to a hearing. Two other teams that have swapped figures with some players — the Nationals and Indians — also have employed variations of the "file and trial" approach with their arbitration cases.
Though a tweet from FOX Sports' Ken Rosenthal indicates that the Reds have joined the list of teams employing "file and trial," GM Walt Jocketty did not seem to echo that position in comments today to MLB.com's Mark Sheldon. It turns out that the team has only taken that position with respect to players whose deals were valued under the $2MM level, tweets Jeff Passan of Yahoo Sports.
We will use this post to keep tabs on the the highest-stakes arbitration situations remaining — those where the player files for at least $4.5MM:
- A.J. Ellis filed at $4.6MM while the Dodgers countered at $3MM, tweets Passan.
- Gerardo Parra filed at $5.2MM while the Diamondbacks countered at $4.3MM, tweets Passan.
- Tyler Clippard filed at $6.35MM while the Nationals countered at $4.45MM, tweets Jeff Passan of Yahoo Sports.
- Alex Avila filed at $5.35MM while the Tigers countered at $3.75MM, tweets Jason Beck of MLB.com.
- David Freese filed at $6MM while the Angels countered at $4.1MM, tweets Mike DiGiovanna of the Los Angeles Times.
- Mark Trumbo filed at $5.85MM while the Diamondbacks countered at $3.4MM, tweets Heyman.
- Kenley Jansen filed at $5.05MM while the Dodgers countered at $3.5MM, tweets Heyman.
- Craig Kimbrel filed at $9MM while the Braves countered at $6.55MM, tweets Bowman.
- Jason Heyward filed at $5.5MM while the Braves countered at $5.2MM, tweets Mark Bowman of MLB.com.
- Doug Fister filed at $8.5MM while the Nationals countered at $5.75MM, tweets Heyman.
- Aroldis Chapman filed at $5.4MM while the Reds countered at $4.6MM, tweets Heyman.
- Greg Holland filed at $5.2MM while the Royals countered at $4.1MM, tweets Heyman.
- Justin Masterson filed at $11.8MM while the Indians countered at $8.05MM, tweets Heyman.
- Freddie Freeman filed for $5.75MM while the Braves countered at $4.5MM, tweets Heyman.
- Matt Wieters filed for $8.75MM while the Orioles countered at $6.5MM, tweets Heyman.
- Homer Bailey filed for $11.6MM while the Reds countered at $8.7MM, tweets Jon Heyman of CBSSports.com.
- Jeff Samardzija filed for $6.2MM while the Cubs countered at $4.4MM, tweets Mark Gonzales of the Chicago Tribune.
Full Story | Comments | Categories: A.J. Ellis | Alex Avila | Arizona Diamondbacks | Aroldis Chapman | Atlanta Braves | Baltimore Orioles | Chicago Cubs | Cincinnati Reds | Cleveland Indians | Craig Kimbrel | David Freese | Detroit Tigers | Doug Fister | Freddie Freeman | Gerardo Parra | Greg Holland | Homer Bailey | Jason Heyward | Jeff Samardzija | Justin Masterson | Kansas City Royals | Kenley Jansen | Los Angeles Angels of Anaheim | Los Angeles Dodgers | Mark Trumbo | Matt Wieters | Tyler Clippard | Washington Nationals
Discussing the team's inability to reach agreement with pitcher Homer Bailey before today's deadline to submit arbitration figures, Reds GM Walt Jocketty indicated that the sides were discussing a long-term extension, reports MLB.com's Mark Sheldon. He further indicated that the club was not concerned with the situations of either of its two prominent remaining arbitration cases, Bailey and closer Aroldis Chapman.
The sides have reportedly had previous discussions on a significant extension. They came close to getting something done today, according to John Fay of the Cincinnati Enquirer, 'We talked a one-year and a multiyear deal," said Jocketty. "We'll keep talking."
In his discussions with Sheldon, Jocketty raised expectations that something would get worked out, saying that he is "optimistic" about reaching a long-term deal. As the GM explained:
"In Bailey's case, we were working on a multi-year [deal]. The agent [Casey Close] has [Clayton] Kersaw and he has [Masahiro] Tanaka also, so he's been tied up with that. We just didn't anticipate getting it done, but we exchanged numbers in the event and we will continue to negotiate and hopefully get something done before the hearing date."
Discussing the terms of the contract, he said:
"I just think it depends on where they feel the market settles in on free-agent pitchers. Hopefully, we're not too far with our estimate and with their estimate about the market going forward. What it will be based on is what market for a guy like Bailey will be in the future."
The recent Clayton Kershaw extension would not be a comparable deal, but would nevertheless play a role, Jocketty explained. "I don't think it affects this one directly with Bailey, but it affects the market as a whole," Jocketty said. "Any time you sign a free agent to a contract, it drags it up a little bit. Kershaw is a special case."
Bailey has been projected by MLBTR contributor Matt Swartz to earn $9.3MM through arbitration in his final run through the process before reaching free agency. He filed at $11.6MM, with the club countering at $8.7MM.
Regarding Chapman, Jocketty said that he had not had much discussion with his representatives at Hendricks Sports. "Actually, this week was the first one we've had," Jocketty said. "I'm not that concerned about it." Swartz projects a $4.6MM tab for the fireballing lefty. That is the exact figure that the team submitted, while Chapman filed at $5.4MM, leaving a modest gap to bridge.
Jocketty's comments indicate that the Reds do not intend to take a "file and trial" approach, at least with these two players. An agent had told FOX Sports' Ken Rosenthal (Twitter link) that Cincinnati was adopting such a policy. It turns out that the team has only taken that position with respect to players whose deals were valued under the $2MM level, tweets Jeff Passan of Yahoo Sports.
In two pieces today for GammonsDaily.com, Peter Gammons discusses a variety of hot stove topics. In particular, even before Clayton Kershaw's market-busting extension earlier today, Gammons noted that the price of starting pitching has been a hot topic among baseball GMs.
- The two key situations driving market pricing, he writes, are the Masahiro Tanaka sweepstakes and how the Rays handle David Price. Tanaka could command $120MM or more from the Yankees or Dodgers, says Gammons. As for Price, Tampa is increasingly inclined to hold onto their ace at least until the trade deadline, when they can try to extract a higher price or hold onto him for a postseason run.
- These situations could have a substantial impact on several other high-end starters that are set to become free agents next year. James Shields has let the Royals know that he is looking to score a contract on the magnitude of Zach Greinke's six-year, $147MM deal.
- Meanwhile, the Red Sox and Reds do not plan on approaching key extension candidates Jon Lester and Homer Bailey, respectively, until Spring Training.
- After disappointing returns on some of their major pitching acquisitions last year, the Blue Jays are not going to engage in any bidding wars for starting pitching, Gammons says. The club will instead "build on youth and rehabs," and will only jump into the mix for arms like Ervin Santana or Ubaldo Jimenez if they "fall down to [Toronto]."
- Agent Scott Boras has increasingly given indication that free agent Stephen Drew is willing to play positions other than shortstop, says Gammons, which may increase his appeal to both the Yankees and Red Sox. As Andy Martino of the New York Daily News writes in a separate piece, Boras says that Drew has suitors other than the Sox and Mets, though he declined to name them.
- Already considered one of the game's top prospects, Pirates outfielder Gregory Polanco has raised his stock even further with big numbers (including a .428 OBP) in he Dominican winter league. Polanco, 22, could have an impact by the mid-season of 2014. More importantly for the Bucs' long-term plans, one National League GM tells Gammons that the prospective Pittsburgh outfield of Polanco, Andrew McCutchen, and Starling Marte "will be the best outfield in the game."
Homer Bailey says he does not want to leave the Reds, FOX Sports' Ken Rosenthal reports. "To say that I 'want out of Cincinnati' is not true," says Bailey, who is eligible for free agency after the season. "If I am in the organization's future, my priorities are that things make sense for me on the business end, that we are a team that continues to be a highly competitive team in the league and a team that plays the game the right way." Reds GM Walt Jocketty says that extension negotiations with Bailey are on "hold," and Rosenthal writes that they may not pick up until there's more clarity on the free-agent pitching market. Here's more from throughout the big leagues.
- The Angels signed Mark Mulder because they were impressed with his new delivery, writes Alden Gonzalez of MLB.com, who describes in detail the series of events that led Mulder to begin a surprising comeback attempt after not pitching more than 11 innings in a big-league season since 2006. "I haven't had the ball come out of my hand like this in a very long time, and it's fun," says Mulder of his recent workouts. "I never threw like this in all my years in St. Louis. And I mean that. It was smoke and mirrors that first year in St. Louis. … My arm action was kind of deteriorating. And I'm gonna run with it. I'm gonna see what happens."
- Jeff Niemann and Sam Fuld would have interest in returning to the Rays, MLB.com's Sam Chastain writes. Niemann is rehabbing a shoulder injury and plans to be ready by mid-2014. The Rays non-tendered Fuld last month after he hit .199/.270/.267 in 200 plate appearances for them last year.
- Rafael Betancourt is making a comeback from Tommy John surgery, Troy Renck of the Denver Post reports. He believes he could pitch in 2014 despite only having the surgery only late last season. The Dodgers had interest in him as a free agent, but he wants to stay with the Rockies. "If I pitch again, it will be with the Rockies. I can’t see myself anywhere else at this point in my career. I have really enjoyed five years there," Betancourt says.
The Reds spoke with Homer Bailey's representatives before the holidays about a new long-term contract for the right-hander, MLB.com's Mark Sheldon reports. This isn't the first time the club has explored locking up Bailey, as the two sides reportedly discussed an extension last winter before settling on a one-year, $5.35MM contract to avoid arbitration.
Reds general manager Walt Jocketty told Sheldon that Bailey is the only one of Cincinnati's six arbitration-eligible players who is currently being considered for a long-term deal. Unsurprisingly, Jocketty sees Bailey as "probably the one guy that's going to be the most difficult [to sign] because of how well he's done and where he's at in this service class. Young pitchers are getting quite a bit."
"At this point, we really haven't discussed anybody but Homer to sign long term. Homer is the only one we've pursued, but we've had internal discussions on the other guys. We just have to see how it all fits in, financially."
Bailey is arb-eligible for the third and final time this winter, and MLBTR's Matt Swartz projects that Bailey will earn $9.3MM through the arbitration process. Another strong reason for Bailey would almost surely net him a $100MM contract in free agency next offseason, and the mid-market Reds would be hard-pressed outbid richer clubs for Bailey's services on the open market. Even locking him up now would be an expensive proposition for the Reds — MLBTR's Tim Dierkes opined that it might take more than a five-year, $85MM deal to keep Bailey in the fold since he's so close to free agency.
If the Reds can't extend Bailey this offseason, they could explore a trade, though Jocketty has said that the team wants to keep Bailey in order to help them contend in 2014. I'd guess it would also be difficult for Jocketty to find fair value for Bailey in a trade considering a suitor would only have him for one season. Since Bailey would net Cincinnati a first-round compensation pick (for turning down a qualifying offer) if he signed elsewhere in the offseason, the Reds would likely only be motivated to move the righty if they could obtain something of greater value than a first-round pick.
Of the other arbitration cases, Leake and Chapman stand out as the only possible candidates for a long-term deal. Leake, picked eighth overall in the 2009 draft, has become a solid part of the rotation in his own right, with a 3.99 ERA and 677 1/3 IP over his first four seasons. This is Leake's second year of arb-eligibility and Swartz projects him to earn $5.9MM. Chapman is projected by Swartz to earn $4.6MM through his first year of arbitration eligibility (on top of the $3MM he earns from his original contract). It's probably unlikely that the Reds would look to make a long financial commitment to a closer, especially since the chance still exists that Chapman could be moved into the rotation.