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Jake Peavy Rumors
Pablo Sandoval is seeking a six-year contract on the open market, his agent Gustavo Vasquez tells Henry Schulman of the San Francisco Chronicle. Given his client’s age, Vasquez doesn’t feel that a four- or five-year deal is a sensible target. “Maybe if he was 30 or 31 we could talk about four or five years,” Vasquez said to Schulman. “But he’s 28. He deserves more than that.”
Vasquez explained to Schulman that the six-year term of the contract is more important to Sandoval than the average annual value. That comment isn’t surprising, as a player will typically downgrade a contract’s AAV as the years increase. While he said Sandoval has no specific dollar figure in mind, other reports have indicated a target north of $100MM. So, while the AAV of the deal may be somewhat flexible, it seems Vasquez must be eyeing at least a $17MM annual salary for his client.
The Giants have yet to make a formal offer and instead have been discussing various options regarding the length of the deal, according to Vasquez. He’s already spoken to multiple teams about Sandoval and is expected to have several face-to-face meetings at next week’s GM Meetings in Phoenix. The agent notes that Sandoval isn’t necessarily interested in dragging out the process and would sign quickly if he received an offer he likes.
As Schulman writes, he got a different sense from Giants GM Brian Sabean regarding an offer to Sandoval at the team’s postseason debriefing. Sabean told reporters that the Giants have explained to free agents Jake Peavy and Ryan Vogelsong that they first need to sort of Sandoval’s situation before moving onto them, and his comments did imply that they’ve made some form of offer: “We’ve told both Peavy and Vogelsong we need time to sort things out. Again, it goes back to Pablo. Pablo is the only one we’ve engaged as far as an offer and moving forward. The other four free agents know where we stand.”
Sandoval figures to be an attractive option on the free agent market this winter, though it remains to be seen whether any team will be be comfortable with his desired six-year term. The Red Sox have been linked to him on multiple occasions, and the Marlins are another team reported to have interest. Sandoval would also make sense for the White Sox. The Yankees have a definite need in the infield, though to this point, they’re not focused on Sandoval and are said to prefer to re-sign Chase Headley.
In his latest ESPN Insider-only blog (subscription required), Buster Olney looks at the latest chapter in the Alex Rodriguez saga — a report from the Miami Herald indicating that Rodriguez admitted his PED use to the DEA in January — and opines that the Yankees need to do everything in their power to be free of him. Olney wonders if the Yankees could release or suspend him and invoke the player conduct clause in their standard contract in an effort to legally absolve themselves of the remaining $61MM commitment in light of his confession. Industry perception, Olney writes, is that the conduct clause is superseded by the language in the CBA, but no one has ever really made a challenge using the player conduct clause. And, he writes, the worst-case scenario would be paying him the remainder of his salary while getting nothing in return — an outcome which could happen even with Rodriguez in uniform. Of course, it’s not a given that Rodriguez doesn’t have some productivity left in his bat, but it’s hard to fault Olney for doubting the possible contributions of a 39-year-old who has appeared in just 265 games since Opening Day 2011.
More from Olney’s piece…
- Hanley Ramirez‘s strong desire to play shortstop — or the infield in general — will be a detriment to his free agent stock, Olney writes. He suggests that Ramirez announce to teams right now that he is willing to play a corner outfield position, shortstop or third base next season in order to create the strongest market possible for his services. Olney rightly points out that the idea of Ramirez in a corner outfield spot would broaden his appeal to numerous clubs and help to create a bidding war for his services. It doesn’t seem that Ramirez is changing his plans anytime soon, however. As Bill Shaikin of the L.A. Times pointed out today (Twitter link), Ramirez has changed his Twitter bio to read “MLB Shortstop.”
- Olney has gotten indications that the Mets will be aggressive with at least one free agent signing and one trade this offseason, and he lists the familiar matchup of the Cubs as an ideal trade partner. Starlin Castro‘s name arises as a speculative target for Olney, though he adds that the price tag could be prohibitive: Jacob deGrom or Zack Wheeler.
- The Giants are interested in working out a new deal with right-hander Jake Peavy following his excellent work for the Giants after their July acquisition. Peavy struggled in the playoffs, but his regular-season work in San Francisco was excellent: a 2.17 ERA (3.03 FIP/3.91 SIERA) with 6.6 K/9 and 1.9 BB/9 in 78 2/3 innings (12 starts).
What a difference a few months can make. For Jake Peavy, a former ace turned would-be trusty veteran, a trade deadline deal to the Giants has changed perceptions and, perhaps, his market. Approaching free agency for the first time entering his age-34 season, Peavy now looks to be one of the more intriguing players to watch. (Of course, all eyes will be on him tonight as he takes the hill looking to clinch the World Series.)
Twelve regular season starts with the Giants late this year yielded remarkable results: a 2.12 ERA and 3.03 FIP over 78 2/3 frames. Three more post-season outings have resulted in a 3.68 earned run mark across 14 2/3 innings, with time left for more positive impressions. With a constantly evolving pitch mix and approach, as he explained recently to Eno Sarris of Fangraphs, Peavy may have found an edge in the constantly evolving battle between pitcher and hitter.
Though Peavy is no longer the strikeout threat he once was, he seems to have stabilized in the seven to seven-and-a-half strikeouts per nine range. And he continues to reliably post walk rates below three per nine innings. Though he is not a heavy groundball pitcher, Peavy has generally maintained a BABIP-against at or below .290.
Then, of course, there is Peavy’s impressive pedigree. From about 2004 through 2008, Peavy was one of the best starters in the game, and he has had excellent full-season results as recently as 2012 (3.37 ERA over 219 innings).
Peavy is often cited as a trustworthy veteran who is a positive clubhouse member. An intense competitor on the hill, the righty is certainly the type of player who holds appeal both to veteran-laden contenders and young teams looking to put a role model in place.
His late run with San Francisco aside, Peavy has struggled mightily at times in recent years. He put up a 4.17 ERA in 2013 and allowed 4.72 earned per nine with the Red Sox to start the year in 2014. Neither did peripherals paint a much rosier picture, with ERA estimators pegging Peavy as a back-of-the-rotation option at best.
And it is not as if this were an isolated downturn. Sandwiching his solid work in 2012, Peavy had been an average or worse starter over the 2009-11 stretch. That decline can be traced, in part, to steady downticks in Peavy’s average fastball velocity. After working in the mid-90s earlier in his career, Peavy has not even averaged 91 mph since 2010 and just saw his average heater drop into the eighties for the first time.
Declining strikeout rates are one result; in his solid stretch with the Giants, Peavy has maintained only a 6.6 K/9 rate that falls shy of any of his full-season averages. On the year, he struck out just 7.0 per nine, his worst-ever rate. More tellingly, perhaps, Peavy’s K-BB% fell to 11.1%, far and away the worst mark his his 13-year career.
Neither has Peavy been a model of health. He has failed to reach 150 innings in four of the last six seasons. Shoulder and rotator cuff injuries are among his maladies, along with a more recent ribcage fracture. He also missed time due to an ankle injury and, further back, elbow strains. (Peavy has never undergone Tommy John surgery.)
Often described as a family man, Peavy and his long-time wife Katie have three sons. A native of Alabama, Peavy makes his permanent residence in his home state. Over the years, of course, he has moved from coast to coast, though Peavy has never chosen his own destination (aside from agreeing to extensions with the Padres and White Sox in advance of free agency).
When he is away from the ballpark, according to this aggregated profile, Peavy prefers to spend time in the outdoors. His family lives in a cabin on a substantial spread of land, and he hunts and fishes in his spare time. Peavy also plays the guitar and is a practicing Christian.
In a market loaded with mid-level starters, Peavy occupies a somewhat unique place. He is the oldest of that group aside from Hiroki Kuroda, who is not expected to test interest broadly. In that respect, he probably stands alone to some extent as a solid veteran who can (theoretically, at least) be had on a somewhat shorter commitment.
A client of CAA Sports, Peavy could hold appeal to a variety of clubs that may or may not be as interested in other non-premium starters. More specifically, it is certainly possible to imagine the Giants being interested in a reunion, and the White Sox are another former club that could show interest in a shorter-term arrangement. Otherwise, the Cardinals, Angels, Rangers, Braves, D’backs, and Cubs all could make some degree of sense.
Peavy says he has interest in ending up in the same place as former Red Sox teammate Jon Lester, saying that “there’s a package deal out there for any team.” Choosing a landing spot based more on personal preferences — including, perhaps, re-uniting with Lester or other former teammates — than maximum contract would not be a surprise for Peavy. He said back in 2005 that “money is not why I’m pitching” and backed that up recently when he signed a reasonable extension with the White Sox rather than hitting the market.
Though some have suggested that Peavy may have pitched his way into a three-year deal in recent months, a two-year contract still seems the likelier outcome — especially if Peavy prioritizes finding a home that suits him for non-financial reasons. Peavy should easily top the two-year, ~$22-23MM contracts given to several veterans last year, and could land a deal on the model of Ryan Dempster’s two-year, $26.5MM pact. Updating that contract for inflation, and accounting for a value boost after Peavy’s success in San Francisco, I predict that he will ultimately fall just shy of his last contract and sign for two years and $28MM.
In today’s Insider-only blog post (subscription required), ESPN’s Buster Olney discusses the looming free agency of Russell Martin, calling him the “Lamborghini of the catching market” and noting that he is positioned better than perhaps any free agent this offseason. Olney spoke with a number of executives from around the league, with some believing the tipping point for Martin could be whether a team is willing to increase its offer from three years to four, and others believing the tipping point will be whether or not any team offers a fifth guaranteed year. I’m on board with the latter of the two opinions, personally, as I do feel Martin has an exceptionally strong case for a four-year deal. As Olney notes, even if Martin is physically unable to catch a full workload of games by the end of his contract, he’s an exceptional athlete with MLB experience at other positions, so he could be moved around to provide further value as his heavy career workload begins to take its toll.
A few other NL Central items for your afternoon…
- Pirates GM Neal Huntington recently explained to Travis Sawchik of the Pittsburgh Tribune-Review that the way in which we the aging curve for players needs to be reevaluated, as many of those models were developed during the PED era, which inflated production into players’ mid-30s. Sawchik provides a graph showing WAR for catchers in their 30s based on three eras: 1980-89, 1990-2004 and 2005-14, in an attempt to isolate the steroid era data. Fangraphs’ Dave Cameron looked at Sawchik’s excellent work and noted that catcher production from ages 32 to 35 in the post-steroid era has remained relatively consistent from a WAR standpoint, adding that framing skills are largely undeterred by age (as noted by Max Marchi of Baseball Prospectus in this 2013 piece).
- Jake Peavy told reporters, including Gordon Wittenmyer of the Chicago-Sun Times, that he will be interested to see where his close friend Jon Lester signs this offseason. Peavy had no qualms in stating that he’d like to once again be teammates with his friend: “I’ve certainly talked to Jon Lester because we’re buddies,” said Peavy. “So I have a feel for what he does. And I certainly know that Chicago would interest him and interest me.” Peavy clarified that he’s not suggesting a package deal for the Cubs, but rather, “There’s a package deal out there for any team.” Wittenmyer spoke to a few people close to Peavy who believe the Cubs would be high on his offseason wishlist, however, having spent several years there with the White Sox.
- In a second piece from Wittenmyer, he writes that sources have told him that James Shields would be the chief fallback option for the Cubs if they don’t land Lester. As Wittenmyer points out, the case for Shields to come to Chicago could be greater if the Cubs land former Rays skipper Joe Maddon. Shields tells Wittenmyer that he enjoyed playing for Maddon very much, though he adds that he hasn’t had any time yet to think about free agency.
If the Royals win the World Series it would be difficult to imagine GM Dayton Moore leaving for the Braves‘ vacancy. However, those who know Moore well say that he felt comfortable in Atlanta, Nick Cafardo of the Boston Globe writes. On top of that, the Braves would offer Moore a bigger budget to work with. More from today’s column..
- Word is spreading that the Red Sox could make Yoenis Cespedes available. The slugger will make $10.2MM in the final year of his deal and his desire not to play right field or work on his defense could spell the end of his time in Boston. A Cespedes deal would allow the Sox to make room for Mookie Betts or add a left-handed hitter.
- The Giants are a team to watch when Nick Markakis hits the open market as expected. Even though they’re enjoying Travis Ishikawa‘s work, they are unlikely to commit to him as an everyday left fielder. The Mets could also be in the mix.
- One agent believes Jake Peavy has turned his next contract from a one-year, $7MM deal into a three-year, $36MM deal based on his second half with the Giants. Cafardo notes that the Giants won’t re-sign Ryan Vogelsong and with little help coming from Triple-A, they’ll likely have to bite on a Peavy deal.
- There have been preliminary talks between the Red Sox and Koji Uehara about staying in Boston,but the sides aren’t close to a deal.
Over at The Hardball Times, Jon Roegele breaks down some interesting data on Tommy John surgeries. The number of UCL replacements was a big story this year, of course. Roegele’s research suggests that, while the overall rate of return for pitchers who have undergone the procedure has not improved much since it was invented, the recovery time has been shortened significantly.
Here’s the latest from out west:
- Referring to a report that Mariners ownership had killed a deal that would have brought in free agent Nelson Cruz, Jon Heyman of CBSSports.com reports that Seattle’s ownership had in fact determined before the offseason that it would not sign any players linked to PED use. The details of the situation remain hazy, but Heyman indicates that Cruz’s Biogenesis-related suspension was the root of the decision.
- The Rangers are looking for a manager in the mold of Terry Francona and Clint Hurdle, writes Evan Grant of the Dallas Morning News. Indeed, every one of the five external candidates under consideration have links to one of those two skippers, as does candidate and interim manager Tim Bogar. Texas is expected to whittle its search down to three finalists in the coming week, says Grant.
- Giants starter Jake Peavy thought at one point that he would be traded to the team he is now facing in the NLCS, the Cardinals, as Henry Schulman of the San Francisco Chronicle reports. The veteran righty could still end up in St. Louis next year, as Andrew Baggarly of CSNBayArea.com reports. Peavy speaks very highly of the club and city, and could make some sense for the Cards if the team decides another established arm is needed for 2015.
In today’s column, Nick Cafardo of the Boston Globe writes that Jake Peavy has gone from a likely minimal contract in free agency to a possible three-year deal. The Giants are interested in re-signing him because they need him, and manager Bruce Bochy has gotten great work out of him. For his part, the 33-year-old appears to enjoy being back with Bochy, his manager during his glory years in San Diego. Here’s more from today’s column..
- A major league source tells Cafardo that Victor Martinez‘s preference is to stay with the Tigers and, therefore, Detroit will get the first crack at him. The interest is mutual and the Tigers would like to get something done sooner rather than later.
- If A’s GM Billy Beane listens to offers on Jeff Samardzija this offseason, you can count the Red Sox as one of the possible interested parties. The Sox inquired with the Cubs about him before the trade deadline, and they would not give up a package that included lefthanded pitching prospect Henry Owens.
- Orioles outfielder/DH Nelson Cruz enjoys Baltimore and wants to stay, but Cafardo expects the Yankees, Rangers, and Mariners to be in on the bidding. No matter what, the 34-year-old looks like he’ll make a bundle somewhere on a three- or four-year deal.
- First baseman Adam LaRoche likely won’t re-signed by the Nationals, who could move Ryan Zimmerman to first base. However, LaRoche lines up nicely as a target for the Brewers, who have toyed with the idea of Ryan Braun moving to first but will likely keep him in the outfield. He could draw interest from the Orioles if they lose Cruz.
- While there’s intrigue over Korean shortstop Jung-Ho Kang, there’s still some pushback from scouts who have seen him play on whether he can translate well to MLB. Some are worried about the pronounced leg kick in his stance that lasts deep into his swing. There also has always been skepticism over his defensive ability, even though he won the Korean version of the Gold Glove.
Marlins star Giancarlo Stanton is already home from the hospital and is not expected to require major surgery, reports MLB.com’s Joe Frisaro. Preliminary testing has not shown concussion symptoms, though Stanton will be closely monitored going forward. Needless to say, it is great to hear that things are looking up so soon after his frightening injury.
Here are a few more stray notes from around the game:
- Underlying the suspension of Orioles slugger Chris Davis is the fact that Adderall addiction is a significant problem, especially among athletes, writes ESPN.com’s Jayson Stark. Davis has already tested positive for a stimulant and knew that he would receive additional testing, yet still was caught. Of course, as Stark does note, it is not known whether Davis himself has such a problem. It is worth bearing in mind, also, that Davis has been diagnosed with ADD/ADHD in the past, as Ken Rosenthal of FOX Sports reports on Twitter. Rosenthal says that it remains unclear why Davis no longer sought to obtain a Therapeutic Use Exemption as he had at some points in the past.
- If the Yankees decide to make significant free agent additions this year, the player to target is Victor Martinez, opines Joel Sherman of the New York Post. Sherman acknowledges that the DH slot may be an attractive place to stash one of the team’s current veterans, but argues that Martinez is a rare offensive force who has demonstrated his ability to thrive against virtually all types of pitchers and pitches.
- Giants righty Jake Peavy has continued to adapt and modify his repertoire as he has aged, as Eno Sarris of Fangraphs explores. The veteran hurler will hit free agency for the first time in his career at age 33. (He has already signed three separate contract extensions and been traded three times.) It is well worth your time to check out Peavy’s thoughts and grips, as well as relevant statistics on his pitch mix.
- The Giants’ decision to trade Escobar is surprising, but it might be a little bit like the Giants’ 2009 deal of top pitching prospect Tim Alderson for infielder Freddy Sanchez, McCovey Chronicles’ Grant Brisbee writes. Alderson was highly regarded at the time, but there were warning signs then, and he never panned out. Still, though, the Giants at least knew what they were getting with Sanchez, and that’s not the case with Peavy, Brisbee writes.
- The Red Sox’ return was a strong one for Peavy, Dave Cameron of Fangraphs tweets, and it could be an indication that better pitchers will fetch a very nice return in this market. Many analysts seem to share Cameron’s basic take that the deal was good for the Red Sox — MLB.com’s Jim Callis, for example, tweets that the Red Sox got more than he expected them to.
- ESPN’s Keith Law (Insider-only), however, writes that Peavy is a great fit for the Giants, noting that they need the help and that Peavy’s skill set will play better in the National League and in San Francisco’s home park. Law calls Escobar a “fringy starter prospect” and writes that Escobar’s changeup currently makes him vulnerable against righties.
- FanGraphs’ Tony Blengino calls the deal a win-win, noting that the change in ballparks should help Peavy, a fly-ball pitcher who wasn’t built for Fenway.
The Giants have acquired Jake Peavy from the Red Sox, CBS Sports’ Jon Heyman tweets. The Red Sox will receive pitching prospects Edwin Escobar and Heath Hembree, ESPN’s Buster Olney tweets. The Giants will pay $2MM of what’s left on Peavy’s contract, ESPN’s Jim Bowden tweets.
The trade reunites Peavy with Bruce Bochy, who managed him with the Padres. The deal also provides the Giants with valuable starting pitching depth, which they needed, given Matt Cain‘s injury. The Red Sox, meanwhile, add prospect depth while clearing space for younger starting pitchers like Brandon Workman and Allen Webster.
Peavy is making $14.5MM in his final season before free agency. (His contract indicates that he can receive a player option for 2015, but he will not be able to pitch enough innings to attain it.) In 124 innings this season, has a 4.72 ERA with 7.3 K/9 and 3.3 BB/9.
Escobar and Hembree appear to constitute a strong return for Boston. The lefty Escobar, 22, has pitched the entire season with Triple-A Fresno, posting a 5.11 ERA with 7.8 K/9 and 3.0 BB/9. He had a very strong 2013 season at Class A+ and Double-A. MLB.com ranked him the Giants’ No. 2 prospect and the No. 75 prospect in all of baseball, noting that he could become a middle-of-the-rotation starter.
Hembree, 25, has spent most of the 2014 season with Fresno, where he’s posted a 3.89 ERA with 10.5 K/9 and 3.0 BB/9 in 39 1/3 innings of relief. He appeared in nine games in the big leagues in 2013. MLB.com ranked him the 11th-best prospect in the Giants’ system, noting that he has long been regarded as a potential closer. Both Escobar and Hembree were on the Giants’ 40-man roster, although the Red Sox had a 40-man spot open before the trade, so they didn’t need to make any further moves to add both.
Heyman tweeted that the Red Sox would acquire minor league pitchers in return, with WEEI.com’s Alex Speier tweeting that the Red Sox would get one righty and one lefty. Jen Royle of the Boston Herald tweeted this morning that Boston was close to trading Peavy to an NL team, and FOX Sports’ Ken Rosenthal tweeted that the Red Sox and Giants were in serious discussions. CSNBayArea.com’s Andrew Baggarly reported that the Giants would receive cash in the deal.
Photo courtesy of USA Today Sports Images.