This Date In Transactions History Rumors

This Date In Transactions History: December 29

Things tend to be fairly quiet between Christmas and New Year's Eve, but we've seen some big free agent signings go down during that week.  Today marks the anniversary for two of them: Jason Bay signing with the Mets and Barry Zito to the Giants.

In the winter of 2009, the Mets agreed to a four-year, $66MM deal with former Red Sox slugger Jason Bay.  The deal was panned by many critics at the time as they felt that the Mets were mortgaging their future with a heavily backloaded deal.  The Mets agreed to give Bay $6.5MM in 2010 and $16MM in the following three seasons.  The deal also included a $17MM club option for 2014, which could be 86'd for another $3MM.  Of course, the two sides never got close to that point.  After playing just 288 games across three seasons in Queens with a batting line of .234/.318/.369, the Mets and Bay agreed to an early expiration of his contract in November 2012.  Bay will still earn the $21MM owed to him for the remainder of the deal, but the Mets will save a bit by being able to defer a portion of it.

Three years prior to that, the Giants made a statement when they signed Barry Zito to a seven-year, $126MM deal.  At the time, the deal made the left-hander the highest paid pitcher in major league history.  The deal was widely panned as an overpay and it's not clear how much the next-highest bidder was offering.  The Rangers put a six-year, $80MM offer on the table and those spend-happy Yankees never got around to making a formal offer. 

On the whole, Zito has struggled to pitch well consistently, but the left-hander found redemption last season.  After pitching to a 4.15 ERA with 5.6 K/9 and 3.4 BB/9 across 32 starts in the regular season, Zito shined in a pair of postseason starts for San Francisco, including a strong effort in Game 1 of the World Series to give the Giants a 1-0 advantage.

Can Bay re-write his story as well?  The Mariners took a low-risk flyer on the veteran this winter, signing him to a one-year, $1MM deal with $2MM in performance bonuses.  Bay now has a chance at a tabula rasa, away from the scrutiny of the New York press and a short drive from his home in Kirkland, Washington.


This Date In Transactions History: December 28

Major transactions can occur at any time in baseball's offseason, even during the lull between Christmas and New Year's Eve.  Let's look back at some of the major transactions that have taken place on past December 28ths over the years…

  • It was one year ago today that the Red Sox acquired Andrew Bailey and Ryan Sweeney from the Athletics in exchange for Josh Reddick and prospects Miles Head and Raul Alcantara.  Boston had Bailey tapped as the team's replacement for Jonathan Papelbon at closer, but Bailey struggled with injuries and posted a 7.04 ERA in 19 games.  Reddick, meanwhile, had a breakout year, winning a Gold Glove and hitting .242/.305/.463 with 32 homers to help lead the A's to the AL West pennant.  Even if Bailey gets healthy and returns to form, a good closer doesn't have the value of a good (and controllable through 2016) everyday outfielder, so I'd say Oakland has won this trade already.
  • Jon Garland signed a three-year, $29MM contract to remain with the White Sox on this day in 2005.  Garland never quite developed into anything more than a nice innings-eater, averaging 210 IP with a 4.37 ERA and 4.5 K/9 rate over the next two seasons.  Chicago dealt Garland to the Angels for Orlando Cabrera following the 2007 season.
  • The Diamondbacks acquired their most beloved player in franchise history on this day in 1998, picking up Luis Gonzalez from the Tigers in exchange for Karim Garcia.  Gonzalez had been a solid player for his first nine years in the majors but he exploded in Arizona, posting a 1.001 OPS over the next three seasons including a 57-homer outburst in 2001.  Gonzalez is best remembered for his walkoff bloop single against Mariano Rivera in Game Seven of the legendary 2001 World Series.  Garcia, meanwhile, had a .708 OPS in 104 games with Detroit before being dealt during the 2000 season.
  • Tim Raines is in the news due to his Hall of Fame candidacy, and it was on this day in 1995 that Raines was dealt from the White Sox to the Yankees for future considerations.  Raines was 36 years old at the time of the trade but he still had plenty of value as a platoon player, hitting .299/.395/.429 in 940 PAs over his three seasons in New York and winning two World Series rings.
  • The Astros and Padres swung a whopper of a trade on this day in 1994, with 12 players eventually changing teams once all was settled.  Houston acquired Derek Bell, Ricky Gutierrez, Pedro Martinez (not that one), Phil Plantier and Craig Shipley while San Diego picked up Ken Caminiti, Andujar Cedeno, Sean Fesh (as a player to be named later), Steve Finley, Roberto Petagine and Brian Williams.
  • Warren Cromartie surprised many by instead signing a three-year, $2.5MM deal with the Yomiuri Giants on this day in 1983, a rare case of a player going to Japan in his prime. (Baseball Reference believes collusion may have played a role in Cromartie not finding a good Major League offer.) Cromartie played in Japan for seven seasons and wrote a book about his experiences in the NPL following his retirement. 
  • Danny O'Connell may not be well-remembered today, but the infielder was so highly-sought by the Braves that they sent six players and $100K to the Pirates in exchange for O'Connell on this day in 1953.  It remains the only six-for-one trade in Major League history, topped only by the A's dealing Vida Blue to the Giants for seven players in 1978.  O'Connell, by the way, didn't quite live up to the hype in Milwaukee.  He posted a .647 OPS in three-plus years with the Braves and was part of a trade package sent to the Giants partway through the 1957 season for Red Schoendienst, who ended up playing a key role in the Braves' 1957 World Series run.

This Date In Transactions History: Mo Vaughn

On this date in 2001, the Mets acquired first baseman Mo Vaughn from the Angels in exchange for right-hander Kevin Appier.  Vaughn had missed the entire 2001 season with the Angels due to a ruptured tendon in his left arm, but General Manager Steve Phillips & Co. opted to roll the dice on the slugger anyway.  The trade was meant to bring some power to the Mets' lineup, but Vaughn's injuries wound up making the deal one of the worst moves of Phillips' tenure in New York.

The media got wind of the trade almost a week prior to its completion when sources told Tyler Kepner of the New York Times that Phillips, manager Bobby Valentine, and Assistant General Manager Omar Minaya traveled up to Massachusetts to watch Vaughn work out, which was unusual given that Vaughn was under contract with Anaheim.  ''I understand it was very positive.  I heard that they really liked what they saw," said one source.  That would presumably include Vaughn's physical shape, despite the slugger's reported increase from 245 pounds to 275 pounds in his first two seasons with the Halos. 

Less than a week later, the Mets agreed to take on Vaughn and the roughly $50MM owed to him over the next three seasons.  As part of the deal, the Mets got to defer some of the money paid to the first baseman while the Angels covered the $8MM he was still owed as part of his signing bonus.  Meanwhile, they would also part with Appier, who was coming off of an impressive season in his first (and only) campaign in blue and orange.  The right-hander posted a 3.57 ERA with 7.5 K/9 and 2.8 BB/9, his best numbers since his time in Kansas City.

Vaughn wasn't able to mash the ball as well as he had in years past by the time he got to Shea, but the veteran still managed to hit .259/.349/.456 with 26 homers in 139 games in 2002.  The 2003 season was an entirely different story, however, as a knee injury in early May would bring his career to a close.  Meanwhile, Appier pitched to a 3.92 ERA with 6.3 K/9 and 3.1 BB/9 in 32 starts for the Halos in 2002, helping to propel the Halos to their first World Series title.  The Angels wound up releasing Appier the following year as he struggled with a flexor tendon injury, but one has to imagine that they were pretty happy to get out from under the money owed to Vaughn.



This Date In Transactions History: Marlins Fire Sale

Two weeks ago, the Marlins agreed to send basically every player making decent money on their roster to the Blue Jays for a package of prospects. The 12-player blockbuster became official a week ago, leaving Miami with just three players scheduled to make $2MM+ in 2013. Ricky Nolasco ($11.5MM) and Yunel Escobar ($5MM) could both still be moved before the end of the winter as well.

This isn't the first time the Marlins have torn things down and rebuilt from scratch, of course. They did it immediately following their 1997 World Series win, then again a few years after bringing home the 2003 World Championship. On this date in 2005, the team officially swung a pair of trades sending three of their highest paid players elsewhere.

Trade #1: Boston Red Sox
Josh Beckett, then just 25, was coming off a 3.38 ERA with 8.4 K/9 and 2.9 BB/9 in 178 2/3 innings for Florida. He earned $2.4MM in 2005 and was due a significant raise in his second trip through arbitration, plus the team was unlikely to re-sign him long-term when he hit free agency after 2007.

Beckett had significant trade value, so the Marlins took advantage by attaching then-31-year-old Mike Lowell to him in talks. If a team wanted Beckett, they had to take Lowell as well. The third baseman slipped to .236/.298/.360 with eight homers in 558 plate appearances that year, but more importantly he was scheduled to earn $18MM total from 2006-2007.

Few teams could meet Florida's demand for a young shortstop, but the Red Sox were one of them. The two sides worked out a seven-player trade that sent Beckett, Lowell, and Guillermo Mota to Boston in exchange for prospects Hanley Ramirez, Anibal Sanchez, Harvey Garcia, and Jesus Delgado. The Marlins saved all $18MM owed to Lowell in addition to second- and third-year arbitration salaries for Beckett and a third-year arbitration salary for Mota. The trade worked out well for both teams as Beckett and Lowell helped the Red Sox to the 2007 World Championship while Ramirez developed into an MVP candidate and Sanchez became a rock solid innings-eater for the Marlins.

Trade #2: New York Mets
During the 2004-2005 offseason, Florida landed the top free agent slugger by signing Carlos Delgado to a four-year, $52MM contract with a fifth-year vesting option. The then-33-year-old hit .301/.399/.582 with 33 homers in the first year of the contract, good enough to earn him a sixth-place finish in the MVP voting. However, like the contracts of Jose Reyes and Mark Buehrle, Delgado's deal with the Marlins was heavily backloaded. He earned just $4MM in 2005, then his salary was scheduled to jump to $13.5MM in 2006, $14.5MM in 2007, $16MM in 2008, and potentially $12MM in 2009 if the option vested ($4MM buyout).

Rather than pay him that huge salary over the next three years, the Marlins traded Delgado to the Mets for three minor leaguers: Yusmeiro Petit, Mike Jacobs, and Grant Psomas. The Mets also received $7MM from Florida in the trade, but it was a drop in the bucket compared to the $48MM left on the contract. Delgado hit .265/.349/.505 with 100 homers during his first three years with New York, which was enough for the team to exercise his option even though it didn't vest. Jacobs had three decent years with the Marlins while Petit and Psomas flamed out, but the real get for the club was the $41MM in payroll savings. Combined with the Red Sox swap, the Marlins shed more than $59MM in contract obligations with these two moves seven years ago today.


This Date In Transactions History: Chris Carpenter

On this date in 2002, the Blue Jays released their Opening Day starter, right-hander Chris Carpenter.  The 27-year-old was removed from the 40-man roster after a trying season in which he went just 73 1/3 innings before being shut down to undergo shoulder surgery.  He posted a 5.28 ERA with 5.5 K/9 and 3.3 BB/9 in his final year in Toronto, but the former first-round pick had a stronger season in 2001 finishing with a 4.09 ERA with 6.6 K/9 and 3.1 BB/9 powered by a solid first-half of the year.  The Blue Jays did offer Carpenter an incentive-laden minor league deal to stay on board, but the hurler instead decided to try his luck on the open market.

The Cardinals, of course, would be the team to roll the dice on 6'6" right-hander.  Carpenter was signed to a deal with a club option for 2004 with the hope that he would be ready to return by the mid-season in 2003.  The club bought out his '04 season for $200K rather pay the him the $2MM he would have made, but the two sides were able to negotiate a new deal later on that winter.  The Cardinals were grateful that they did, as Carpenter returned in 2004 to register a 3.46 ERA with 7.5 K/9 and 1.9 BB/9 across 28 starts to help the Cards win the National League pennant.  That was a sign of great things to come as he would edge Dontrelle Willis for the Cy Young Award in 2005 and delivered an almost equally strong campaign in '06.

In his time with St. Louis, Carpenter's legacy has been one marked by quality pitching and frustrating injuries, but the resilient pitcher has always found a way to bounce back from his extended absences.  A torn labrum delayed his Cardinals debut, but he certainly managed to make it worth the wait.  Four years later, Tommy John surgery limited him to four starts across two seasons.  Tomorrow afternoon, Carpenter will take the mound against the Nationals in Game 3 of the NLDS despite undergoing surgery to repair his thoracic outlet syndrome which was supposed to sideline him all season long.  Despite his battles through multiple injuries, it's safe to say that the Blue Jays' decision ten years ago is one that they would like to have back.


This Date In Transactions History: Tim Salmon

Had MLBTradeRumors been in existence during Tim Salmon's strongest years, it's unlikely that you would have seen him featured prominently on the site.  For the most part, it was difficult to picture the outfielder known as Mr. Angel donning another uniform.  On this date in 2006, Salmon announced that he would end his career with the only franchise that he had ever known. 

Salmon quickly made a name for himself in the majors as he hit .283/.382/.536 with 31 homers in his first full season in 1993, earning AL Rookie of the Year honors with 100% of the first-place votes.  The right fielder didn't let up in the years that followed and finished seventh in MVP voting in both 1995 and 1997, seasons in which he posted an OPS of 1.024 and .911, respectively.  Injuries would limit Salmon to just 98 games in 1999 – his lowest total since becoming a full-time major leaguer – but he bounced back in spectacular fashion in 2000, matching his career-high of 34 home runs.

The strong season came at the tailend of his four-year, $16.5MM deal with the Halos.  The lifelong Angel wasn't short on suitors, but quickly chose to stay put with the Angels on a four-year, $40MM extension.  Salmon's 2001 regular season was somewhat forgettable and it stayed that way thanks to his strong bounceback in 2002, culminating in the Angels' 2002 World Series championship.

The veteran would later reach another crossroads in his career where he may have entertained the idea of playing elsewhere.  After missing all of 2005 thanks to a pair of significant surgeries, Salmon hooked on with the Angels in Spring Training with the hope of auditioning himself for other clubs.  However, the veteran's play earned him a spot with the club in 2006 in which he saw 54 games at DH with a handful of appearances in the outfield.  On September 28th, Salmon announced that he would call it a career after 14 big league seasons. 

On a day in which the Braves are paying tribute to their own longtime superstar, it seems fitting to also reflect on the career of another lifelong franchise pillar who plied his craft on the opposite coast.  While Chipper Jones' body of work is obviously quite different from Salmon's, it's rather remarkable that the outfielder never received an All-Star nomination throughout the course of his lengthy career.  However, he will always be remembered fondly by Angels fans for his power bat, his resilience in the face of multiple setbacks, and his instrumental role in the club's 2002 championship.


This Date In Transactions History: Colby Rasmus

Colby Rasmus - Blue Jays (PW)

It’s been exactly one year since the Blue Jays, Cardinals and White Sox completed the complicated three-team trade that sent Colby Rasmus to Toronto. The Cardinals have an 88-70 regular season record in the last calendar year, plus the 11 postseason wins they earned en route to the 2011 World Series championship. Meanwhile, Rasmus has hit 20 homers and posted a .224/.283/.419 batting line in 543 plate appearances with the Blue Jays. He struggled after arriving in Toronto last summer, but has hit for power so far in 2012, and now has 17 home runs on the season. 

I spoke with Rasmus earlier in the month. Here are some of his reflections on the trade, his ability and playing in Toronto: 

MLBTR – Looking back, what are your thoughts on the trade?

Colby Rasmus – I’m definitely happy I got traded. I’ve enjoyed my time here since I’ve been here. When I look back at my time here, I feel like I’ve worked hard, played hard and that’s all I can do. So I’m happy with it.

(more…)


Draft Signings: Mariners, Mets, Royals, A’s, Pirates

Here are today's latest draft signings, with the most recent updates up top..

  • ‪The Mariners‬ signed sixth-round pick Timmy Lopes for $550K, well over the pick value of $198K, according to Callis (via Twitter).  The infielder out of California is said to have a good bat, not unlike his older brother Christian Lopes who was drafted by the Blue Jays last year.  The M's also announced that they signed 26 others from this year's draft and have now inked 25 of their first 30 picks.
  • The Mets‬ signed third-rounder Matt Koch for $425K, slightly below his pick value of $445K, tweets Jim Callis of Baseball America.  The right-hander has a 92-96 mph fastball and flashes good slider and changeup. 
  • The Royals‬ signed fourth-round pick, Stanford infielder Kenny Diekroeger, tweets Bob Dutton of the Kansas City Star.  Just one of Kansas City's top ten picks remain unsigned.
  • The A’s announced that they agreed to terms with center fielder Herschel Powell (20th round), right-hander Lee Sosa (26th), shortstop Christopher Wolfe (30th), and first baseman John Wooten (37th).
  • The Pirates announced that they signed eight draft picks, including infielder Eric Wood (sixth round).  Pittsburgh has now inked nine draft picks in total and continues to negotiate with eighth-overall pick Mark Appel.

This Date In Transactions History: Bill Buckner

Everyone makes mistakes.  However, not everyone draws the ire of an entire fan base and a city for their errors in life or on the baseball diamond.  For a long time, it seemed as though Bill Buckner would never be forgiven by the Red Sox faithful for his infamous play.  The Mets, seemingly on the verge of elimination in Game Six of the 1986 World Series, mounted a comeback in the 10th inning that should have been extinguished by Mookie Wilson's slow roller to first base.  Buckner, hampered by two bad ankles, let the ball squeak through his legs, allowing the Mets to score the winning run, tie the series at 3-3, and capture the title two days later at Shea.

Buckner remained with the club for the 1987 season until he was released in early July after hitting .273/.299/.322 with two homers in 75 games.  His final 57 games with the Angels were much stronger as he posted a slash line of .306/.337/.432 with three home runs.  Prior to the 1990 season, the Red Sox signed the 40-year-old Buckner and the veteran received a standing ovation when he was introduced at the home opener on April 9th.  Buckner's Beantown homecoming would be short-lived, however, and on this date in 1990, the veteran would retire upon being released by the Red Sox.

The first baseman made just 48 plate appearances in his second Boston go-round but would retire with a strong 22-year body of work to reflect upon.  Buckner came into his own as a member of the Dodgers before enjoying his prime with the Cubs, where he hit .300/.332/.439 across eight seasons.  While Buckner's most memorable moment on the field was his gaffe October of 1986, the first baseman was able to wrap up his impressive career on good terms with the Fenway Park crowd.


This Date In Transactions History: Rickey Henderson

In 1999, Rickey Henderson hooked on with the Mets and turned in yet another strong campaign.  The 40-year-old hit .315/.423/.466 in 121 games and racked up 37 steals to go with it.  However, production isn't always everything and, shockingly, Henderson proved to be difficult to work with.  The veteran found himself as fodder for the tabloids when he allegedly left the Mets' dugout to play cards with Bobby Bonilla during the team's season-ending loss in the NLCS to the Braves.  The friction between Henderson and the front office would carry over in to the 2000 season when the leftfielder openly complained about his $1.9MM salary and demanded a raise during Spring Training which he never received.  On May 13th, 2000, Henderson's time in Queens would come to an end.

In an afternoon game against the Marlins at Shea, Henderson belted a shot that he felt was certain to clear the fence.  Henderson opted to watch the ball in flight only to see it fall short.  The outfielder wound up with what amounted to a 355-foot single and didn't feel the need to apologize for it.  "I didn't cause them to lose. Look someplace else," said Henderson following the 7-6 loss, according to the Associated Press.  It turns out that the future Hall of Famer would be the one who was someplace else as he went unclaimed on waivers before finally being released.  Agent Jeff Borris wasn't fazed by the news.

"I don't anticipate having a problem finding him a place to play," said Borris. "A lot of people think Rickey has a lot of baseball left in him. Rickey has had a spectacular career, and it would be a blemish if it ended this way. There are a couple of major milestones that he still wants to achieve."

Borris was right as the legendary illeist wasn't without employment for long.  Henderson quickly hooked on with the Mariners and finished out the year hitting .238/.362/.327.  While that was the end of Henderson's time playing for the Mets, he would once again don orange-and-blue as a special instructor and later on as the team's first base coach in 2007.