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2017 MLB Free Agent Power Rankings

2017 MLB Free Agent Power Rankings

By Tim Dierkes | September 1, 2016 at 10:20am CDT

Most players have about 30 remaining regular season games to add to their free agent bona fides.  Postseason heroics don’t always change a free agent’s valuation, as Daniel Murphy can attest.  Still, the majority of players on this list will see their seasons extend into the playoffs, providing a chance to shine on baseball’s biggest stage.  The players below are ranked on their expected earning power in free agency.  To view the full list of 2016-17 MLB free agents, click  here.

1.  Yoenis Cespedes.  Cespedes aggravated his quad in early August, but returned to close out the month with five home runs in 11 games.  He’s showing more power than ever and has even started drawing walks.  Cespedes, who turns 31 in October, told reporters recently he’d like to spend the rest of his career with the Mets, but he has not made a decision about his opt-out clause.  Barring a large extension with the Mets, it is a virtual lock Cespedes opts out of the remaining two years and $47.5MM left on his contract in search of a bigger commitment.

2.  Aroldis Chapman.  Aside from a laborious save last night at Wrigley, Chapman had a fine month for the Cubs.  He appears in line to score a record contract for a reliever this winter.

3.  Kenley Jansen.  Jansen had a few rare blips in August, but he’s still right there with Chapman as one of the game’s dominant ninth inning forces.  Chapman, Jansen, and Mark Melancon are poised to take the free agent relief market to new heights in a few months.  Of the three, only Jansen will be subject to a qualifying offer, if that system remains in place.

4.  Edwin Encarnacion.  Encarnacion had another fine month with the bat, slugging eight more home runs to bring his total to 36.  His career-high of 42 bombs is within reach.  Unfortunately, Encarnacion has drawn attention for a lawsuit in which a woman alleges he knowingly infected her with sexually transmitted diseases in February.  Any team considering signing Encarnacion this offseason is going to have questions and concerns about this situation.

5.  Wilson Ramos.  Ramos had a respectable August, with his career-best home run total climbing to 20.  Among full-time catchers, that mark ties him for second in all of baseball.  Ramos celebrated his 29th birthday in August, and his youth opens up the possibility of a five-year deal in free agency.  If the bidding results in a contract near Russell Martin’s five-year, $82MM pact, Ramos could be the second-biggest earner among all free agents.  For more on Ramos’ market, check out Jeff Todd’s Free Agent Stock Watch.

6.  Ian Desmond.  Desmond hit a bump in the road in August, batting just .241/.276/.276 in 123 plate appearances for the Rangers.  He’s no longer the free agent WAR leader.  Desmond’s overall resurgent campaign still justifies a four-year deal, with strong contributions in hitting, baserunning, and defense.

7.  Justin Turner.  At 4.3 WAR, Turner is the most valuable free agent currently.  The 31-year-old has combined his typical above average third base defense with newfound power at the plate.  Turner’s 24 home runs marks a career high, though his batting average has slipped from the lofty heights of 2014-15.  MLBTR’s Jeff Todd dissected Turner’s season and market position at length in this recent Free Agent Stock Watch.

8.  Mark Trumbo.  Trumbo leads all of MLB with 40 home runs, after adding ten more in August.  It was an all or nothing month for the 30-year-old right-handed slugger, who hit .181/.280/.500 in 107 plate appearances.  Oddly, Trumbo has struggled against left-handed pitching this year, after hitting .272/.328/.542 off southpaws from 2013-15.  His poor defensive season is less of a surprise.  Unlike a player like Desmond, Trumbo can only help a team in one area: power.  I still think he has a reasonable chance at a four-year deal, though about 58% of MLBTR readers don’t think he’ll get one.

9.  Jose Bautista.  Bautista, 35, missed a chunk of August due to a knee sprain.  While his offensive rate stats are down, the bigger concern is his health and defense moving forward.  In the aforementioned survey, less than 13% of MLBTR readers think Bautista will get a four-year deal this winter.  I agree with that assessment.

10.  Josh Reddick.  Reddick held the third spot on this list a month ago.  Since being traded to the Dodgers, he’s hitting just .161/.223/.172 in 94 plate appearances.  One month may not torpedo his free agent value entirely, and he still has September and October to build it back up.  MLBTR’s writing team has debated whether Reddick can still land a four-year deal, with Jeff Todd’s Nick Markakis comp suggesting it’s possible.  The ever-pessimistic MLBTR readership gives only a 26% chance of a four-year deal for Reddick.  If they’re correct, he won’t hold a spot in the top ten.

An honorable mention goes to Mets second baseman Neil Walker, who held the tenth spot on this list until news broke that he’s likely to undergo season-ending back surgery.  I would not rule out a four-year deal for Walker, who set a career-high of 3.8 WAR in just 113 games.  Others who are not too far from cracking the top ten: Dexter Fowler, Michael Saunders, and Mark Melancon.  The market will also feature power bats Mike Napoli, Brandon Moss, and Carlos Beltran, great speed and baserunning in Rajai Davis, and high contact hitter Martin Prado.

You may have noticed the complete lack of starting pitchers mentioned.  The free agent market for starting pitching looks historically bleak this winter, with Jeremy Hellickson, Ivan Nova, and Rich Hill as the top-ranked arms.

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2017 MLB Free Agent Power Rankings MLBTR Originals Newsstand

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2017 MLB Free Agent Power Rankings

By Tim Dierkes | August 3, 2016 at 11:23pm CDT

Pending free agents traded during the month of July included Josh Reddick, Aroldis Chapman, Mark Melancon, Rich Hill, Andrew Cashner, Steve Pearce, Carlos Beltran, Ivan Nova, and Jesse Chavez.  Under the current Collective Bargaining Agreement, a midseason trade disqualifies a player from receiving a qualifying offer.  The value of the one-year offer is expected to be around $16.7MM this winter.  Since such an offer ties the player to draft pick compensation, avoiding one can be a big benefit for him.

The current CBA expires on December 1st of this year.  The November qualifying offer and acceptance dates remain in place until a new agreement is reached.  A new agreement could completely eliminate, modify, or maintain the current system.  It’s an unknown at this point.

Below, I’ve ranked the 2016-17 free agents by earning power.  You can view the full list of free agents here.

1.  Yoenis Cespedes.  Cespedes suffered a quad strain on July 8th, skipping the All-Star Game as a result.  While he’s avoided a DL stint thus far, Cespedes will be used as a left fielder for the remainder of the season as a precaution.  He’s expected to serve as the Mets’ designated hitter tonight against the Yankees, and doesn’t have to worry about playing the field until the team returns to National League contests on Tuesday.  In his brief 48 plate appearances since the injury, Cespedes’ power has been missing.  It remains to be seen how the injury will affect him over the Mets’ remaining 56 regular season games.  Regardless, Cespedes seems very likely to opt out of the remaining two years and $47.5MM remaining on his contract after the season.  If he does, he’ll likely retain his position as our top-ranked free agent.

2.  Edwin Encarnacion.  Encarnacion moves up a spot after a strong July.  He’s on pace for a career-high 44 home runs, and with 29 bombs to date he’s one behind Mark Trumbo and Todd Frazier for the MLB lead.  Since Encarnacion turns 34 in January, he seems limited to a four-year term in free agency.  Still, that could be at a salary of $20MM or more.

3.  Josh Reddick.  Reddick and teammate Rich Hill were traded by the A’s to the Dodgers on Monday’s trade deadline.  Reddick was a near-lock for a qualifying offer, so the trade boosts his earning power.  He doesn’t turn 30 until February, so Reddick should be in line for a four or five-year deal.  He had a strong July and has a chance to raise his profile as a key member of the Dodgers’ offense.

4.  Aroldis Chapman.  Chapman joins our top five for the first time.  The Cubs’ new closer also finds himself ineligible for a qualifying offer.  While I’ve felt Chapman’s October domestic violence incident could tamp down his free agent earning power, it didn’t seem to affect his trade value last month.  There is only one Aroldis Chapman, a lefty capable of pumping 104 mile per hour fastballs in the ninth inning.  The incident may have little bearing on his next contract.  It will be interesting to see Chapman and Kenley Jansen jockeying for record relief contracts this winter, possibly five-year deals in excess of $70MM.

5.  Kenley Jansen.  Jansen’s excellent season continues, and he may be able to top his career-high of 44 saves.  Just 29 in September, Jansen is a dominant ninth inning force.  Some teams will prefer him to Chapman.

6.  Ian Desmond.  Desmond’s power resurgence may lead to his first career 30 home run season.  Slotting in around the top of the Rangers’ order, which is more imposing with the trade deadline additions of Jonathan Lucroy and Carlos Beltran, Desmond could score 110 runs this year.  He leads all pending free agents with 4.4 wins above replacement, as a fine center fielder with renewed power.  Desmond will turn 31 in September.  He’s about the same age as Cespedes, but older than Reddick.  The comps don’t really matter though – free agency will be an auction for his services, and I imagine he’ll be seeking a five-year deal.  If Desmond gets that fifth year, he’ll likely out-earn everyone on this list aside from Cespedes.

7.  Jose Bautista.  Bautista tumbles down the Power Rankings, as I’m currently pegging him for a three-year deal.  36 in October, Bautista returned from a toe injury on July 25th.  He’ll need a strong finish to convince teams that his age 36-39 seasons are a strong investment, especially with a qualifying offer attached.

8.  Wilson Ramos.  Ramos posted a solid July and has already tied his career high of 16 home runs.  He’s been the most valuable catcher in baseball this year at 3.4 WAR, and doesn’t turn 29 until next week.  It’s time to start considering a five-year deal as a legitimate possibility for Ramos, whose earning power has skyrocketed with his well-timed breakout.

9.  Mark Trumbo.  Trumbo crushed seven more home runs in July.  He was the first player to reach 30 this year, and is on pace for 46 longballs for the season.  Like fellow free agent slugger Edwin Encarnacion, Trumbo is a liability on defense.  Trumbo strikes out more and walks less than EE, and consistently posts a low on-base percentage.  For some GMs, a 40 home run, 110 RBI right-handed bat for the middle of the order still speaks for itself.  Trumbo’s agent will likely be vying for a fourth year.

10.  Dexter Fowler.  The tenth spot came down to Fowler, Justin Turner, and Michael Saunders.  A case can be made for any of them, but I’ll take Fowler by a hair.  Fowler ranks eighth in baseball with a .403 OBP, and he plays center field.  Teams will be wary of going four years on a player with his injury history, but he’ll still do much better in free agency this time around.

Turner and Saunders each have a shot at their first 30 home run season.  Both players have already set career bests in homers.  Neither Turner nor Saunders has ever played 140 games in a season, so a four-year investment would be risky.

The 2016-17 free agent market looks historically bleak for starting pitching.  You’ve got Rich Hill, who has been brilliant but turns 37 in March and has been limited to 14 starts this year due to injuries.  One of the top starters might be Jeremy Hellickson, who turns 30 in April and has a 3.70 ERA in 22 starts for the Phillies.  Barring an August trade, however, Hellickson seems likely to come with a qualifying offer attached.  There’s also Andrew Cashner, the hardest-throwing free agent starter.  30 in September, Cashner is having another middling year and will try to finish on a high note with the Marlins.

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2017 MLB Free Agent Power Rankings Newsstand

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2017 MLB Free Agent Power Rankings

By Tim Dierkes | July 6, 2016 at 11:55pm CDT

Multiple contract-year hitters raked in the month of June.  Edwin Encarnacion, Carlos Beltran, Kendrys Morales, Ian Desmond, Wilson Ramos, Michael Saunders, Luis Valbuena, Mark Trumbo, and Justin Turner came up big, and many more have showed well since the most recent installment of our Free Agent Power Rankings back on June 2.  The starting pitching side was much lighter, with nice runs from Bud Norris and Doug Fister.

While no extensions were signed, there was still plenty of movement in the Power Rankings based on June events.  Below, I’ve ranked the 2016-17 free agents by earning power.  You can view the full list of free agents here.

1.  Yoenis Cespedes.  Cespedes remains on pace for his first 40 home run season, which should compel him to opt out of the remaining two years and $47.5MM on his contract with the Mets shortly after his 31st birthday in October.  Cespedes will start in the outfield for the NL All-Star team, and he’s currently the only free agent I project to land a six-year deal well in excess of $100MM.

2.  Jose Bautista.  Bautista, 36 in October, suffered a toe injury in mid-June and won’t return until after the All-Star break.  A four-year deal still seems plausible, with precedents such as Victor Martinez and Ben Zobrist.  Still, the fourth year is not a lock for Bautista, who is on track for his worst season since becoming a full-time player with the Blue Jays.

3.  Edwin Encarnacion.  Bautista’s teammate had a much better month.  Encarnacion smashed 11 home runs in June and has been named to the AL All-Star team.  As he’s shown with mammoth months in years past, EE can go on a hot streak with the best of them.  His free agent stock is suppressed for two reasons: he’ll turn 34 in January, and he’s probably limited to the American League as a primary designated hitter.  Nonetheless, his contract projection is starting to approach that of Bautista: four years at a total of $80MM or more.

4.  Josh Reddick.  Reddick returned to Oakland’s lineup on June 28th after missing over a month with a fractured thumb.  On June 26th, Susan Slusser of the San Francisco Chronicle reported that the A’s and Reddick “appear to be far apart” on a contract extension, and there are no indications of recent progress.  Slusser reported a few days later that the Royals have interest in trading for Reddick, and Joe Stiglich of CSNBayArea.com has also linked the Giants to the right fielder.  Five days ago, MLBTR’s Jeff Todd ranked Reddick as the No. 3 trade candidate in the game.  So Reddick may be on the move this month, which could remove a qualifying offer from the equation this winter.  While I have projected Reddick for a five-year deal previously, a safer call might be four years.

5.  Kenley Jansen.  Jansen’s excellence continues for the Dodgers, and he’s been awarded with his first career All-Star nod.  The 28-year-old closer from Curaçao will look to shatter Jonathan Papelbon’s record contract for a reliever.  Papelbon signed a four-year, $50MM deal in November 2011, so we’re definitely due for a new precedent five years later.  Jansen’s ceiling could be around five years and $70MM.

6.  Ian Desmond.  I wasn’t prepared to award Desmond a spot in our top ten last month, and he proceeded to put up monster numbers in June.  Desmond is the current wins above replacement leader among projected free agents, at 3.9.  He’s in the midst of the best offensive season of his career and has proven to be above average in both left and center field defensively for the Rangers.  It’s been an extremely successful makeover for the former Nationals shortstop, who made the All-Star team for the second time in his career.  Desmond, who turns 31 in September, seems a good bet for a four-year deal north of $60MM.

7.  Aroldis Chapman.  Chapman has been dominant in his 22 innings for the Yankees, dropping his walk rate well below his career norm in the small sample.  He ranked seventh on Jeff Todd’s trade candidate list last week.  The Yankees are below .500 and four games out in the Wild Card standings, and they have the rest of the month to decide whether to sell.  Chapman currently sits below Jansen in terms of free-agent earning power because of his domestic violence incident last year.

8.  Wilson Ramos.  Ramos’ breakout season continued with a huge month of June, and he makes this list for the first time.  The 28-year-old Nationals catcher, who is hitting .335/.390/.554, made the All-Star team for the first time in his career.  A four-year deal is starting to look possible for Ramos, who will be a young free agent.  Even after Francisco Cervelli’s extension with the Pirates, this free agent class offers solid options at catcher with Ramos and fellow All-Star Matt Wieters.

9.  Dexter Fowler.  Fowler suffered a hamstring injury on June 18th and had been scuffling prior to that.  He was voted onto the NL All-Star team, one of seven Cubs to make the roster.  Fowler is hopeful he’ll be able to participate in the All-Star game next Tuesday.  Looking at his free agent stock, two strong months won’t be enough for Fowler to lock in a four-year deal.  A strong, healthy finish will be key, given Fowler’s injury history prior to 2015.

10.  Mark Trumbo.  We had many candidates for this spot, but Trumbo gets the nod for the second consecutive month.  The 30-year-old right fielder/first baseman leads the American League with 24 home runs and has been named to his second career All-Star team.  Barring injury, Trumbo should fly past his career high of 34 home runs, set in 2013 with the Angels.  While he’s a one-dimensional player, a 40 home run season would be difficult to ignore in free agency.

Four players came close to landing a spot within the top ten: Matt Wieters, Michael Saunders, Carlos Gomez, and Justin Turner.  All of them played well in June, and Gomez had his best month in a long time.  A difficult month pushed the Mets’ Neil Walker off our list, while Rich Hill lost his spot due to a groin injury.

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2017 MLB Free Agent Power Rankings MLBTR Originals Newsstand

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2017 MLB Free Agent Power Rankings

By Tim Dierkes | June 2, 2016 at 10:55pm CDT

During the month of May, we saw a pair of key players decide to forgo free agency.  Nationals starter Stephen Strasburg, by far the best projected free agent from the 2016-17 class, signed a seven-year, $175MM extension that includes heavy deferrals and two opt-out clauses.  I believe Strasburg left at least $50MM on the table in making the surprising decision to sign.  With Strasburg off the market, we’re unlikely to see any $100MM pitchers this winter after four hurlers reached that mark last offseason.

Francisco Cervelli, projected to be the best catcher on the 2016-17 free agent market, signed a three-year, $31MM extension with the Pirates.  Cervelli may have left $20MM or more on the table in signing his new deal.

So, we’ve lost the #1 and #10 free agents on last month’s power rankings.  Below, I’ve ranked the remaining projected free agents by earning power.  You can view the full list of 2016-17 MLB free agents here.

2017FreeAgentPR_2_1024

1.  Yoenis Cespedes.  With 15 home runs in his first 193 plate appearances, Cespedes has a good chance to reach 40 for the first time.  He’s increasingly likely to opt out of the remaining two years and $47.5MM on his contract with the Mets.  The 30-year-old slugger could be the only free agent to reach $100MM this offseason, underlining the lack of relatively young high-end players on the market.

2.  Jose Bautista.  The most noteworthy part of Bautista’s May was his run-in with Rougned Odor’s fist.  Bautista served a one-game suspension for his role in the ensuing brawl.  At the moment, I’m projecting a four-year deal in the $100MM range for Bautista, who turns 36 in October.

3.  Josh Reddick.  Reddick fractured his left thumb during a headfirst slide on May 19th.  While the injury will not require surgery, he’s expected to be out until late June.  Reddick was swinging a hot bat leading up to the injury.  Assuming he continues to produce upon his return, I don’t see the injury affecting his earning power.  I can see a five-year deal approaching $100MM.

4.  Kenley Jansen.  Not much has changed with Jansen, who has a shot at a five-year deal.  It seems likely that a reliever will end up with the largest pitching contract of the offseason.

5.  Edwin Encarnacion.  Encarnacion recovered from an ugly April to post a solid May.  He could wind up with a three-year deal with a salary in excess of $20MM.

6.  Dexter Fowler.  Fowler continued to rake in the month of May, hitting .295/.403/.476.  He currently ranks third among position players with 3.2 wins above replacement, after Mike Trout and Manny Machado.  I’m projecting a four-year deal in excess of $60MM for Fowler, after he was left with a disappointing one-year deal last winter.

7.  Aroldis Chapman.  Chapman made his Yankees debut on May 9th after serving a 30-day suspension for a domestic violence incident.  He’s looked as dominant as ever, and a large free agent payday is in the offing.  The question is whether Chapman can get a five-year deal, in light of that October incident.

8.  Neil Walker.  Walker posted another solid month for the Mets.  In a thin market, perhaps he could land a Chase Headley contract (four years, $52MM) if he keeps going strong.

9.  Rich Hill.  Hill now has 11 starts under his belt this year with a 2.25 ERA and 10.4 K/9.  The southpaw, who turns 37 next March, has come a long way in the last year.  He appears to have a good chance at a four-win season, which generally seemed impossible for most of the last decade.  Despite Hill’s age, I think a three-year deal in excess of $40MM is within reach.

10.  Mark Trumbo.  After another big power month, Trumbo is now tied for third in the AL with 15 home runs.  If he winds up near 40 home runs this year, a strong three-year deal becomes possible.  However, his value is hurt by his defensive limitations.

Carlos Gomez, who was ranked fifth on this list last month, has dropped out of the top ten.  The hope is that he’ll finally start hitting after serving a May DL stint for bruised ribs.  However, at this point he’s a candidate to take a one-year deal to rebuild value.

Four players were very close to making the list: catchers Matt Wieters and Wilson Ramos, and outfielders Michael Saunders and Ian Desmond.  Each of them appears to be setting up for a three-year deal at this point.  If four years starts to seem likely for any of these players, they’ll have a spot in the top ten.

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2017 MLB Free Agent Power Rankings MLBTR Originals Newsstand

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2017 MLB Free Agent Power Rankings

By Tim Dierkes | May 2, 2016 at 10:49am CDT

The first month of the 2016 MLB season is in the books, and we’ve got movement in our 2017 MLB Free Agent Power Rankings.  These rankings apply to players projected to reach free agency after this season, and the players are ranked based on earning power.  In the middle of April, the Rangers unsurprisingly extended Adrian Beltre, so he’s off the list.  To see the full list of 2016-17 MLB Free Agents, click here.

1.  Stephen Strasburg.  Strasburg was dominant in the season’s first month, carrying over his success from last year.  By measure of wins above replacement, only Clayton Kershaw and Noah Syndergaard have been better.  With a full season of good health, agent Scott Boras could look to push a seven-year deal for Strasburg past $240MM.  An opt-out clause or two will surely figure in as well.  Strasburg doesn’t turn 28 until July.

2.  Yoenis Cespedes.  Cespedes jumps up a spot after a huge April.  In addition to seven home runs, he even managed to draw a few extra walks.  A less streaky campaign than 2015, perhaps ending with around 35 home runs again, could net Cespedes the six-year deal that eluded him last winter.  To take a shot at it, he’ll have to opt out of the remaining two years and $47.5MM on his current contract with the Mets.

3.  Jose Bautista.  Bautista continues to do his thing, hitting for power and drawing lots of walks.  Last week, Jon Heyman tweeted that he believes Bautista will take less than his five-year, $150MM asking price but not less than $100MM.  Something a bit north of $100MM on a four-year deal does seem plausible for Bautista, who told Nick Cafardo of the Boston Globe last month that he is willing to negotiate in-season with the Blue Jays.

4.  Josh Reddick.  Nothing out of the ordinary from Reddick in April.  As a solid player who doesn’t turn 30 until February, Reddick could be a sneaky candidate for a five-year deal this winter.  He told MLB.com’s Jon Paul Morosi that he’s not aware of any substantive extension talks with the A’s.  In that column, Morosi had some interesting speculation about whether the Cubs could trade for Reddick this summer.

5.  Carlos Gomez.  Gomez is hitting .245/.303/.364 since June of last year, and I’ve dropped him three spots since our last rankings.  The Astros’ center fielder is currently battling rib cage soreness and is trying to avoid the DL.  For the Astros, Gomez just hasn’t looked like the player he was with the Brewers.  Even if he performs to projections from here on out, which is a total unknown, Gomez could be limited to a four-year deal in the range of Alex Gordon’s $72MM.  He carries further downside risk if this becomes a lost season.

6.  Kenley Jansen.  Business as usual for Jansen, who has allowed one run in his first ten appearances.  If the save opportunities continue coming as they did in April, perhaps the Dodgers’ closer can top his career high of 44 saves.  It would be interesting to see a reliever earn the second-largest pitching contract of the offseason.  Jansen could make that happen with a precedent-shattering five-year deal.

7.  Edwin Encarnacion.  Like last year, it was a rough April for Encarnacion.  The Blue Jays’ designated hitter has shown many times he’s capable of going on a tear.  Still, my confidence in a four-year deal for Encarnacion is wavering a bit.  He’ll turn 34 in January.

8.  Aroldis Chapman.  Chapman’s 30-game suspension for a domestic violence incident ends a week from today, and he’ll presumably jump right into the Yankees’ closer role.  He’s been working out at the Yankees’ minor league complex, taking some time last week to become a U.S. citizen.  I expect Jansen to do better than Chapman in free agency, but Chapman should still land a huge contract if he stays incident-free until free agency.

9.  Francisco Cervelli.  Cervelli makes his first appearance in our top ten.  The Pirates’ backstop has stepped it up a notch after a stellar 2015, and ranks fifth in the NL with a .438 on-base percentage.    As it stands now I could see a four-year deal worth $60MM, and I think he could have a shot at five years if his offensive success continues.  Quite the transformation for Cervelli, who will turn 31 shortly before the 2017 season.

10.  Dexter Fowler.  Like Cespedes, Fowler could find the contract that eluded him after another year back with his old team.  So far in 2016, Fowler has been the best player in baseball.  The Cubs’ center fielder boasts an MLB-best .470 OBP.  Though he’s never approached four wins above replacement, Fowler already has two in the books after one month.  If he stays healthy and productive, Fowler should be able to get a four-year deal in free agency.

Neil Walker and Michael Saunders are both pushing for a spot in our top ten after stellar starts to their seasons.  Walker has already crushed nine home runs, and could reach 30 this year.  Saunders is healthy and hitting after a lost 2015.  Typically weaker against left-handed pitching, Saunders smacked three home runs off southpaws in April, including two off Drew Smyly.  Colby Rasmus, Mark Trumbo, Martin Prado, and Rich Hill are a few others off to hot starts in 2016.  Andrew Cashner drops out of our top ten after a lackluster April.

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2017 MLB Free Agent Power Rankings

By Tim Dierkes | March 22, 2016 at 10:49pm CDT

The 2015-16 MLB free agent class is winding down, and it’s time to turn our attention to the 2016-17 group. These players project to become free agents after the 2016 season, unless they sign contract extensions first.  Extensions seem unlikely for the top names.  Players may be reluctant to sign now, as the 2016-17 class appears weak.  MLBTR’s full list of 2016-17 free agents can be found here.

What exactly are we ranking here? The simplest explanation would be earning power. These rankings represent expected contract size, assuming each player reaches the open market and goes to the highest bidder. Of course, nothing affects a free agent’s earning power more than his most recent season, so I’ll be updating these rankings monthly.

MLBTR 2017 Power Rankings (vertical)

1.  Stephen Strasburg.  The first overall pick in the 2009 draft, Strasburg has been very good in his Nationals career but hasn’t quite lived up to expectations.  One could draw a parallel with one of last winter’s top free agents, Justin Upton.  Of course, it’s different with pitchers, and over the years Strasburg’s only limitation has been health.  After tying for the NL lead in strikeouts in 2014, shoulder, neck, back, and oblique issues limited Strasburg to 23 big league starts in 2015.  After the season, he had a “small, non-cancerous growth removed from his back,” wrote James Wagner of the Washington Post.  Strasburg also has Tommy John surgery in his health history, with the procedure performed in September 2010.  Strasburg’s agent, Scott Boras, enjoys a well-known cozy relationship with the Nationals.  The team generated controversy in 2012 when Strasburg was shut down at 159 1/3 innings with the team headed to the playoffs, a decision unsurprisingly supported by Boras.  Now, if Strasburg can muster up his second career 200-inning season along with his typical dominance, Boras will seek to shatter David Price’s record contract for starting pitchers, which was for seven years and $217MM with the Red Sox.  As with Price, opt-out clauses will factor heavily into the discussion.  Strasburg doesn’t turn 28 until July, so he’ll be about two years younger than Price was.

2.  Carlos Gomez.  Gomez took big steps forward after being traded to the Brewers in November 2009, and posted a career-best 19 home runs in 2012.  In the spring of 2013, with free agency looming after the season, Gomez signed a surprising three-year extension with Milwaukee.  He went on to put up monster seasons in 2013 and ’14, but was derailed in 2015 with hamstring and hip issues.  A near-trade to the Mets fell apart in July when New York backed out for various reasons, but he was successfully traded to the Astros the following day.  Similar to Strasburg, a healthy season will go a long way for Gomez, who is also represented by Boras.  The center fielder could land a deal north of $150MM if he returns to his 2014 level of health and production.

3.  Yoenis Cespedes.  I predicted a six-year, $140MM deal for Cespedes, who reached free agency after the 2015 season.  Instead, the 30-year-old slugger turned down multiple five-year offers and returned to the Mets in late January on an interesting high-AAV contract.  Cespedes signed a three-year, $75MM deal, with an opt out after 2016.  If exercised, Cespedes will have earned a hefty $27.5MM for the ’16 season.  If he does opt out, perhaps Cespedes will be coming off a season good enough to ease whatever concerns plagued him this winter, and he can snag that six-year deal in the end.  It’s a weaker market for sluggers, as Bautista and Encarnacion are considerably older.

4.  Jose Bautista.  Bautista, 36 in October, crushed 75 home runs over the last two seasons for the Blue Jays.  He’s a late bloomer, having broken out with the Jays in 2010 at age 29 with 54 home runs.  While extension talks with Toronto have occurred, Bautista stated in February that he’s “not willing to negotiate” from his asking price, which reports suggest could be five or six years at around $30MM per season.  Right now I’m penciling him in for four years and $120MM.  Some teams will draw a hard line because of Bautista’s age, but it’s certainly possible for one to throw caution out the window.

5.  Edwin Encarnacion.  Bautista’s teammate has been prolific in his own right, with 151 bombs over the last four years.  He’ll turn 34 prior to the 2017 season, so age is a big factor here as well.  Talks with the Jays have stalled over contract length, and you have to think Encarnacion expects at least four years.  I could see something like four years and $100MM, though he’d have a good argument for five years if Bautista gets that many first.  Encarnacion is more limited in the field, as a DH/first baseman.

6.  Josh Reddick.  Reddick doesn’t carry the same health or age concerns as the other outfielders on this list.  He recently turned 29, and he played in 149 games last year.  Reddick has evolved as a hitter, dropping his strikeout rate to 11.2% last year.  He’s got 20 home run pop and a good defensive reputation, if not the numbers to back up the latter in recent years.  He could be a candidate for a surprising five-year deal approaching $100MM.  The A’s are at least exploring an extension.

7.  Andrew Cashner.  You might be surprised to see Cashner this high on the list.  Indeed, his position is tenuous.  But in a free agent market starved for starting pitching, Cashner is the type you can dream on.  A former 2008 first rounder, Cashner averaged a blazing 94.8 miles per hour on his fastball last year.  That ranked sixth in baseball among those with 180 innings.  On the other hand, it was Cashner’s first time reaching that innings plateau, and he served up a 4.34 ERA for San Diego.  The team chose to hold onto him over the winter, perhaps sensing his value could rise in his contract year.  If Ian Kennedy can get five years and $70MM plus an opt-out clause, Cashner could do well in a free agent market for starting pitching that looks much, much worse.

8.  Kenley Jansen.  Jansen, 29 in September, may be the game’s best reliever.  The Dodgers’ closer boasts massive strikeout rates, and he added a career-best walk rate last year.  Jansen is practically unhittable, and he doesn’t come with the off-field baggage Chapman does.  Jonathan Papelbon’s record four-year, $50MM contract for relievers could fall, as it’s possible Jansen could land a five-year deal.

9.  Adrian Beltre.  Though he’s represented by Boras, Beltre stands a fair chance of reaching an extension with the Rangers.  The third baseman will turn 37 soon, but a three-year deal would be a fair request.  I could see three years and $60MM or more.  Though Beltre is winding down a potential Hall of Fame career, he remains a potent hitter and strong defender.

10.  Aroldis Chapman.  Chapman is right there with Jansen in terms of relief dominance, regularly punching out at least 42% of batters faced.  The 28-year-old is the hardest-throwing pitcher alive, averaging 99.5 miles per hour on his fastball last year and over 100 the year before.  However, his upcoming free agency is clouded by an incident that occurred at his home last October.  In a police report uncovered by Tim Brown and Jeff Passan of Yahoo, Chapman reportedly pushed and choked his girlfriend and fired a gun repeatedly in his garage.  Chapman denies harming his girlfriend, but chose not to appeal the 30-game suspension handed down by MLB as part of its domestic violence policy.  Even if Chapman avoids further incidents as a member of the Yankees, this one will affect his free agency after the season.  Every interested team will conduct due diligence, and perhaps several will emerge with enough comfort to offer Chapman a large four-year deal.  At this point, it’s difficult to say.

In the 2015-16 offseason, ten free agents signed for at least $80MM, seven of whom were pitchers.  This year, only Strasburg seems likely to reach $80MM, highlighting the lack of depth in starting pitching in the 2016-17 market.  After Cashner, there’s names like Jesse Chavez, Jorge de la Rosa, Ivan Nova, Edinson Volquez, Kris Medlen, and Brett Anderson.  James Shields and Scott Kazmir each have the ability to opt out of their current contracts and join the market, though it’s unclear whether either will find that worthwhile.  On the relief side, Mark Melancon is a high quality arm likely to land in our top 20.

There are a few interesting position players who did not make my initial top ten: Justin Turner, Francisco Cervelli, Matt Wieters, and Neil Walker.  Ian Desmond and Colby Rasmus will find themselves back on the market again, barring extensions.

It doesn’t seem likely that the Nippon Ham Fighters will post 21-year-old phenom pitcher Shohei Otani after this season, but if they do it would shake up the MLB free agent market.

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