- Joel Hanrahan To Undergo Tommy John Surgery, Released By Tigers
- Twins, Brian Dozier Making Progress On Extension
- 2016-17 MLB Free Agents
- Blue Jays Sign Dayan Viciedo
- White Sox Great Minnie Minoso Passes Away
- Dodgers Sign Mike Adams
- Michael Saunders To Miss 5-6 Weeks After Knee Surgery
- Blue Jays, Athletics Talking With Dayan Viciedo
- Doug Melvin On Papelbon Trade Talks, K-Rod Signing
- Brewers To Re-Sign Francisco Rodriguez
Trade Rumors Apps
- Trade Rumors iOS App
- Trade Rumors Android App
- MLBTR Podcast
- 2014-15 MLB Free Agent Tracker
- 2015 MLB Free Agent List
- 2015 Arbitration Tracker
- Projected Arbitration Salaries For 2015
- Free Agent Contest Leaderboard
- Reverse Standings
- 2016 MLB Free Agent List
- Transaction Tracker
- DFA Tracker
- Agency Database
- Hot Stove Glossary
- MLBTR On Facebook
- MLBTR On Twitter
- Team Twitter/RSS Feeds
- Team Facebook Pages
- Hoops Rumors
- Pro Football Rumors
- NL East Notes: Braves, Minor, Peraza, Marlins
- AL West Notes: Hernandez, Andrus, Crisp, Athletics
- MLBTR Live Chat
- Offseason In Review: Baltimore Orioles
- Octagon Adds Agents Jay Alou, Brian Mejia, Ulises Cabrera
- 2014-15 Free Agent Market: Overall Spending Declines, AAV Rises
- Minor Moves: Brandon Snyder
- Rangers To Return Edgar Olmos To Mariners
- Joel Hanrahan To Undergo Tommy John Surgery, Released By Tigers
- Poll: Wisest $60MM To $70MM Offseason Spend
- AL Notes: Victorino, McBryde, Twins
- 2014-15 Free Agent Spending By Team
- Minor Moves: Pedro Beato
- Twins, Brian Dozier Making Progress On Extension
- NL Notes: Brewers, Mets, Banuelos
MLBTR Mailing List
Rumors by team
- Angels Rumors
- Astros Rumors
- Athletics Rumors
- Blue Jays Rumors
- Braves Rumors
- Brewers Rumors
- Cardinals Rumors
- Cubs Rumors
- Diamondbacks Rumors
- Dodgers Rumors
- Giants Rumors
- Indians Rumors
- Mariners Rumors
- Marlins Rumors
- Mets Rumors
- Nationals Rumors
- Orioles Rumors
- Padres Rumors
- Phillies Rumors
- Pirates Rumors
- Rangers Rumors
- Rays Rumors
- Red Sox Rumors
- Reds Rumors
- Rockies Rumors
- Royals Rumors
- Tigers Rumors
- Twins Rumors
- White Sox Rumors
- Yankees Rumors
Victor Martinez Rumors
Today marked the deadline for players to receive one-year, $15.3MM qualifying offers, and after nine players receiving a QO in 2012 and 13 players receiving the offer last offseason, 12 players have been extended a qualifying offer by their teams in 2014. They are:
- Max Scherzer (Tigers)
- Victor Martinez (Tigers)
- David Robertson (Yankees)
- Melky Cabrera (Blue Jays)
- James Shields (Royals)
- Hanley Ramirez (Dodgers)
- Pablo Sandoval (Giants)
- Nelson Cruz (Orioles)
- Russell Martin (Pirates)
- Francisco Liriano (Pirates)
- Michael Cuddyer (Rockies)
- Ervin Santana (Braves)
Should these players reject the offer and sign with a new team, their former team will stand to receive a “sandwich” round draft pick as compensation. Those new teams, in turn, will have to forfeit their top unprotected draft pick. If a player rejects a QO but ultimately re-signs with the same team, no draft pick shuffling occurs.
There will be 11 protected picks in this year’s draft, as the picks of the teams with the 10 worst records are protected under the CBA, and Houston’s comp pick for failure to sign Brady Aiken is protected as well. The D’Backs, Astros, Rockies, Rangers, Twins, Red Sox, White Sox, Cubs, Phillies and Reds will all have their first-round selections protected. Those clubs will instead forfeit a second-round pick to sign a free agent with draft pick compensation attached. Teams can sign more than one free agent that has rejected a QO, as the Orioles did last winter in signing both Ubaldo Jimenez and Cruz. In that instance, Jimenez cost the team its first-round pick, while Cruz cost the club its second-round selection.
The players listed above will now have one week to decide whether or not to accept the QO and play on a one-year deal worth $15.3MM, or instead to or reject the offer in search of a larger guarantee on the open market.
The word “guarantee” is the key to that sentiment: while many will focus on whether or not the players can top that average annual value on the free agent market, more often than not, a player is concerned primarily with maximizing the amount of money he can earn over his prime seasons. Few players are ever sold on the idea of playing on a one-year deal when a multi-year guarantee can be had. Single-year contracts, on the free agent market, are often reserved for older players who don’t know how long they wish to continue playing (e.g. Hiroki Kuroda last winter), players coming off massive injuries (e.g. Corey Hart last winter) or players who have significantly underperformed in a contract year (e.g. Chris Young last offseason).
While upon first glance it might make sense to suggest a player with a spotty track record, such as Liriano, should accept the offer, there’s more downside for him in accepting than in rejecting. Even if Liriano is faced with a cold market, he’d likely be able to find a one-year contract at an AAV north of $10MM, if not a one-year offer commensurate with the total sum of the qualifying offer, as Santana did last offseason when signing a one-year, $14.1MM contract with the Braves. Whereas the downside in accepting is “settling” for a one-year deal a few ticks below the QO level, the upside in rejecting is finding perhaps a three-year deal that could more than double the guarantee he’d otherwise receive. This risk/benefit calculus generally points toward testing the market.
The one case for accepting in this year’s class, that I see, would be that of Cuddyer. Though a solid veteran bat coming off a strong pair of seasons in terms of his rate stats, Cuddyer has defensive limitations and injury questions that will also drag his stock down. He played in just 49 games in 2014 and will play next season at age 36. MLBTR’s Zach Links only pegged his free agent stock at $22MM over two years in his recent Free Agent Profile for Cuddyer. It does seem there’s a real chance that Cuddyer could come in significantly lower than $15.3MM on a one-year deal if he rejects, and the upside may not be much greater for him as a two-year deal may have been the realistic ceiling anyhow.
Reports on whether or not any player will accept the offer should be filtering in over the next week, but those looking for a quick resource to check the status of each can use MLBTR’s Free Agent Tracker (the provided link is already filtered to show only free agents that have received the QO, and their status will change from “Received” to “Rejected” or “Accepted” upon a decision being reached).
The Indians should be poised to contend for the AL Central title next year because the Tigers and Royals are going to take a hit in free agency, opines Paul Hoynes of the Northeast Ohio Media Group in the latest edition of his “Hey, Hoynsie” column. Free agency won’t damage the White Sox, Hoynes adds, but they are in need of pitching to complement their power while the Twins are still putting together the pieces after four consecutive seasons of at least 92 losses.
Here’s more on the Indians from Hoynes:
- Manager Terry Francona had clauses inserted into his contract when he was hired by the Indians allowing him to leave if President Mark Shapiro or GM Chris Antonetti are fired. Would Francona ever follow Joe Maddon’s lead? Hoynes notes Andrew Friedman left the Rays voluntarily and isn’t sure whether such a departure by either Shapiro or Antonetti would trigger Francona’s opt-out.
- The Indians will not be bidding on the premier bats available in free agency (e.g. Pablo Sandoval (#5 on MLBTR’s 2014-2015 Top 50 Free Agents list), Victor Martinez (#6), Russell Martin (#8), and Nelson Cruz (#9), according to Hoynes, who sees the club setting their sights on the likes of Michael Morse (#28) and Ryan Ludwick (unranked) once other moves are made.
- Jose Ramirez will be the Indians’ 2015 Opening Day shortstop, Francisco Lindor is probably ticketed for Triple-A, and Zach Walters, acquired in the Asdrubal Cabrera trade, will have to make the team as a bench player.
- The Indians are not in the position of needing to trade their core players, so Hoynes would be surprised if Corey Kluber, Yan Gomes, or Michael Brantley are dealt this winter.
The Marlins hope to have Giancarlo Stanton signed to a long-term extension before the Winter Meetings, Miami president of baseball operations Michael Hill tells Jim Duquette and Jim Bowden of MLB Network Radio on SiriusXM (audio link). Hill said that Jose Fernandez‘s rehab from Tommy John surgery is going well but the team is “not going to push anything because he is so valuable to us.” Not included in the audio link, but available via Bowden’s Twitter feed, are Hill’s remarks about wanting to add another starting pitcher and a big bat to the Marlins’ roster this offseason.
Here’s some more from around baseball…
- Ten hitters who the Mariners could pursue via trades or free agency are listed by Bob Dutton of the Tacoma News Tribune. Victor Martinez, Michael Cuddyer and Billy Butler seem to be Seattle’s likeliest targets, Dutton believes, while players like Melky Cabrera (desire to play on the East Coast), Nelson Cruz and Yasmany Tomas (salary demands) seem unlikely to join the M’s.
- Alex Rios is likely viewed by the Mariners and other teams as “a fall-back option” if their preferred outfield choices aren’t available, Dutton writes. “Few if any” scouts would sign Rios to a two-year contract, though a one-year deal worth no more than $10MM “could be a reasonable…risk.” MLBTR’s Tim Dierkes predicted Rios would find a one-year, $8.5MM deal this winter.
- A number of trends emerged from a study of how the last 46 playoff teams allocated their payroll, Travis Sawchik of the Pittsburgh Tribune-Review reports. Spreading salaries around seemed to be a key factor — only nine of the 46 teams spent more than 17% of their Opening Day payroll on a single player, and the teams averaged 54.5% on their five most expensive players. Of the 46 teams studied, only two had a highest-paid player who was also their most productive player (according to WAR).
- With offense down, starting pitchers (maybe even the top arms) could see their market diminished in free agency this winter, ESPN’s Buster Olney writes in his latest Insider-only piece. Conversely, this also raises the value of free agent hitters, plus some teams could receive some big returns in trades for quality bats. Olney lists a few hitters that have already been mentioned as possible trade candidates (i.e. Yoenis Cespedes and Cubs‘ middle infielders) as well as longer-shot options as Manny Machado.
- Mike Elias, the Astros‘ director of amateur scouting, discusses Houston’s scouting department, some prospects the difficulty in accurately grading hitting and a number of other topics as part of a wide-ranging interview with Fangraphs’ David Laurila.
The Tigers announced that they have extended one-year, $15.3MM qualifying offer to impending free agents Max Scherzer and Victor Martinez. Additionally, the team announced that utility man Don Kelly and right-hander Evan Reed have been outrighted off the 40-man roster. The Tigers also announced that they have selected the contract of outfielder Wynton Bernard, adding him to the 40-man roster.
That Scherzer and Martinez — two of the top 10 free agents in the Majors — received qualifying offers comes as little surprise. Each should be in high demand this offseason, and by extending the QO, the Tigers assure themselves of receiving a compensatory draft pick at the end of the first round for each player, should he sign elsewhere as a free agent.
The 34-year-old Kelly has been with the Tigers in a utility capacity since 2009 and has posted a .234/.297/.340 in 1157 plate appearances with Detroit in that time. Kelly has seen time at every position on the diamond, including catcher and pitcher, in his career, although his lone experience at shortstop came with the Pirates in 2007 — his only Major League stint that came in a uniform other than that of the Detroit Tigers.
Reed, 28, pitched to a 4.18 ERA with 7.2 K/9 and 3.3 BB/9 in 32 1/3 innings for the Tigers this season, and he posted similar numbers in 24 1/3 inning sample size a year prior. That Reed would clear waivers is a mild surprise, given his 96 mph average fastball velocity and fairly solid 3.78 FIP, 3.89 xFIP and 3.51 SIERA marks in addition to his 4.20 ERA. He can become a minor league free agent now by refusing his outright assignment.
In the wake of yesterday’s report Rays ownership has discussed relocating the franchise to Montreal, Commissioner Bud Selig paused and then declined to answer whether Tampa Bay is a viable major league market, reports Bill Shaikin of the Los Angeles Times. Selig did say, however, the team needs a replacement for Tropicana Field. “The team has to have a ballpark that makes them competitive,” the commissioner said before Game Four of the World Series. “It doesn’t produce the kind of revenue they need.”
In other news involving the Rays and the American League:
- Change is coming to the Rays and the front office and players alike don’t see it as a negative, writes the Tampa Tribune’s Roger Mooney. “Whoever we bring in here, they’re going to set the scheme and how they want to win games and be a successful organization,” said pitcher Alex Cobb. “When that trickles down to the players, all that is is us playing up to our capabilities, and that doesn’t matter who is in the dugout or the front office.” Mooney notes all coaches are under contract for 2015; but, if the new manager is from outside the organization, there may be changes to the staff.
- In today’s mailbag, a reader proposed his Indians offseason plan to Paul Hoynes of The Plain Dealer: trade Jason Kipnis and David Murphy for prospects to free up money, then use that money on Victor Martinez. Hoynes doesn’t see the Tribe trading Kipnis so soon after giving him a $50MM+ extension, despite his bad year. The reader’s ambitious plan also calls for Cleveland to have one of their young outfielders form a platoon with Nick Swisher and, given his $15MM salary, Hoynes believes the team wants to see him in the lineup every day.
- Nick Cafardo of the Boston Globe identified Mark Buehrle as a trade candidate earlier today and Darren Wolfson of 1500 ESPN tweets the Twins have long been admirers of the Blue Jays hurler. Still, his $19MM salary is too high.
- If the Jon Daniels-Jeff Banister partnership works in Texas, it will continue a trend in the game of a college educated GM with no professional playing experience working with a baseball lifer as manager, according to Evan Grant of the Dallas Morning News.
Victor Martinez is coming off perhaps the finest season of his career at age 35, but age won’t stop the designated hitter from pursuing a four-year contract on the open market, according to Jon Heyman of CBS Sports. Martinez implied earlier in the month to Anthony Castrovince that he’d like to play another four years, though not specifically all on one contract.
Martinez will decline a qualifying offer from the Tigers and seek a contract that covers the same term that his previous four-year, $50MM contract with Detroit. However, it can be reasonably assumed, in my estimation, that the guarantee on a new four-year deal would exceed that total. The Tigers would love to have Martinez back, Heyman writes, but a four-year deal could be a sticking point for the team.
Martinez ranked sixth on the final in-season edition of MLBTR’s Free Agent Power Rankings and will undoubtedly be looked upon favorably in MLBTR’s Top 50 Free Agent Rankings following the conclusion of the World Series. The veteran DH (and occasional first baseman/catcher) put up an excellent .335/.409/.565 batting line with 32 homers this season, leading the American Legaue in OBP and leading all of Major League Baseball in OPS (.974).
Nonetheless, a four-year deal for Martinez would run through his age-39 season, which obviously carries a tremendous amount of risk for any party interested in signing him. A four-year deal at an average annual value he and his representatives deem acceptable could approach or even exceed the $60MM mark — a steep price to pay for a slugger of that age, even coming off such a strong season.
Then again, the free agent market lacks power bats, so Martinez will have no shortage of interest. It’s certainly not out of the realm of possibility that a team in need of a bat that feels it can contend in 2015-16 ponies up that kind of cash, even if the final years of the deal can be reasonably expected to return diminished results.
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.
In the wake of another postseason disappointment for the Tigers, “there’s the underlying question whether this could be the end of an era,” MLB.com’s Jason Beck writes. Several key members of the roster will hit free agency, including Max Scherzer, though the 2013 Cy Young Award winner said “I do hope I’m back. I love this clubhouse, love everybody in here, been to battle with these guys for five years. It would mean a lot to me.”
Here’s the latest from the Motor City…
- If Scherzer doesn’t return, the natural next step for the Tigers would be to pursue an extension with David Price, though the southpaw naturally wasn’t concerned with his contract in the wake of the painful ALDS sweep. “That’s out of my control. That’s the last thing that’s on my mind right now. I’m not worried about that,” Price told reporters, including Mlive.com’s Chris Iott. Price has one year of arbitration eligibility remaining before hitting the free agent market after the 2015 season.
- The Tigers’ failure to acquire Andrew Miller at the trade deadline may have been the turning point of their season, John Lowe of the Detroit Free Press writes. Miller could’ve been prevented the bullpen meltdowns that plagued the Tigers in the ALDS, but instead, he ended up stifling Detroit in two late-game appearances for the Orioles. The Tigers came very close to closing a deal Miller at the deadline but the Red Sox instead sent the lefty to Baltimore in exchange for top pitching prospect Eduardo Rodriguez.
- A rival official recently told ESPN’s Buster Olney (Insider subscription required) that he thinks the Tigers will do whatever it takes to re-sign Victor Martinez, as “considering the Tigers’ win-at-all-costs approach and Martinez’s importance in the Detroit lineup, he cannot see them being outbid.” Olney lists five other teams as possible fits for Martinez in free agency, and three are from the AL Central.
- Also from Olney’s piece, he lists the Tigers as a potential suitor for Russell Martin. The free agent catcher could be “a plan B” if the Tigers are concerned about Alex Avila‘s concussion history and want a change behind the plate.
The Tigers and Athletics made noise at the trade deadline when they acquired David Price and Jon Lester, respectively, but now they have little to show for it, USA Today’s Bob Nightengale writes. Instead, some of the most effective moves have been the quieter ones, like the Orioles acquiring dominant lefty reliever Andrew Miller or the Giants dealing for Jake Peavy. Nightengale also notes that the Dodgers made the best move of the trading season by not dealing Matt Kemp, who hit like crazy down the stretch and so far in the postseason. Here are more notes from around the big leagues.
- Johnny Cueto, Mat Latos, Mike Leake and Alfredo Simon can all become free agents after the 2015 season, putting the Reds in a tough spot, C. Trent Rosecrans of the Cincinnati Enquirer writes. “As much as I think we’d like to be able to keep every single guy and pay them what they deserve, it’s impossible to do it here,” says manager Bryan Price. Rosecrans quotes Cueto, Latos and Leake all saying they would be happy staying in Cincinnati, but the Reds will have a tight budget, with plenty of money already committed to Joey Votto, Brandon Phillips, Jay Bruce and Homer Bailey.
- Victor Martinez doesn’t have a monetary goal in mind when it comes to the contract he’ll sign as a free agent this offseason, but he does know how many years he’d like to receive, writes Anthony Castrovince of Sports On Earth. Martinez won’t say how many years that is, but he does say he doesn’t want to still be playing at 40. He’ll open next season at 36, which might indicate he’s looking for a four-year deal. Martinez is poised to cash in after an outstanding .335/.409/.565 season in Detroit, although Castrovince notes that Martinez’s market will be constrained somewhat because he’s a DH and because the Tigers will almost certainly extend him a qualifying offer.
- Now with the Angels (who were just eliminated from the postseason by the Royals), Huston Street fondly remembers his time as the Padres‘ closer, writes Dennis Lin of the San Diego Union-Tribune. “When you leave someplace, you want to miss it as much as I miss San Diego,“ says Street. “Just because that means the time you spent there was meaningful. It was a time in my career that really set me on a very successful path.“
- Not retaining Casey Janssen will probably be the correct decision for the Blue Jays, Richard Griffin of the Toronto Star writes. Teams frequently change closers, as a look at playoff teams’ rosters indicates — the only playoff closer who has been in that position with his team for three years is Kenley Jansen of the Dodgers. Instead of worrying about a closer, Griffin argues, the Jays should address second base and the outfield.
Behind the scenes at MLBTR, we’re busy discussing and polishing our Top 50 Free Agents list for the 2015 offseason. While we’ll wait until the appropriate time to officially release the list, it’s not too soon to talk about a few of the players who have done the best to improve their free agent stock. In general, I’m looking at players who weren’t even on the radar when Steve Adams kicked off our 2015 Free Agent Power Rankings series on April 15. Today, we’ll take a look at a pure hitter, a starting pitcher, and an elite reliever.
1. Victor Martinez. I’m sure Martinez’s appearance on this list is of no surprise. When we compiled our initial power rankings post, 25 players were named. Martinez was not one of them. The 35-year-old designated hitter is limited in defensive versatility, but his bat is clearly elite. He is enjoying a fantastic offensive season with a .335/.404/.566 line and 31 home runs. All are career bests. He’s even stolen three bases (also a career best). The exceptional performance comes with a 10.5% walk rate and 6.6% strikeout rate, making him one of just two players with more walks than strikeouts (Jose Bautista is the other).
Martinez, who earned $12MM this season, will receive a qualifying offer, according to Buster Olney of ESPN. It’s difficult to handicap how the slugger will perform on the free agent market. The only recent comparable player is David Ortiz, although the short contracts he signed with the Red Sox do not appear to be directly applicable to Martinez’s situation.
The Tigers will have some leverage in retaining Martinez, where he can continue to hit with Miguel Cabrera. The White Sox are also said to be interested, per Bruce Levine of 670TheScore.com. Chicago appears to be an ideal fit with its extremely hitter friendly stadium (Detroit’s Comerica Park is a neutral stadium), and he would make a good tandem with Jose Abreu. We seem to have the basic ingredients for a bidding war, and other teams will likely enter the fray.
2. Brandon McCarthy. What a fascinating season it’s been for McCarthy. His fastball gained two mph over previous seasons, and he’s posted the highest ground ball rate of his career at 52.7%. While his 3.93 ERA is merely decent, advanced ERA estimators like xFIP (2.90) and SIERA (3.03) expect better things to come. He’s also buffed his strikeout rate to 7.72 K/9 while maintaining an elite walk rate of 1.53 BB/9.
McCarthy was easy to overlook entering the season. His command and control profile made him a steady but uninspired rotation option. His first 18 starts came with the Diamondbacks, where he flashed excellent peripherals with an unseemly 5.01 ERA. He was dealt to the Yankees prior to the July trade deadline. In 13 starts, he’s pitched to a 2.54 ERA that is supported by his peripherals. Many pundits (including this one) worried about the influence of Yankee Stadium on the homer prone starter, but his HR/FB ratio has regressed to league average in New York.
Prior to this season, he never managed more than 170 and two-thirds major league innings in a single season. That came in 2011. He’s frequently dealt with injuries including recurring “stress reactions” in his pitching shoulder. His most recent shoulder injury occurred in 2012. This season, he’s managed a career high 194 and two-thirds innings with a chance to eclipse the 200 inning threshold.
A sabermetrically inclined front office – especially one with a large ballpark – could justifiably view McCarthy as the fourth best free agent starter, after the triumvirate of Max Scherzer, Jon Lester, and James Shields. McCarthy’s history of shoulder problems will likely temper enthusiasm for a large contract offer. That might serve to increase demand by making him an affordable, second-tier option. McCarthy, who is entering his age 31 season, could top the four-year, $49 million contract signed by Ricky Nolasco last offseason. However, a smart club would include language to mitigate risk from future shoulder flare-ups.
3. Andrew Miller. If Miller was on anybody’s radar entering the season, it was as a moderately interesting LOOGY. By halving his walk rate and proving he’s no platoon pitcher, Miller will enter the offseason as an untested but possibly elite closing option. Due to his inexperience recording saves, clubs may still look at him as a setup reliever.
Split between the Red Sox and Orioles, the 30-year-old southpaw has posted a 1.93 ERA in 60 and two-thirds innings. His 14.84 K/9 is impressive, especially in light of his 2.37 BB/9. He’s allowed just 32 hits on the season and is one of three relievers to cross the 100 strikeout threshold – four others appear poised to do so by the end of the season.
No recent left-handed reliever has entered free agency coming off of such a strong season, which puts Miller in uncharted waters. Jeremy Affeldt, who signed a three-year, $18MM contract with the Giants following the 2012 season is a distant comparable. Joaquin Benoit is probably the best example among recent right-handed pitchers. He signed a two-year, $15.5MM contract with an option after emerging as the Tigers closer. However, he was also entering his age 36 season, so he was considerably older than Miller. Per the MLBTR Transaction Tracker, no non-closing reliever has signed a contract with over a $20MM guarantee. Miller has a chance to be the first. Prior to the 2007 season, Justin Speier signed a four-year, $18MM contract that could serve as a barometer of sorts once inflation is included.