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Todd Frazier Rumors
Over the next few weeks, I will be discussing some of the higher profile upcoming arbitration cases. I will rely partly on my arbitration model developed exclusively for MLB Trade Rumors, but will also break out some interesting comparables and determine where the model might be wrong.
Todd Frazier enters his first year of arbitration this winter coming off a career year. In 660 PA, Frazier hit .273, stole 20 bases, smashed 29 home runs and collected 80 RBIs. The Reds’ third baseman has some solid pre-platform year numbers as well, having already accumulated 44 home runs and 155 RBIs before 2014, as well as 10 steals and a .249 average in 1186 PA. Several players have entered arbitration with similar numbers in recent years, but Frazier has somewhat of a leg up on many of them. As a result, my arbitration model projects him to get $4.6MM this winter. While I think that is more likely to be high than low, I do not think he is likely to miss this mark by much.
One promising comparable for Frazier could be Jason Heyward in 2013. He earned $3.65MM after 650 PA with 27 home runs and 21 stolen bases, along with 82 RBI and a .269 average. Basically, his platform season is a dead ringer for Frazier’s but Frazier’s pre-platform power numbers are better, as Heyward hit 32 homers (12 less than Frazier) and 114 RBIs (41 less than Frazier). Both had similar averages in their pre-platform years (Heyward hit .255), and Heyward stole 20 bases to Frazier’s ten. Frazier also had amassed 1186 pre-platform PA, to Heyward’s 1077. Since Heyward is so similar to Frazier in his platform year, yet Frazier clearly has him beat in his pre-platform years, it seems likely that Frazier will beat Heyward’s $3.65MM mark. The fact that salaries have grown over the last couple years also factors into Frazier’s higher projected salary.
CAA Sports, Frazier’s agency, could try to argue for Dan Uggla on the high side. Uggla earned $5.35MM in his first year of arbitration, although that was six years ago and thus less likely to be used as a comparable. Furthermore, Uggla was a second baseman, and Frazier is more apt to be compared to outfielders or other corner infielders. This being said, Uggla’s case is somewhat similar — he had 32 home runs and 92 RBI in 2008, so his power numbers bested Frazier’s 29 and 80 in his platform year, and he also had better numbers in his pre-platform years (58 HR and 178 RBI) than Frazier (44 HR and 155 RBI). Frazier had a slightly better platform-year average (.273 versus .260) though his .249 average over his pre-platform years was lower than Uggla’s .263 mark. Overall, Uggla’s $5.35MM number seems like the absolute ceiling of what Frazier can expect to earn.
A couple other players between Heyward’s $3.65MM and Uggla’s $5.35MM are possible comparables for Frazier as well. Pedro Alvarez agreed to a $4.25MM deal last year after having better power numbers, but a lower average and fewer steals than Frazier both in his platform and pre-platform years. Alvarez had 36 HR and 100 RBI in his platform year and 50 HR and 168 RBI in his pre-platform years. Alvarez’s averages, however, in his platform (.233) and pre-platform years (.237) fall short of Frazier’s .273 and .249, and he only had two steals both in his platform and pre-platform years, falling well short of Frazier’s 20 and 10 steals in each respective period. Overall, depending on how power gets treated relative to average and steals, Alvarez could be seen as a superior or inferior case to Frazier.
Another possibility is comparing Frazier to Mark Trumbo, who earned $4.8MM last season. Trumbo had a .234 average, but 34 HR and 100 RBI with five stolen bases in his platform year, and he hit .259 with 61 home runs and 184 RBIs with 13 stolen bases in his pre-platform years. Trumbo has better numbers across the board in his pre-platform years, but his platform year again asks the question of whether power or batting average and stolen bases are more important. Given all the factors that could eliminate Uggla — 2B vs. 3B, 2008 vs. 2014, etc. — from being a comparable to Frazier, Trumbo’s $4.8MM will in all likelihood be seen as the true ceiling for what Frazier can earn in arbitration.
My best guess is that Alvarez is seen as the most appropriate comparable for Frazier. Alvarez has something of the edge in power numbers while Frazier has the edge in the batting average/stolen base numbers, though there isn’t really a huge gap in any of the categories. Frazier could potentially earn a slight increase representing inflation over Alvarez if they are seen as similar, however. While the model projection of $4.6 is probably too high, I think the Reds third baseman will get relatively close to that number.
Earlier this month, the Reds made their front office addition of Kevin Towers official, but that’s far from the only change they made. As MLB.com’s Mark Sheldon reports, the Reds have also promoted VP of baseball operations Dick Williams to VP/assistant general manager, giving him a larger role in the club’s decision-making process. Presumably, he’ll assume some of the responsibilities of well-regarded veteran AGM Bob Miller, who is now with the Nationals. Promoted to senior director positions were Nick Krall (baseball operations) and Sam Grossman (analytics). As for Towers’ official title, he will be a special assistant to GM Walt Jocketty, as will fellow new hire Jeff Schugel, who worked with Atlanta in a similar capacity last year.
Here are some more Reds notes…
- In a second column, Sheldon examines some free agent outfield options that are on the Reds’ radar or at least should be, in his eyes. Sheldon lists Nori Aoki, Mike Morse, Torii Hunter, Colby Rasmus, Alex Rios and Chris Denorfia as potential fits, though he notes that sources have indicated to him there’s been no contact with Hunter or Denorfia to this point. Interest in Aoki and Morse has been confirmed by Jocketty, but it’s unclear whether the Reds have touched base with Rasmus or Rios.
- John Fay of the Cincinnati Enquirer looks at how the Mariners’ reported extension of Kyle Seager has increased the price of a potential extension for Todd Frazier. Both third basemen are arbitration-eligible for the first time (or Seager was, prior to his extension, at least). Frazier is a year older than Seager but the two posted very similar batting lines in 2014, have good defensive marks and are comparable in terms of WAR. I’d think Frazier’s case is a bit weaker due to a less consistent offensive track record and the age difference, but the two are certainly comparable. Seager’s extension is said to be worth $100MM over seven seasons.
- In this week’s edition of the MLBTR Podcast, site owner Tim Dierkes chatted with host Jeff Todd about speculation surrounding the Reds and Red Sox as trade partners. The Reds could theoretically benefit from Cespedes’ bat and have comparably priced pitchers to trade, leading some to wonder about a potential deal with Cespedes and Mat Latos. However, Tim posits that Mike Leake could be a safer option for the Red Sox as a centerpiece in a Cespedes trade, given his clean injury history. Leake’s taken a step forward over the past two seasons, pitching to a combined 3.54 ERA in 406 2/3 innings in Cincinnati’s very hitter-friendly stadium. Latos made just 16 starts and lost nearly two mph off his fastball. Tim and I have discussed this scenario as well. We both agree that Leake, who would hit the market at the young age of 28 next offseason, could net his 2015 club a draft pick assuming he isn’t traded midseason and is capable of turning in something in the vicinity of the 104 ERA+ he’s notched over the past two seasons.
More Saturday linkage..
- Ty Wigginton of the Orioles will likely see his number of at-bats decrease after the team's signing of Miguel Tejada and Garrett Atkins. Roch Kubatko of MASNSports.com says that the 32-year-old could be a trade candidate in Spring Training.
- The sale of the Rangers to Chuck Greenberg's group is complete and an announcement is forthcoming, according to MLB.com's T.R. Sullivan.
- Phil Wood of MASNSports.com understands the Nats' pursuit of Orlando Hudson, but not their reported interest in Orlando Cabrera. Hudson is reportedly seeking $9MM per season whereas Mike Axisa estimates that Cabrera can be had for $3MM.
- Veteran infielder Mark Loretta is expected to retire this week and take a job with an unspecified major league club, writes Jerry Crasnick of ESPN. The 38-year-old, who spent 2009 with the Dodgers, has a career .754 OPS.
- Brian McTaggart of MLB.com writes that signing Hunter Pence to one-year, $3.5MM deal makes sense for Houston. McTaggart senses that there is some kind of a groundswell of support by Astros fans to lock up the 26-year-old, but the club still has three years of contractual control to make such a deal happen.
- Signing Brad Penny saved money for the Cardinals, writes Rick Hummel of the St. Louis Post-Dispatch. While it may seem as though Penny's $7.5MM deal is similar to Joel Pineiro's two-year deal that will pay him an average of $8MM per season, the extra year on Pineiro's contract didn't fit into the Cards' budget.
- Due in part to the team's overload of left field options, top Reds prospect Todd Frazier could see some time at shortstop this season, writes John Fay of the Cincinnati Enquirer. Frazier played shortstop in his time at Rutgers University but was moved to the outfield as he was considered to be "too big for the spot." GM Walt Jocketty said that there will be open competition for the role of starting shortstop, though Fay says that it will likely go to the light-hitting Paul Janish.